Scorpio Tankers (NYSE:STNG) CFO Christopher John Avella Sells 56,500 Shares

18 Sep 2026, 13:08 by Doug Wharley · The Cerbat Gem

Scorpio Tankers Inc. (NYSE:STNG – Get Free Report) CFO Christopher Avella sold 56,500 shares of the business’s stock in a transaction on Wednesday, September 16th. The stock was sold at an average price of $86.57, for a total transaction of $4,891,205.00. Following the completion of the sale, the chief financial officer owned 178,834 shares in the company, valued at approximately $15,481,659.38. The trade was a 24.01% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Scorpio Tankers Price Performance

Shares of STNG traded down $0.57 during midday trading on Friday, hitting $87.28. 280,792 shares of the company traded hands, compared to its average volume of 1,020,208. The stock has a market cap of $4.40 billion, a price-to-earnings ratio of 5.46 and a beta of -0.22. The firm has a 50 day moving average of $79.24 and a 200-day moving average of $77.51. The company has a debt-to-equity ratio of 0.14, a quick ratio of 6.89 and a current ratio of 6.93. Scorpio Tankers Inc. has a 52 week low of $48.93 and a 52 week high of $90.06.

Scorpio Tankers (NYSE:STNG – Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The shipping company reported $4.68 EPS for the quarter, beating analysts’ consensus estimates of $4.56 by $0.12. The company had revenue of $408.73 million during the quarter, compared to analyst estimates of $398.25 million. Scorpio Tankers had a return on equity of 16.43% and a net margin of 67.16%.The firm’s revenue was up 77.5% on a year-over-year basis. During the same period in the prior year, the company earned $1.41 earnings per share. On average, analysts forecast that Scorpio Tankers Inc. will post 11.21 EPS for the current fiscal year.

Scorpio Tankers Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, August 31st. Investors of record on Monday, August 17th were given a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 2.1%. The ex-dividend date was Monday, August 17th. Scorpio Tankers’s payout ratio is currently 11.24%.

Analysts Set New Price Targets

Several research firms have commented on STNG. Morgan Stanley set a $86.00 price objective on shares of Scorpio Tankers in a research report on Tuesday, August 18th. Jefferies Financial Group restated a “buy” rating and set a $100.00 target price on shares of Scorpio Tankers in a research report on Tuesday, August 4th. BTIG Research increased their price target on shares of Scorpio Tankers from $100.00 to $110.00 and gave the company a “buy” rating in a report on Friday. Bank of America reiterated an “underperform” rating on shares of Scorpio Tankers in a research report on Tuesday, September 8th. Finally, Zacks Research downgraded Scorpio Tankers from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 30th. Five analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $91.57.

Get Our Latest Stock Analysis on Scorpio Tankers

Institutional Investors Weigh In On Scorpio Tankers

Several hedge funds and other institutional investors have recently made changes to their positions in STNG. Sei Investments Co. boosted its stake in shares of Scorpio Tankers by 47.5% during the 1st quarter. Sei Investments Co. now owns 118,751 shares of the shipping company’s stock worth $8,865,000 after purchasing an additional 38,216 shares during the period. Integrated Advisors Network LLC bought a new stake in Scorpio Tankers in the first quarter worth about $2,527,000. Jennison Associates LLC bought a new stake in Scorpio Tankers in the first quarter worth about $1,161,000. Bank of America Corp DE boosted its position in shares of Scorpio Tankers by 9.3% during the first quarter. Bank of America Corp DE now owns 244,364 shares of the shipping company’s stock valued at $18,244,000 after buying an additional 20,878 shares during the period. Finally, Empowered Funds LLC grew its stake in shares of Scorpio Tankers by 20.9% during the first quarter. Empowered Funds LLC now owns 240,545 shares of the shipping company’s stock valued at $17,959,000 after buying an additional 41,516 shares during the last quarter. Hedge funds and other institutional investors own 54.64% of the company’s stock.

Scorpio Tankers Company Profile

(Get Free Report)

Scorpio Tankers Inc is a marine transportation company that owns, operates and manages a fleet of product tankers. The company transports refined petroleum products, including gasoline, diesel, jet fuel and heating oil, as well as certain petrochemical feedstocks, for energy companies, commodity traders and other commercial customers.

Scorpio Tankers’ fleet has included medium-range, long-range and handymax product tankers, which serve different trade routes and cargo requirements. Its vessels operate internationally, carrying refined petroleum products between major refining, storage and consumption centers across regions including the Americas, Europe, the Middle East and Asia.