Shares of Via Transportation Inc. (NYSE:VIA – Get Free Report) traded up 9.4% during trading on Friday . The stock traded as high as $16.68 and last traded at $16.81. Approximately 89,333 shares were traded during mid-day trading, a decline of 88% from the average session volume of 744,247 shares. The stock had previously closed at $15.37.
Trending Headlines about Via Transportation
Here are the key news stories impacting Via Transportation this week:
- Negative Sentiment: Several firms, including Schall, Wolf Haldenstein, and The Gross Law Firm, announced or reiterated class action claims against Via Transportation and urged IPO investors to seek lead-plaintiff status by August 10, 2026. Article: VIA Investors Have Opportunity to Lead Via Transportation, Inc. Securities Fraud Lawsuit with the Schall Law Firm
- Negative Sentiment: Rosen Law Firm, Bragar Eagel & Squire, Kahn Swick & Foti, and others published additional notices about the same lawsuit, reinforcing the legal overhang around Via’s IPO disclosures and potentially increasing investor concern. Article: VIA Investors Have Opportunity to Lead Via Transportation, Inc. Securities Lawsuit
- Neutral Sentiment: One transit-policy article about a U.S. Conference of Mayors resolution promoting technology-integrated public transit could be directionally supportive for Via’s long-term market, but it did not mention the company directly or provide an immediate catalyst. Article: U.S. Conference of Mayors Adopts Landmark Transit Modernization Resolution
Analyst Ratings Changes
A number of analysts have issued reports on the stock. The Goldman Sachs Group reissued a “buy” rating and issued a $24.00 price objective 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 reiterated a “buy” rating and issued a $50.00 price target on shares of Via Transportation in a research report on Wednesday, June 17th. Deutsche Bank Aktiengesellschaft set a $25.00 price target on Via Transportation in a research note on Wednesday, May 13th. Finally, Weiss Ratings raised Via Transportation from a “sell (e+)” rating to a “sell (d)” rating in a research report on Wednesday, May 13th. Twelve equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Via Transportation presently has an average rating of “Moderate Buy” and an average target price of $37.10.
Via Transportation Trading Up 14.0%
The firm’s 50-day moving average price is $15.47 and its 200 day moving average price is $19.54. The company has a market capitalization of $1.42 billion and a price-to-earnings ratio of -18.83.
Insider Buying and Selling
In other Via Transportation news, Director Nechemia Jacob Peres purchased 25,000 shares of the firm’s stock in a transaction dated Tuesday, June 9th. The shares were bought at an average price of $14.70 per share, for a total transaction of $367,500.00. Following the purchase, the director owned 30,434 shares in the company, valued at approximately $447,379.80. This trade represents a 460.07% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Daniel Ramot purchased 3,571 shares of the stock in a transaction dated Tuesday, June 16th. The shares were acquired at an average cost of $14.00 per share, with a total value of $49,994.00. Following the acquisition, the chief executive officer directly owned 2,420,957 shares in the company, valued at $33,893,398. This represents a 0.15% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders purchased 31,904 shares of company stock worth $467,289 over the last three months. 39.28% of the stock is currently owned by insiders.
Institutional Trading of Via Transportation
Several large investors have recently bought and sold shares of the business. Bank of America Corp DE acquired a new position in Via Transportation during the third quarter worth about $29,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Via Transportation in the 4th quarter valued at approximately $34,000. Essential Partners LLC bought a new stake in shares of Via Transportation during the 1st quarter valued at approximately $40,000. Strs Ohio acquired a new position in Via Transportation during the 4th quarter worth approximately $52,000. Finally, Assetmark Inc. increased its position in Via Transportation by 89.0% during the 1st quarter. Assetmark Inc. now owns 3,632 shares of the company’s stock worth $54,000 after purchasing an additional 1,710 shares in the last quarter. 74.40% of the stock is owned by institutional investors and hedge funds.
About Via Transportation
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.
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