SVP Nugent sells 6,830 INSW shares at $85.23; stock up 32.3% in 90 days but prior INSW sale poorly timed.
William F. Nugent, Senior Vice President, sold 6,830 shares of International Seaways at $85.23 on 2026-05-14, reducing his position from 56.0K to 49.2K shares. The sale occurred while INSW has gained 32.3% over the prior 90 days and remains within 8.7% of its 52-week high of $92.66. However, Nugent's prior sale of INSW shares on 2026-03-02 was followed by a +12.5% gain over 90 days, meaning the stock rose after he sold—a poorly timed outcome for the insider. This pattern of unfavorable exit timing on the same ticker warrants observation as INSW trades at a lean 7.67 P/E despite annual revenue declining 11.4% year-over-year.
Nugent (SVP) sells 9,583 INSW shares at $76.00; holds 52.6K post-sale as stock near 52-week high
Nugent, Senior Vice President at International Seaways, sold 9,583 shares at $76.00 for $728,327.17 on 2026-03-02, reducing his holdings by 15.4% from 62.2K to 52.6K shares. The sale occurred at a price within 1.4% of the 52-week high of $76.50, in a period when the stock has surged 46.1% over 90 days and 24.9% over 30 days. While the company reports strong near-term fundamentals with $70.5M net income on $196.4M revenue, the elevated P/E of 33.83 and annual revenue decline of 11.4% suggest the stock may be priced for near-term strength that may not be sustainable. The sale at peak pricing against a deteriorating revenue trajectory warrants attention to whether near-term results can justify current valuation.