Key Points
- CEO Grigorios Zikos sold 24,203 Costamare Bulkers shares at an average price of $18.30, for total proceeds of approximately $442,915.
- Costamare Bulkers shares opened at $17.82 after a reported 4% decline; the stock’s 52-week range is $8.90 to $20.92, with a market capitalization of about $430.9 million.
- Weiss Ratings initiated coverage with a “sell” rating, and the stock currently has a consensus “Sell” rating from analysts.
Costamare Bulkers Holdings Ltd (NYSE:CMDB - Get Free Report) CEO Grigorios Zikos sold 24,203 shares of the firm's stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $18.30, for a total transaction of $442,914.90. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
Costamare Bulkers Stock Down 4.0%
Shares of NYSE:CMDB opened at $17.82 on Friday. Costamare Bulkers Holdings Ltd has a fifty-two week low of $8.90 and a fifty-two week high of $20.92. The company has a current ratio of 3.33, a quick ratio of 3.14 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $430.89 million, a PE ratio of 17.51 and a beta of 0.73.
Analysts Set New Price Targets
Separately, Weiss Ratings initiated coverage on Costamare Bulkers in a research report on Wednesday. They set a "sell (d)" rating on the stock. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of "Sell".
Check Out Our Latest Research Report on Costamare Bulkers
About Costamare Bulkers
(
Get Free Report)
Costamare Bulkers Inc (NYSE: CMDB) is a dry bulk shipping company focused on owning and operating vessels that transport commodities around the world. Its fleet serves the seaborne trade in products such as iron ore, coal, grain and other bulk materials.
The company operates a diversified fleet of dry bulk vessels, including Capesize, Kamsarmax, Panamax, Ultramax and Supramax ships. These vessels are employed through a combination of time charters, voyage charters and other commercial arrangements, allowing Costamare Bulkers to serve customers across major international shipping routes.
Costamare Bulkers was established through the separation of Costamare Inc's dry bulk business and became a publicly traded company in 2024.
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