International Seaways (NYSE:INSW) Major Shareholder Sells 100,000 Shares of 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, September 21st. The stock was sold at an average price of $111.09, for a total transaction of $11,109,000.00. Following the completion of the transaction, the insider directly owned 7,034,458 shares in the company, valued at $781,457,939.22. This trade represents a 1.40% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Large shareholders that own 10% or more 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 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 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 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 value 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 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 value of $9,454,911.12.

International Seaways Price Performance

Shares of NYSE INSW traded down $1.26 during midday trading on Friday, reaching $111.85. 150,199 shares of the stock traded hands, compared to its average volume of 606,217. The company’s 50 day moving average is $105.33 and its 200 day moving average is $90.94. International Seaways Inc. has a one year low of $44.73 and a one year high of $126.27. The stock has a market capitalization of $5.54 billion, a PE ratio of 7.16, a P/E/G 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 (NYSE:INSW) last released its quarterly earnings data on Monday, August 10th. The transportation company reported $5.91 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 business had revenue of $467.29 million during the quarter, compared to analyst estimates of $406.38 million. During the same quarter last year, the business earned $1.02 earnings per share. International Seaways’s quarterly revenue was up 138.9% compared to the same quarter last year. On average, equities research analysts anticipate that International Seaways Inc. will post 17.08 earnings per share for the current year.

International Seaways Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 24th. Stockholders of record on Thursday, September 10th were given a dividend of $5.05 per share. The ex-dividend date was Thursday, September 10th. This represents a $20.20 annualized dividend and a dividend yield of 18.1%. This is a positive change from International Seaways’s previous quarterly dividend of $0.12. International Seaways’s dividend payout ratio is currently 129.16%.

Analyst Ratings Changes

Several brokerages have weighed in on INSW. BTIG Research boosted their price objective on International Seaways from $100.00 to $130.00 and gave the stock a “buy” rating in a research note on Friday, September 18th. B. Riley Financial boosted their target price on International Seaways from $120.00 to $140.00 and gave the company a “buy” rating in a research report on Monday, October 5th. Weiss Ratings upgraded International Seaways from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, October 8th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $107.00 price objective on shares of International Seaways in a research report on Tuesday, September 1st. Finally, Zacks Research raised shares of International Seaways from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 7th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average price target 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.

Institutional Investors Weigh In On International Seaways

Several hedge funds have recently made changes to their positions in INSW. Mather Group LLC. increased its holdings in International Seaways by 100.0% during 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 during the period. Ifrah Financial Services Inc. purchased a new position in International Seaways during the 3rd quarter worth $347,000. Contravisory Investment Management Inc. increased its holdings in shares of International Seaways by 9.2% during the third quarter. Contravisory Investment Management Inc. now owns 5,459 shares of the transportation company’s stock valued at $601,000 after acquiring an additional 460 shares in the last quarter. Perpetual Ltd raised its position in shares of International Seaways by 16.0% in the 3rd quarter. Perpetual Ltd now owns 6,766 shares of the transportation company’s stock valued at $745,000 after purchasing an additional 935 shares during the last quarter. Finally, GAMMA Investing LLC raised its holdings in shares of International Seaways by 9.8% in the third quarter. GAMMA Investing LLC now owns 5,058 shares of the transportation company’s stock worth $557,000 after buying an additional 452 shares during the last quarter. 67.29% of the stock is currently owned by hedge funds and other institutional investors.

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.