International Seaways Inc’s filing revealed that its Senior Vice President Nugent William F. unloaded Company’s shares for reported $33890.0 on Feb 28 ’25. In the deal valued at $33.89 per share,1,000 shares were sold. As a result of this transaction, Nugent William F. now holds 55,852 shares worth roughly $1.92 million.
Then, Zabrocky Lois K sold 2,000 shares, generating $77,406 in total proceeds. Upon selling the shares at $38.70, the President & CEO now owns 145,045 shares.
Before that, Nugent William F. sold 1,000 shares. International Seaways Inc shares valued at $39,100 were divested by the Senior Vice President at a price of $39.10 per share. As a result of the transaction, Nugent William F. now holds 48,803 shares, worth roughly $1.68 million.
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 jump 4.31% to $34.37. Over the last five days, the stock has lost -5.16%. International Seaways Inc shares have fallen nearly -4.37% since the year began. Nevertheless, the stocks have fallen -27.50% over the past one year. While a 52-week high of $60.46 was reached on 01/13/25, a 52-week low of $31.86 was recorded on 03/04/25. SMA at 50 days reached $37.29, while 200 days put it at $47.76.
Levels Of Support And Resistance For INSW Stock
The 24-hour chart illustrates a support level at 32.38, which if violated will result in even more drops to 30.40. On the upside, there is a resistance level at 35.67. A further resistance level may holdings at 36.98. The Relative Strength Index (RSI) on the 14-day chart is 38.36, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.11, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 72.54%. Stochastics %K at 13.36% indicates the stock is a buying.
