866,033 Shares in Star Bulk Carriers Corp. $SBLK Purchased by Cooper Creek Partners Management LLC

Cooper Creek Partners Management LLC bought a new stake in shares of Star Bulk Carriers Corp. (NASDAQ:SBLK) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 866,033 shares of the shipping company’s stock, valued at approximately $19,893,000.

Other large investors also recently added to or reduced their stakes in the company. USA Financial Formulas purchased a new stake in Star Bulk Carriers during the 4th quarter valued at approximately $26,000. Triumph Capital Management purchased a new position in shares of Star Bulk Carriers in the third quarter worth $26,000. Rhumbline Advisers lifted its holdings in shares of Star Bulk Carriers by 141.7% in the third quarter. Rhumbline Advisers now owns 1,743 shares of the shipping company’s stock worth $32,000 after buying an additional 1,022 shares in the last quarter. Sunbelt Securities Inc. bought a new position in shares of Star Bulk Carriers during the third quarter worth $33,000. Finally, Morse Asset Management Inc purchased a new position in Star Bulk Carriers during the third quarter valued at $37,000. 33.91% of the stock is owned by hedge funds and other institutional investors.

More Star Bulk Carriers News

Here are the key news stories impacting Star Bulk Carriers this week:

• Positive Sentiment: Star Bulk announced it will report second-quarter 2026 results on August 5 and hold a conference call on August 6, giving investors a clear near-term catalyst to watch. Star Bulk Announces Date for the Release of Second Quarter Ended June 30, 2026, Results, Conference Call, and Webcast
• Positive Sentiment: The stock has also been getting increased investor attention in recent Zacks coverage, which can help trading volume and momentum. Investors Heavily Search Star Bulk Carriers Corp. (SBLK): Here is What You Need to Know
• Positive Sentiment: Short interest appears to have fallen sharply in mid-July, with shares sold short down 34% to about 1.08 million, which may reduce bearish pressure on the stock. Star Bulk Carriers (SBLK) Ascends While Market Falls: Some Facts to Note
• Neutral Sentiment: Recent articles comparing Star Bulk to other transportation names suggest investors are still evaluating how it stacks up against the broader sector this year. Are Transportation Stocks Lagging Star Bulk Carriers (SBLK) This Year?
• Negative Sentiment: Despite the positive setup, Star Bulk has also been part of broader discussions about transportation stocks lagging this year, which may reflect ongoing sector headwinds. Star Bulk Carriers (SBLK) Ascends While Market Falls: Some Facts to Note

Star Bulk Carriers Trading Up 3.6%

SBLK stock opened at $28.14 on Friday. The firm has a fifty day moving average price of $26.43 and a 200 day moving average price of $24.57. Star Bulk Carriers Corp. has a fifty-two week low of $16.72 and a fifty-two week high of $28.50. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.55 and a current ratio of 1.73. The firm has a market cap of $3.19 billion, a PE ratio of 22.51 and a beta of 0.72.

Star Bulk Carriers Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 22nd. Shareholders of record on Friday, June 12th were given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 7.1%. This is an increase from Star Bulk Carriers’s previous quarterly dividend of $0.37. The ex-dividend date was Friday, June 12th. Star Bulk Carriers’s dividend payout ratio (DPR) is 160.00%.

Insider Buying and Selling at Star Bulk Carriers

In other news, Director Nikolaos Karellis sold 20,000 shares of the business’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $26.96, for a total value of $539,200.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, COO Nikolaos Reskos sold 33,103 shares of the company’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $26.28, for a total transaction of $869,946.84. Following the sale, the chief operating officer owned 407,775 shares in the company, valued at $10,716,327. This represents a 7.51% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 98,103 shares of company stock valued at $2,635,792 in the last quarter. 0.90% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of analysts have issued reports on the stock. Jefferies Financial Group lifted their price target on shares of Star Bulk Carriers from $29.00 to $31.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Zacks Research downgraded shares of Star Bulk Carriers from a “strong-buy” rating to a “hold” rating in a report on Monday, June 22nd. Wall Street Zen upgraded Star Bulk Carriers from a “buy” rating to a “strong-buy” rating in a research report on Saturday, April 18th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Star Bulk Carriers in a report on Wednesday, June 24th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $32.00 target price on shares of Star Bulk Carriers in a research report on Friday, May 22nd. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, Star Bulk Carriers currently has a consensus rating of “Moderate Buy” and an average price target of $31.50.

Star Bulk Carriers Profile

Star Bulk Carriers Corp is a global shipping company engaged in the ocean transport of dry bulk commodities. The company owns and operates a diversified fleet of bulk carriers, including Handymax, Supramax, Panamax and Capesize vessels. Its ships are designed to carry a broad range of cargoes, such as iron ore, coal, grain, bauxite and phosphate, catering to industrial and agricultural customers worldwide.

The company’s vessels operate on major trade routes across the Atlantic, Pacific and Indian Oceans, connecting producers and consumers in Asia, Europe, North and South America.