International Seaways (INSW) 10% Owner Ltd Sells $7.8M of Stock
Famatown Finance sold 66,738 shares of International Seaways, Inc., valued at $7.81 million.
Reviewed by automated data checks against the source filing. How we make and check alerts
Famatown Finance Ltd, 10% Owner at International Seaways, Inc. ($INSW), sold 66,738 shares at an average price of $117.03, worth about $7.81 million, on October 6, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $INSW is up 7.4% after 1 week and down 5.6% to date (from the $116.46 close on Oct 6, 2026).
INSW
International Seaways, Inc.
Key Points
- Famatown Finance sold 66,738 shares of International Seaways, Inc. (INSW) for $7.81 million on October 6, 2026.
- International Seaways has a market cap of $5.40 billion, a P/E ratio of 6.98, and a 52-week range of $42.26 to $113.14.
- The company pays an annual dividend of $8.18, yielding 7.36%, with a payout ratio of 24.94%.
Get $INSW trade alerts by text
We text you when insiders, Congress or big funds trade $INSW. Free.
Not investment advice. EarningsIQ is not a registered investment adviser, and this automated International Seaways, Inc. alert may contain errors. Disclosures
Famatown Finance Ltd sold 66,738 shares of International Seaways, Inc. (NYSE: INSW) on October 6, 2026. The shares were sold at an average price of $117.03, bringing the total transaction value to approximately $7.81 million. Famatown Finance is a 10% owner of the company.
International Seaways, Inc. Stock Up 0.9%
Shares of NYSE:INSW traded near $112.19 on Friday. International Seaways has a market capitalization of about $5.40 billion and a P/E ratio of 6.98. The stock's 52-week low is $42.26, while the high is $113.14. It has a 50-day moving average of $96.97 and a 200-day moving average of $76.76. The company's beta is -0.101, indicating lower volatility compared to the market.
Recent Earnings
International Seaways reported revenues of $1.26 billion, with a revenue growth rate of 1.4%. The company's earnings per share (EPS) stands at $15.64, with a net margin of 61.77% and a return on equity (ROE) of 37.41%. The next earnings report is expected on November 5, 2026.
Dividend
International Seaways offers an annual dividend rate of $8.18, yielding 7.36%. The company's dividend payout ratio is 24.94%, reflecting its commitment to returning value to shareholders.
About International Seaways, Inc.
International Seaways, Inc., based in New York, operates a fleet of oceangoing vessels transporting crude oil and petroleum products. The company runs two segments: Crude Tankers and Product Carriers. Its fleet includes various vessels such as VLCCs, Suezmaxes, and Aframaxes, as well as MRs, LR1, and LR2 product carriers. The company serves independent and state-owned oil firms, oil traders, refinery operators, and government entities. Lois K. Zabrocky serves as the CEO, leading a team of 2,837 employees.
Related Filing Alerts
Source: Famatown Finance Ltd's Form 4 filing on $INSW (Oct 6, 2026). Find the original filing: INSW Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts