Summit Partners Public Asset Management LLC Makes New $14.23 Million Investment in Via Transportation Inc. $VIA

Summit Partners Public Asset Management LLC bought a new position in shares of Via Transportation Inc. (NYSE:VIA) during the fourth quarter, Holdings Channel reports. The fund bought 490,625 shares of the company’s stock, valued at approximately $14,233,000.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Bank of America Corp DE bought a new stake in Via Transportation during the 3rd quarter worth approximately $29,000. Assetmark Inc. bought a new stake in Via Transportation during the 3rd quarter worth approximately $36,000. PNC Financial Services Group Inc. grew its holdings in Via Transportation by 75.5% during the 4th quarter. PNC Financial Services Group Inc. now owns 2,194 shares of the company’s stock worth $64,000 after acquiring an additional 944 shares during the last quarter. Caitong International Asset Management Co. Ltd bought a new stake in Via Transportation during the 4th quarter worth approximately $34,000. Finally, Squarepoint Ops LLC grew its holdings in Via Transportation by 9.0% during the 4th quarter. Squarepoint Ops LLC now owns 16,343 shares of the company’s stock worth $474,000 after acquiring an additional 1,343 shares during the last quarter. 74.40% of the stock is owned by institutional investors.

Via Transportation Stock Performance

NYSE:VIA opened at $14.22 on Wednesday. The firm’s fifty day moving average is $15.53 and its 200-day moving average is $20.45. Via Transportation Inc. has a 52 week low of $12.95 and a 52 week high of $56.31. The firm has a market cap of $1.16 billion and a P/E ratio of -15.29.

Insiders Place Their Bets

In other news, CEO Daniel Ramot acquired 3,571 shares of Via Transportation stock in a transaction dated Tuesday, June 16th. The shares were bought at an average cost of $14.00 per share, with a total value of $49,994.00. Following the purchase, the chief executive officer owned 2,420,957 shares in the company, valued at $33,893,398. This trade represents a 0.15% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Nechemia Jacob Peres acquired 25,000 shares of Via Transportation stock in a transaction dated Tuesday, June 9th. The stock was purchased at an average cost of $14.70 per share, for a total transaction of $367,500.00. Following the completion of the purchase, the director owned 30,434 shares in the company, valued at approximately $447,379.80. The trade was a 460.07% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last ninety days, insiders bought 31,904 shares of company stock worth $467,289. Insiders own 39.28% of the company’s stock.

Key Stories Impacting Via Transportation

Here are the key news stories impacting Via Transportation this week:

• Positive Sentiment: CEO Daniel Ramot bought 3,571 shares at $14.00 and previously purchased 3,333 shares at $14.94, signaling continued confidence from the top. Article Title
• Positive Sentiment: Director Nechemia Peres also bought 25,000 shares, adding to his stake and reinforcing the insider-buying signal. Article Title
• Neutral Sentiment: Via announced a 55,000-square-foot lease at 2 Park Avenue, which may support operations but does not appear to be a major near-term stock catalyst. Article Title
• Negative Sentiment: Multiple law firms issued class-action notices tied to Via’s September 2025 IPO, with investors facing an August 10 lead-plaintiff deadline. The repeated legal updates keep litigation risk front and center and may be weighing on shares. Article Title

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on VIA shares. Needham & Company LLC reissued a “buy” rating and set a $55.00 target price on shares of Via Transportation in a report on Monday, March 2nd. Deutsche Bank Aktiengesellschaft set a $25.00 target price on shares of Via Transportation in a report on Wednesday, May 13th. Raymond James Financial set a $19.00 target price on shares of Via Transportation in a report on Tuesday, May 12th. Guggenheim reduced their target price on shares of Via Transportation from $58.00 to $50.00 and set a “buy” rating on the stock in a report on Monday, March 2nd. Finally, Morgan Stanley reissued an “overweight” rating and set a $24.00 target price on shares of Via Transportation in a report on Tuesday, May 12th. Twelve analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $37.10.

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.