International Seaways (NYSE:INSW) Major Shareholder Sells $11,497,000.00 in Stock

International Seaways Inc. (NYSE:INSW) major shareholder Finance Ltd Famatown sold 100,000 shares of the business’s stock in a transaction on Monday, October 5th. The shares were sold at an average price of $114.97, for a total transaction of $11,497,000.00. Following the completion of the transaction, the insider owned 6,832,458 shares in the company, valued at approximately $785,527,696.26. The trade was a 1.44% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 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 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 shares were sold at an average price of $117.03, for a total value of $7,810,348.14.
• On Tuesday, September 22nd, Finance Ltd Famatown sold 102,000 shares of International Seaways stock. The shares were 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 Trading Down 1.0%

INSW stock traded down $1.17 during mid-day trading on Friday, reaching $111.94. 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 12 month low of $44.73 and a 12 month 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 business’s 50 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 price-to-earnings ratio of 7.16, a price-to-earnings-growth ratio of 0.29 and a beta of -0.14.

International Seaways (NYSE:INSW) last issued its earnings results on Monday, August 10th. The transportation company reported $5.91 EPS for the quarter, beating analysts’ consensus estimates of $5.55 by $0.36. International Seaways had a return on equity of 31.75% and a net margin of 61.98%. The business had revenue of $467.29 million during the quarter, compared to analyst estimates of $406.38 million. During the same period in the previous year, the company posted $1.02 EPS. The firm’s revenue was up 138.9% compared to the same quarter last year. On average, equities research analysts predict that International Seaways Inc. will post 17.08 EPS for the current 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 given a $5.05 dividend. This represents a $20.20 annualized dividend and a yield of 18.0%. 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%.

Wall Street Analysts Forecast Growth

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

Institutional Trading of International Seaways

Several institutional investors and hedge funds have recently bought and sold shares of the company. Quantbot Technologies LP bought a new position in International Seaways in the 2nd quarter valued at $28,000. Mather Group LLC. raised 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 worth $44,000 after buying an additional 200 shares in the last quarter. Allworth Financial LP purchased a new stake in shares of International Seaways in the second quarter worth $48,000. Public Employees Retirement System of Ohio bought a new stake in International Seaways during the second quarter valued at $66,000. Finally, Compass Financial Management LLC bought a new stake in International Seaways during the second quarter valued at $86,000. 67.29% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about International Seaways

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.

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.