Insider Sale: EVP & CFO Mark Kempa Sells 15,000 Shares of Norwegian Cruise Line Holdings Ltd (NCLH)

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Nov 09, 2024

On November 6, 2024, Mark Kempa, Executive Vice President and Chief Financial Officer of Norwegian Cruise Line Holdings Ltd (NCLH, Financial), sold 15,000 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 253,386 shares of Norwegian Cruise Line Holdings Ltd.

Norwegian Cruise Line Holdings Ltd operates as a cruise company globally. It offers itineraries to approximately 490 destinations worldwide under three brands: Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises.

Over the past year, the insider has sold a total of 34,965 shares and has not made any purchases. The recent sale was conducted at a stock price of $27.86, valuing the transaction at approximately $417,900. This price reflects a market cap of $12.01 billion for Norwegian Cruise Line Holdings Ltd.

The company's price-earnings ratio stands at 25.06, which is above both the industry median of 19.58 and the historical median for the company. This indicates a higher valuation compared to its peers and its own past.

According to the GF Value, the intrinsic value of the stock is estimated at $23.71, making the current price-to-GF-Value ratio 1.18. This suggests that Norwegian Cruise Line Holdings Ltd is modestly overvalued.

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The insider transaction history for Norwegian Cruise Line Holdings Ltd shows a trend with 3 insider buys and 9 insider sells over the past year.

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Investors and stakeholders may consider these insider transactions and valuation metrics as part of their overall assessment of the company's stock and future prospects.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.