Global Ship Lease (NYSE:GSL) Insider Sells $346,755.36 in Stock

October 16, 2026 by InsiderTrades.com

Key Points

Insider sale: Georgios Giannopoulos sold 7,692 Global Ship Lease shares for approximately $346,755 at an average price of $45.08.
Financial performance: Global Ship Lease exceeded quarterly earnings and revenue expectations, reporting $2.48 in EPS and $198.69 million in revenue. The company’s stock was trading near its 52-week high, with a market capitalization of approximately $1.51 billion.
Dividend and outlook: The company pays a quarterly dividend of $0.625, equivalent to a 6.0% annualized yield. Analysts maintain a consensus “Buy” rating with an average price target of $51.00.

Global Ship Lease, Inc. (NYSE:GSL - Get Free Report) insider Georgios Giannopoulos sold 7,692 shares of the stock in a transaction on Tuesday, October 13th. The shares were sold at an average price of $45.08, for a total value of $346,755.36. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Global Ship Lease Stock Performance

GSL stock opened at $41.98 on Friday. The company has a market cap of $1.51 billion, a P/E ratio of 4.32 and a beta of 0.98. Global Ship Lease, Inc. has a 1 year low of $27.81 and a 1 year high of $46.57. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.13 and a quick ratio of 2.06. The stock's fifty day moving average price is $44.42 and its 200-day moving average price is $41.32.

Global Ship Lease (NYSE:GSL - Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The shipping company reported $2.48 EPS for the quarter, beating analysts' consensus estimates of $2.42 by $0.06. The company had revenue of $198.69 million during the quarter, compared to analysts' expectations of $186.85 million. Global Ship Lease had a return on equity of 19.92% and a net margin of 49.10%. Global Ship Lease's revenue for the quarter was up 3.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.67 earnings per share. On average, equities analysts forecast that Global Ship Lease, Inc. will post 9.62 earnings per share for the current year.

Global Ship Lease Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, September 3rd. Shareholders of record on Friday, August 21st were given a $0.6250 dividend. This represents a $2.50 annualized dividend and a yield of 6.0%. The ex-dividend date of this dividend was Friday, August 21st. Global Ship Lease's dividend payout ratio (DPR) is presently 24.04%.

Institutional Investors Weigh In On Global Ship Lease

A number of hedge funds have recently modified their holdings of the business. Donald Smith & CO. Inc. purchased a new stake in shares of Global Ship Lease in the 2nd quarter worth $27,859,000. First Trust Advisors LP purchased a new position in Global Ship Lease during the first quarter valued at $12,681,000. Lazard Asset Management LLC lifted its position in Global Ship Lease by 65.5% during the first quarter. Lazard Asset Management LLC now owns 294,674 shares of the shipping company's stock valued at $10,971,000 after purchasing an additional 116,606 shares in the last quarter. Arrowstreet Capital Limited Partnership bought a new stake in Global Ship Lease during the first quarter valued at about $10,790,000. Finally, Sei Investments Co. grew its holdings in Global Ship Lease by 51.8% during the first quarter. Sei Investments Co. now owns 200,806 shares of the shipping company's stock valued at $7,476,000 after purchasing an additional 68,535 shares during the period. Institutional investors own 50.08% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. B. Riley Financial upped their price target on shares of Global Ship Lease from $48.00 to $52.00 and gave the company a "buy" rating in a research report on Thursday, August 6th. Zacks Research upgraded shares of Global Ship Lease from a "strong sell" rating to a "hold" rating in a research note on Monday, July 27th. Jefferies Financial Group raised their price objective on shares of Global Ship Lease from $45.00 to $50.00 and gave the stock a "buy" rating in a report on Thursday, August 6th. Wall Street Zen downgraded shares of Global Ship Lease from a "buy" rating to a "hold" rating in a report on Saturday, August 8th. Finally, Weiss Ratings restated a "buy (b)" rating on shares of Global Ship Lease in a research report on Friday, July 17th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and an average price target of $51.00.

View Our Latest Stock Analysis on GSL

Global Ship Lease Company Profile

(Get Free Report)

Global Ship Lease, Inc (NYSE:GSL) is a containership owner and charterer that provides maritime transportation capacity to liner companies. The company owns and manages a fleet of container vessels designed to transport manufactured goods, consumer products, industrial materials and other containerized cargo across international trade routes.

Global Ship Lease generally employs time-charter arrangements, under which its vessels are leased to container shipping companies for specified periods.