EuroDry Ltd. $EDRY reported second-quarter 2026 revenue of $17.7 million, up 56.96% from a year earlier and broadly in line with expectations. Gross profit rose sharply to $13.6 million, reflecting a much stronger margin profile than last year.
The company posted net income attributable to common shareholders of $6.6 million, while diluted earnings per share came in at $2.32. Cash from operating activities improved to $10.2 million, and cash and cash equivalents increased to $25.6 million, giving the balance sheet a stronger liquidity position.
Key highlights included:
Operating profit was $8.8 million, while total liabilities stood at $103.0 million. The company also reported lower cost of sales, which helped support the stronger gross profit result.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
EuroDry Ltd. Insider Trading Activity
EuroDry Ltd. insiders have traded $EDRY stock on the open market 7 times in the past 6 months. Of those trades, 4 have been purchases and 3 have been sales.
Here’s a breakdown of recent trading of $EDRY stock by insiders over the last 6 months:
- ARISTEIDIS P PITTAS has made 4 purchases buying 1,204 shares for an estimated $25,150 and 3 sales selling 1,246 shares for an estimated $25,782.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
EuroDry Ltd. Hedge Fund Activity
We have seen 3 institutional investors add shares of EuroDry Ltd. stock to their portfolio, and 2 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- RENAISSANCE TECHNOLOGIES LLC added 21,047 shares (+53.6%) to their portfolio in Q1 2026, for an estimated $414,625
- MARSHALL WACE, LLP added 10,806 shares (+inf%) to their portfolio in Q1 2026, for an estimated $212,878
- MORGAN STANLEY added 587 shares (+10.6%) to their portfolio in Q1 2026, for an estimated $11,563
- SBI SECURITIES CO., LTD. removed 500 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $9,850
- SOUND INCOME STRATEGIES, LLC removed 42 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $919
- ARCHER INVESTMENT CORP added 0 shares (+0.0%) to their portfolio in Q2 2026, for an estimated $0
- BLACKROCK, INC. added 0 shares (+0.0%) to their portfolio in Q1 2026, for an estimated $0
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
