Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) EVP Harry Sommer sold 11,807 shares of Norwegian Cruise Line Holdings stock in a transaction on Tuesday, August 15th. The shares were sold at an average price of $58.42, for a total transaction of $689,764.94. Following the completion of the transaction, the executive vice president now owns 42,195 shares in the company, valued at $2,465,031.90. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Shares of Norwegian Cruise Line Holdings Ltd. (NASDAQ NCLH) traded up 0.78% during midday trading on Wednesday, hitting $57.90. 1,434,856 shares of the company’s stock traded hands. Norwegian Cruise Line Holdings Ltd. has a 52 week low of $34.16 and a 52 week high of $61.48. The company has a 50 day moving average of $55.45 and a 200 day moving average of $51.90. The stock has a market cap of $13.21 billion, a P/E ratio of 19.57 and a beta of 1.16.

Norwegian Cruise Line Holdings (NASDAQ:NCLH) last announced its quarterly earnings data on Tuesday, August 8th. The company reported $1.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.97 by $0.05. The firm had revenue of $1.34 billion during the quarter, compared to the consensus estimate of $1.31 billion. Norwegian Cruise Line Holdings had a return on equity of 16.65% and a net margin of 13.22%. The business’s revenue for the quarter was up 13.3% on a year-over-year basis. During the same period in the prior year, the business earned $0.85 EPS. On average, equities analysts forecast that Norwegian Cruise Line Holdings Ltd. will post $3.97 EPS for the current fiscal year.

TRADEMARK VIOLATION WARNING: “Norwegian Cruise Line Holdings Ltd. (NCLH) EVP Sells $689,764.94 in Stock” was first reported by American Banking News and is the property of of American Banking News. If you are viewing this report on another publication, it was illegally copied and republished in violation of US and international copyright & trademark law. The correct version of this report can be accessed at https://www.americanbankingnews.com/2017/08/16/norwegian-cruise-line-holdings-ltd-nclh-evp-sells-689764-94-in-stock.html.

A number of research firms recently weighed in on NCLH. Zacks Investment Research lowered shares of Norwegian Cruise Line Holdings from a “buy” rating to a “hold” rating in a research report on Wednesday. Goldman Sachs Group, Inc. (The) reiterated a “neutral” rating and issued a $64.00 price objective (up from $60.00) on shares of Norwegian Cruise Line Holdings in a research report on Tuesday. UBS AG reiterated a “neutral” rating and issued a $60.00 price objective (up from $51.00) on shares of Norwegian Cruise Line Holdings in a research report on Thursday, August 10th. Barclays PLC lifted their price objective on shares of Norwegian Cruise Line Holdings from $59.00 to $64.00 and gave the company an “overweight” rating in a research report on Thursday, August 10th. Finally, Stifel Nicolaus reiterated a “buy” rating on shares of Norwegian Cruise Line Holdings in a research report on Thursday, August 10th. Ten investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $57.94.

Large investors have recently made changes to their positions in the company. DnB Asset Management AS acquired a new stake in shares of Norwegian Cruise Line Holdings during the first quarter valued at about $658,000. Boston Advisors LLC acquired a new stake in shares of Norwegian Cruise Line Holdings during the first quarter valued at about $217,000. Columbus Circle Investors increased its stake in shares of Norwegian Cruise Line Holdings by 208.9% in the first quarter. Columbus Circle Investors now owns 648,648 shares of the company’s stock valued at $32,906,000 after buying an additional 438,658 shares in the last quarter. Candriam Luxembourg S.C.A. increased its stake in shares of Norwegian Cruise Line Holdings by 37.0% in the first quarter. Candriam Luxembourg S.C.A. now owns 10,725 shares of the company’s stock valued at $544,000 after buying an additional 2,895 shares in the last quarter. Finally, Nationwide Fund Advisors acquired a new stake in shares of Norwegian Cruise Line Holdings during the first quarter valued at about $5,717,000. 85.69% of the stock is owned by hedge funds and other institutional investors.

About Norwegian Cruise Line Holdings

Norwegian Cruise Line Holdings Ltd. (NCLH) is a global cruise company. The Company operates the Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands. The Company had 25 ships with approximately 50,400 Berths, as of May 1, 2017. The Company’s brands offer itineraries to various destinations around the world, including Europe, Asia, Australia, New Zealand, South America, Africa, Canada, Bermuda, Caribbean, Alaska and Hawaii.

Receive News & Ratings for Norwegian Cruise Line Holdings Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Norwegian Cruise Line Holdings Ltd. and related companies with MarketBeat.com's FREE daily email newsletter.