# StealthGas Inc. (GASS)

> Source: Nexqual · https://nexqual.com/GASS · data as of 2026-10-30 20:00 UTC · cite as "Nexqual, StealthGas Inc. (GASS), nexqual.com/GASS" · informational, not investment advice.

## GASS major shareholder filing: Schedule 13D/A, Jul 10, 2026
TowerView LLC, Daniel R. Tisch filed a Schedule 13D/A on Jul 10, 2026, reporting up to 7.30% of the class (more than 5% owner that may seek to influence the company). Item 4, Purpose of Transaction, quoted:

> TowerView holds its shares of the Company's Common Stock as an investment. TowerView believes that the Company's stock price has not properly reflected the value of its assets. TowerView has sent a letter to the Board of Directors of the Company requesting that they consider a liquidation of the Company's assets and the return of capital to the shareholders (the "Letter"). The foregoing description of the Letter does not purport to be complete and is qualified in its entirety by reference to the full text of the Letter, which is incorporated by reference as Exhibit 1, and is incorporated herein by reference. Depending on, among other things, trading prices for the Common Shares, the financial condition, results of operations and prospects of the Company, general economic, market and industry conditions, and TowerView's overall investment objectives, strategic position and financial condition, TowerView may, from time to time, acquire additional Common Shares in private or public transactions, maintain its present ownership position, or sell Common Shares. …

Source: https://www.sec.gov/Archives/edgar/data/1328919/000114036126028176/0001140361-26-028176-index.htm

**Price:** USD 8.26 (-0.24% on the day) · last close of Oct 30, 2026; US market closed, not a live price. Prev close 8.28 · day 8.16–8.33 · 52w 6.66–10.55 · market cap $311M · NMS

## Key facts
- Insider open-market sales, last ~7 months: 1 Form 4 filings, $347K; 1 not under a Rule 10b5-1 plan ($347K); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Strong Buy (mean 1.00 on a 1–5 scale) (1 analysts), mean target USD 14 (range 14–14).
- Total return with dividends: 1Y +20.6% vs S&P 500 +12.0%; 5Y +226.5% vs S&P 500 +72.5%.
- Next earnings: 2026-11-25 (date not yet confirmed by the company), EPS estimate USD 0.39, revenue estimate $42.4M. All companies reporting that day: https://nexqual.com/earnings/2026-11-25
- Dividend: GASS paid no cash dividend in the last five years.
- Short interest: 0.31% of float (as of 2026-10-15), 0.6 days to cover.

## Insider sales (SEC Form 4, open-market, last ~7 months)
0 of 1 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-09-14…2026-09-15 | Jolliffe Michael | Director | 37,500 | $347K | 40.8% | No | Too little history (no open-market trades in 2023–2025) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

## Analysts
Consensus Strong Buy (mean 1.00 on a 1–5 scale), 1 analysts; mean target USD 14 (low 14, high 14).

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-31) | 5Y (from 2021-11-01) |
|---|---|---|
| Total return | +20.6% | +226.5% |
| S&P 500 (SPY) | +12.0% | +72.5% |
| Per year | +20.7% | +26.7% |
| Volatility (annualized) | 32.6% | 45.3% |
| Max drawdown | -24.0% (May 2026→Jun 2026) | -42.5% (May 2024→Dec 2024) |

## Dividends
GASS paid no cash dividend in the last five years.

## Short interest
63,648 shares sold short, 0.31% of the float, as of Oct 15, 2026 (exchange short-interest report, published about twice a month). Prior report (Sep 15, 2026): 42,095 shares (+51.2%). Days to cover: 0.6 (short shares ÷ average daily volume).

