International Seaways (NYSE:INSW) Major Shareholder Finance Ltd Famatown Sells 156,924 Shares of Stock

International Seaways Inc. (NYSE:INSW) major shareholder Finance Ltd Famatown sold 156,924 shares of the company’s stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $81.28, for a total value of $12,754,782.72. Following the transaction, the insider owned 7,653,570 shares in the company, valued at $622,082,169.60. This trade represents a 2.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions 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 value 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 value 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 value of $7,810,348.14.
• On Monday, October 5th, Finance Ltd Famatown sold 100,000 shares of International Seaways stock. The shares were sold at an average price of $114.97, for a total value 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 value 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 Trading Down 2.8%

NYSE INSW traded down $3.12 during trading on Friday, hitting $109.99. The stock had a trading volume of 844,082 shares, compared to its average volume of 807,338. The company has a quick ratio of 5.76, a current ratio of 5.94 and a debt-to-equity ratio of 0.27. The company has a market capitalization of $5.45 billion, a PE ratio of 7.03, a PEG ratio of 0.27 and a beta of -0.14. The firm has a 50 day moving average price of $105.69 and a 200 day moving average price of $91.08. International Seaways Inc. has a twelve month low of $44.73 and a twelve month high of $126.27.

International Seaways (NYSE:INSW) last issued its quarterly earnings results on Monday, August 10th. The transportation company reported $5.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.55 by $0.36. International Seaways had a net margin of 61.98% and a return on equity of 31.75%. The business had revenue of $467.29 million for the quarter, compared to analysts’ expectations of $406.38 million. During the same quarter in the prior year, the company earned $1.02 earnings per share. The business’s quarterly revenue was up 138.9% on a year-over-year basis. As a group, equities research analysts forecast that International Seaways Inc. will post 17.08 earnings per share for the current year.

International Seaways Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 24th. Shareholders of record on Thursday, September 10th were issued a dividend of $5.05 per share. This is a boost from International Seaways’s previous quarterly dividend of $0.12. The ex-dividend date was Thursday, September 10th. This represents a $20.20 dividend on an annualized basis and a yield of 18.4%. International Seaways’s dividend payout ratio (DPR) is currently 129.16%.

Analyst Ratings Changes

INSW has been the subject of several research reports. BTIG Research boosted their price target on shares of International Seaways from $100.00 to $130.00 and gave the stock a “buy” rating in a research note on Friday, September 18th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $107.00 price objective on shares of International Seaways in a research report on Tuesday, September 1st. Weiss Ratings upgraded International Seaways from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, October 8th. B. Riley Financial lifted their target price on International Seaways from $120.00 to $140.00 and gave the company a “buy” rating in a report on Monday, October 5th. Finally, Jefferies Financial Group lifted their target price on International Seaways from $100.00 to $108.00 and gave the company a “buy” rating in a report on Thursday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, International Seaways presently has an average rating of “Buy” and a consensus target price of $109.80.

Trending Headlines about International Seaways

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

• Positive Sentiment: Fleet expansion announced: International Seaways agreed to acquire Bruton Limited in transactions valuing the target at approximately $370 million. The deal would add four VLCC vessels, including newbuildings, expanding INSW’s crude-oil tanker capacity and potentially increasing future revenue and cash flow. International Seaways Expands VLCC Fleet Through Strategic Combination with Bruton Limited
• Positive Sentiment: Analyst price-target increase: B. Riley raised its target for INSW to $140, signaling continued confidence in the company’s earnings outlook and tanker-sector prospects. B. Riley lifts target for International Seaways stock to USD 140
• Positive Sentiment: Preliminary third-quarter update: INSW reported preliminary third-quarter net income and revenue and provided earnings guidance ahead of its scheduled November 5 results release. The update gives investors additional visibility into operating performance. International Seaways Reports Preliminary Q3 Net Income, Revenue; Plans Acquisition of Bruton
• Neutral Sentiment: Results date scheduled: International Seaways will release full third-quarter 2026 results before the market opens on November 5, followed by an investor conference call. International Seaways to Announce Third Quarter 2026 Results
• Negative Sentiment: Major shareholder continues selling: Finance Ltd Famatown disclosed sales totaling roughly 228,000 INSW shares from October 5–8 at average prices of about $115–$119, reducing its holdings by approximately 3.3% over those transactions. Although the shareholder still owns more than 6.7 million shares, the repeated selling can raise concerns about near-term supply and insider confidence. SEC ownership filing

Institutional Trading of International Seaways

Several hedge funds have recently added to or reduced their stakes in the company. Baird Financial Group Inc. raised its holdings in shares of International Seaways by 5.0% in the 2nd quarter. Baird Financial Group Inc. now owns 248,506 shares of the transportation company’s stock valued at $19,033,000 after purchasing an additional 11,835 shares in the last quarter. NewEdge Wealth LLC grew its stake in shares of International Seaways by 43.1% during the first quarter. NewEdge Wealth LLC now owns 24,942 shares of the transportation company’s stock worth $1,818,000 after purchasing an additional 7,511 shares in the last quarter. Man Group plc acquired a new position in shares of International Seaways during the second quarter worth $867,000. Two Sigma Securities LLC acquired a new position in shares of International Seaways during the second quarter worth $507,000. Finally, Energy Income Partners LLC purchased a new position in International Seaways in the second quarter valued at $4,161,000. Institutional investors and hedge funds own 67.29% of the company’s stock.

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.