International Seaways (NYSE:INSW) Stock: Insider Finance Ltd Famatown Sells 15,136 Shares

International Seaways Inc. (NYSE:INSW) major shareholder Finance Ltd Famatown sold 15,136 shares of the firm’s stock in a transaction dated Friday, September 18th. The shares were sold at an average price of $112.12, for a total transaction of $1,697,048.32. Following the completion of the transaction, the insider directly owned 7,134,458 shares in the company, valued at $799,915,430.96. This represents a 0.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available 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 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 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 shares were sold at an average price of $111.82, for a total transaction 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 transaction of $11,109,000.00.
• 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 transaction of $9,454,911.12.

International Seaways Price Performance

INSW traded down $1.26 during 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 quick ratio of 5.76, a current ratio of 5.94 and a debt-to-equity ratio of 0.27. The firm has a fifty day simple moving average of $105.33 and a two-hundred day simple moving average of $90.94. International Seaways Inc. has a 1 year low of $44.73 and a 1 year high of $126.27. The company has a market cap of $5.54 billion, a price-to-earnings ratio of 7.16, a PEG 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 earnings per share 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 business’s revenue for the quarter was up 138.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.02 EPS. As a group, analysts anticipate that International Seaways Inc. will post 17.08 EPS for the current year.

International Seaways Increases Dividend

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

Hedge Funds Weigh In On International Seaways

Hedge funds have recently bought and sold shares of the company. Mather Group LLC. lifted its holdings in shares of International Seaways by 100.0% in the 3rd quarter. Mather Group LLC. now owns 400 shares of the transportation company’s stock valued at $44,000 after purchasing an additional 200 shares during the last quarter. Ifrah Financial Services Inc. purchased a new stake in International Seaways in the 3rd quarter valued at approximately $347,000. Contravisory Investment Management Inc. raised its stake in shares of International Seaways by 9.2% during the 3rd quarter. Contravisory Investment Management Inc. now owns 5,459 shares of the transportation company’s stock worth $601,000 after buying an additional 460 shares in the last quarter. Perpetual Ltd lifted its holdings 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 buying an additional 935 shares during the period. Finally, GAMMA Investing LLC boosted its stake 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 valued at $557,000 after buying an additional 452 shares in the last quarter. Institutional investors and hedge funds own 67.29% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on INSW shares. BTIG Research upped 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. Weiss Ratings raised International Seaways from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, October 8th. Jefferies Financial Group lifted their price target on International Seaways from $100.00 to $108.00 and gave the stock a “buy” rating in a report on Thursday, August 13th. B. Riley Financial lifted their price target on International Seaways from $120.00 to $140.00 and gave the stock a “buy” rating in a report on Monday, October 5th. Finally, Zacks Research raised shares of International Seaways from a “hold” rating to a “strong-buy” rating in a research report 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 given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus 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.

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.