International Seaways Inc’s recent filing unveils that its President & CEO Zabrocky Lois K unloaded Company’s shares for reported $69323.0 on Mar 17 ’25. In the deal valued at $34.66 per share,2,000 shares were sold. As a result of this transaction, Zabrocky Lois K now holds 179,557 shares worth roughly $6.16 million.
Then, LOIS K ZABROCKY bought 8,000 shares, generating $268,400 in total proceeds.
Before that, Solon Derek G. sold 4,400 shares. International Seaways Inc shares valued at $146,898 were divested by the Senior Vice President at a price of $33.39 per share. As a result of the transaction, Solon Derek G. now holds 50,453 shares, worth roughly $1.73 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 fall -0.69% to $34.32. Over the last five days, the stock has gained 6.35%. International Seaways Inc shares have fallen nearly -2.80% since the year began. Nevertheless, the stocks have fallen -27.52% over the past one year. While a 52-week high of $59.40 was reached on 01/13/25, a 52-week low of $31.14 was recorded on 03/04/25. SMA at 50 days reached $37.09, while 200 days put it at $46.25.
Levels Of Support And Resistance For INSW Stock
The 24-hour chart illustrates a support level at 34.03, which if violated will result in even more drops to 33.75. On the upside, there is a resistance level at 34.77. A further resistance level may holdings at 35.23. The Relative Strength Index (RSI) on the 14-day chart is 47.58, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.37, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 55.21%. Stochastics %K at 41.38% indicates the stock is a holding.
How much short interest is there in International Seaways Inc?
A steep rise in short interest was recorded in International Seaways Inc stocks on 2025-02-28, dropping by -0.35 million shares to a total of 2.89 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 3.24 million shares. There was a decline of -12.24%, which implies that there is a negative sentiment for the stock.
