Harry Sommer Acquires 25,000 Shares of Norwegian Cruise Line (NYSE:NCLH) Stock

Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) CEO Harry Sommer purchased 25,000 shares of Norwegian Cruise Line stock in a transaction dated Thursday, November 6th. The stock was bought at an average cost of $18.52 per share, for a total transaction of $463,000.00. Following the completion of the purchase, the chief executive officer directly owned 720,728 shares in the company, valued at approximately $13,347,882.56. This trade represents a 3.59% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Norwegian Cruise Line Stock Performance

NYSE:NCLH opened at $19.05 on Friday. Norwegian Cruise Line Holdings Ltd. has a fifty-two week low of $14.21 and a fifty-two week high of $29.29. The company has a debt-to-equity ratio of 8.05, a quick ratio of 0.16 and a current ratio of 0.18. The company has a 50 day moving average price of $23.86 and a 200 day moving average price of $21.86. The stock has a market capitalization of $8.61 billion, a P/E ratio of 13.14, a PEG ratio of 0.71 and a beta of 2.22.

Norwegian Cruise Line (NYSE:NCLH) last released its quarterly earnings results on Tuesday, November 4th. The company reported $1.20 EPS for the quarter, topping analysts’ consensus estimates of $1.17 by $0.03. Norwegian Cruise Line had a return on equity of 59.88% and a net margin of 7.52%.The company had revenue of $2.94 billion for the quarter, compared to analysts’ expectations of $3.03 billion. Norwegian Cruise Line has set its Q4 2025 guidance at 0.270-0.270 EPS. FY 2025 guidance at 2.100-2.100 EPS. Equities research analysts forecast that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on NCLH shares. Zacks Research upgraded Norwegian Cruise Line from a “hold” rating to a “strong-buy” rating in a report on Tuesday, September 16th. The Goldman Sachs Group reduced their price target on shares of Norwegian Cruise Line from $31.00 to $27.00 and set a “buy” rating on the stock in a research report on Wednesday. Citigroup lifted their price objective on shares of Norwegian Cruise Line from $25.00 to $30.00 and gave the company a “buy” rating in a report on Wednesday, July 16th. Barclays reduced their target price on shares of Norwegian Cruise Line from $31.00 to $28.00 and set an “overweight” rating on the stock in a report on Wednesday. Finally, Wall Street Zen raised shares of Norwegian Cruise Line from a “sell” rating to a “hold” rating in a research report on Friday, July 18th. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $28.74.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. MUFG Securities EMEA plc acquired a new stake in shares of Norwegian Cruise Line in the 2nd quarter valued at $26,000. Sentry Investment Management LLC purchased a new position in Norwegian Cruise Line in the second quarter valued at $31,000. New Age Alpha Advisors LLC purchased a new position in Norwegian Cruise Line in the first quarter valued at $33,000. Laurel Wealth Advisors LLC raised its stake in Norwegian Cruise Line by 1,928.0% in the second quarter. Laurel Wealth Advisors LLC now owns 2,028 shares of the company’s stock valued at $41,000 after buying an additional 1,928 shares in the last quarter. Finally, Bogart Wealth LLC lifted its holdings in Norwegian Cruise Line by 1,012.0% during the 1st quarter. Bogart Wealth LLC now owns 2,224 shares of the company’s stock worth $42,000 after buying an additional 2,024 shares during the last quarter. Institutional investors and hedge funds own 69.58% of the company’s stock.

Norwegian Cruise Line Company Profile

Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in North America, Europe, the Asia-Pacific, and internationally. The company operates through the Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands. It offers itineraries ranging from three days to a 180-days calling on various ports, including Scandinavia, Northern Europe, the Mediterranean, the Greek Isles, Alaska, Canada and New England, Hawaii, Asia, Tahiti and the South Pacific, Australia and New Zealand, Africa, India, South America, the Panama Canal, and the Caribbean.