Star Bulk Carriers (SBLK) Director Buys 74,400 Shares for $2.1 Million

Published on · Source: finance.yahoo.com

Star Bulk Carriers (SBLK) Director Buys 74,400 Shares for $2.1 Million

AI Summary

Summarized by AI from the source below

Milena Maria Pappas, a Director at Star Bulk Carriers (NASDAQ:SBLK), purchased 74,400 shares for a total of $2.1 million on September 15, 2026. The shares had a weighted average purchase price of $28.27 and closed at $31.21 the same day. This purchase increases her total indirect holdings to approximately 3.2 million shares, reflecting a 3% insider ownership level for the firm. Star Bulk Carriers reported trailing-twelve-month revenue of $1.2 billion and net income of $287.2 million. This significant acquisition may indicate confidence in the company's performance and market outlook.

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