International Seaways falls after major shareholder discloses block sales

What happened

International Seaways (INSW) fell 2.8% on October 16, 2026, after filings showed Finance Ltd Famatown, identified as a major shareholder, sold multiple blocks of company stock across spring and early October, according to Defense World. The disclosures cited individual transactions ranging from 33,956 to 156,924 shares at prices between $81.28 and $117.08, with some individual sale values up to $12,754,782.72. Filings showed the insider’s reported holdings varied across notices (examples: 6,704,504; 6,765,720; 6,832,458; 7,503,570; 7,299,364; 7,149,594 shares).

How big was the move

The stock closed at $109.99, a decline that was 1.2 times a typical daily move for this stock and therefore an ordinary session. Trading volume was 1.0 times its 20-day average. The session's decline was 1.6 percentage points worse than the Industrials sector median, which fell 1.2% on the day, and it compared with a broader S&P 500 fall of 1.1%.

Over the last five sessions the stock fell 8.2% while the S&P 500 over five sessions fell 1.9%. The stock's market sensitivity is expressed by a beta of 0.72: the stock tends to move less than the market.

The technical picture

The stock opened 2.1% above the previous close and closed 3.0% below its 20-day moving average. It remained 4.2% above its 50-day moving average and 32.7% above its 200-day moving average, with the 50-day average above the 200-day average, a sign of an established uptrend. The stock has been above the 200-day average for 313 consecutive trading days.

Momentum indicators were neutral: the Relative Strength Index (14 days) was 47, inside the 30-to-70 neutral range. The share price was 12.9% below the 52-week high. Over one month the stock fell 0.5%; over three months it rose 24.4%; and over one year it rose 150.1%, which is 135.3 percentage points ahead of the S&P 500. Volatility was 37% annualized over 60 days, lower than 60% of its own readings over five years.

Fundamentals and valuation

For the four quarters through June 30, 2026, the company reported revenue of $1.26 billion, which grew 57.7% from a year earlier and followed revenue growth of 14.5% one quarter earlier. Diluted earnings per share for that period were $15.64, which rose 225.2% from a year earlier. Gross margin widened to 66.0% from 42.8% a year earlier, and operating margin increased to 58.7% from 33.0% a year earlier. Free-cash-flow margin was 21.4% and return on invested capital was 25.3%.

The balance sheet showed net debt of 0.4 times EBITDA. Share count over one year increased by 0.8%.

Valuation metrics included a price to trailing earnings of 7.0 times trailing earnings and price to forward earnings of 6.4 times expected earnings. The stock's price to trailing earnings was higher than 69% of its own readings over the past five years, where the five-year median was 5.7 times earnings. Free-cash-flow yield was 4.5%.

Earnings and analyst expectations

The last report was on August 10, 2026, when the company reported earnings per share of $5.91 against $5.55 expected, 6.5% above estimates. That marked six consecutive quarters beating estimates and an average surprise over the last four reports of 32.5% above estimates. The typical two-day reaction after recent reports was that the stock rose 0.5%.

The next report is scheduled for November 5, 2026. Thirteen analysts cover the stock, with a consensus rating of Buy and 77% of ratings at Buy. The consensus price target was $112.33, which is 2.1% above the closing price on October 16, 2026.

What to watch

• November 5, 2026: next earnings report date
• Recent insider filings showing sales on April 30; May 1–11; July 22; September 21–22; October 5–7, 2026
• Consensus price target $112.33, 2.1% above the closing price
• PromtFinance Momentum score 99 (Exceptional) and Growth score 92 (Exceptional)
• Market value $5.45 billion