Ardmore Shipping (NYSE:ASC) President Sells $152,560.00 in Stock

Ardmore Shipping Corporation (NYSE:ASC) President Bart Kelleher sold 8,000 shares of the business’s stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $19.07, for a total value of $152,560.00. Following the completion of the sale, the president owned 60,039 shares of the company’s stock, valued at $1,144,943.73. This trade represents a 11.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Ardmore Shipping Stock Performance

ASC opened at $19.51 on Friday. The business has a fifty day simple moving average of $15.84 and a 200 day simple moving average of $13.51. The company has a market capitalization of $794.44 million, a PE ratio of 14.67 and a beta of 0.03. Ardmore Shipping Corporation has a 1 year low of $9.18 and a 1 year high of $19.62. The company has a debt-to-equity ratio of 0.20, a current ratio of 4.33 and a quick ratio of 3.98.

Ardmore Shipping (NYSE:ASC) last announced its quarterly earnings data on Thursday, May 7th. The shipping company reported $0.58 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.07. The firm had revenue of $87.92 million during the quarter, compared to analysts’ expectations of $58.08 million. Ardmore Shipping had a return on equity of 9.73% and a net margin of 18.00%.

Ardmore Shipping Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 12th. Shareholders of record on Friday, May 29th will be issued a $0.39 dividend. The ex-dividend date of this dividend is Friday, May 29th. This represents a $1.56 annualized dividend and a yield of 8.0%. This is a boost from Ardmore Shipping’s previous quarterly dividend of $0.09. Ardmore Shipping’s payout ratio is presently 40.45%.

Key Headlines Impacting Ardmore Shipping

Here are the key news stories impacting Ardmore Shipping this week:

• Positive Sentiment: Ardmore reported first-quarter adjusted EPS of $0.58, ahead of the $0.51 consensus, and revenue of $87.92 million versus expectations of $58.08 million, showing a meaningful earnings and sales beat. Ardmore Shipping Q1 2026 Financial Results
• Positive Sentiment: The company declared a quarterly dividend of $0.39 per share, a sharp increase from the prior $0.09 payout, implying a higher yield and signaling confidence in cash generation. Ardmore Shipping Dividend Announcement
• Positive Sentiment: Recent analyst commentary has also been supportive, including a ratings upgrade that framed the bigger payout as attractive for investors. Ardmore Shipping Ratings Upgrade
• Neutral Sentiment: The company filed its Q1 Form 6-K and held an earnings call, providing additional detail on fleet profile and risk factors, but these updates appear informational rather than a new catalyst. Ardmore Shipping Q1 2026 Earnings Call Presentation
• Negative Sentiment: President Bart Kelleher sold 8,000 shares under a pre-arranged Rule 10b5-1 plan. While routine, insider selling can still cap enthusiasm around the stock. Ardmore Shipping Insider Sale

Hedge Funds Weigh In On Ardmore Shipping

Institutional investors have recently modified their holdings of the business. Zions Bancorporation National Association UT acquired a new position in shares of Ardmore Shipping during the 4th quarter worth $25,000. Raymond James Financial Inc. acquired a new position in shares of Ardmore Shipping during the 2nd quarter worth $38,000. Ameriflex Group Inc. acquired a new position in shares of Ardmore Shipping during the 3rd quarter worth $59,000. EverSource Wealth Advisors LLC raised its holdings in shares of Ardmore Shipping by 1,689.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 8,444 shares of the shipping company’s stock worth $81,000 after buying an additional 7,972 shares in the last quarter. Finally, Tower Research Capital LLC TRC raised its holdings in shares of Ardmore Shipping by 536.3% during the 2nd quarter. Tower Research Capital LLC TRC now owns 8,737 shares of the shipping company’s stock worth $84,000 after buying an additional 7,364 shares in the last quarter. Institutional investors and hedge funds own 62.22% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. Evercore set a $19.00 price objective on Ardmore Shipping in a report on Tuesday, April 21st. Wall Street Zen raised Ardmore Shipping from a “buy” rating to a “strong-buy” rating in a report on Saturday. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $17.00.

Ardmore Shipping Company Profile

Ardmore Shipping Corporation is a Bermuda-based provider of seaborne transportation services for refined petroleum products. The company owns and operates a modern fleet of product tankers, including medium-range (MR), long-range 2 (LR2) and Aframax vessels. Ardmore Shipping focuses on the ocean carriage of clean and dirty petroleum products under time charters, bareboat charters and spot voyages, serving a diverse customer base that includes major oil companies and trading houses.

Since its founding in 2005, Ardmore Shipping has grown its fleet through newbuilding contracts, second-hand acquisitions and fleet renewals, aiming to maintain a high quality, fuel-efficient profile.