Derek Solon Sells 4,700 Shares of International Seaways (NYSE:INSW) Stock

Posted by Geri Gentry on May 13th, 2026

International Seaways Inc. (NYSE:INSW – Get Free Report) SVP Derek Solon sold 4,700 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $89.22, for a total value of $419,334.00. Following the completion of the transaction, the senior vice president owned 49,719 shares of the company’s stock, valued at approximately $4,435,929.18. The trade was a 8.64% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

International Seaways Stock Down 3.4%

Shares of INSW traded down $3.01 on Wednesday, reaching $85.39. The stock had a trading volume of 663,700 shares, compared to its average volume of 593,206. The firm has a market capitalization of $4.23 billion, a price-to-earnings ratio of 7.78 and a beta of -0.09. The company has a debt-to-equity ratio of 0.26, a quick ratio of 7.28 and a current ratio of 7.34. The company has a 50-day simple moving average of $75.73 and a 200-day simple moving average of $62.21. International Seaways Inc. has a 12-month low of $35.60 and a 12-month high of $92.66.

International Seaways (NYSE:INSW – Get Free Report) last released its earnings results on Thursday, May 7th. The transportation company reported $3.90 EPS for the quarter, beating analysts’ consensus estimates of $2.87 by $1.03. The company had revenue of $325.48 million during the quarter, compared to analysts’ expectations of $279.34 million. International Seaways had a return on equity of 21.04% and a net margin of 55.39%.The firm’s revenue for the quarter was up 77.5% compared to the same quarter last year. During the same quarter last year, the business posted $0.80 EPS. Sell-side analysts predict that International Seaways Inc. will post 13.6 EPS for the current year.

International Seaways Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Friday, June 12th will be given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Friday, June 12th. International Seaways’s dividend payout ratio (DPR) is 4.37%.

Analysts Set New Price Targets

A number of brokerages have issued reports on INSW. Zacks Research cut International Seaways from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 28th. Wall Street Zen upgraded International Seaways from a “buy” rating to a “strong-buy” rating in a research note on Monday, April 13th. Jefferies Financial Group reiterated a “buy” rating and set a $100.00 price objective on shares of International Seaways in a research note on Friday, May 8th. Pareto Securities upgraded International Seaways from a “hold” rating to a “buy” rating and set a $64.00 price objective for the company in a research note on Tuesday, January 20th. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on International Seaways from $63.00 to $80.00 and gave the company a “buy” rating in a research note on Monday, March 9th. Six investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, International Seaways currently has a consensus rating of “Moderate Buy” and an average price target of $83.50.

Read Our Latest Report on INSW

Institutional Trading of International Seaways

A number of institutional investors and hedge funds have recently modified their holdings of INSW. Amundi bought a new stake in shares of International Seaways in the 4th quarter worth $13,663,000. Acorn Financial Advisory Services Inc. ADV bought a new stake in shares of International Seaways in the 1st quarter worth $13,145,000. Tudor Investment Corp ET AL bought a new stake in shares of International Seaways in the 4th quarter worth $7,087,000. American Century Companies Inc. increased its holdings in shares of International Seaways by 7.5% in the 3rd quarter. American Century Companies Inc. now owns 1,994,978 shares of the transportation company’s stock worth $91,929,000 after purchasing an additional 139,868 shares in the last quarter. Finally, Frontier Capital Management Co. LLC increased its holdings in shares of International Seaways by 105.2% in the 2nd quarter. Frontier Capital Management Co. LLC now owns 270,386 shares of the transportation company’s stock worth $9,864,000 after purchasing an additional 138,625 shares in the last quarter. Institutional investors own 67.29% of the company’s stock.

About International Seaways

(Get Free Report)

International Seaways, Inc (NYSE: INSW) is an independent tanker company that provides seaborne transportation services to oil companies, commodity traders and national oil companies. The firm’s operations focus on the carriage of crude oil and refined petroleum products, offering both time charter and voyage charter arrangements. With a modern fleet of very large crude carriers (VLCCs), Suezmax and Aframax tankers, as well as medium range (MR) and Handy product tankers, International Seaways supports global energy supply chains across major trade routes.

Founded in 1997 as Diamond S Shipping, the company completed its initial public offering in the late 1990s and rebranded to International Seaways in September 2018.