U.S. stocks lower as investors rotate out of tech ahead of Jackson Hole
Senior Vice President of International Seaways (NYSE:INSW), Derek G. Solon, sold 3,000 shares of common stock on August 14, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The $2.06 billion market cap shipping company, which currently maintains a "GREAT" financial health rating according to InvestingPro, has been delivering strong shareholder returns through its robust 7.88% dividend yield. The shares were sold at a weighted average price of $41.3483, resulting in a total transaction value of $124,044. The prices for the transactions ranged from $41.2200 to $41.4300.
Following the transaction, Solon directly owns 52,893 shares of International Seaways stock.
In other recent news, International Seaways reported its Q2 2025 earnings, posting an adjusted earnings per share (EPS) of $1.02. This result slightly missed the analysts’ forecast of $1.04. However, the company managed to surpass revenue expectations, bringing in $195.64 million compared to the projected $195.61 million. Despite these mixed earnings results, International Seaways’ stock demonstrated resilience. The company’s financial performance highlights the importance of closely monitoring earnings and revenue figures. Investors often rely on these metrics to gauge the company’s financial health. These developments are part of the ongoing updates that investors should consider when evaluating their portfolios.
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