International Seaways (NYSE:INSW) Stock: Insider Finance Ltd Famatown Sells 35,250 Shares

International Seaways Inc. (NYSE:INSW) major shareholder Finance Ltd Famatown sold 35,250 shares of the business’s stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $85.08, for a total transaction of $2,999,070.00. Following the completion of the sale, the insider owned 7,468,320 shares in the company, valued at approximately $635,404,665.60. The trade was a 0.47% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 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 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 shares were 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 stock was 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 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 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 shares were 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

NYSE INSW traded down $1.26 during trading on Friday, hitting $111.85. 150,199 shares of the stock traded hands, compared to its average volume of 606,217. The company has a quick ratio of 5.76, a current ratio of 5.94 and a debt-to-equity ratio of 0.27. International Seaways Inc. has a 12-month low of $44.73 and a 12-month high of $126.27. The firm has a 50-day simple moving average of $105.33 and a 200-day simple moving average of $90.94. The company has a market capitalization of $5.54 billion, a P/E 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 quarterly earnings data on Monday, August 10th. The transportation company reported $5.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.55 by $0.36. The business had revenue of $467.29 million for the quarter, compared to analysts’ expectations of $406.38 million. International Seaways had a return on equity of 31.75% and a net margin of 61.98%. The company’s revenue for the quarter was up 138.9% on a year-over-year basis. During the same period in the prior year, the firm earned $1.02 EPS. As a group, analysts predict that International Seaways Inc. will post 17.08 EPS for the current year.

International Seaways Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 24th. Shareholders of record on Thursday, September 10th were paid a dividend of $5.05 per share. The ex-dividend date of this dividend was Thursday, September 10th. This is an increase from International Seaways’s previous quarterly dividend of $0.12. This represents a $20.20 annualized dividend and a yield of 18.1%. International Seaways’s 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.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. B. Riley Financial upped their price objective 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 report on Thursday, October 8th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $107.00 target price on shares of International Seaways in a research report on Tuesday, September 1st. Zacks Research upgraded International Seaways from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 7th. Finally, BTIG Research increased their price target on International Seaways from $100.00 to $130.00 and gave the company a “buy” rating in a report on Friday, September 18th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $109.80.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of INSW. BlackRock Inc. purchased a new position in International Seaways in the 2nd quarter worth about $505,153,000. Dimensional Fund Advisors LP boosted its position in 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 valued at $220,436,000 after buying an additional 52,743 shares during the period. Arrowstreet Capital Limited Partnership boosted its position in International Seaways by 167.6% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 608,265 shares of the transportation company’s stock valued at $44,330,000 after buying an additional 380,931 shares during the period. Bank of New York Mellon Corp purchased a new stake in International Seaways in the 2nd quarter valued at about $21,082,000. Finally, Bridgeway Capital Management LLC grew its stake in International Seaways by 7.2% in the 4th 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. Institutional investors 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.