Star Bulk Carriers Director Pappas Buys 74,400 Shares for $2.1 Million. Is This a Sign the Shipping Bull Market Will Continue?

Star Bulk Carriers Director Pappas Buys 74,400 Shares for $2.1 Million. Is This a Sign the Shipping Bull Market Will Continue?

Pappas acquired shares indirectly through three corporations at $28.27 per share, boosting her total stake to 3.2 million shares worth nearly $99 million.

Star Bulk Carriers (NASDAQ:SBLK) Insider Purchases 74,400 Shares

Star Bulk Carriers Corp. (NASDAQ:SBLK - Get Free Report) insider Alexandros Pappas bought 74,400 shares of Star Bulk Carriers stock in a transaction on Tuesday, September 15th. The stock was acquired at an average cost of $28.27 per share, with a total value of $2,103,288.00. Following the acquisition, the insider owned 2,532,150 shares of the company's stock, valued at $71,583,880.50. This trade represents a 3.03% increase in their position. Th…

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