International Seaways (NYSE:INSW) Major Shareholder Sells 200 Shares of Company Stock

International Seaways Inc. (NYSE:INSW) major shareholder Finance Ltd Famatown sold 200 shares of the stock in a transaction on Thursday, October 8th. The shares were sold at an average price of $118.50, for a total value of $23,700.00. Following the sale, the insider directly owned 6,704,304 shares in the company, valued at approximately $794,460,024. The trade was a 0.00% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Large shareholders that own more than 10% 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 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 shares were 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 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 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 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 value of $9,454,911.12.

International Seaways Stock Down 1.1%

International Seaways stock traded down $1.26 during midday trading on Friday, hitting $111.85. 150,199 shares of the company were exchanged, compared to its average volume of 606,217. 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 cap of $5.54 billion, a PE 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 current ratio of 5.94 and a quick ratio of 5.76. International Seaways Inc. has a fifty-two week low of $44.73 and a fifty-two week high of $126.27.

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

International Seaways Increases Dividend

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

Analyst Ratings Changes

INSW has been the subject of a number of research analyst reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $107.00 price target on shares of International Seaways in a report on Tuesday, September 1st. B. Riley Financial lifted their price objective on shares of 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 boosted their target price on shares of International Seaways from $100.00 to $108.00 and gave the stock a “buy” rating in a report on Thursday, August 13th. Zacks Research upgraded shares of International Seaways from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 7th. Finally, BTIG Research increased their target price 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. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $109.80.

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

Hedge funds have recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new stake in International Seaways in the second quarter valued at approximately $505,153,000. Arrowstreet Capital Limited Partnership increased 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 purchasing an additional 380,931 shares during the last quarter. Bank of New York Mellon Corp acquired a new position in shares of International Seaways during the 2nd quarter worth $21,082,000. Empowered Funds LLC acquired a new position in shares of International Seaways during the 2nd quarter worth $19,711,000. Finally, Acorn Financial Advisory Services Inc. ADV bought a new position in shares of International Seaways during the 1st quarter valued at $13,145,000. Institutional investors and hedge funds own 67.29% of the company’s stock.

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.