Common Fund For Nonprofit Organizations bought a new position in shares of Via Transportation Inc. (NYSE:VIA – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 65,922 shares of the company’s stock, valued at approximately $1,910,000. Via Transportation accounts for approximately 0.2% of Common Fund For Nonprofit Organizations’ investment portfolio, making the stock its 19th biggest holding. Common Fund For Nonprofit Organizations owned 0.08% of Via Transportation as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Bank of America Corp DE acquired a new stake in shares of Via Transportation during the third quarter worth about $29,000. Assetmark Inc. acquired a new position in Via Transportation in the third quarter valued at approximately $36,000. Caitong International Asset Management Co. Ltd acquired a new position in Via Transportation in the fourth quarter valued at approximately $34,000. PNC Financial Services Group Inc. acquired a new position in Via Transportation in the third quarter valued at approximately $60,000. Finally, Strs Ohio acquired a new position in Via Transportation in the fourth quarter valued at approximately $52,000. Institutional investors and hedge funds own 74.40% of the company’s stock.
Via Transportation Stock Performance
Shares of VIA opened at $14.88 on Thursday. Via Transportation Inc. has a one year low of $12.95 and a one year high of $56.31. The stock has a market capitalization of $1.21 billion and a price-to-earnings ratio of -16.00. The stock has a 50 day moving average price of $15.51 and a 200 day moving average price of $20.32.
Key Stories Impacting Via Transportation
- Positive Sentiment: CEO Daniel Ramot made additional open-market purchases of Via stock, including 3,571 shares at $14.00 and 3,333 shares at $14.94. A director also bought 25,000 shares. These insider buys may signal confidence in Via’s long-term outlook and can help support the stock. Article Title
- Neutral Sentiment: Via announced a 55,000-square-foot lease at 2 Park Avenue, which is a business development but does not appear to be a major near-term stock catalyst. Article Title
- Negative Sentiment: Multiple law firms issued fresh updates on a class-action lawsuit tied to Via’s September 2025 IPO, reminding investors of an August 10 lead-plaintiff deadline. Repeated litigation headlines are likely weighing on sentiment by reinforcing concerns about alleged disclosure issues and potential liability. Article Title
Wall Street Analyst Weigh In
A number of research analysts have issued reports on the company. Guggenheim reissued a “buy” rating and issued a $50.00 price target on shares of Via Transportation in a report on Wednesday. Weiss Ratings raised Via Transportation from a “sell (e+)” rating to a “sell (d)” rating in a report on Wednesday, May 13th. Needham & Company LLC reissued a “buy” rating and issued a $55.00 price target on shares of Via Transportation in a report on Monday, March 2nd. Morgan Stanley reissued an “overweight” rating and issued a $24.00 price target on shares of Via Transportation in a report on Tuesday, May 12th. Finally, Oppenheimer reaffirmed an “outperform” rating and set a $25.00 target price on shares of Via Transportation in a research note on Monday, June 1st. Twelve analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $37.10.
Read Our Latest Analysis on VIA
Insider Activity at Via Transportation
In other news, Director Nechemia Jacob Peres purchased 25,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 9th. The stock was purchased at an average cost of $14.70 per share, for a total transaction of $367,500.00. Following the completion of the transaction, the director owned 30,434 shares of the company’s stock, valued at $447,379.80. This trade represents a 460.07% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Daniel Ramot purchased 3,571 shares of the company’s stock in a transaction that occurred on Tuesday, June 16th. The shares were purchased at an average price of $14.00 per share, with a total value of $49,994.00. Following the completion of the transaction, the chief executive officer directly owned 2,420,957 shares of the company’s stock, valued at $33,893,398. This represents a 0.15% increase in their position. The disclosure for this purchase is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have purchased 31,904 shares of company stock valued at $467,289 over the last quarter. 39.28% of the stock is owned by company insiders.
About Via Transportation
Via transforms antiquated and siloed public transportation systems into smart, data-driven, and efficient digital networks. We are addressing a striking gap in the $545 billion global public transportation market. While billions of people across the globe rely on public transportation, this critical form of mobility has yet to meaningfully benefit from recent advances in technology. Buses still follow fixed routes and schedules planned years, if not decades ago, regardless of actual demand for their service.
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