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

Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) saw unusually large options trading activity on Wednesday. Stock investors purchased 49,129 put options on the stock. This is an increase of approximately 132% compared to the average daily volume of 21,140 put options.

Insider Buying and Selling at Norwegian Cruise Line

In related news, CEO Harry Sommer acquired 25,000 shares of the company’s stock in a transaction that occurred on Thursday, November 6th. The shares were acquired at an average cost of $18.52 per share, for a total transaction of $463,000.00. Following the completion of the acquisition, the chief executive officer directly owned 720,728 shares in the company, valued at approximately $13,347,882.56. The trade was a 3.59% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Harry C. Curtis bought 5,000 shares of Norwegian Cruise Line stock in a transaction that occurred on Friday, November 7th. The stock was bought at an average cost of $19.25 per share, with a total value of $96,250.00. Following the completion of the purchase, the director owned 50,325 shares in the company, valued at approximately $968,756.25. This trade represents a 11.03% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders acquired a total of 90,029 shares of company stock valued at $1,663,575 over the last quarter. 0.41% of the stock is currently owned by corporate insiders.

Institutional Trading of Norwegian Cruise Line

Institutional investors and hedge funds have recently bought and sold shares of the business. Capital International Investors lifted its stake in shares of Norwegian Cruise Line by 0.9% during the 3rd quarter. Capital International Investors now owns 52,448,740 shares of the company’s stock worth $1,291,812,000 after buying an additional 449,142 shares during the last quarter. State Street Corp lifted its holdings in shares of Norwegian Cruise Line by 3.3% during the second quarter. State Street Corp now owns 16,299,409 shares of the company’s stock worth $330,552,000 after buying an additional 524,239 shares in the last quarter. Ariel Investments LLC grew its stake in shares of Norwegian Cruise Line by 36.2% in the second quarter. Ariel Investments LLC now owns 12,369,377 shares of the company’s stock valued at $250,851,000 after acquiring an additional 3,288,207 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Norwegian Cruise Line by 3.3% during the 2nd quarter. Geode Capital Management LLC now owns 11,636,194 shares of the company’s stock valued at $235,532,000 after acquiring an additional 370,064 shares during the period. Finally, Dimensional Fund Advisors LP lifted its position in Norwegian Cruise Line by 6.3% during the third quarter. Dimensional Fund Advisors LP now owns 6,606,640 shares of the company’s stock worth $162,723,000 after purchasing an additional 391,482 shares during the period. Institutional investors own 69.58% of the company’s stock.

Norwegian Cruise Line Stock Up 0.1%

NCLH traded up $0.01 during trading on Wednesday, reaching $21.55. 19,970,846 shares of the stock were exchanged, compared to its average volume of 14,903,499. The company has a debt-to-equity ratio of 6.22, a quick ratio of 0.17 and a current ratio of 0.19. The stock’s 50 day moving average price is $20.44 and its two-hundred day moving average price is $22.13. Norwegian Cruise Line has a twelve month low of $14.21 and a twelve month high of $29.29. The stock has a market cap of $9.81 billion, a P/E ratio of 15.85, a price-to-earnings-growth ratio of 0.69 and a beta of 2.11.

Norwegian Cruise Line (NYSE:NCLH) last announced its quarterly earnings data on Tuesday, November 4th. The company reported $1.20 EPS for the quarter, beating analysts’ consensus estimates of $1.17 by $0.03. The company had revenue of $2.94 billion during the quarter, compared to the consensus estimate 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. Equities analysts expect that Norwegian Cruise Line will post 1.48 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on NCLH shares. Mizuho increased their price objective on Norwegian Cruise Line from $29.00 to $32.00 and gave the stock an “outperform” rating in a report on Friday, December 12th. Stifel Nicolaus upped their price target on Norwegian Cruise Line from $35.00 to $37.00 and gave the stock a “buy” rating in a research report on Thursday, September 11th. UBS Group lifted their price objective on shares of Norwegian Cruise Line from $23.00 to $27.00 and gave the company a “neutral” rating in a report on Tuesday, August 26th. 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. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Norwegian Cruise Line in a research note on Wednesday, October 8th. Two research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $27.37.

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.