Via Transportation Inc. (NYSE:VIA - Get Free Report) CEO Daniel Ramot bought 3,333 shares of the company's stock in a transaction that occurred on Friday, June 12th. The shares were bought at an average price of $14.94 per share, for a total transaction of $49,795.02. Following the transaction, the chief executive officer directly owned 2,417,386 shares in the company, valued at $36,115,746.84. This trade represents a 0.14% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Daniel Ramot also recently made the following trade(s):
- On Tuesday, June 16th, Daniel Ramot purchased 3,571 shares of Via Transportation stock. The stock was acquired at an average cost of $14.00 per share, with a total value of $49,994.00.
Via Transportation Trading Down 5.1%
NYSE VIA opened at $14.22 on Wednesday. The company has a fifty day simple moving average of $15.53 and a 200 day simple moving average of $20.45. Via Transportation Inc. has a 12-month low of $12.95 and a 12-month high of $56.31. The company has a market cap of $1.16 billion and a P/E ratio of -15.29.
Key Stories Impacting Via Transportation
Here are the key news stories impacting Via Transportation this week:
- Positive Sentiment: CEO Daniel Ramot bought 3,571 shares at $14.00 per share, following an earlier purchase of 3,333 shares at $14.94, signaling insider confidence in Via Transportation’s prospects.
- Positive Sentiment: Director Nechemia Peres purchased 25,000 shares for about $368,000, adding to his direct stake and reinforcing the insider-buying theme. Article Title
- Neutral Sentiment: Via Transportation announced a 55,000-square-foot lease at 2 Park Avenue, which may support operating flexibility but does not appear to be a major near-term stock driver.
- Negative Sentiment: Multiple law firms issued notices about a class action lawsuit against Via Transportation tied to its September 2025 IPO, with investors urged to meet the August 10 deadline to seek lead-plaintiff status. The repeated legal updates highlight ongoing litigation risk and could keep pressure on the shares.
Wall Street Analysts Forecast Growth
Several analysts recently issued reports on the stock. Raymond James Financial set a $19.00 price target on shares of Via Transportation in a research report on Tuesday, May 12th. Weiss Ratings raised shares of Via Transportation from a "sell (e+)" rating to a "sell (d)" rating in a research report on Wednesday, May 13th. Wells Fargo & Company reduced their price target on shares of Via Transportation from $36.00 to $30.00 and set an "overweight" rating for the company in a research report on Wednesday, May 13th. Oppenheimer reissued an "outperform" rating and issued a $25.00 price target on shares of Via Transportation in a research report on Monday, June 1st. Finally, Guggenheim reduced their price target on shares of Via Transportation from $58.00 to $50.00 and set a "buy" rating for the company in a research report on Monday, March 2nd. Twelve equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Via Transportation currently has an average rating of "Moderate Buy" and a consensus price target of $37.10.
Check Out Our Latest Stock Analysis on Via Transportation
Hedge Funds Weigh In On Via Transportation
A number of hedge funds have recently bought and sold shares of VIA. Wellington Management Group LLP purchased a new position in Via Transportation during the 3rd quarter worth $93,662,000. Koch Inc. purchased a new position in Via Transportation during the 3rd quarter worth $81,747,000. Capital Research Global Investors boosted its holdings in Via Transportation by 153.9% during the 4th quarter. Capital Research Global Investors now owns 2,140,200 shares of the company's stock worth $62,087,000 after acquiring an additional 1,297,114 shares during the last quarter. Vanguard Group Inc. purchased a new position in Via Transportation during the 3rd quarter worth $39,965,000. Finally, Capital World Investors purchased a new position in Via Transportation during the 3rd quarter worth $26,444,000. 74.40% of the stock is owned by hedge funds and other institutional investors.
Via Transportation Company Profile
(
Get Free Report)
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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