International SeawaysINSW
Market Cap: $2.48B
About: International Seaways Inc owns and operates a fleet of oceangoing vessels engaged in the transportation of crude oil and petroleum products. The company's vessel operations are organized into two segments: Crude Tankers and Product Carriers. The fleet consists of ULCC, VLCC, Suezmax, Aframax, and Panamax crude tankers, as well as LR1, LR2, and MR product carriers.
Employees: 2,698
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
86% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 36
38% more repeat investments, than reductions
Existing positions increased: 112 | Existing positions reduced: 81
13% more capital invested
Capital invested by funds: $1.77B [Q1] → $2.01B (+$238M) [Q2]
12% more funds holding
Funds holding: 249 [Q1] → 280 (+31) [Q2]
0.46% more ownership
Funds ownership: 68.21% [Q1] → 68.68% (+0.46%) [Q2]
24% less call options, than puts
Call options by funds: $2.9M | Put options by funds: $3.84M
40% less funds holding in top 10
Funds holding in top 10: 5 [Q1] → 3 (-2) [Q2]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Jefferies Omar Nokta 30% 1-year accuracy 13 / 43 met price target | 32%upside $66 | Buy Maintained | 7 Aug 2024 |
Stifel Benjamin Nolan 37% 1-year accuracy 16 / 43 met price target | 44%upside $72 | Buy Maintained | 24 Jul 2024 |
Stifel Benjamin Nolan 37% 1-year accuracy 16 / 43 met price target | 36%upside $68 | Buy Maintained | 20 Jun 2024 |