M&T Bank Corp purchased a new position in shares of Viking Holdings Ltd. (NYSE:VIK – Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 9,269 shares of the company’s stock, valued at approximately $662,000.
Several other institutional investors have also modified their holdings of VIK. Newbridge Financial Services Group Inc. bought a new position in Viking in the 3rd quarter valued at about $26,000. CI Investments Inc. grew its position in Viking by 53.1% in the 3rd quarter. CI Investments Inc. now owns 551 shares of the company’s stock valued at $34,000 after buying an additional 191 shares in the last quarter. GAMMA Investing LLC grew its position in Viking by 158.3% in the 4th quarter. GAMMA Investing LLC now owns 545 shares of the company’s stock valued at $39,000 after buying an additional 334 shares in the last quarter. Steph & Co. bought a new position in Viking in the 4th quarter valued at about $40,000. Finally, Allworth Financial LP grew its position in Viking by 342.0% in the 3rd quarter. Allworth Financial LP now owns 663 shares of the company’s stock valued at $41,000 after buying an additional 513 shares in the last quarter. Institutional investors own 98.84% of the company’s stock.
Insider Buying and Selling at Viking
In other news, EVP Jeffrey Dash sold 46,369 shares of the firm’s stock in a transaction dated Tuesday, April 14th. The shares were sold at an average price of $80.23, for a total transaction of $3,720,184.87. Following the completion of the transaction, the executive vice president owned 420,022 shares in the company, valued at approximately $33,698,365.06. This trade represents a 9.94% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.
Viking Stock Performance
Viking (NYSE:VIK – Get Free Report) last posted its quarterly earnings data on Saturday, February 14th. The company reported $0.67 earnings per share for the quarter. Viking had a net margin of 17.65% and a return on equity of 240.75%. The company had revenue of $1.72 billion during the quarter. Analysts forecast that Viking Holdings Ltd. will post 3.31 earnings per share for the current fiscal year.
More Viking News
Here are the key news stories impacting Viking this week:
- Positive Sentiment: Viking plans to start an oral VK2735 Phase III trial in Q4 2026 — a clear pipeline advancement that, if successful, increases long‑term revenue potential beyond cruising. Viking outlines 52-week VANQUISH extension and plans oral VK2735 Phase III start in Q4 2026
- Neutral Sentiment: VANQUISH trial will be extended to 52 weeks — this can strengthen durability/safety data but also pushes timelines and near‑term readouts, creating mixed near‑term investor sentiment. Viking outlines 52-week VANQUISH extension and plans oral VK2735 Phase III start in Q4 2026
- Positive Sentiment: Press coverage emphasizes VK2735 Phase III plans as trial progress — market may view this as momentum for the biotech program underlying Viking’s valuation multiple. Viking to start oral VK2735 phase III in Q4 after trial progress
- Positive Sentiment: Operational milestone — float-out of two new Nile River ships (Viking Ptah and Viking Sekhmet) signals continued capacity growth in river cruising and future revenue contribution. Viking Holdings (VIK) Reaches Construction Milestone With Float-Out of Two Nile River Ships
- Positive Sentiment: Brand/reputation boost — Viking named to TIME’s 2026 Most Influential Companies (Disrupters and Travel & Tourism lists), which supports premium pricing power and demand for higher‑end travel products. Viking Named to TIME’s List of the Most Influential Companies
- Neutral Sentiment: Viking scheduled a conference call for Q1 2026 results — an immediate catalyst where revenue, bookings and guidance will drive short‑term stock moves. Viking Schedules Conference Call on First Quarter 2026 Financial Results
- Neutral Sentiment: Several media items about historic “Viking” finds and cultural events are unrelated to the company’s fundamentals and are unlikely to move the stock materially. ‘The detectors never stopped beeping!’ Nearly 3,000 coins discovered in field are Norway’s largest Viking hoard
Wall Street Analysts Forecast Growth
A number of equities analysts recently issued reports on VIK shares. Truist Financial increased their target price on shares of Viking from $61.00 to $75.00 and gave the company a “hold” rating in a research report on Tuesday, March 24th. Wells Fargo & Company increased their target price on shares of Viking from $78.00 to $79.00 and gave the company a “cautious” rating in a research report on Wednesday, April 15th. Barclays decreased their target price on shares of Viking from $77.00 to $76.00 and set an “equal weight” rating for the company in a research report on Friday, April 10th. Mizuho increased their target price on shares of Viking from $59.00 to $69.00 and gave the company an “underperform” rating in a research report on Thursday, March 5th. Finally, Stifel Nicolaus increased their target price on shares of Viking from $85.00 to $90.00 and gave the company a “buy” rating in a research report on Wednesday, March 4th. Eleven investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $84.14.
Check Out Our Latest Analysis on VIK
Viking Profile
Viking Holdings Ltd engages in the passenger shipping and other forms of passenger transport in North America, the United Kingdom, and internationally. It operates through River and Ocean segments. The company also operates as a tour entrepreneur for passengers and related activities in tourism. As of December 31, 2023, it operated a fleet of 92 ships, including 81 river vessels comprising 58 Longships, 10 smaller classes based on the Longship design, 11 other river vessels, and 1 river vessel charter and the Viking Mississippi; 9 ocean ships; and 2 expedition ships.
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