International Seaways (NYSE:INSW) Major Shareholder Finance Ltd Famatown Sells 33,956 Shares of Company Stock

International Seaways Inc. (NYSE:INSW) major shareholder Finance Ltd Famatown sold 33,956 shares of the firm’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $90.66, for a total transaction of $3,078,450.96. Following the transaction, the insider owned 7,299,364 shares of the company’s stock, valued at $661,760,340.24. This trade represents a 0.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Major shareholders that own at least 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 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 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 shares were 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 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 stock was 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 1.1%

NYSE:INSW traded down $1.26 during mid-day trading on Friday, reaching $111.85. The company’s stock had a trading volume of 150,199 shares, compared to its average volume of 606,217. The company has a debt-to-equity ratio of 0.27, a current ratio of 5.94 and a quick ratio of 5.76. The stock has a market cap of $5.54 billion, a P/E ratio of 7.16, a P/E/G ratio of 0.29 and a beta of -0.14. The company’s fifty day simple moving average is $105.33 and its two-hundred day simple moving average is $90.94. International Seaways Inc. has a twelve month low of $44.73 and a twelve month high of $126.27.

International Seaways (NYSE:INSW) last posted its quarterly earnings data on Monday, August 10th. The transportation company reported $5.91 EPS for the quarter, beating analysts’ consensus estimates of $5.55 by $0.36. The company had revenue of $467.29 million during the quarter, compared to the consensus estimate of $406.38 million. International Seaways had a net margin of 61.98% and a return on equity of 31.75%. The company’s quarterly revenue was up 138.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.02 EPS. On average, equities 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. Shareholders of record on Thursday, September 10th were given a dividend of $5.05 per share. This represents a $20.20 dividend on an annualized basis and a yield of 18.1%. This is a positive change from International Seaways’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend was Thursday, September 10th. International Seaways’s dividend payout ratio is presently 129.16%.

Key Stories Impacting 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.

Institutional Investors Weigh In On International Seaways

A number of large investors have recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new position in International Seaways in the 2nd quarter valued at about $505,153,000. Dimensional Fund Advisors LP increased its position in shares of International Seaways by 1.8% during the first quarter. Dimensional Fund Advisors LP now owns 3,024,755 shares of the transportation company’s stock worth $220,436,000 after acquiring an additional 52,743 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its position in shares of International Seaways by 167.6% during the first quarter. Arrowstreet Capital Limited Partnership now owns 608,265 shares of the transportation company’s stock worth $44,330,000 after acquiring an additional 380,931 shares during the last quarter. Bridgeway Capital Management LLC lifted its stake in shares of International Seaways by 7.2% in the fourth quarter. Bridgeway Capital Management LLC now owns 414,688 shares of the transportation company’s stock worth $20,133,000 after acquiring an additional 27,818 shares in the last quarter. Finally, Bank of New York Mellon Corp acquired a new position in shares of International Seaways in the second quarter worth about $21,082,000. 67.29% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have commented on INSW. Jefferies Financial Group raised 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. Zacks Research upgraded International Seaways from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 7th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $107.00 target price on shares of International Seaways in a report on Tuesday, September 1st. BTIG Research raised their target price on International Seaways from $100.00 to $130.00 and gave the company a “buy” rating in a report on Friday, September 18th. Finally, 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. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company 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.