Raffaele Zagari, Director at Star Bulk Carriers Corp. (SBLK), bought 60,000 shares at $28.27 ($1.7M) on 2026-09-15, disclosed to the SEC on 2026-09-17.
Director Raffaele Zagari purchased 10,000 shares at $28.27, marking the largest insider purchase in the company's history, signaling strong conviction in the stock's value. This significant buy comes as the stock has rallied nearly 20% over the last 90 days and is currently trading at a forward P/E of 8.93.
SBLK is up 19.65% over the last 90 days and currently trades 6.06% below its 52-week high of $32.86, while the stock is up 2.46% over the past 30 days.
1) Upcoming Q3 earnings on October 30, 2026; 2) The company launched a follow-on equity offering on September 17, 2026, which may impact capital structure; 3) The stock was recently ranked as a Zacks Rank #1 (Strong Buy) income stock on September 16, 2026.
1) The stock is currently trading at a 6.06% discount to its 52-week high, indicating room for downside if the market corrects; 2) The company recently sold 10,825 shares by its Chief Strategy Officer on September 1, 2026, which could signal internal caution.
Nothing distinguishes this filing.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $28.27 | 10,000 | $283K | 16.7% |
| 2 | $28.27 | 50,000 | $1.4M | 83.3% |
| Total | $28.27 avg | 60,000 | $1.7M | 100% |
| Filing → |
| SBLK | SELL | 2026-04-01 | $262K | — | Filing → |