International Seaways (NYSE:INSW) Major Shareholder Sells $7,167,169.28 in Stock

International Seaways Inc. (NYSE:INSW) major shareholder Finance Ltd Famatown sold 61,216 shares of the company’s stock in a transaction that occurred on Wednesday, October 7th. The stock was sold at an average price of $117.08, for a total value of $7,167,169.28. Following the sale, the insider directly owned 6,704,504 shares in the company, valued at $784,963,328.32. This trade represents a 0.90% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Major shareholders that own more than 10% of a company’s shares 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 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 shares were 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 Price Performance

INSW stock traded down $1.26 during trading on Friday, hitting $111.85. 150,199 shares of the company’s stock traded hands, 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 stock has a market capitalization 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. The business has a fifty day simple moving average of $105.33 and a 200 day simple moving average of $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.

International Seaways (NYSE:INSW) last issued its quarterly earnings data on Monday, August 10th. The transportation company reported $5.91 EPS 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 business had revenue of $467.29 million during the quarter, compared to analysts’ expectations of $406.38 million. During the same period last year, the company posted $1.02 EPS. The business’s revenue was up 138.9% on a year-over-year basis. As a group, research analysts expect that International Seaways Inc. will post 17.08 EPS 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 issued a $5.05 dividend. This represents a $20.20 dividend on an annualized basis and a dividend yield of 18.1%. The ex-dividend date of this dividend was Thursday, September 10th. This is a positive change from International Seaways’s previous quarterly dividend of $0.12. International Seaways’s payout ratio is 129.16%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. BlackRock Inc. bought a new stake in International Seaways during the 2nd quarter valued at $505,153,000. Dimensional Fund Advisors LP lifted its holdings in shares of International Seaways by 1.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 3,024,755 shares of the transportation company’s stock worth $220,436,000 after buying an additional 52,743 shares during the period. Arrowstreet Capital Limited Partnership lifted its holdings in shares of International Seaways by 167.6% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 608,265 shares of the transportation company’s stock worth $44,330,000 after buying an additional 380,931 shares during the period. Bank of New York Mellon Corp purchased a new stake in shares of International Seaways in the 2nd quarter worth $21,082,000. Finally, Bridgeway Capital Management LLC grew its position 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 buying an additional 27,818 shares in the last quarter. 67.29% of the stock is currently owned by hedge funds and other institutional investors.

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.

Analyst Ratings Changes

Several equities research analysts have weighed in on INSW shares. B. Riley Financial boosted their price objective on International Seaways from $120.00 to $140.00 and gave the stock a “buy” rating in a research note 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 report on Thursday, August 13th. BTIG Research upped their price objective on International Seaways from $100.00 to $130.00 and gave the company a “buy” rating in a research report on Friday, September 18th. Zacks Research raised International Seaways from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 7th. Finally, Weiss Ratings upgraded International Seaways from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, October 8th. One 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 company. According to data from MarketBeat.com, International Seaways presently has an average rating of “Buy” and a consensus price target 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.