Norwegian Cruise Line Target of Unusually High Options Trading (NYSE:NCLH)

Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) was the recipient of some unusual options trading on Friday. Stock traders acquired 28,690 call options on the stock. This is an increase of approximately 39% compared to the typical daily volume of 20,640 call options.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on NCLH. Susquehanna cut their price objective on shares of Norwegian Cruise Line from $25.00 to $21.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 12th. Truist Financial lowered their target price on shares of Norwegian Cruise Line from $31.00 to $26.00 and set a “buy” rating for the company in a research note on Tuesday, December 2nd. Weiss Ratings reiterated a “hold (c)” rating on shares of Norwegian Cruise Line in a report on Wednesday, October 8th. Mizuho boosted their target price on Norwegian Cruise Line from $29.00 to $32.00 and gave the stock an “outperform” rating in a research note on Friday. Finally, Morgan Stanley decreased their price target on Norwegian Cruise Line from $27.00 to $25.00 and set an “equal weight” rating for the company in a research note on Monday, November 10th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $28.11.

Insider Activity at Norwegian Cruise Line

In related news, CEO Harry Sommer purchased 25,000 shares of the firm’s stock in a transaction dated Thursday, November 6th. The stock was purchased at an average price of $18.52 per share, with a total value of $463,000.00. Following the completion of the purchase, the chief executive officer owned 720,728 shares of the company’s stock, valued at approximately $13,347,882.56. The trade was a 3.59% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Mark Kempa bought 10,635 shares of the firm’s stock in a transaction on Thursday, November 6th. The shares were purchased at an average cost of $18.53 per share, with a total value of $197,066.55. Following the completion of the transaction, the chief financial officer owned 369,352 shares in the company, valued at $6,844,092.56. This represents a 2.96% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders bought 90,029 shares of company stock valued at $1,663,575 over the last three months. Corporate insiders own 0.41% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Swiss Life Asset Management Ltd grew its position in shares of Norwegian Cruise Line by 80.5% during the 3rd quarter. Swiss Life Asset Management Ltd now owns 20,553 shares of the company’s stock valued at $506,000 after acquiring an additional 9,165 shares during the period. Penn Capital Management Company LLC boosted its position in Norwegian Cruise Line by 27.4% during the third quarter. Penn Capital Management Company LLC now owns 587,762 shares of the company’s stock worth $14,520,000 after purchasing an additional 126,374 shares in the last quarter. CIBC Private Wealth Group LLC grew its holdings in Norwegian Cruise Line by 49.9% in the third quarter. CIBC Private Wealth Group LLC now owns 9,507 shares of the company’s stock valued at $234,000 after purchasing an additional 3,165 shares during the period. CIBC Bancorp USA Inc. purchased a new stake in shares of Norwegian Cruise Line in the third quarter valued at approximately $1,137,000. Finally, Coldstream Capital Management Inc. raised its stake in shares of Norwegian Cruise Line by 5.3% during the 3rd quarter. Coldstream Capital Management Inc. now owns 11,381 shares of the company’s stock worth $280,000 after buying an additional 569 shares during the period. Institutional investors and hedge funds own 69.58% of the company’s stock.

Norwegian Cruise Line Price Performance

NYSE:NCLH opened at $20.83 on Friday. The firm’s fifty day moving average is $20.54 and its two-hundred day moving average is $22.05. The firm has a market cap of $9.48 billion, a price-to-earnings ratio of 15.32, a PEG ratio of 0.67 and a beta of 2.11. Norwegian Cruise Line has a one year low of $14.21 and a one year high of $29.29. The company has a debt-to-equity ratio of 6.22, a quick ratio of 0.17 and a current ratio of 0.19.

Norwegian Cruise Line (NYSE:NCLH) last posted its earnings results on Tuesday, November 4th. The company reported $1.20 EPS for the quarter, topping the consensus estimate of $1.17 by $0.03. Norwegian Cruise Line had a return on equity of 55.51% and a net margin of 6.85%.The firm had revenue of $2.94 billion for the quarter, compared to analyst estimates of $3.03 billion. Norwegian Cruise Line has set its Q4 2025 guidance at 0.270-0.270 EPS and its FY 2025 guidance at 2.100-2.100 EPS. Research analysts expect that Norwegian Cruise Line will post 1.48 EPS for the current year.

Norwegian Cruise Line Company Profile

Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in North America, Europe, the Asia-Pacific, and internationally. The company operates through the Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands. It offers itineraries ranging from three days to a 180-days calling on various ports, including Scandinavia, Northern Europe, the Mediterranean, the Greek Isles, Alaska, Canada and New England, Hawaii, Asia, Tahiti and the South Pacific, Australia and New Zealand, Africa, India, South America, the Panama Canal, and the Caribbean.