# Himalaya Shipping Ltd. (HSHP)

> Source: Nexqual · https://nexqual.com/HSHP · data as of 2026-10-29 17:08 UTC · cite as "Nexqual, Himalaya Shipping Ltd. (HSHP), nexqual.com/HSHP" · informational, not investment advice.

**Price:** USD 16.67 (-1.24% today) · US market open, as of October 29, 2026 at 17:08 UTC; quotes may be delayed. Prev close 16.88 · day 16.56–16.89 · 52w 7.37–19.55 · market cap $786M · NYQ

## Key facts
- Insider open-market sales, last ~7 months: 1 Form 4 filings, $1.6M; 1 not under a Rule 10b5-1 plan ($1.6M); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Insider open-market purchases, last ~7 months: 1 Form 4 filing, $57K; 0 by opportunistic insiders, 0 by routine insiders.
- Analysts: Strong Buy (mean 1.00 on a 1–5 scale) (1 analysts), mean target USD 16.9 (range 16.9–16.9).
- Total return with dividends: 1Y +141.8% vs S&P 500 +13.2%; 5Y +252.0% vs S&P 500 +79.2%.
- Next earnings: 2026-11-11, EPS estimate USD —, revenue estimate $58.6M.

## 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 |
|---|---|---|---|---|---|---|---|
| 2026-08-18 | Hasund Vidar | Contracted CFO | 100,000 | $1.6M | 100% | 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.

## Insider purchases (SEC Form 4, open-market, last ~7 months)
1 purchase, $57K. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.
| Trade date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-05-22 | Svensen Lars-Christian | Contracted CEO | 4,000 | $57K | 14.2 | Too little history (no open-market trades in 2023–2025) |

## Analysts
Consensus Strong Buy (mean 1.00 on a 1–5 scale), 1 analysts; mean target USD 16.9 (low 16.9, high 16.9).

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-29) | 5Y (from 2023-03-27) |
|---|---|---|
| Total return | +141.8% | +252.0% |
| S&P 500 (SPY) | +13.2% | +79.2% |
| Per year | +142.0% | +41.9% |
| Volatility (annualized) | 42.9% | 42.6% |
| Max drawdown | -16.2% (May 2026→Jun 2026) | -49.3% (May 2024→Dec 2024) |

## Peers (Marine Shipping)
CCEC (Capital Clean Energy Carriers C) USD 20.4 +3.87% · SFL (SFL Corporation Ltd) USD 13.1 +2.46% · CMRE (Costamare Inc.) USD 14.57 -1.42% · HOS (Hornbeck Offshore Services, Inc) USD 7.16 +0.92% · NMM (Navios Maritime Partners LP) USD 91.03 +2.19% · SBLK (Star Bulk Carriers Corp.) USD 28.88 +0.19%

## More
Full page: https://nexqual.com/HSHP · 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 HSHP's own 20-F filed 2026-03-12 (https://www.sec.gov/Archives/edgar/data/1959455/000195945526000024/hshp-20251231.htm):

| Relationship | Company | Sentence in the filing |
|---|---|---|
| Customer | Drew Holdings | "The level of cash available to us depends on numerous factors, including demand for our services and the rates we are paid by our customers, global economic conditions, the price of oil and bunker prices, our ability to …" |

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | — | — | — | $58.6M | — |
| Next quarter (ends 2026-12-31) | — | — | — | $54.8M | — |
| Current fiscal year (ends 2026-12-31) | — | — | — | $199.0M | — |
| Next fiscal year (ends 2027-12-31) | — | — | — | $184.2M | — |

## Recent SEC filings (last 120 days)
| Filed | Form | What it says | Filing |
|---|---|---|---|
| 2026-10-28 | Schedule 13G/A | Drew Holdings Ltd., Tor Olav Troim: 22.5% of shares, passive 5%+ holder (amended) | https://www.sec.gov/Archives/edgar/data/1959455/000119312526436114/0001193125-26-436114-index.htm |
| 2026-10-07 | 6-K | Current report (foreign issuer) · period ended Oct 7, 2026 | https://www.sec.gov/Archives/edgar/data/1959455/000195945526000122/0001959455-26-000122-index.htm |
| 2026-09-16 | 6-K | Current report (foreign issuer) · period ended Sep 16, 2026 | https://www.sec.gov/Archives/edgar/data/1959455/000195945526000120/0001959455-26-000120-index.htm |
| 2026-09-08 | 6-K | Current report (foreign issuer) · period ended Sep 8, 2026 | https://www.sec.gov/Archives/edgar/data/1959455/000195945526000118/0001959455-26-000118-index.htm |
| 2026-09-08 | 6-K | Current report (foreign issuer) · period ended Sep 8, 2026 | https://www.sec.gov/Archives/edgar/data/1959455/000195945526000116/0001959455-26-000116-index.htm |
| 2026-08-27 | 6-K | Current report (foreign issuer) · period ended Aug 27, 2026 | https://www.sec.gov/Archives/edgar/data/1959455/000195945526000114/0001959455-26-000114-index.htm |
| 2026-08-18 | 6-K | Current report (foreign issuer) · period ended Aug 18, 2026 | https://www.sec.gov/Archives/edgar/data/1959455/000195945526000112/0001959455-26-000112-index.htm |
| 2026-08-13 | Schedule 13G/A | THE GOLDMAN SACHS GROUP, INC., GOLDMAN SACHS & CO. LLC: 7.4% of shares, passive 5%+ holder (amended) | https://www.sec.gov/Archives/edgar/data/1959455/000088698226000486/0000886982-26-000486-index.htm |
| 2026-08-11 | 6-K | Current report (foreign issuer) · period ended Jun 30, 2026 | https://www.sec.gov/Archives/edgar/data/1959455/000195945526000110/0001959455-26-000110-index.htm |
| 2026-08-11 | 6-K | Current report (foreign issuer) · period ended Aug 11, 2026 | https://www.sec.gov/Archives/edgar/data/1959455/000195945526000108/0001959455-26-000108-index.htm |
| 2026-08-11 | 6-K | Current report (foreign issuer) · period ended Aug 11, 2026 | https://www.sec.gov/Archives/edgar/data/1959455/000195945526000106/0001959455-26-000106-index.htm |
| 2026-08-11 | 6-K | Current report (foreign issuer) · period ended Aug 11, 2026 | https://www.sec.gov/Archives/edgar/data/1959455/000195945526000104/0001959455-26-000104-index.htm |
| 2026-08-06 | 6-K | Current report (foreign issuer) · period ended Aug 6, 2026 | https://www.sec.gov/Archives/edgar/data/1959455/000195945526000102/0001959455-26-000102-index.htm |
| 2026-08-03 | 6-K | Current report (foreign issuer) · period ended Aug 3, 2026 | https://www.sec.gov/Archives/edgar/data/1959455/000195945526000100/0001959455-26-000100-index.htm |
Source: SEC EDGAR. Quotes are the opening words of each item as filed.