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 (NCLHResearch Report), Andrew Stuart, exercised options to sell 20,000 NCLH shares at $19.00 a share, for a total transaction value of $1.08M.

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 March 31, the company posted quarterly revenue of $1.4 billion and quarterly net profit of $118 million. In comparison, last year the company earned revenue of $1.29 billion and had a net profit of $103 million. NCLH’s market cap is $11.54B and the company has a P/E ratio of 12.35. Currently, Norwegian Cruise Line has an average volume of 1.27M.

Based on 8 analyst ratings, the analyst consensus is Strong Buy with an average price target of $68.25, reflecting a 26.8% upside.

The insider sentiment on Norwegian Cruise Line has been negative according to 61 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.