Insider Sale: President & CEO Lois Zabrocky Sells Shares of International Seaways Inc (INSW)

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Nov 19, 2024

President & CEO Lois Zabrocky sold 2,000 shares of International Seaways Inc (INSW, Financial) on November 15, 2024, as reported in a recent SEC Filing. Following this transaction, the insider now owns 151,475 shares of the company.

International Seaways Inc operates a fleet of tankers for the transportation of crude oil and petroleum products. The company is a significant player in the global energy shipping sector.

Over the past year, Lois Zabrocky has sold a total of 43,000 shares and has not purchased any shares. The insider transaction history for International Seaways Inc shows a total of 43 insider sells and no insider buys over the past year.

Shares of International Seaways Inc were trading at $41.83 on the day of the transaction. The company has a market cap of $2.063 billion. The price-earnings ratio of the stock is 4.06, which is lower than both the industry median of 11.515 and the company’s historical median.

The GF Value of International Seaways Inc is $48.02, indicating that the stock is Modestly Undervalued with a price-to-GF-Value ratio of 0.87.

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The GF Value is calculated based on historical multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted by a GuruFocus factor based on past returns and growth, and future business performance estimates from Morningstar analysts.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.