In a filing, International Seaways Inc revealed its Senior Vice President Nugent William F. unloaded Company’s shares for reported $32630.0 on Mar 31 ’25. In the deal valued at $32.63 per share,1,000 shares were sold. As a result of this transaction, Nugent William F. now holds 56,846 shares worth roughly $1.68 million.
Then, Zabrocky Lois K sold 2,000 shares, generating $69,323 in total proceeds. Upon selling the shares at $34.66, the President & CEO now owns 179,557 shares.
Before that, LOIS K ZABROCKY bought 8,000 shares. International Seaways Inc shares valued at $268,400 were divested by the Officer at a price of $33.55 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 -6.45% to $29.61. Over the last five days, the stock has lost -11.13%. International Seaways Inc shares have fallen nearly -16.14% since the year began. Nevertheless, the stocks have fallen -38.85% over the past one year. While a 52-week high of $59.40 was reached on 01/13/25, a 52-week low of $27.20 was recorded on 04/04/25. SMA at 50 days reached $35.51, while 200 days put it at $44.19.
Levels Of Support And Resistance For INSW Stock
The 24-hour chart illustrates a support level at 28.35, which if violated will result in even more drops to 27.09. On the upside, there is a resistance level at 31.61. A further resistance level may holdings at 33.61. The Relative Strength Index (RSI) on the 14-day chart is 36.98, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.72, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 70.88%. Stochastics %K at 33.48% 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.
