Via Transportation Inc. (NYSE:VIA – Get Free Report) Director Nechemia Jacob Peres purchased 25,000 shares of the firm’s stock in a transaction dated Tuesday, June 9th. The stock was acquired at an average cost of $14.70 per share, with a total value of $367,500.00. Following the completion of the acquisition, the director directly owned 30,434 shares in the company, valued at approximately $447,379.80. This trade represents a 460.07% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Via Transportation Stock Performance
Shares of NYSE VIA traded up $0.01 during midday trading on Thursday, hitting $14.75. The company’s stock had a trading volume of 933,548 shares, compared to its average volume of 712,511. Via Transportation Inc. has a 1-year low of $12.95 and a 1-year high of $56.31. The firm’s fifty day moving average price is $15.59 and its 200-day moving average price is $21.04. The firm has a market cap of $1.20 billion and a P/E ratio of -15.86.
Analysts Set New Price Targets
VIA has been the subject of several research reports. Guggenheim decreased their price target on shares of Via Transportation from $58.00 to $50.00 and set a “buy” rating for the company in a report on Monday, March 2nd. Weiss Ratings upgraded shares of Via Transportation from a “sell (e+)” rating to a “sell (d)” rating in a research report on Wednesday, May 13th. The Goldman Sachs Group reiterated a “buy” rating and issued a $24.00 price objective on shares of Via Transportation in a research report on Wednesday, May 13th. Oppenheimer reiterated an “outperform” rating and issued a $25.00 price objective on shares of Via Transportation in a research report on Monday, June 1st. Finally, Morgan Stanley reiterated an “overweight” rating and issued a $24.00 price objective on shares of Via Transportation in a research report on Tuesday, May 12th. Twelve equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $37.10.
Via Transportation News Summary
Here are the key news stories impacting Via Transportation this week:
- Negative Sentiment: Multiple law firms announced or reiterated class action lawsuits against Via Transportation, saying investors who bought shares in the IPO may have suffered losses and have until August 10, 2026 to seek lead-plaintiff status. Article title
- Negative Sentiment: Additional firms, including Robbins LLP, Robbins Geller, Rosen Law Firm, Faruqi & Faruqi, KSF, Bronstein Gewirtz & Grossman, and others, issued nearly identical alerts, reinforcing the legal overhang and keeping attention on alleged IPO-related disclosure issues. Article title
- Neutral Sentiment: One market commentary piece discussed Via’s valuation after its recent share-price pullback, suggesting investors are also reassessing whether the stock has become cheaper after the decline. Article title
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in VIA. Essential Partners LLC purchased a new position in Via Transportation during the first quarter valued at approximately $40,000. Bank of America Corp DE raised its holdings in Via Transportation by 489.2% in the 1st quarter. Bank of America Corp DE now owns 39,981 shares of the company’s stock worth $600,000 after acquiring an additional 33,195 shares during the period. Janus Henderson Group PLC raised its stake in Via Transportation by 41.9% during the 1st quarter. Janus Henderson Group PLC now owns 854,589 shares of the company’s stock valued at $12,819,000 after purchasing an additional 252,381 shares during the last quarter. The Manufacturers Life Insurance Company acquired a new position in shares of Via Transportation in the 1st quarter valued at $214,000. Finally, Weiss Asset Management LP acquired a new position in shares of Via Transportation in the 1st quarter valued at $2,433,000. 74.40% of the stock is owned by hedge funds and other institutional investors.
Via Transportation Company Profile
Via transforms antiquated and siloed public transportation systems into smart, data-driven, and efficient digital networks. We are addressing a striking gap in the $545 billion global public transportation market. While billions of people across the globe rely on public transportation, this critical form of mobility has yet to meaningfully benefit from recent advances in technology. Buses still follow fixed routes and schedules planned years, if not decades ago, regardless of actual demand for their service.
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