James Small III Sells 20,000 Shares of International Seaways (NYSE:INSW) Stock

International Seaways Inc. (NYSE:INSW) CAO James Small III sold 20,000 shares of the stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $75.37, for a total value of $1,507,400.00. Following the completion of the sale, the chief accounting officer directly owned 36,376 shares of the company’s stock, valued at $2,741,659.12. The trade was a 35.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

International Seaways Stock Down 3.8%

INSW traded down $2.89 during mid-day trading on Thursday, reaching $72.55. 912,286 shares of the stock were exchanged, compared to its average volume of 595,200. International Seaways Inc. has a 1 year low of $27.20 and a 1 year high of $78.51. The company has a debt-to-equity ratio of 0.27, a quick ratio of 3.71 and a current ratio of 3.71. The stock has a market capitalization of $3.58 billion, a PE ratio of 11.65 and a beta of -0.23. The company has a 50 day moving average price of $59.44 and a two-hundred day moving average price of $52.27.

International Seaways (NYSE:INSW) last released its quarterly earnings results on Thursday, February 26th. The transportation company reported $2.45 earnings per share for the quarter, beating analysts’ consensus estimates of $1.75 by $0.70. International Seaways had a net margin of 36.67% and a return on equity of 13.92%. The company had revenue of $267.88 million for the quarter, compared to analyst estimates of $245.29 million. During the same period last year, the firm earned $0.90 earnings per share. The firm’s revenue was up 37.7% on a year-over-year basis. As a group, research analysts anticipate that International Seaways Inc. will post 7.77 EPS for the current year.

International Seaways Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Shareholders of record on Friday, March 20th will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, March 20th. This represents a $0.48 annualized dividend and a dividend yield of 0.7%. International Seaways’s dividend payout ratio (DPR) is currently 7.70%.

Wall Street Analyst Weigh In

A number of brokerages recently commented on INSW. Zacks Research raised International Seaways from a “hold” rating to a “strong-buy” rating in a research report on Monday. BTIG Research raised their target price on International Seaways from $70.00 to $80.00 and gave the company a “buy” rating in a research report on Thursday, February 26th. Benchmark reiterated a “buy” rating on shares of International Seaways in a research note on Thursday, February 26th. Pareto Securities upgraded shares of International Seaways from a “hold” rating to a “buy” rating and set a $64.00 price target for the company in a research report on Tuesday, January 20th. Finally, Wall Street Zen downgraded shares of International Seaways from a “buy” rating to a “hold” rating in a report on Saturday, February 7th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $64.00.

More International Seaways News

Here are the key news stories impacting International Seaways this week:

• Positive Sentiment: Zacks upgraded INSW to a “Strong Buy” and flagged the name on a recent‑price‑strength screen, which can attract momentum buyers and support the rally. Read More.
• Positive Sentiment: Seeking Alpha published a bullish note highlighting INSW’s strong Q4 beat (revenue and EPS upside) and improved operating margins; the piece argues the company is positioned to capture upside if tanker rates remain firm. Read More.
• Neutral Sentiment: The board announced a small quarterly dividend ($0.12/share; record Mar 20, pay Mar 30) — a signal of cash returns but immaterial yield versus recent price moves. Read More.
• Neutral Sentiment: Institutional investors have been adjusting positions (several funds added shares), which supports liquidity and longer‑term interest but doesn’t preclude near‑term volatility. Read More.
• Negative Sentiment: Director Alexandra Kate Blankenship sold 4,000 shares at ~$75.69 on Mar 2 (≈20.8% reduction in her stake); disclosed in an SEC Form 4 filing. Read More.
• Negative Sentiment: SVP Derek G. Solon sold 6,000 shares at ~$75.41 on Mar 2 (≈10.5% reduction); another insider sale that can weigh on sentiment. Read More.
• Negative Sentiment: SVP William F. Nugent sold 9,583 shares at $76.00 on Mar 2 (≈15.4% reduction); the aggregation of multiple executive sales increases short‑term downside risk if momentum fades. Read More.

Institutional Investors Weigh In On International Seaways

Several institutional investors have recently added to or reduced their stakes in the business. Oregon Public Employees Retirement Fund boosted its holdings in International Seaways by 2.2% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 9,300 shares of the transportation company’s stock valued at $452,000 after purchasing an additional 200 shares during the period. Arizona State Retirement System raised its position in shares of International Seaways by 1.7% in the third quarter. Arizona State Retirement System now owns 12,409 shares of the transportation company’s stock worth $572,000 after buying an additional 206 shares in the last quarter. ProShare Advisors LLC boosted its stake in International Seaways by 3.2% during the fourth quarter. ProShare Advisors LLC now owns 7,825 shares of the transportation company’s stock valued at $380,000 after buying an additional 241 shares during the period. Evergreen Capital Management LLC grew its position in International Seaways by 2.9% during the third quarter. Evergreen Capital Management LLC now owns 9,832 shares of the transportation company’s stock worth $453,000 after buying an additional 274 shares in the last quarter. Finally, Guggenheim Capital LLC grew its position in International Seaways by 1.4% during the fourth quarter. Guggenheim Capital LLC now owns 19,760 shares of the transportation company’s stock worth $959,000 after buying an additional 275 shares in the last quarter. 67.29% of the stock is owned by hedge funds and other institutional investors.

About International Seaways

International Seaways, Inc (NYSE: INSW) is an independent tanker company that provides seaborne transportation services to oil companies, commodity traders and national oil companies. The firm’s operations focus on the carriage of crude oil and refined petroleum products, offering both time­ charter and voyage­ charter arrangements. With a modern fleet of very large crude carriers (VLCCs), Suezmax and Aframax tankers, as well as medium range (MR) and Handy product tankers, International Seaways supports global energy supply chains across major trade routes.

Founded in 1997 as Diamond S Shipping, the company completed its initial public offering in the late 1990s and rebranded to International Seaways in September 2018.