Today it was reported that the EVP Gen. Counsel & Asst. Sec’y of Norwegian Cruise Line (NCLH), Daniel Farkas, exercised options to sell 11,559 NCLH shares at $19.00 a share, for a total transaction value of $643.4K.
Following Daniel Farkas’ last NCLH Sell transaction on March 14, 2016, the stock climbed by 5.9%. In addition to Daniel Farkas, one other NCLH executive reported Sell trades in the last month.
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Based on Norwegian Cruise Line’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $1.38 billion and quarterly net profit of $155 million. In comparison, last year the company earned revenue of $1.25 billion and had a net profit of $98.8 million. NCLH’s market cap is $12.09B and the company has a P/E ratio of 13.01. Currently, Norwegian Cruise Line has an average volume of 3.13M.
Based on 10 analyst ratings, the analyst consensus is Strong Buy with an average price target of $66.11, reflecting a 20.4% upside.
The insider sentiment on Norwegian Cruise Line has been negative according to 43 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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Norwegian Cruise Line Holdings Ltd. operates as a holding company. It is a global cruise line operator, which offers cruise experiences for travelers with itineraries in North America, Mediterranean, Baltic, Central America, Bermuda and Caribbean. It also offers an entirely inter-island itinerary in Hawaii.
