International Seaways (NYSE:INSW) Major Shareholder Finance Ltd Famatown Sells 150,000 Shares of Company Stock

Posted by Francis Steltz on Oct 17th, 2026

International Seaways Inc. (NYSE:INSW – Get Free Report) major shareholder Finance Ltd Famatown sold 150,000 shares of the company’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $82.16, for a total transaction of $12,324,000.00. Following the completion of the sale, the insider directly owned 7,503,570 shares in the company, valued at approximately $616,493,311.20. The trade was a 1.96% 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. Major 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 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 shares were 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 shares were 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 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 stock was sold at an average price of $90.54, for a total value of $9,454,911.12.

International Seaways Price Performance

Shares of INSW traded down $3.12 during trading hours on Friday, hitting $109.99. The stock had a trading volume of 844,082 shares, compared to its average volume of 807,338. The company’s fifty day moving average is $105.69 and its two-hundred day moving average is $91.08. 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 Inc. has a 52 week low of $44.73 and a 52 week high of $126.27. The stock has a market capitalization of $5.45 billion, a price-to-earnings ratio of 7.03, a P/E/G ratio of 0.27 and a beta of -0.14.

International Seaways (NYSE:INSW – Get Free Report) last announced its earnings results on Monday, August 10th. The transportation company reported $5.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 analysts’ expectations of $406.38 million. During the same quarter last year, the company posted $1.02 EPS. The firm’s revenue for the quarter was up 138.9% on a year-over-year basis. On average, analysts anticipate that International Seaways Inc. will post 17.08 EPS for the current year.

International Seaways Increases Dividend

The company 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. This is a positive change from International Seaways’s previous quarterly dividend of $0.12. This represents a $20.20 annualized dividend and a yield of 18.4%. The ex-dividend date of this dividend was Thursday, September 10th. International Seaways’s payout ratio is currently 129.16%.

International Seaways News Roundup

Here are the key news stories impacting International Seaways this week:

Positive Sentiment: Fleet expansion announced: International Seaways agreed to acquire Bruton Limited in transactions valuing the target at approximately $370 million. The deal would add four VLCC vessels, including newbuildings, expanding INSW’s crude-oil tanker capacity and potentially increasing future revenue and cash flow. International Seaways Expands VLCC Fleet Through Strategic Combination with Bruton Limited
Positive Sentiment: Analyst price-target increase: B. Riley raised its target for INSW to $140, signaling continued confidence in the company’s earnings outlook and tanker-sector prospects. B. Riley lifts target for International Seaways stock to USD 140
Positive Sentiment: Preliminary third-quarter update: INSW reported preliminary third-quarter net income and revenue and provided earnings guidance ahead of its scheduled November 5 results release. The update gives investors additional visibility into operating performance. International Seaways Reports Preliminary Q3 Net Income, Revenue; Plans Acquisition of Bruton
Neutral Sentiment: Results date scheduled: International Seaways will release full third-quarter 2026 results before the market opens on November 5, followed by an investor conference call. International Seaways to Announce Third Quarter 2026 Results
Negative Sentiment: Major shareholder continues selling: Finance Ltd Famatown disclosed sales totaling roughly 228,000 INSW shares from October 5–8 at average prices of about $115–$119, reducing its holdings by approximately 3.3% over those transactions. Although the shareholder still owns more than 6.7 million shares, the repeated selling can raise concerns about near-term supply and insider confidence. SEC ownership filing

Hedge Funds Weigh In On International Seaways

Large investors have recently modified their holdings of the stock. BlackRock Inc. acquired a new position in shares of International Seaways during the second quarter worth approximately $505,153,000. Dimensional Fund Advisors LP increased its holdings in shares of International Seaways by 1.8% in the first quarter. Dimensional Fund Advisors LP now owns 3,024,755 shares of the transportation company’s stock valued at $220,436,000 after purchasing an additional 52,743 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in shares of International Seaways by 167.6% in the first quarter. Arrowstreet Capital Limited Partnership now owns 608,265 shares of the transportation company’s stock valued at $44,330,000 after purchasing an additional 380,931 shares in the last quarter. Bank of New York Mellon Corp bought a new position in International Seaways in the 2nd quarter worth approximately $21,082,000. Finally, Bridgeway Capital Management LLC raised its position 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 purchasing an additional 27,818 shares during the last quarter. 67.29% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on INSW. BTIG Research lifted their target price 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 reissued a “buy” rating and issued a $107.00 target price on shares of International Seaways in a report on Tuesday, September 1st. B. Riley Financial increased their price target on International Seaways from $120.00 to $140.00 and gave the stock a “buy” rating in a research report on Monday, October 5th. Weiss Ratings raised International Seaways from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, October 8th. Finally, Zacks Research upgraded International Seaways from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 7th. One research analyst has rated the stock with a Strong Buy rating, six have assigned 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 an average target price of $109.80.

Check Out Our Latest Stock Report on INSW

International Seaways Company Profile

(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.