Insider Selling: International Seaways (NYSE:INSW) Major Shareholder Sells 135,000 Shares of Company Stock

Posted by Stanley Muller on Oct 16th, 2026

International Seaways Inc. (NYSE:INSW – Get Free Report) major shareholder Finance Ltd Famatown sold 135,000 shares of the stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $87.48, for a total transaction of $11,809,800.00. Following the completion of the transaction, the insider directly owned 7,333,320 shares of the company’s stock, valued at $641,518,833.60. This trade represents a 1.81% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 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 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 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 transaction 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 transaction of $9,454,911.12.

International Seaways Price Performance

Shares of NYSE INSW traded down $1.17 during midday trading on Friday, reaching $111.94. 150,199 shares of the company were exchanged, compared to its average volume of 606,217. The stock’s 50-day moving average price is $105.33 and its 200-day moving average price is $90.94. The stock has a market cap of $5.54 billion, a P/E ratio of 7.16, a PEG ratio of 0.29 and a beta of -0.14. International Seaways Inc. has a one year low of $44.73 and a one year high of $126.27. 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 (NYSE:INSW – Get Free Report) last released its quarterly earnings data on Monday, August 10th. The transportation company reported $5.91 earnings per share (EPS) for the quarter, beating the consensus estimate 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 return on equity of 31.75% and a net margin of 61.98%. The firm’s revenue was up 138.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.02 earnings per share. On average, sell-side analysts anticipate that International Seaways Inc. will post 17.08 earnings per share for the current fiscal year.

International Seaways Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 24th. Shareholders of record on Thursday, September 10th were issued a dividend of $5.05 per share. This represents a $20.20 dividend on an annualized basis and a yield of 18.0%. The ex-dividend date of this dividend was Thursday, September 10th. This is a positive change from International Seaways’s previous quarterly dividend of $0.12. International Seaways’s payout ratio is presently 129.16%.

Trending Headlines about 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 Trading of International Seaways

A number of institutional investors and hedge funds have recently added to or reduced their stakes in INSW. BlackRock Inc. bought a new position in International Seaways during the 2nd quarter worth approximately $505,153,000. Arrowstreet Capital Limited Partnership lifted its position in shares of International Seaways by 167.6% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 608,265 shares of the transportation company’s stock worth $44,330,000 after purchasing an additional 380,931 shares during the period. Bank of New York Mellon Corp acquired a new position in shares of International Seaways in the 2nd quarter worth approximately $21,082,000. Empowered Funds LLC bought a new stake in shares of International Seaways in the 2nd quarter valued at $19,711,000. Finally, Acorn Financial Advisory Services Inc. ADV bought a new stake in shares of International Seaways in the 1st quarter valued at $13,145,000. Institutional investors and hedge funds own 67.29% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on INSW shares. BTIG Research raised their price target on shares of International Seaways from $100.00 to $130.00 and gave the company a “buy” rating in a research note on Friday, September 18th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $107.00 price objective on shares of International Seaways in a report on Tuesday, September 1st. B. Riley Financial increased their price objective on International Seaways from $120.00 to $140.00 and gave the company a “buy” rating in a report on Monday, October 5th. Zacks Research raised International Seaways from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 7th. Finally, Jefferies Financial Group lifted their target price on International Seaways from $100.00 to $108.00 and gave the stock a “buy” rating in a report on Thursday, August 13th. One 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. According to data from MarketBeat, International Seaways has an average rating of “Buy” and a consensus target price of $109.80.

Read Our Latest Stock Report on International Seaways

About International Seaways

(Get Free Report)

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.