No insider purchase over the last 90 days. The latest was filed 05 Apr 2024.
This page follows insider dealings at Eagle Bulk Shipping Inc. as filed with SEC (Form 4), a company from the Industrials sector. Nothing new has been filed by managers of Eagle Bulk Shipping Inc. in twelve months, the latest record being from 11 April 2024.
Source: insider filings from SEC (Form 4). Past trades are no guide to future returns.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
FY ended December 2022 · cache
25 of 62 declarations
Eagle Bulk Shipping Inc. was a U.S.-based dry bulk shipping company listed on the NYSE under the ticker EGLE. The company was headquartered in Stamford, Connecticut, in the United States, with additional offices in Singapore and Copenhagen. Its core business focused on the midsize dry bulk segment, specifically Supramax and Ultramax vessels, which are valued for their flexibility across a wide range of cargoes and trade routes. SEC filings describe Eagle as a fully integrated shipowner-operator that managed commercial, technical, strategic, and administrative functions in-house to improve vessel utilization and revenue generation.([sec.gov](https://www.sec.gov/Archives/edgar/data/1322439/000162828024008576/egle-20231231.htm?utm_source=openai))
Eagle’s business model centered on the global ocean transportation of dry bulk commodities. Its fleet carried major bulk cargoes such as iron ore, coal, and grain, as well as minor bulks including fertilizer, steel products, petcoke, cement, and forest products. This cargo mix gave the company exposure to several end markets rather than a single commodity chain, which is an important feature in the cyclical shipping industry. The company reported its shipping operations in one business segment, underscoring its focused industrial profile and specialized asset base.([sec.gov](https://www.sec.gov/Archives/edgar/data/1322439/000162828024008576/egle-20231231.htm?utm_source=openai))
Historically, Eagle Bulk grew into one of the better-known U.S.-listed owner-operators in the midsize dry bulk market. It emphasized active fleet management, in-house commercial execution, and operational efficiency as key competitive advantages. In January 2023, the company transferred its listing from Nasdaq to the NYSE, while continuing to trade under the EGLE symbol, which increased its visibility in the U.S. equity market.([sec.gov](https://www.sec.gov/Archives/edgar/data/1322439/000162828024008576/egle-20231231.htm?utm_source=openai))
A major recent development was Eagle’s merger with Star Bulk Carriers. Shareholders approved the transaction in early April 2024, and the deal closed on April 9, 2024. Market disclosures stated that the combination created a larger dry bulk platform and that Eagle ceased to trade as a standalone listed company after completion of the merger. For investors reviewing Eagle historical filings or insider transactions, this is crucial context: the company’s last phase as an independent NYSE-listed issuer ended with that merger, even though its legacy filings and corporate history remain relevant for analysis.([nasdaq.com](https://www.nasdaq.com/press-release/eagle-shareholders-approve-merger-with-star-bulk-2024-04-05?utm_source=openai))
| Fiscal year end | Revenue | Net income | Diluted EPS | Dividend per share | Filing |
|---|---|---|---|---|---|
| Dec 2023 | 393.8 m USD | 22.7 m USD | 1.96 USD | 1.38 USD | 10-K |
| Dec 2022 | 719.8 m USD | 248.0 m USD | 15.57 USD | 8.05 USD | 10-K |
| Dec 2021 | 594.5 m USD | 184.9 m USD | 11.79 USD | 2.00 USD | 10-K |
| Dec 2020 | 275.1 m USD | -35.1 m USD | -3.40 USD | n.d. | 10-K |
| Dec 2019 | 292.4 m USD | -21.7 m USD | -2.13 USD | n.d. | 10-K |
Amounts in USD, as filed (forms 10-K, 20-F or 40-F). Source: SEC EDGAR.