Yahoo Finance Insider Sale: Vice President & Controller Adewale Oshodi Sells 6,212 Shares of ...
Vice President & Controller Adewale Oshodi of International Seaways Inc (NYSE:INSW) sold 6,212 shares of the company on May 10, 2024, as reported in a recent SEC Filing. The shares were sold at a price of $62.06 each.
International Seaways Inc operates a fleet of tankers for the transportation of crude oil and petroleum products. The company is one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products.
Following this transaction, the insider has a total of 0 shares remaining in the company. Over the past year, the insider has sold a total of 6,212 shares and has not purchased any shares.
The transaction history for International Seaways Inc shows a trend of insider sales, with 41 insider sells and no insider buys over the past year.
As of the date of the sale, International Seaways Inc had a market cap of approximately $3.06 billion. The stock's price-earnings ratio was 5.77, below the industry median of 11.36.
The GF Value of the stock is $48.25, indicating that at a price of $62.06, International Seaways Inc is considered Modestly Overvalued. The GF Value is calculated based on historical trading multiples, an adjustment factor based on past returns and growth, and future business performance estimates.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
This article first appeared on GuruFocus.
