John Chidsey Purchases 153,000 Shares of Norwegian Cruise Line (NYSE:NCLH) Stock

Norwegian Cruise Line Holdings Ltd. (NYSE:NCLHGet Free Report) CEO John Chidsey acquired 153,000 shares of Norwegian Cruise Line stock in a transaction on Friday, May 22nd. The shares were bought at an average cost of $16.37 per share, for a total transaction of $2,504,610.00. Following the completion of the transaction, the chief executive officer owned 1,139,940 shares in the company, valued at approximately $18,660,817.80. This trade represents a 15.50% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Norwegian Cruise Line Trading Up 4.8%

NYSE NCLH traded up $0.78 during trading on Tuesday, hitting $17.08. The company had a trading volume of 22,222,231 shares, compared to its average volume of 22,527,842. The company’s fifty day moving average is $18.45 and its 200-day moving average is $20.31. The company has a market cap of $7.84 billion, a price-to-earnings ratio of 14.35, a price-to-earnings-growth ratio of 1.04 and a beta of 1.92. The company has a current ratio of 0.21, a quick ratio of 0.18 and a debt-to-equity ratio of 5.75. Norwegian Cruise Line Holdings Ltd. has a one year low of $14.53 and a one year high of $27.18.

Norwegian Cruise Line (NYSE:NCLHGet Free Report) last announced its earnings results on Monday, May 4th. The company reported $0.23 earnings per share for the quarter, beating analysts’ consensus estimates of $0.15 by $0.08. Norwegian Cruise Line had a net margin of 5.66% and a return on equity of 47.84%. The firm had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.36 billion. During the same quarter in the previous year, the firm posted $0.07 EPS. The company’s revenue for the quarter was up 9.6% compared to the same quarter last year. Norwegian Cruise Line has set its Q2 2026 guidance at 0.380-0.380 EPS and its FY 2026 guidance at 1.450-1.790 EPS. On average, sell-side analysts predict that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current year.

Institutional Trading of Norwegian Cruise Line

Institutional investors and hedge funds have recently bought and sold shares of the company. SHP Wealth Management bought a new stake in Norwegian Cruise Line during the 4th quarter valued at about $26,000. MUFG Securities EMEA plc purchased a new position in shares of Norwegian Cruise Line in the second quarter worth $26,000. Caitong International Asset Management Co. Ltd purchased a new position in shares of Norwegian Cruise Line in the fourth quarter worth $31,000. Clearstead Advisors LLC raised its stake in shares of Norwegian Cruise Line by 130.2% in the fourth quarter. Clearstead Advisors LLC now owns 1,607 shares of the company’s stock worth $36,000 after purchasing an additional 909 shares during the last quarter. Finally, Aventura Private Wealth LLC purchased a new position in shares of Norwegian Cruise Line in the fourth quarter worth $42,000. 69.58% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of analysts have recently commented on NCLH shares. Wolfe Research restated an “outperform” rating and set a $25.00 target price on shares of Norwegian Cruise Line in a report on Tuesday, March 3rd. Deutsche Bank Aktiengesellschaft set a $18.00 target price on shares of Norwegian Cruise Line in a report on Tuesday, May 5th. Stifel Nicolaus dropped their target price on shares of Norwegian Cruise Line from $28.00 to $27.00 and set a “buy” rating on the stock in a report on Monday, April 20th. Barclays dropped their target price on shares of Norwegian Cruise Line from $21.00 to $19.00 and set an “equal weight” rating on the stock in a report on Tuesday, May 5th. Finally, The Goldman Sachs Group set a $14.00 target price on shares of Norwegian Cruise Line in a report on Tuesday, May 5th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $21.06.

Read Our Latest Report on Norwegian Cruise Line

About Norwegian Cruise Line

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Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) is a global cruise operator offering a portfolio of premium brands that includes Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises. The company provides sea voyages and related onboard services such as dining, entertainment, shore excursions and destination experiences. Its fleet of modern vessels sails to more than 400 destinations across all seven continents, serving leisure travelers with itineraries ranging from short Caribbean getaways to extended world voyages.

Founded in 1966 by Knut Kloster and Ted Arison, the company pioneered the concept of “Freestyle Cruising,” which allows passengers greater flexibility in dining schedules, entertainment choices and onboard activities.

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Insider Buying and Selling by Quarter for Norwegian Cruise Line (NYSE:NCLH)

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