International Seaways (NYSE:INSW) Major Shareholder Sells $3,078,450.96 in Stock

International Seaways Inc. (NYSE:INSW) major shareholder Finance Ltd Famatown sold 33,956 shares of the company’s stock in a transaction on Friday, May 8th. The stock was sold at an average price of $90.66, for a total transaction of $3,078,450.96. Following the transaction, the insider owned 7,299,364 shares of the company’s stock, valued at approximately $661,760,340.24. The trade was a 0.46% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Major shareholders that own at least 10% of a company’s stock 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 transaction 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 transaction 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 transaction of $9,454,911.12.

International Seaways Stock Performance

INSW traded down $1.26 during trading on Friday, reaching $111.85. The company’s stock had a trading volume of 150,199 shares, compared to its average volume of 606,217. International Seaways Inc. has a 52-week low of $44.73 and a 52-week high of $126.27. The company’s fifty day moving average price is $105.33 and its 200-day moving average price is $90.94. The company has a market capitalization of $5.54 billion, a price-to-earnings ratio of 7.16, a price-to-earnings-growth ratio of 0.29 and a beta of -0.14. The company has a debt-to-equity ratio of 0.27, a quick ratio of 5.76 and a current ratio of 5.94.

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, topping the consensus estimate of $5.55 by $0.36. The company had revenue of $467.29 million for the quarter, compared to analysts’ expectations of $406.38 million. International Seaways had a return on equity of 31.75% and a net margin of 61.98%. The firm’s quarterly revenue was up 138.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.02 EPS. On average, equities analysts forecast that International Seaways Inc. will post 17.08 earnings per share for the current fiscal year.

International Seaways Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 24th. Investors of record on Thursday, September 10th were paid a $5.05 dividend. This represents a $20.20 dividend on an annualized basis and a dividend yield of 18.1%. This is a boost from International Seaways’s previous quarterly dividend of $0.12. The ex-dividend date was Thursday, September 10th. International Seaways’s dividend payout ratio (DPR) is presently 129.16%.

Analyst Ratings Changes

A number of research analysts recently weighed in on the company. Zacks Research raised International Seaways from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 7th. Jefferies Financial Group increased 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. BTIG Research raised their target price on International Seaways from $100.00 to $130.00 and gave the company a “buy” rating in a report on Friday, September 18th. Weiss Ratings upgraded shares of International Seaways from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, October 8th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $107.00 target price on shares of International Seaways in a research report on Tuesday, September 1st. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $109.80.

More International Seaways News

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.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. BlackRock Inc. acquired a new stake in shares of International Seaways during the 2nd quarter valued at approximately $505,153,000. Dimensional Fund Advisors LP boosted its stake in shares of International Seaways by 1.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 3,024,755 shares of the transportation company’s stock worth $220,436,000 after acquiring an additional 52,743 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in shares of International Seaways by 167.6% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 608,265 shares of the transportation company’s stock worth $44,330,000 after acquiring an additional 380,931 shares in the last quarter. Bank of New York Mellon Corp purchased a new stake in shares of International Seaways during the 2nd quarter worth approximately $21,082,000. Finally, Bridgeway Capital Management LLC boosted its stake in shares of International Seaways by 7.2% during the 4th quarter. Bridgeway Capital Management LLC now owns 414,688 shares of the transportation company’s stock worth $20,133,000 after acquiring an additional 27,818 shares in the last quarter. 67.29% of the stock is owned by hedge funds and other institutional investors.

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.