International Seaways Inc’s recently made public that its President & CEO Zabrocky Lois K unloaded Company’s shares for reported $77406.0 on Feb 18 ’25. In the deal valued at $38.70 per share,2,000 shares were sold. As a result of this transaction, Zabrocky Lois K now holds 145,045 shares worth roughly $5.26 million.
Then, Nugent William F. sold 1,000 shares, generating $39,100 in total proceeds. Upon selling the shares at $39.10, the Senior Vice President now owns 48,803 shares.
Before that, WILLIAM NUGENT bought 3,000 shares. International Seaways Inc shares valued at $116,970 were divested by the Officer at a price of $38.99 per share.
Stifel downgraded its International Seaways Inc [INSW] rating to a Hold from a a Buy in a research note published on October 23, 2024; the price target was decreased to $56 from $69. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who began to cover the stock in mid October with a ‘”a Buy”‘ rating. BTIG Research also remained covering INSW and has increased its forecast on July 27, 2022 with a “Buy” recommendation from previously “Neutral” rating. Jefferies started covering the stock on July 21, 2022. It rated INSW as “a Buy”.
Price Performance Review of INSW
On Tuesday, International Seaways Inc [NYSE:INSW] saw its stock fall -3.46% to $36.24. Over the last five days, the stock has lost -6.02%. International Seaways Inc shares have risen nearly 0.83% since the year began. Nevertheless, the stocks have fallen -21.63% over the past one year. While a 52-week high of $60.46 was reached on 01/13/25, a 52-week low of $32.11 was recorded on 01/03/25. SMA at 50 days reached $37.36, while 200 days put it at $48.45.
Levels Of Support And Resistance For INSW Stock
The 24-hour chart illustrates a support level at 35.65, which if violated will result in even more drops to 35.06. On the upside, there is a resistance level at 37.30. A further resistance level may holdings at 38.37. The Relative Strength Index (RSI) on the 14-day chart is 40.12, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.84, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.74%. Stochastics %K at 10.21% indicates the stock is a buying.
