Insider Buying: Norwegian Cruise Line (NYSE:NCLH) CEO Purchases $2,504,610.00 in Stock

Norwegian Cruise Line Holdings Ltd. (NYSE:NCLHGet Free Report) CEO John Chidsey acquired 153,000 shares of the company’s stock in a transaction that occurred on Friday, May 22nd. The shares were acquired at an average cost of $16.37 per share, for a total transaction of $2,504,610.00. Following the acquisition, the chief executive officer directly owned 1,139,940 shares of the company’s stock, valued at $18,660,817.80. This trade represents a 15.50% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link.

Norwegian Cruise Line Trading Up 0.6%

Shares of NCLH stock opened at $18.26 on Friday. The business’s fifty day moving average price is $18.34 and its 200 day moving average price is $20.29. Norwegian Cruise Line Holdings Ltd. has a 1-year low of $14.53 and a 1-year high of $27.18. The firm has a market capitalization of $8.38 billion, a PE ratio of 15.34, a P/E/G ratio of 1.15 and a beta of 1.92. The company has a debt-to-equity ratio of 5.75, a current ratio of 0.21 and a quick ratio of 0.18.

Norwegian Cruise Line (NYSE:NCLHGet Free Report) last posted its earnings results on Monday, May 4th. The company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.08. The company had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.36 billion. Norwegian Cruise Line had a return on equity of 47.84% and a net margin of 5.66%.Norwegian Cruise Line’s revenue was up 9.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.07 earnings per share. 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. As a group, sell-side analysts forecast that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current fiscal year.

Key Headlines Impacting Norwegian Cruise Line

Here are the key news stories impacting Norwegian Cruise Line this week:

Analyst Ratings Changes

NCLH has been the topic of several research reports. Morgan Stanley lowered their target price on Norwegian Cruise Line from $23.00 to $20.00 and set an “equal weight” rating on the stock in a report on Tuesday, May 5th. Zacks Research lowered Norwegian Cruise Line from a “hold” rating to a “strong sell” rating in a report on Friday, May 8th. Deutsche Bank Aktiengesellschaft set a $18.00 target price on Norwegian Cruise Line in a report on Tuesday, May 5th. Tigress Financial lowered their target price on Norwegian Cruise Line from $38.00 to $32.00 and set a “strong-buy” rating on the stock in a report on Friday, April 17th. Finally, The Goldman Sachs Group set a $14.00 target price on Norwegian Cruise Line in a report on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $21.06.

Read Our Latest Analysis on NCLH

Institutional Trading of Norwegian Cruise Line

A number of large investors have recently made changes to their positions in the stock. Glenmede Trust Co. NA boosted its stake in shares of Norwegian Cruise Line by 4.0% during the first quarter. Glenmede Trust Co. NA now owns 19,497 shares of the company’s stock valued at $365,000 after acquiring an additional 745 shares during the last quarter. Bank of America Corp DE boosted its stake in shares of Norwegian Cruise Line by 61.0% during the first quarter. Bank of America Corp DE now owns 2,566,087 shares of the company’s stock valued at $47,986,000 after acquiring an additional 971,809 shares during the last quarter. South Dakota Investment Council boosted its stake in shares of Norwegian Cruise Line by 37.4% during the first quarter. South Dakota Investment Council now owns 288,175 shares of the company’s stock valued at $5,389,000 after acquiring an additional 78,500 shares during the last quarter. Amundi boosted its stake in shares of Norwegian Cruise Line by 122.1% during the first quarter. Amundi now owns 2,143,019 shares of the company’s stock valued at $40,074,000 after acquiring an additional 1,178,251 shares during the last quarter. Finally, California State Teachers Retirement System boosted its stake in shares of Norwegian Cruise Line by 24.4% during the first quarter. California State Teachers Retirement System now owns 532,448 shares of the company’s stock valued at $9,957,000 after acquiring an additional 104,298 shares during the last quarter. Institutional investors and hedge funds own 69.58% of the company’s stock.

About Norwegian Cruise Line

(Get Free Report)

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.

Further Reading

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

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