## Peers (Marine Shipping)
CCEC (Capital Clean Energy Carriers C) USD 21.7 +9.98% · CMRE (Costamare Inc.) USD 14.16 -1.80% · SFL (SFL Corporation Ltd) USD 12.95 -1.67% · HOS (Hornbeck Offshore Services, Inc) USD 7.08 -1.39% · NMM (Navios Maritime Partners LP) USD 90.02 -1.11% · SBLK (Star Bulk Carriers Corp.) USD 28.36 -1.83%

## More
Full page: https://nexqual.com/GASS · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Supply chain and relationships (SEC annual reports)

Named in GASS's own 20-F filed 2026-04-28 (https://www.sec.gov/Archives/edgar/data/1328919/000119312526183385/d66975d20f.htm):

| Relationship | Company | Sentence in the filing |
|---|---|---|
| Supplier | Brave Maritime | "Stealth Maritime may subcontract the technical management of some of our LPG carriers to Brave Maritime the fees for which technical management services are paid by Stealth Maritime out of the fees we pay to it as descri…" |
| Partner | Oracle (ORCL) | "Furthermore, the Company has entered into a supervision agreement with an affiliated ship-management company, Brave Maritime Corp. Inc. ("Brave") for the supervision of the construction of vessels Eco Oracle and Eco Wiza…" |

Other companies that name GASS in their own reports (relationship from GASS's side):

| Relationship | Company | Their filing | Sentence |
|---|---|---|---|
| customer | Imperial Petroleum Inc./Marshall Islands (IMPP) | 20-F 2026-04-29 | "We procure hull and machinery insurance, protection and indemnity insurance, which include environmental damage and pollution insurance coverage, war risk and other insurance coverage for our fleet wi…" |
| customer | C3is Inc. (CISS) | 20-F 2026-04-22 | "We procure hull and machinery insurance, protection and indemnity insurance, which include environmental damage and pollution insurance coverage, war risk and other insurance coverage for our fleet wi…" |

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $0.39 | $0.39 | +0.0% | $42.4M | 1 |
| Next quarter (ends 2026-12-31) | $0.40 | $0.41 | -2.4% | $40.1M | 1 |
| Current fiscal year (ends 2026-12-31) | $1.69 | $1.66 | +1.8% | $168.2M | 1 |
| Next fiscal year (ends 2027-12-31) | $1.43 | $1.49 | -4.0% | $159.4M | 1 |

## Options: expected move (Cboe, 15-min delayed)

Expected move by 2026-12-18 (includes earnings 2026-11-25): ±14.8%.

| Expiration | Days | ATM IV | Expected move |
|---|---|---|---|
| 2026-12-18 | 47 | 45.3% | ±14.8% |
| 2027-03-19 | 138 | 49.7% | ±19.1% |

## Earnings history and stock reaction
| Results filed | Quarter | EPS | Consensus | Surprise | Stock reaction |
|---|---|---|---|---|---|
| — | Quarter ended Jun 30, 2026 | $0.46 | $0.53 | Miss −13.2% | — |
| — | Quarter ended Mar 31, 2026 | $0.43 | $0.38 | Beat +13.2% | — |
| — | Quarter ended Dec 31, 2025 | $0.34 | $0.32 | Beat +6.3% | — |
| — | Quarter ended Sep 30, 2025 | $0.36 | $0.31 | Beat +16.1% | — |
EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).

## Recent SEC filings (last 120 days)
| Filed | Form | What it says | Filing |
|---|---|---|---|
| 2026-09-03 | 6-K | Current report (foreign issuer) · period ended Sep 3, 2026 | https://www.sec.gov/Archives/edgar/data/1328919/000119312526381114/0001193125-26-381114-index.htm |
| 2026-08-28 | 6-K | Current report (foreign issuer) · period ended Aug 28, 2026 | https://www.sec.gov/Archives/edgar/data/1328919/000119312526372413/0001193125-26-372413-index.htm |
| 2026-07-10 | Schedule 13D/A | TowerView LLC, Daniel R. Tisch: 7.3% of shares, 5%+ holder that may seek to influence the company (amended) — “TowerView holds its shares of the Company's Common Stock as an investment. TowerView believes that the Company's stock price has not properly reflected the value of its assets. TowerView has sent a letter to the Board of Directors of the Company requesting that they consider a…” | https://www.sec.gov/Archives/edgar/data/1328919/000114036126028176/0001140361-26-028176-index.htm |
Source: SEC EDGAR. Quotes are the opening words of each item as filed.