On November 4, 2024, Harry Sommer, President and Chief Executive Officer of Norwegian Cruise Line Holdings Ltd (NCLH, Financial), sold 100,000 shares of the company. The transaction was reported in a recent SEC Filing. Following this sale, the insider now owns 449,129 shares of the company.
Norwegian Cruise Line Holdings Ltd operates as a global cruise company, offering travelers the opportunity to visit various destinations around the world. The company is known for its innovative and guest-friendly services.
Over the past year, Harry Sommer has sold a total of 125,000 shares and has not purchased any shares. This recent transaction is part of a broader trend within the company, where there have been 6 insider sells and 3 insider buys over the past year.
Shares of Norwegian Cruise Line Holdings Ltd were trading at $24.67 on the day of the transaction. The company has a market cap of approximately $11.41 billion. The price-earnings ratio stands at 23.80, which is above both the industry median of 19.095 and the company's historical median.
The stock's valuation according to the GF Value is $23.71, leading to a price-to-GF-Value ratio of 1.04, indicating that the stock is Fairly Valued.
The GF Value is calculated based on historical trading multiples like the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company's past performance and estimated future business outcomes.
This insider sell event by Harry Sommer provides an interesting data point for investors tracking insider behaviors and company stock valuation metrics.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
