International Seaways (INSW) 10% Owner Ltd Sells $13M of Stock
Famatown Finance sold 156,924 shares of International Seaways for over $12.75 million.
Reviewed by automated data checks against the source filing. How we make and check alerts
Famatown Finance Ltd, 10% Owner at International Seaways, Inc. ($INSW), sold 156,924 shares at an average price of $81.28, worth about $12.75 million, on April 30, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $INSW is up 8.7% after 1 week, down 4.7% after 1 month and up 47.4% to date (from the $74.60 close on Apr 30, 2026).
INSW
International Seaways, Inc.
Key Points
- Famatown Finance sold 156,924 shares of International Seaways, Inc. on April 30, 2026, for a total of $12.75 million.
- Shares of International Seaways traded at $112.19 on Friday, with a market cap of $5.40 billion and a P/E ratio of 7.0.
- International Seaways offers a 7.36% dividend yield, with a payout ratio of 24.94% and a strong buy consensus from analysts.
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Famatown Finance Ltd, a 10% owner of International Seaways, Inc. (NYSE:INSW), sold 156,924 shares of the company on April 30, 2026. The shares were sold at an average price of $81.28 each, totaling approximately $12.75 million. This sale was not part of a pre-planned 10b5-1 trading plan.
International Seaways, Inc. Stock Up 0.9%
Shares of NYSE:INSW were trading near $112.19 on Friday. International Seaways has a market capitalization of about $5.40 billion and a P/E ratio of 7.0. The stock's 52-week range has been between $42.26 and $113.14. Its 50-day moving average is $96.97, and the 200-day moving average is $76.76. The company has a current ratio of 5.94, a quick ratio of 5.65, and a debt-to-equity ratio of 28.82.
Recent Earnings
International Seaways reported revenue of $1.26 billion, with a revenue growth of 1.4%. The company's net margin stands at 61.77%, and it achieved a return on equity of 37.41%. The next earnings report is expected on November 5, 2026.
Dividend
International Seaways offers an annual dividend rate of $8.18, providing a yield of 7.36%. The dividend payout ratio is 24.94%, indicating a sustainable payout relative to earnings.
About International Seaways
International Seaways, Inc. owns and operates a fleet of oceangoing vessels transporting crude oil and petroleum products globally. Operating from New York, the company runs two main segments: Crude Tankers and Product Carriers. Its fleet includes VLCCs, Suezmaxes, and Aframaxes, along with MR, LR1, and LR2 product carriers. The company serves major oil companies, traders, and refineries, providing services like ship-to-ship lightering.
Bottom Line
The recent sale by Famatown Finance highlights a significant insider transaction at International Seaways. Investors often track such moves for potential insights into the company's valuation. It's important to remember that insider transactions are disclosed after the fact and may not reflect the current position. International Seaways, with its strong market presence and solid financials, remains a key player in the energy sector.
Related Filing Alerts
Source: Famatown Finance Ltd's Form 4 filing on $INSW (Apr 30, 2026). Find the original filing: INSW Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts