EuroDry (NASDAQ:EDRY) Insider Symeon Pariaros Sells 1,900 Shares

EuroDry (NASDAQ:EDRY) insider Symeon Pariaros sold 1,900 shares of the stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $39.98, for a total value of $75,962.00. Following the transaction, the insider owned 7,276 shares of the company’s stock, valued at approximately $290,894.48. The trade was a 20.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.

EuroDry Stock Up 1.3%

Shares of EuroDry stock opened at $38.64 on Friday. The firm has a market cap of $111.67 million, a PE ratio of 11.67 and a beta of 0.68. The business’s 50 day simple moving average is $24.81 and its 200 day simple moving average is $21.30. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.23 and a current ratio of 1.28. EuroDry has a 52-week low of $10.18 and a 52-week high of $40.00.

EuroDry (NASDAQ:EDRY) last released its quarterly earnings results on Thursday, August 6th. The company reported $2.44 earnings per share for the quarter, topping analysts’ consensus estimates of $1.23 by $1.21. The firm had revenue of $17.70 million during the quarter, compared to the consensus estimate of $17.86 million. EuroDry had a return on equity of 8.77% and a net margin of 15.02%. On average, analysts predict that EuroDry will post 5.77 earnings per share for the current fiscal year.

Hedge Funds Weigh In On EuroDry

An institutional investor recently raised its position in EuroDry stock. Renaissance Technologies LLC grew its stake in EuroDry (NASDAQ:EDRY) by 53.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 60,347 shares of the company’s stock after purchasing an additional 21,047 shares during the quarter. Renaissance Technologies LLC owned approximately 2.09% of EuroDry worth $1,189,000 as of its most recent SEC filing. Institutional investors and hedge funds own 2.44% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the stock. Weiss Ratings cut shares of EuroDry from a “sell (d+)” rating to a “sell (d-)” rating in a report on Tuesday, May 26th. Zacks Research upgraded shares of EuroDry from a “hold” rating to a “strong-buy” rating in a research note on Friday, July 10th. Alliance Global Partners reissued a “buy” rating on shares of EuroDry in a research report on Friday, August 7th. Finally, Wall Street Zen upgraded shares of EuroDry from a “buy” rating to a “strong-buy” rating in a research note on Sunday, May 3rd. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $23.50.

EuroDry News Roundup

Here are the key news stories impacting EuroDry this week:

• Positive Sentiment: Raised earnings outlook: Noble Financial reportedly increased its Q3 2026 EPS forecast to $1.70 from $1.29 and its full-year forecast to $5.77 from $4.27. Higher estimates reinforce the bullish earnings narrative for EuroDry. Noble Financial EuroDry earnings forecast
• Positive Sentiment: Significant quarterly earnings beat: EuroDry reported quarterly EPS of $2.44, exceeding the $1.23 analyst consensus by $1.21. Net margin was 15.02%, while revenue of $17.70 million was broadly close to the $17.86 million estimate. The results help explain the stock’s recent strength.
• Positive Sentiment: Generally favorable analyst stance: Alliance Global Partners reiterated a Buy rating, while Zacks Research and Wall Street Zen have issued Strong Buy upgrades. BlackRock also initiated a small position of 2,135 shares, providing modest institutional validation.
• Neutral Sentiment: Mixed valuation signals: MarketBeat reports a Moderate Buy consensus, but the average price target of $23.50 is substantially below the stock’s recent trading level near $38–$40. This may indicate that the recent rally has outpaced existing analyst targets.
• Negative Sentiment: Cluster of insider selling: Corporate Secretary Stefania Karmiri sold 400 shares for $15,400, Director Aristeidis P. Pittas sold 500 shares for $18,900, and insider Symeon Pariaros sold 1,900 shares for $75,962. Karmiri reduced her holdings by 32%, while Pariaros cut his position by 20.71%. Although the sales are relatively small, the concentration of selling near the stock’s highs may create investor caution. EuroDry insider sales report

About EuroDry

EuroDry Limited is a Marshall Islands–incorporated shipping company, formed in 2005 and headquartered in Piraeus, Greece. The company is publicly traded on the NASDAQ under the symbol EDRY. Since its inception, EuroDry has focused exclusively on the marine transportation of drybulk commodities and has grown its fleet through a combination of newbuilding contracts and second-hand acquisitions.

As of mid-2024, EuroDry’s operating fleet comprises Capesize, Panamax and Supramax drybulk carriers, collectively providing over one million deadweight tons (dwt) of capacity.