Norwegian Cruise Line Target of Unusually High Options Trading (NYSE:NCLH)

by · The Markets Daily

Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH – Get Free Report) was the target of unusually large options trading activity on Friday. Stock investors bought 28,690 call options on the company. This is an increase of 39% compared to the typical daily volume of 20,640 call options.

Insider Activity

In other news, insider Jason Montague acquired 13,400 shares of the company’s stock in a transaction that occurred on Thursday, November 6th. The shares were bought at an average price of $18.81 per share, with a total value of $252,054.00. Following the completion of the purchase, the insider directly owned 13,400 shares in the company, valued at $252,054. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Stella David bought 6,986 shares of the stock in a transaction on Thursday, November 6th. The stock was purchased at an average price of $18.59 per share, with a total value of $129,869.74. Following the completion of the acquisition, the director directly owned 103,474 shares in the company, valued at approximately $1,923,581.66. This trade represents a 7.24% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders have purchased 90,029 shares of company stock valued at $1,663,575. Insiders own 0.41% of the company’s stock.

Institutional Investors Weigh In On Norwegian Cruise Line

Several institutional investors and hedge funds have recently made changes to their positions in NCLH. MUFG Securities EMEA plc purchased a new position in shares of Norwegian Cruise Line during the 2nd quarter valued at approximately $26,000. Sentry Investment Management LLC acquired a new position in Norwegian Cruise Line during the second quarter worth $31,000. Laurel Wealth Advisors LLC lifted its holdings in Norwegian Cruise Line by 1,928.0% during the second quarter. Laurel Wealth Advisors LLC now owns 2,028 shares of the company’s stock valued at $41,000 after purchasing an additional 1,928 shares in the last quarter. Hantz Financial Services Inc. grew its position in shares of Norwegian Cruise Line by 133.3% in the second quarter. Hantz Financial Services Inc. now owns 2,284 shares of the company’s stock valued at $46,000 after purchasing an additional 1,305 shares during the period. Finally, Westside Investment Management Inc. grew its position in shares of Norwegian Cruise Line by 81.9% in the third quarter. Westside Investment Management Inc. now owns 2,004 shares of the company’s stock valued at $49,000 after purchasing an additional 902 shares during the period. 69.58% of the stock is currently owned by institutional investors and hedge funds.

Norwegian Cruise Line Stock Up 1.9%

NYSE NCLH traded up $0.39 during trading on Friday, hitting $20.94. The company’s stock had a trading volume of 9,866,124 shares, compared to its average volume of 14,805,605. Norwegian Cruise Line has a fifty-two week low of $14.21 and a fifty-two week high of $29.29. The company has a market cap of $9.53 billion, a PE ratio of 15.36, a P/E/G ratio of 0.61 and a beta of 2.11. The company has a debt-to-equity ratio of 6.22, a current ratio of 0.19 and a quick ratio of 0.17. The business’s 50 day simple moving average is $20.61 and its 200-day simple moving average is $21.99.

Norwegian Cruise Line (NYSE:NCLH – Get Free Report) last announced its quarterly earnings data on Tuesday, November 4th. The company reported $1.20 EPS for the quarter, beating the consensus estimate of $1.17 by $0.03. The firm had revenue of $2.94 billion during the quarter, compared to analyst estimates of $3.03 billion. Norwegian Cruise Line had a net margin of 6.85% and a return on equity of 55.51%. Norwegian Cruise Line has set its Q4 2025 guidance at 0.270-0.270 EPS and its FY 2025 guidance at 2.100-2.100 EPS. On average, equities analysts anticipate that Norwegian Cruise Line will post 1.48 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages recently commented on NCLH. Susquehanna reduced their price objective on shares of Norwegian Cruise Line from $25.00 to $21.00 and set a “neutral” rating for the company in a research note on Wednesday, November 12th. Tigress Financial lifted their price target on Norwegian Cruise Line from $36.00 to $38.00 and gave the company a “strong-buy” rating in a report on Wednesday, August 27th. Barclays reduced their price target on Norwegian Cruise Line from $31.00 to $28.00 and set an “overweight” rating for the company in a research report on Wednesday, November 5th. Zacks Research lowered Norwegian Cruise Line from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 10th. Finally, Morgan Stanley reduced their target price on shares of Norwegian Cruise Line from $27.00 to $25.00 and set an “equal weight” rating for the company in a report on Monday, November 10th. Two research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $28.11.

View Our Latest Research Report on Norwegian Cruise Line

Norwegian Cruise Line Company Profile

(Get Free Report)

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.

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