International Seaways (INSW) 10% Owner Ltd Sells $9.5M of Stock

Famatown Finance Ltd, a significant owner of International Seaways, Inc. (NYSE: INSW), sold 104,428 shares of the company on July 22, 2026. The shares were sold at an average price of $90.54 each, amounting to a total transaction value of approximately $9.45 million. This transaction was not part of a pre-planned trading program.

International Seaways, Inc. Stock Up 0.9%

Shares of International Seaways, Inc. (NYSE: INSW) traded around $112.19 on Friday. The company has a market capitalization of about $5.4 billion. It holds a P/E ratio of 7.0, indicating its earnings relative to share price, and a forward P/E of 17.0. The stock's beta is -0.101, suggesting it has a low correlation with market movements. Over the past 52 weeks, the stock has ranged from a low of $42.26 to a high of $113.14. The 50-day moving average is $96.97, while the 200-day moving average stands at $76.76. International Seaways also maintains a strong liquidity position with a current ratio of 5.94 and a quick ratio of 5.65.

Recent Earnings

International Seaways reported revenue of approximately $1.26 billion, reflecting a growth rate of 1.4%. The company achieved a net margin of 61.8% and a return on equity of 37.4%. Earnings per share were $15.64. The next earnings announcement is anticipated on November 5, 2026.

Dividend

International Seaways, Inc. offers an attractive dividend rate of $8.18 per share, yielding 7.36% at current prices. The dividend payout ratio is 24.94%, indicating a sustainable dividend policy relative to its earnings.

About International Seaways, Inc.

International Seaways, Inc. operates a fleet of vessels that transport crude oil and petroleum products across the globe. Based in New York, the company is led by CEO Lois K. Zabrocky and employs around 2,837 people. Its operations are divided into two segments: Crude Tankers and Product Carriers. The company provides various services, including ship-to-ship lightering support and full-service lightering, meeting the needs of oil companies, traders, and government entities.

Bottom Line

This recent sale by Famatown Finance doesn't necessarily indicate a bearish outlook on International Seaways, Inc. Investors often track such insider moves for potential insights. As a reminder, 13F filings and insider transactions are backward-looking and may not reflect current positions. International Seaways continues to offer a solid dividend yield and retains a strong buy rating from analysts.