International Seaways (NYSE:INSW) Stock: Insider Finance Ltd Famatown Sells 102,000 Shares

International Seaways Inc. (NYSE:INSW) major shareholder Finance Ltd Famatown sold 102,000 shares of International Seaways stock in a transaction dated Tuesday, September 22nd. The stock was sold at an average price of $111.82, for a total value of $11,405,640.00. Following the completion of the sale, the insider owned 6,932,458 shares of the company’s stock, valued at approximately $775,187,453.56. The trade was a 1.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 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 shares were 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 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 stock was sold at an average price of $114.97, for a total transaction of $11,497,000.00.
• 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 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 shares were sold at an average price of $90.54, for a total transaction of $9,454,911.12.

International Seaways Trading Down 1.0%

NYSE:INSW traded down $1.17 during trading hours on Friday, hitting $111.94. The stock had a trading volume of 150,199 shares, compared to its average volume of 606,217. The business’s 50 day moving average is $105.33 and its 200-day moving average is $90.94. The company has a debt-to-equity ratio of 0.27, a quick ratio of 5.76 and a current ratio of 5.94. The company has a market cap of $5.54 billion, a price-to-earnings ratio of 7.16, a P/E/G ratio of 0.29 and a beta of -0.14. International Seaways Inc. has a one year low of $44.73 and a one year high of $126.27.

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

International Seaways Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, September 24th. Shareholders of record on Thursday, September 10th were paid a $5.05 dividend. This is an increase from International Seaways’s previous quarterly dividend of $0.12. This represents a $20.20 dividend on an annualized basis and a yield of 18.0%. The ex-dividend date was Thursday, September 10th. International Seaways’s dividend payout ratio is 129.16%.

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.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on INSW. B. Riley Financial upped their target price on shares of International Seaways from $120.00 to $140.00 and gave the company a “buy” rating in a report on Monday, October 5th. Jefferies Financial Group upped their price objective on International Seaways from $100.00 to $108.00 and gave the company a “buy” rating in a research note on Thursday, August 13th. Zacks Research raised International Seaways from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 7th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $107.00 price objective on shares of International Seaways in a research report on Tuesday, September 1st. Finally, Weiss Ratings raised shares of International Seaways from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, October 8th. 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 company’s stock. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of $109.80.

Institutional Trading of International Seaways

Institutional investors have recently bought and sold shares of the stock. Quantbot Technologies LP acquired a new position in International Seaways during the second quarter valued at $28,000. Mather Group LLC. increased its position in shares of International Seaways by 100.0% in the third quarter. Mather Group LLC. now owns 400 shares of the transportation company’s stock valued at $44,000 after buying an additional 200 shares in the last quarter. Allworth Financial LP acquired a new position in International Seaways during the second quarter worth $48,000. Public Employees Retirement System of Ohio acquired a new stake in International Seaways during the 2nd quarter worth $66,000. Finally, Compass Financial Management LLC acquired a new position in International Seaways during the second quarter worth about $86,000. 67.29% of the stock is currently owned by institutional investors and hedge funds.

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.