International Seaways (INSW) 10% Owner Ltd Sells $3M of Stock
Famatown Finance offloads 35,250 shares of International Seaways, Inc.
Reviewed by automated data checks against the source filing. How we make and check alerts
Famatown Finance Ltd, 10% Owner at International Seaways, Inc. ($INSW), sold 35,250 shares at an average price of $85.08, worth about $3 million, on May 5, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $INSW is up 0.3% after 1 week, down 10.9% after 1 month and up 38.8% to date (from the $79.22 close on May 5, 2026).
INSW
International Seaways, Inc.
Key Points
- Famatown Finance, a 10% owner, sold 35,250 shares of International Seaways, Inc. on May 5, 2026, valued at approximately $2.99 million.
- Shares of International Seaways traded at $112.19 on Friday, with a market cap of about $5.4 billion and a P/E ratio of 7.0.
- International Seaways offers a dividend yield of 7.36% and has a strong buy recommendation with a target mean price of $107.17.
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Not investment advice. EarningsIQ is not a registered investment adviser, and this automated International Seaways, Inc. alert may contain errors. Disclosures
Famatown Finance, a significant shareholder in International Seaways, Inc. (NYSE:INSW), sold 35,250 shares on May 5, 2026. The transaction, valued at approximately $2.99 million, was executed at an average price of $85.09 per share. Famatown Finance is a 10% owner of the company and the sale was not part of a pre-planned trading program.
International Seaways, Inc. Stock Up 0.9%
Shares of International Seaways were trading near $112.19 on Friday. The company, which operates in the oil and gas midstream sector, has a market capitalization of about $5.4 billion. It has a P/E ratio of 7.0 and a forward P/E of 17.0, indicating current profitability but expectations for slower earnings growth. The stock's 52-week range is between $42.26 and $113.14. International Seaways boasts a strong liquidity position with a current ratio of 5.94 and a quick ratio of 5.65, alongside a modest debt-to-equity ratio of 28.82.
Recent Earnings
International Seaways reported revenue of approximately $1.26 billion, with a growth rate of 1.4%. The company achieved a net margin of 61.8% and a return on equity of 37.4%. Its earnings per share (EPS) stood at $15.64. Investors can look forward to the next earnings report scheduled for November 5, 2026.
Dividend
The company offers an attractive dividend with an annual rate of $8.18 and a yield of 7.36%. Its dividend payout ratio is 24.94%, providing a balance between rewarding shareholders and retaining earnings for growth. The ex-dividend date was not specified.
About International Seaways, Inc.
International Seaways, Inc. operates a fleet of oceangoing vessels, transporting crude oil and petroleum products globally. Based in New York, the company operates in the Crude Tankers and Product Carriers segments, with a fleet of 70 vessels. It serves a variety of clients, including oil companies and government entities. Lois K. Zabrocky is the CEO, overseeing a workforce of 2,837 employees.
Bottom Line
Famatown Finance's recent sale of International Seaways shares reflects typical insider trading activity, which investors often monitor for insights into management's outlook. While 13F filings and insider transactions provide historical data, they don't necessarily indicate future performance. International Seaways remains a notable player in the energy sector, offering a strong dividend yield and robust financial metrics.
Related Filing Alerts
Source: Famatown Finance Ltd's Form 4 filing on $INSW (May 5, 2026). Find the original filing: INSW Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts