International Seaways (NYSE:INSW) Major Shareholder Finance Ltd Famatown Sells 61,216 Shares of Stock

Posted by Francis Steltz on Oct 17th, 2026

International Seaways Inc. (NYSE:INSW – Get Free Report) major shareholder Finance Ltd Famatown sold 61,216 shares of the business’s stock in a transaction that occurred on Wednesday, October 7th. The stock was sold at an average price of $117.08, for a total transaction of $7,167,169.28. Following the sale, the insider owned 6,704,504 shares of the company’s stock, valued at $784,963,328.32. This represents a 0.90% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Large 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 shares were sold at an average price of $118.50, for a total transaction of $23,700.00.
On Tuesday, October 6th, Finance Ltd Famatown sold 66,738 shares of International Seaways stock. The shares were 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 stock was 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 Stock Performance

NYSE INSW traded down $3.12 during trading hours on Friday, hitting $109.99. The company had a trading volume of 844,082 shares, compared to its average volume of 807,338. The company has a debt-to-equity ratio of 0.27, a quick ratio of 5.76 and a current ratio of 5.94. 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 $5.45 billion, a PE ratio of 7.03, a price-to-earnings-growth ratio of 0.27 and a beta of -0.14. The business has a 50 day moving average of $105.69 and a 200-day moving average of $91.08.

International Seaways (NYSE:INSW – Get Free Report) 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. International Seaways had a return on equity of 31.75% and a net margin of 61.98%. The company had revenue of $467.29 million for the quarter, compared to analyst estimates of $406.38 million. During the same quarter last year, the company posted $1.02 earnings per share. The business’s quarterly revenue was up 138.9% compared to the same quarter last year. As a group, equities research analysts expect that International Seaways Inc. will post 17.08 EPS for the current year.

International Seaways Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 24th. Investors of record on Thursday, September 10th were given a $5.05 dividend. This is a boost from International Seaways’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend was Thursday, September 10th. This represents a $20.20 dividend on an annualized basis and a dividend yield of 18.4%. International Seaways’s payout ratio is currently 129.16%.

Key Headlines Impacting International Seaways

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

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on INSW. Jefferies Financial Group raised their price target on International Seaways from $100.00 to $108.00 and gave the stock a “buy” rating in a research note on Thursday, August 13th. Zacks Research upgraded International Seaways from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 7th. Weiss Ratings raised International Seaways from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, October 8th. B. Riley Financial raised their target price on shares of International Seaways from $120.00 to $140.00 and gave the stock a “buy” rating in a research report on Monday, October 5th. Finally, BTIG Research raised their target price on shares of International Seaways from $100.00 to $130.00 and gave the stock a “buy” rating in a research report on Friday, September 18th. 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 company. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $109.80.

View Our Latest Report on INSW

Institutional Investors Weigh In On International Seaways

A number of institutional investors and hedge funds have recently made changes to their positions in the business. BlackRock Inc. acquired a new stake in shares of International Seaways during the second quarter worth about $505,153,000. Dimensional Fund Advisors LP increased 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 acquiring an additional 52,743 shares during the period. Arrowstreet Capital Limited Partnership increased 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 acquiring an additional 380,931 shares during the period. Bridgeway Capital Management LLC increased 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 valued at $20,133,000 after acquiring an additional 27,818 shares during the period. Finally, Bank of New York Mellon Corp acquired a new position in International Seaways in the 2nd quarter valued at about $21,082,000. 67.29% of the stock is owned by hedge funds and other institutional investors.

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.

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