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Okeanis Eco Tankers Discloses Minor Insider Share Sale on Oslo Exchange

Story Highlights
  • Okeanis Eco Tankers reported a sale of 4,129 shares by insider-linked Hospitality Assets Corp. on the Oslo market.
  • After the transaction, Themistoklis Alafouzos still indirectly holds about 18.74% of Okeanis Eco Tankers’ shares and votes.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Okeanis Eco Tankers Discloses Minor Insider Share Sale on Oslo Exchange

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Okeanis Eco Tankers Corp. ( (ECO) ) has provided an update.

Okeanis Eco Tankers Corp. disclosed that Hospitality Assets Corp., a company beneficially owned by primary insider Themistoklis Alafouzos, sold 4,129 shares in the company on the Oslo Stock Exchange at NOK 383.92 per share. Following the transaction, Alafouzos, the brother of the company’s chairman, continues to hold 6,641,934 shares indirectly through Hospitality Assets Corp., representing about 18.74% of the company’s outstanding shares and voting rights, highlighting a minor adjustment rather than a significant change in insider ownership levels.

The most recent analyst rating on (ECO) stock is a Buy with a $44.00 price target. To see the full list of analyst forecasts on Okeanis Eco Tankers Corp. stock, see the ECO Stock Forecast page.

More about Okeanis Eco Tankers Corp.

Okeanis Eco Tankers Corp. is a leading international tanker company providing seaborne transportation of crude oil and refined petroleum products. Incorporated in 2018 in the Marshall Islands, the company operates a fleet of seven modern scrubber-fitted Suezmax and eight scrubber-fitted VLCC tankers, and is dual-listed on the Oslo Stock Exchange and the New York Stock Exchange.

Average Trading Volume: 270,309

Technical Sentiment Signal: Buy

Current Market Cap: $1.29B

Learn more about ECO stock on TipRanks’ Stock Analysis page.

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