International Seaways (NYSE:INSW) Stock: Insider Finance Ltd Famatown Sells 150,000 Shares

International Seaways Inc. (NYSE:INSW) major shareholder Finance Ltd Famatown sold 150,000 shares of the company’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $82.16, for a total transaction of $12,324,000.00. Following the sale, the insider directly owned 7,503,570 shares in the company, valued at approximately $616,493,311.20. The trade was a 1.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Major shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Finance Ltd Famatown also recently made the following trade(s):

• On Thursday, October 8th, Finance Ltd Famatown sold 200 shares of International Seaways stock. The stock was sold at an average price of $118.50, for a total transaction of $23,700.00.
• On Wednesday, October 7th, Finance Ltd Famatown sold 61,216 shares of International Seaways stock. The shares were sold at an average price of $117.08, for a total transaction of $7,167,169.28.
• On Tuesday, October 6th, Finance Ltd Famatown sold 66,738 shares of International Seaways stock. The shares were sold at an average price of $117.03, for a total transaction of $7,810,348.14.
• On Monday, October 5th, Finance Ltd Famatown sold 100,000 shares of International Seaways stock. The stock was sold at an average price of $114.97, for a total transaction of $11,497,000.00.
• On Tuesday, September 22nd, Finance Ltd Famatown sold 102,000 shares of International Seaways stock. The stock was sold at an average price of $111.82, for a total transaction of $11,405,640.00.
• On Monday, September 21st, Finance Ltd Famatown sold 100,000 shares of International Seaways stock. The stock was sold at an average price of $111.09, for a total value of $11,109,000.00.
• On Friday, September 18th, Finance Ltd Famatown sold 15,136 shares of International Seaways stock. The shares were sold at an average price of $112.12, for a total value of $1,697,048.32.
• On Wednesday, July 22nd, Finance Ltd Famatown sold 104,428 shares of International Seaways stock. The shares were sold at an average price of $90.54, for a total value of $9,454,911.12.

International Seaways Stock Down 1.0%

NYSE:INSW traded down $1.17 during midday trading on Friday, reaching $111.94. The company had a trading volume of 150,199 shares, compared to its average volume of 606,217. The firm has a market capitalization of $5.54 billion, a price-to-earnings ratio of 7.16, a PEG ratio of 0.29 and a beta of -0.14. The stock’s fifty day simple moving average is $105.33 and its 200-day simple moving average is $90.94. International Seaways Inc. has a 12-month low of $44.73 and a 12-month high of $126.27. The company has a current ratio of 5.94, a quick ratio of 5.76 and a debt-to-equity ratio of 0.27.

International Seaways (NYSE:INSW) last released its earnings results on Monday, August 10th. The transportation company reported $5.91 EPS for the quarter, topping the consensus estimate of $5.55 by $0.36. International Seaways had a return on equity of 31.75% and a net margin of 61.98%. The firm had revenue of $467.29 million during the quarter, compared to analysts’ expectations of $406.38 million. During the same period in the previous year, the firm posted $1.02 EPS. International Seaways’s revenue for the quarter was up 138.9% on a year-over-year basis. On average, sell-side analysts anticipate that International Seaways Inc. will post 17.08 earnings per share for the current fiscal year.

International Seaways Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 24th. Stockholders of record on Thursday, September 10th were paid a $5.05 dividend. This represents a $20.20 annualized dividend and a dividend yield of 18.0%. The ex-dividend date was Thursday, September 10th. This is a boost from International Seaways’s previous quarterly dividend of $0.12. International Seaways’s dividend payout ratio (DPR) is 129.16%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on INSW shares. Jefferies Financial Group boosted their price objective on International Seaways from $100.00 to $108.00 and gave the stock a “buy” rating in a research report on Thursday, August 13th. Zacks Research raised shares of International Seaways from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 7th. B. Riley Financial lifted their price target on shares of International Seaways from $120.00 to $140.00 and gave the stock a “buy” rating in a research note on Monday, October 5th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $107.00 price target on shares of International Seaways in a report on Tuesday, September 1st. Finally, Weiss Ratings upgraded shares of International Seaways from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, October 8th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, International Seaways presently has an average rating of “Buy” and an average price target of $109.80.

Hedge Funds Weigh In On International Seaways

Large investors have recently bought and sold shares of the business. EverSource Wealth Advisors LLC boosted its position in shares of International Seaways by 11.2% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,169 shares of the transportation company’s stock worth $85,000 after acquiring an additional 118 shares in the last quarter. Allworth Financial LP raised its position in shares of International Seaways by 23.4% during the 2nd quarter. Allworth Financial LP now owns 623 shares of the transportation company’s stock worth $48,000 after acquiring an additional 118 shares in the last quarter. GAMMA Investing LLC raised its position in shares of International Seaways by 4.0% during the 2nd quarter. GAMMA Investing LLC now owns 4,606 shares of the transportation company’s stock worth $353,000 after acquiring an additional 178 shares in the last quarter. Mather Group LLC. raised its position in shares of International Seaways by 100.0% during the 3rd quarter. Mather Group LLC. now owns 400 shares of the transportation company’s stock worth $44,000 after acquiring an additional 200 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its stake in International Seaways by 16.4% during the first quarter. PNC Financial Services Group Inc. now owns 2,074 shares of the transportation company’s stock worth $151,000 after purchasing an additional 292 shares during the last quarter. Hedge funds and other institutional investors own 67.29% of the company’s stock.

International Seaways News Roundup

Here are the key news stories impacting International Seaways this week:

• Positive Sentiment: Strategic Bruton acquisition expands the VLCC fleet. International Seaways agreed to acquire a 50.5% stake in Bruton Limited in transactions valuing the target at approximately $370 million. The combination would add four very large crude carriers, including newbuildings, strengthening INSW’s long-term fleet capacity and exposure to crude-oil transportation demand. International Seaways Expands VLCC Fleet Through Strategic Combination with Bruton Limited
• Positive Sentiment: Analyst price-target increase provides additional support. B. Riley raised its target for International Seaways to $140, signaling continued confidence in the company’s earnings outlook and tanker-market fundamentals. B. Riley lifts target for International Seaways stock to USD 140.00
• Neutral Sentiment: Third-quarter updates are approaching. INSW has provided preliminary third-quarter net income and revenue information and scheduled its full earnings release for November 5, 2026. Investors may look for further details on tanker rates, cash flow, acquisition funding and the outlook. International Seaways Reports Preliminary Q3 Net Income, Revenue; Plans Acquisition of Bruton
• Negative Sentiment: Major shareholder Famatown Finance continued reducing its position. SEC filings show sales totaling roughly 230,000 shares from October 5–8 at prices between $114.97 and $118.50, following additional sales in September. Although Famatown still owns more than 6.7 million shares, repeated insider-level selling can weigh on sentiment and raise concerns about supply overhang.

About International Seaways

International Seaways, Inc (NYSE: INSW) is a maritime transportation company that owns and operates oceangoing tankers. The company transports crude oil, refined petroleum products and other liquid cargoes for energy producers, commodity traders, refiners and other customers worldwide.

Its fleet includes crude-oil tankers serving major international trade routes, as well as product tankers used to move gasoline, diesel, jet fuel and other refined petroleum products. International Seaways employs a combination of time-charter, voyage-charter and pool arrangements to market its vessels and provide transportation services.

International Seaways was established in 2016 through the separation of the international tanker business from Overseas Shipholding Group.