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Stifel gives a Hold recommendation for International Seaways Inc (INSW)

In a filing, International Seaways Inc revealed 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 $6.07 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 $1.71 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 -1.51% to $33.81. Over the last five days, the stock has lost -1.49%. International Seaways Inc shares have fallen nearly -4.24% since the year began. Nevertheless, the stocks have fallen -29.52% 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 $36.77, while 200 days put it at $45.52.

Levels Of Support And Resistance For INSW Stock

The 24-hour chart illustrates a support level at 33.27, which if violated will result in even more drops to 32.74. On the upside, there is a resistance level at 34.63. A further resistance level may holdings at 35.46. The Relative Strength Index (RSI) on the 14-day chart is 45.45, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.10, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 55.44%. Stochastics %K at 50.37% 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 2025-03-14, dropping by -0.32 million shares to a total of 2.86 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 3.18 million shares. There was a decline of -11.3%, which implies that there is a negative sentiment for the stock.

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