GNK - NYSE
Genco Shipping & Trading Limited
$23.99
-0.70%Genco Shipping & Trading Limited, together with its subsidiaries, engages in the ocean transportation of dry bulk cargoes worldwide. The company owns and operates dry bulk carrier vessels to transports iron ore, coal, grains, steel products, and other dry-bulk cargoes. It charters its vessels primarily to trading houses, including commodities traders; producers; and government-owned entities. As of December 31, 2021, the company fleet consisted of 44 dry bulk carriers, including 17 Capesize, 15 Ultramax, and 12 Supramax with an aggregate capacity of approximately 4,636,000 deadweight tons. Genco Shipping & Trading Limited was incorporated in 2004 and is headquartered in New York, New York.
At a Glance
Live SnapshotGenco Shipping & Trading Limited Management Team
Mr. Joseph Adamo CPA
Chief Accounting Officer, Controller & Treasurer
Compensation
$567,050
Mr. Jesper Christensen
Chief Commercial Officer
Compensation
$946,050
Mr. John C. Wobensmith C.F.A.
Chief Executive Officer, President, Secretary & Director
Compensation
$2,076,050
Mr. Peter Allen C.F.A.
Chief Financial Officer
Compensation
$854,050
Genco Shipping & Trading Limited Insider Positioning
During the last 12 months, insiders have purchased $134K and sold $4.82M worth of GNK shares, resulting in $4.69M of net selling activity.
3 Months
0
0.00
70.0K
1.73M
-1.7M
-$1.73M
3-6 Months
0
0.00
101.3K
2.38M
-2.4M
-$2.38M
6-9 Months
13.5K
133.51K
39.0K
712.76K
-579K
-$579K
9-12 Months
0
0.00
0
0.00
+0
+$0
Top Buyers
Christensen Jesper
Officer: Chief Commercial Officer
$134K
Top Sellers
Wobensmith John C
Director, Officer: Chairman, Ceo, And President
$2.07M
Diana Shipping Inc.
10 Percent Owner
$1.73M
Christensen Jesper
Officer: Chief Commercial Officer
$629K
Adamo Joseph
Officer: Chief Accounting Officer
$225K
Allen Peter George
Officer: Chief Financial Officer
$167K
Insider Activity Analysis
Net Insider Sentiment
Strong bearish signal with $4.69M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.
Buy/Sell Ratio
Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.
Recent Trend (3 Months)
Heavy recent selling activity. Recent insider sales notably exceed purchases—may warrant investigation into company developments.
Insider Participation
5 insider sellers vs. 1 buyers. Widespread selling across multiple insiders may signal concerns.
Insider Activity Insight
Multiple red flags: Heavy selling, numerous sellers, and continued recent selling create a concerning pattern. Investigate fundamental drivers and consider whether company guidance or industry conditions have deteriorated.
SEC Filings
GNK - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
DEF 14A DEF 14A 2025 N/A | April 09, 2025 | May 20, 2025 | 2025 | |
DEF 14A DEF 14A N/A | April 06, 2023 | April 06, 2023 | ||
DEF 14A DEF 14A 2022 N/A | April 15, 2022 | May 16, 2022 | 2022 | |
DEF 14A DEF 14A 2021 N/A | April 02, 2021 | May 13, 2021 | 2021 | |
DEF 14A DEF 14A 2020 N/A | April 13, 2020 | May 13, 2020 | 2020 | |
DEF 14A DEF 14A 2019 N/A | April 05, 2019 | May 15, 2019 | 2019 | |
DEF 14A DEF 14A 2018 N/A | April 23, 2018 | May 15, 2018 | 2018 | |
DEF 14A DEF 14A 2017 N/A | April 24, 2017 | May 17, 2017 | 2017 | |
DEF 14A DEF 14A 2017 N/A | December 05, 2016 | January 04, 2017 | 2017 | |
DEF 14A DEF 14A 2016 N/A | April 27, 2016 | May 18, 2016 | 2016 |
Research Paths
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.