International Seaways CEO Zabrocky Sells 2000 Shares at $38.62 on July 15, 2025.

International Seaways, Inc. (INSW) has announced that Lois K. Zabrocky, Director, President and CEO, has disposed of 2,000 shares at a price of $38.62 per share on July 15, 2025.

International Seaways Inc. (INSW), a company that owns and operates a fleet of oceangoing vessels for the transportation of crude oil and petroleum products, has announced that Lois K. Zabrocky, the Director, President, and CEO, has disposed of 2,000 shares of the company's stock. The transaction occurred on July 15, 2025, at a price of $38.62 per share. This sale represents a 1.02% decrease in her ownership of the stock [1].

Following the transaction, Lois K. Zabrocky owned 192,771 shares of the company's stock, valued at $7,545,428.54. This sale was disclosed in a document filed with the SEC, which is available at the SEC website [1].

The insider selling activity comes amidst a period of increased institutional investment in International Seaways Inc. Principal Financial Group Inc. raised its stake in the company by 3.5% during the first quarter, while Vanguard Group Inc., American Century Companies Inc., Geode Capital Management LLC, Charles Schwab Investment Management Inc., and Loomis Sayles & Co. L P also increased their holdings in the transportation company [1].

The company's stock has been trading within a range of $27.20 to $58.73 over the past year, with a current market cap of $1.89 billion. International Seaways Inc. reported earnings per share (EPS) of $0.80 for the quarter ending May 8, 2025, beating the consensus estimate of $0.59 by $0.21. The company's quarterly revenue was down 32.9% on a year-over-year basis [1].

The insider selling activity may indicate that the CEO is taking advantage of a favorable market condition to reduce her personal holdings. However, the company's strong financial performance and the increasing institutional investment in the stock suggest that the long-term outlook for International Seaways Inc. remains positive.

References:
[1] https://www.marketbeat.com/instant-alerts/filing-principal-financial-group-inc-boosts-stake-in-international-seaways-inc-nyseinsw-2025-07-16/