International Seaways (NYSE:INSW) Stock: Insider Finance Ltd Famatown Sells 35,250 Shares

International Seaways Inc. (NYSE:INSW) major shareholder Finance Ltd Famatown sold 35,250 shares of International Seaways stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $85.08, for a total transaction of $2,999,070.00. Following the sale, the insider directly owned 7,468,320 shares of the company’s stock, valued at $635,404,665.60. This represents a 0.47% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Major shareholders that own more than 10% 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 shares were 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 stock was 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 stock was 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 stock was 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 shares were 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 stock was 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 stock was sold at an average price of $90.54, for a total value of $9,454,911.12.

International Seaways Stock Down 1.1%

Shares of INSW traded down $1.26 during midday trading on Friday, reaching $111.85. 150,199 shares of the stock were exchanged, 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 has a current ratio of 5.94, a quick ratio of 5.76 and a debt-to-equity ratio of 0.27. The company’s 50 day moving average is $105.33 and its two-hundred day moving average is $90.94. The company has a market capitalization of $5.54 billion, a P/E ratio of 7.16, a PEG ratio of 0.29 and a beta of -0.14.

International Seaways (NYSE:INSW) last announced its quarterly earnings results on Monday, August 10th. The transportation company reported $5.91 EPS for the quarter, beating the consensus estimate of $5.55 by $0.36. The firm had revenue of $467.29 million for the quarter, compared to analyst estimates of $406.38 million. International Seaways had a return on equity of 31.75% and a net margin of 61.98%. The business’s revenue for the quarter was up 138.9% on a year-over-year basis. During the same quarter last year, the firm posted $1.02 earnings per share. On average, sell-side analysts anticipate 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 represents a $20.20 annualized dividend and a yield of 18.1%. The ex-dividend date was Thursday, September 10th. This is a positive change from International Seaways’s previous quarterly dividend of $0.12. International Seaways’s dividend payout ratio (DPR) is currently 129.16%.

Hedge Funds Weigh In On International Seaways

Several hedge funds have recently modified their holdings of INSW. Mather Group LLC. grew its position in 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 purchasing an additional 200 shares during the last quarter. Ifrah Financial Services Inc. purchased a new position in shares of International Seaways in the third quarter worth $347,000. Contravisory Investment Management Inc. raised its holdings in shares of International Seaways by 9.2% in the third quarter. Contravisory Investment Management Inc. now owns 5,459 shares of the transportation company’s stock worth $601,000 after buying an additional 460 shares during the last quarter. Perpetual Ltd raised its holdings in shares of International Seaways by 16.0% in the third quarter. Perpetual Ltd now owns 6,766 shares of the transportation company’s stock worth $745,000 after buying an additional 935 shares during the last quarter. Finally, GAMMA Investing LLC lifted its stake in shares of International Seaways by 9.8% during the third quarter. GAMMA Investing LLC now owns 5,058 shares of the transportation company’s stock worth $557,000 after buying an additional 452 shares during the period. Institutional investors and hedge funds own 67.29% of the company’s stock.

Key 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.

Wall Street Analyst Weigh In

A number of research analysts have commented on INSW shares. Zacks Research raised shares of International Seaways from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 7th. BTIG Research lifted their price target on International Seaways from $100.00 to $130.00 and gave the company a “buy” rating in a report on Friday, September 18th. Jefferies Financial Group boosted their price target on International Seaways from $100.00 to $108.00 and gave the stock a “buy” rating in a research report on Thursday, August 13th. B. Riley Financial boosted their price target on International Seaways from $120.00 to $140.00 and gave the stock a “buy” rating in a research report on Monday, October 5th. Finally, Weiss Ratings upgraded International Seaways from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, October 8th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $109.80.

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.