Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) CEO Jason Montague sold 10,805 shares of the stock in a transaction that occurred on Friday, May 17th. The shares were sold at an average price of $57.50, for a total transaction of $621,287.50. Following the transaction, the chief executive officer now owns 92,993 shares in the company, valued at $5,347,097.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Shares of Norwegian Cruise Line stock opened at $56.81 on Thursday. Norwegian Cruise Line Holdings Ltd. has a 52-week low of $39.36 and a 52-week high of $59.71.

Norwegian Cruise Line (NASDAQ:NCLH) last issued its earnings results on Thursday, May 9th. The company reported $0.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.71 by $0.12. The firm had revenue of $1.40 billion during the quarter, compared to the consensus estimate of $1.39 billion. During the same quarter in the prior year, the business posted $0.60 EPS. The firm’s revenue for the quarter was up 8.5% on a year-over-year basis.

A number of brokerages have commented on NCLH. JPMorgan Chase & Co. increased their price target on shares of Norwegian Cruise Line from $63.00 to $67.00 and gave the company an “overweight” rating in a research report on Friday, May 10th. UBS Group increased their price target on shares of Norwegian Cruise Line from $58.00 to $62.00 and gave the company a “neutral” rating in a research report on Tuesday, May 14th. Nomura increased their price target on shares of Norwegian Cruise Line from $65.00 to $69.00 and gave the company a “buy” rating in a research report on Friday, May 10th. BidaskClub upgraded shares of Norwegian Cruise Line from a “sell” rating to a “hold” rating in a report on Thursday, February 7th. Finally, Wedbush raised their target price on shares of Norwegian Cruise Line from $44.00 to $65.00 and gave the stock an “outperform” rating in a report on Friday, February 22nd. Three analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $67.00.

Several institutional investors have recently modified their holdings of the company. Machina Capital S.A.S. bought a new stake in Norwegian Cruise Line in the fourth quarter valued at $29,000. Exane Derivatives boosted its holdings in Norwegian Cruise Line by 221.9% in the fourth quarter. Exane Derivatives now owns 1,220 shares of the company’s stock valued at $52,000 after acquiring an additional 841 shares in the last quarter. Oregon Public Employees Retirement Fund boosted its holdings in Norwegian Cruise Line by 10,307.1% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 2,332,849 shares of the company’s stock valued at $55,000 after acquiring an additional 2,310,433 shares in the last quarter. Acadian Asset Management LLC bought a new stake in Norwegian Cruise Line in the fourth quarter valued at $79,000. Finally, First Mercantile Trust Co. boosted its holdings in Norwegian Cruise Line by 46.7% in the fourth quarter. First Mercantile Trust Co. now owns 1,980 shares of the company’s stock valued at $84,000 after acquiring an additional 630 shares in the last quarter. Hedge funds and other institutional investors own 88.85% of the company’s stock.

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Norwegian Cruise Line Company Profile

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.

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