Insiders at Scorpio Tankers Sell Shares After Stock Price Doubles
Scorpio Tankers Inc.
Five insiders at shipping company Scorpio Tankers have sold shares in the last month. This follows a period where the company's stock price has risen over 90% and its financial performance, while still profitable, has seen revenue decline from recent peaks.
What turned up
Five company insiders at Scorpio Tankers Inc. have sold shares within the last 30 days. Scorpio Tankers owns and operates a fleet of tanker vessels that transport refined petroleum products like gasoline and jet fuel around the world. The sales occurred after a significant run-up in the company's stock price.
What the numbers say
| (in billions, USD) | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $0.5 | $1.6 | $1.3 | $1.2 | $0.9 |
| Net Income (loss) | ($0.2) | $0.6 | $0.6 | $0.7 | $0.3 |
| Operating Cash Flow | $0.1 | $0.8 | $0.9 | $0.8 | $0.5 |
| Long-term Debt | $0.7 | $0.3 | $0.9 | $0.7 | $0.6 |
| Cash | $0.2 | $0.4 | $0.4 | $0.3 | $0.8 |
| Shareholders' Equity | $1.8 | $2.5 | $2.6 | $2.9 | $3.2 |
After a very strong year in 2022, Scorpio's revenue and operating cash flow have decreased over the past three years, though the company has remained consistently profitable. The company's cash position grew substantially in 2025, and its total obligations to shareholders, known as shareholders' equity, have grown steadily. The number of company shares has also decreased from 64 million in 2022 to 49 million in 2025, which means each remaining share represents a larger piece of the company.
What the company has been doing
In the period reviewed, Scorpio Tankers did not file any notable public announcements about major new deals, restructurings, or changes in its business strategy. The company's operations appear to have continued without significant publicly disclosed events. Its accounting record is clean, with no history of restatements or late filings since 2010.
How the market has taken it
Investors have responded positively to the company over the last year, with the share price increasing by 90.9% between August 2025 and September 2026. During this time, a few of the company's routine international business filings, known as 6-Ks, were met with higher-than-average trading volume. For example, a filing on January 13, 2026, saw trading at 2.8 times the normal level, and the stock price rose 9.4% that day.
What this doesn't tell you
- Insider sales can happen for many personal financial reasons, such as diversifying investments or funding a large purchase, and do not automatically indicate a negative outlook on the company's future.
- This analysis is based on historical financial data and does not predict future performance.
- The profitability of shipping companies is heavily influenced by global freight rates, which are cyclical and can be volatile. This report does not analyze those broader market trends.
- We do not know if the recent sales represent a large or small portion of each insider's total holdings in the company.
Across 905 filings since 2010-02-17, this company has never withdrawn a financial statement, changed auditor, or filed a report late.
Sources
- 2025 annual report0001483934-26-000021
- 2024 annual report0001483934-25-000021
- 2023 annual report0001483934-24-000025
- 2022 annual report0001483934-23-000028
- 2021 annual report0001483934-22-000023
From public SEC filings. Informational only, not investment advice. Do your own due diligence.