The Pres. & CEO of NCL of Norwegian Cruise Line is Exercising Options


Today it was reported that the Pres. & CEO of NCL of Norwegian Cruise Line (NCLH), Andrew Stuart, exercised options to sell 6,500 NCLH shares at $19.00 a share, for a total transaction value of $313.4K.

Following Andrew Stuart’s last NCLH Sell transaction on June 06, 2014, the stock climbed by 13.5%. In addition to Andrew Stuart, 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 September 30, the company posted quarterly revenue of $1.86 billion and quarterly net profit of $470 million. In comparison, last year the company earned revenue of $1.65 billion and had a net profit of $401 million. NCLH’s market cap is $10.48B and the company has a P/E ratio of 11.82. Currently, Norwegian Cruise Line has an average volume of 1.84M.

Based on 4 analyst ratings, the analyst consensus is Strong Buy with an average price target of $60.67, reflecting a 27.4% upside.

The insider sentiment on Norwegian Cruise Line has been negative according to 39 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.

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