Key Points
- Director Nechemia Jacob Peres bought 10,080 Via Transportation shares at an average price of $24.74, investing approximately $249,379 and increasing his direct ownership by 33.12% to 40,514 shares.
- Via Transportation opened at $24.98, with a market capitalization of about $2.03 billion and a 52-week trading range of $12.95 to $56.31. Analysts maintain a broadly positive view, with a consensus “Moderate Buy” rating and a $37.80 target price.
- Institutional investors own 74.40% of Via’s shares, with several firms—including Principal Financial Group and Stephens Investment Management Group—recently increasing their positions.
Via Transportation Inc. (NYSE:VIA - Get Free Report) Director Nechemia Jacob Peres purchased 10,080 shares of the firm's stock in a transaction dated Tuesday, August 11th. The stock was bought at an average cost of $24.74 per share, for a total transaction of $249,379.20. Following the acquisition, the director directly owned 40,514 shares in the company, valued at approximately $1,002,316.36. The trade was a 33.12% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink.
Nechemia Jacob Peres also recently made the following trade(s):
- On Tuesday, June 9th, Nechemia Jacob Peres acquired 25,000 shares of Via Transportation stock. The shares were bought at an average price of $14.70 per share, for a total transaction of $367,500.00.
Via Transportation Stock Performance
NYSE VIA opened at $24.98 on Thursday. Via Transportation Inc. has a 52-week low of $12.95 and a 52-week high of $56.31. The company has a fifty day moving average of $18.12 and a 200-day moving average of $17.38. The company has a market capitalization of $2.03 billion and a P/E ratio of -26.86.
Analyst Upgrades and Downgrades
VIA has been the subject of several research analyst reports. Guggenheim reaffirmed a "buy" rating and set a $50.00 price target on shares of Via Transportation in a research note on Wednesday, June 17th. Wells Fargo & Company increased their price objective on Via Transportation from $30.00 to $32.00 and gave the company an "overweight" rating in a research report on Friday, August 7th. Oppenheimer raised their price objective on Via Transportation from $25.00 to $30.00 and gave the company an "outperform" rating in a report on Friday, August 7th. Morgan Stanley restated an "overweight" rating and issued a $24.00 target price on shares of Via Transportation in a research report on Tuesday, May 12th. Finally, Raymond James Financial set a $19.00 target price on Via Transportation in a research note on Tuesday, May 12th. Twelve investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Via Transportation currently has an average rating of "Moderate Buy" and a consensus target price of $37.80.
Read Our Latest Stock Report on Via Transportation
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the stock. Weiss Asset Management LP bought a new stake in Via Transportation in the first quarter valued at approximately $2,433,000. Compound Planning Inc. bought a new position in shares of Via Transportation in the first quarter worth approximately $1,312,000. Summit Partners Public Asset Management LLC purchased a new position in shares of Via Transportation in the fourth quarter worth $14,233,000. Principal Financial Group Inc. raised its holdings in Via Transportation by 39.6% during the 1st quarter. Principal Financial Group Inc. now owns 1,086,438 shares of the company's stock valued at $16,297,000 after buying an additional 308,283 shares during the last quarter. Finally, Stephens Investment Management Group LLC raised its stake in shares of Via Transportation by 135.2% during the fourth quarter. Stephens Investment Management Group LLC now owns 234,211 shares of the company's stock valued at $6,794,000 after acquiring an additional 134,646 shares during the last quarter. 74.40% of the stock is owned by 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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