Alexandra Kate Blankenship Sells 5,000 Shares of International Seaways (NYSE:INSW) Stock

International Seaways Inc. (NYSE:INSW) Director Alexandra Kate Blankenship sold 5,000 shares of the firm’s stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $74.88, for a total value of $374,400.00. Following the completion of the transaction, the director owned 10,213 shares in the company, valued at $764,749.44. This represents a 32.87% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Alexandra Kate Blankenship also recently made the following trade(s):

• On Monday, March 2nd, Alexandra Kate Blankenship sold 4,000 shares of International Seaways stock. The shares were sold at an average price of $75.69, for a total value of $302,760.00.

International Seaways Trading Down 4.1%

Shares of International Seaways stock opened at $70.35 on Thursday. The company has a market capitalization of $3.48 billion, a P/E ratio of 11.29 and a beta of -0.23. The stock has a fifty day simple moving average of $61.88 and a 200 day simple moving average of $53.31. International Seaways Inc. has a 12-month low of $27.20 and a 12-month high of $78.51. The company has a current ratio of 3.71, a quick ratio of 3.71 and a debt-to-equity ratio of 0.27.

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

International Seaways Announces Dividend

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

Hedge Funds Weigh In On International Seaways

Large investors have recently modified their holdings of the business. First Horizon Corp lifted its stake in shares of International Seaways by 121.6% during the 4th quarter. First Horizon Corp now owns 687 shares of the transportation company’s stock valued at $33,000 after buying an additional 377 shares in the last quarter. Federated Hermes Inc. raised its holdings in International Seaways by 99.5% during the 3rd quarter. Federated Hermes Inc. now owns 758 shares of the transportation company’s stock valued at $35,000 after acquiring an additional 378 shares during the period. Leonteq Securities AG bought a new stake in International Seaways during the 4th quarter valued at $44,000. Garton & Associates Financial Advisors LLC purchased a new stake in shares of International Seaways during the fourth quarter worth $46,000. Finally, Founders Capital Management lifted its position in shares of International Seaways by 37.5% during the fourth quarter. Founders Capital Management now owns 1,100 shares of the transportation company’s stock worth $53,000 after acquiring an additional 300 shares in the last quarter. Hedge funds and other institutional investors own 67.29% of the company’s stock.

Key Headlines Impacting International Seaways

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

• Positive Sentiment: Earnings estimates are being revised up, which supports the company’s outlook and could underpin further upside if momentum continues. Earnings Estimates Moving Higher for INSW
• Positive Sentiment: Major dealers raised targets and ratings recently (Deutsche Bank boosted its price target to $80 and other firms upgraded/raised targets), providing analyst support for the stock. Deutsche Bank Increases INSW Price Target
• Positive Sentiment: Institutional buying and larger hedge‑fund positions have increased over recent quarters, which can stabilize shares and provide longer‑term demand. MarketBeat INSW Summary
• Neutral Sentiment: The company declared a small quarterly dividend ($0.12 per share, annualized $0.48), a limited yield that’s unlikely to materially move the stock but adds a modest cash return. Dividend & Company Details
• Negative Sentiment: Several insiders and directors sold meaningful stakes this week (including sales by Director Alexandra Blankenship and Director Randee E. Day), which often signals management profit‑taking and can pressure the stock short term. Blankenship Form 4 Day Form 4
• Negative Sentiment: Treasurer Debra Grillo sold 389 shares (disclosed in a Form 4), a smaller but visible insider reduction that reinforces the near‑term selling narrative. InsiderTrades: Grillo Sale

Analyst Ratings Changes

A number of brokerages have issued reports on INSW. Benchmark reaffirmed a “buy” rating on shares of International Seaways in a research report on Thursday, February 26th. Zacks Research upgraded International Seaways from a “hold” rating to a “strong-buy” rating in a research note on Monday, March 2nd. Wall Street Zen raised International Seaways from a “hold” rating to a “buy” rating in a report on Saturday, March 7th. Deutsche Bank Aktiengesellschaft increased their price target on International Seaways from $63.00 to $80.00 and gave the company a “buy” rating in a research report on Monday. Finally, BTIG Research lifted their price target on International Seaways from $70.00 to $80.00 and gave the stock a “buy” rating in a report on Thursday, February 26th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, International Seaways currently has a consensus rating of “Buy” and an average target price of $68.00.

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.