Insider Selling: International Seaways (NYSE:INSW) Major Shareholder Sells 15,136 Shares of Company Stock

International Seaways Inc. (NYSE:INSW) major shareholder Finance Ltd Famatown sold 15,136 shares of the business’s stock in a transaction dated Friday, September 18th. The stock was sold at an average price of $112.12, for a total transaction of $1,697,048.32. Following the completion of the sale, the insider owned 7,134,458 shares in the company, valued at $799,915,430.96. This represents a 0.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Large shareholders that own 10% or more of a company’s shares 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 transaction of $23,700.00.
• On Wednesday, October 7th, Finance Ltd Famatown sold 61,216 shares of International Seaways stock. The stock was 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 stock was 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 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 shares were 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 Wednesday, July 22nd, Finance Ltd Famatown sold 104,428 shares of International Seaways stock. The stock was sold at an average price of $90.54, for a total value of $9,454,911.12.

International Seaways Price Performance

Shares of NYSE:INSW traded down $1.26 on Friday, hitting $111.85. The company had a trading volume of 150,199 shares, compared to its average volume of 606,217. 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 Inc. has a 52-week low of $44.73 and a 52-week high of $126.27. The business has a 50 day moving average of $105.33 and a 200 day moving average of $90.94. The company has a market cap of $5.54 billion, a PE ratio of 7.16, a PEG ratio of 0.29 and a beta of -0.14.

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

International Seaways Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 24th. Stockholders of record on Thursday, September 10th were issued a dividend of $5.05 per share. This represents a $20.20 annualized dividend and a dividend yield of 18.1%. This is a positive change from International Seaways’s previous quarterly dividend of $0.12. The ex-dividend date was Thursday, September 10th. International Seaways’s payout ratio is 129.16%.

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.

Hedge Funds Weigh In On International Seaways

Several hedge funds and other institutional investors have recently made changes to their positions in INSW. Baird Financial Group Inc. raised its position in International Seaways by 5.0% in the second 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 during the period. NewEdge Wealth LLC grew its stake in shares of International Seaways by 43.1% in the first quarter. NewEdge Wealth LLC now owns 24,942 shares of the transportation company’s stock valued at $1,818,000 after buying an additional 7,511 shares in the last quarter. Man Group plc purchased a new stake in shares of International Seaways during the 2nd quarter valued at about $867,000. Two Sigma Securities LLC purchased a new position in International Seaways in the 2nd quarter worth approximately $507,000. Finally, Energy Income Partners LLC acquired a new stake in International Seaways in the second quarter valued at approximately $4,161,000. Institutional investors and hedge funds own 67.29% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the company. Jefferies Financial Group upped their target price on International Seaways from $100.00 to $108.00 and gave the company a “buy” rating in a research note on Thursday, August 13th. Weiss Ratings upgraded International Seaways from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, October 8th. Zacks Research upgraded International Seaways from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 7th. BTIG Research upped their price objective on shares of International Seaways from $100.00 to $130.00 and gave the company a “buy” rating in a research note on Friday, September 18th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $107.00 price objective on shares of International Seaways in a report on Tuesday, September 1st. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, International Seaways presently has a consensus rating of “Buy” and an average target price of $109.80.

International Seaways Company Profile

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.