International Seaways (NYSE:INSW) Major Shareholder Sells 66,738 Shares of Company Stock

Posted by Brian Himes on Oct 16th, 2026

International Seaways Inc. (NYSE:INSW – Get Free Report) major shareholder Finance Ltd Famatown sold 66,738 shares of International Seaways stock in a transaction on Tuesday, October 6th. The stock was sold at an average price of $117.03, for a total transaction of $7,810,348.14. Following the transaction, the insider directly owned 6,765,720 shares of the company’s stock, valued at $791,792,211.60. The trade was a 0.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Large shareholders that own more than 10% of a company’s stock 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 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 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 stock was 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 stock was 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 stock was sold at an average price of $90.54, for a total transaction of $9,454,911.12.

International Seaways Trading Down 1.1%

NYSE:INSW traded down $1.26 during mid-day trading on Friday, hitting $111.85. 150,199 shares of the stock traded hands, compared to its average volume of 606,217. The stock has a market capitalization 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 Inc. has a 52 week low of $44.73 and a 52 week high of $126.27. The firm’s 50 day moving average is $105.33 and its two-hundred day moving average is $90.94. 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 posted its quarterly earnings data on Monday, August 10th. The transportation company reported $5.91 earnings per share for the quarter, topping analysts’ consensus estimates of $5.55 by $0.36. The company had revenue of $467.29 million for the quarter, compared to analyst estimates of $406.38 million. International Seaways had a net margin of 61.98% and a return on equity of 31.75%. The firm’s revenue for the quarter was up 138.9% on a year-over-year basis. During the same period in the prior year, the company posted $1.02 EPS. On average, equities research analysts predict that International Seaways Inc. will post 17.08 earnings per share for the current 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 given a dividend of $5.05 per share. This represents a $20.20 annualized dividend and a dividend yield of 18.1%. This is a boost from International Seaways’s previous quarterly dividend of $0.12. The ex-dividend date was Thursday, September 10th. International Seaways’s dividend payout ratio (DPR) is presently 129.16%.

Analysts Set New Price Targets

Several brokerages have recently weighed in on INSW. 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 report on Monday, October 5th. Jefferies Financial Group boosted their price objective on International Seaways from $100.00 to $108.00 and gave the company a “buy” rating in a report on Thursday, August 13th. BTIG Research raised their price target on shares of International Seaways from $100.00 to $130.00 and gave the stock a “buy” rating in a research note on Friday, September 18th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $107.00 price objective on shares of International Seaways in a research report on Tuesday, September 1st. 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 research 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 company’s stock. According to MarketBeat, International Seaways presently has a consensus rating of “Buy” and a consensus price target of $109.80.

Check Out Our Latest Analysis on International Seaways

Key Headlines Impacting 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 hedge funds have recently bought and sold shares of INSW. EverSource Wealth Advisors LLC grew its position in International Seaways by 11.2% during the first quarter. EverSource Wealth Advisors LLC now owns 1,169 shares of the transportation company’s stock worth $85,000 after buying an additional 118 shares during the period. Allworth Financial LP boosted its stake in shares of International Seaways by 23.4% during the 2nd quarter. Allworth Financial LP now owns 623 shares of the transportation company’s stock worth $48,000 after acquiring an additional 118 shares in the last quarter. GAMMA Investing LLC boosted its stake in shares of International Seaways by 4.0% during the 2nd quarter. GAMMA Investing LLC now owns 4,606 shares of the transportation company’s stock worth $353,000 after acquiring an additional 178 shares in the last quarter. Mather Group LLC. boosted its stake in shares of International Seaways by 100.0% during the 3rd quarter. Mather Group LLC. now owns 400 shares of the transportation company’s stock worth $44,000 after acquiring an additional 200 shares in the last quarter. Finally, PNC Financial Services Group Inc. boosted its stake in shares of International Seaways by 16.4% during the 1st quarter. PNC Financial Services Group Inc. now owns 2,074 shares of the transportation company’s stock worth $151,000 after acquiring an additional 292 shares in the last quarter. Hedge funds and other institutional investors own 67.29% of the company’s stock.

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.

Insider Buying and Selling by Quarter for International Seaways (NYSE:INSW)

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