Key Points
- EVP Jeffrey Dash sold 28,631 shares on April 8 at an average price of $80.22 for a total of $2,296,778.82 under a pre-arranged Rule 10b5-1 plan, reducing his stake by 5.78% to 466,391 shares.
- Viking shares opened at $77.28 and are trading near their 52‑week high of $81.48, with a market capitalization of $34.44 billion and a P/E ratio of 30.07.
- Analyst and market signals are mixed: MarketBeat shows a consensus “Moderate Buy” with a $75.14 target, while short interest jumped ~21.3% and Barclays trimmed its price target from $77 to $76.
Viking Holdings Ltd. (NYSE:VIK - Get Free Report) EVP Jeffrey Dash sold 28,631 shares of the stock in a transaction on Wednesday, April 8th. The shares were sold at an average price of $80.22, for a total value of $2,296,778.82. Following the completion of the transaction, the executive vice president owned 466,391 shares in the company, valued at $37,413,886.02. The trade was a 5.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Viking Stock Down 1.2%
Shares of VIK opened at $77.28 on Friday. The firm has a market capitalization of $34.44 billion, a price-to-earnings ratio of 30.07, a PEG ratio of 1.44 and a beta of 1.90. The company has a debt-to-equity ratio of 4.76, a quick ratio of 0.77 and a current ratio of 0.79. The business's fifty day moving average price is $74.25 and its two-hundred day moving average price is $68.50. Viking Holdings Ltd. has a 52 week low of $36.99 and a 52 week high of $81.48.
Viking (NYSE:VIK - Get Free Report) last announced its quarterly earnings data on Saturday, February 14th. The company reported $0.67 EPS for the quarter. The firm had revenue of $1.72 billion for the quarter. Viking had a return on equity of 240.75% and a net margin of 17.65%. On average, analysts predict that Viking Holdings Ltd. will post 1.49 earnings per share for the current year.
Trending Headlines about Viking
Here are the key news stories impacting Viking this week:
- Positive Sentiment: Viking is expanding seasonal offerings — the company is building up winter programs in Europe, which could increase utilization and yield on its river and ocean capacity during shoulder months. Viking Builds Up Winter Programs in Europe
- Positive Sentiment: A former vessel, Zhao Shang Yi Dun, has been rebranded and rejoined the Viking fleet as Viking Yi Dun, adding capacity and signaling fleet optimization and brand consolidation. Former Zhao Shang Yi Dun Rebranded as Viking Yi Dun, Rejoins Viking Fleet
- Neutral Sentiment: Headline pieces about a surge in VIK headlines (e.g., “Viking (VIK) Shares Skyrocket”) can drive intraday volatility and retail interest but don’t provide new fundamentals. Monitor whether such coverage translates into sustained flows. Viking (VIK) Shares Skyrocket, What You Need To Know
- Neutral Sentiment: Several cultural/archaeology stories referencing “Viking” (a gold-coin discovery, pre‑Viking ship burials, and related history pieces) are unrelated to company fundamentals but may generate peripheral media noise. Metal detectorist finds Viking Age gold coin that might upend history 700 AD Discovery in Norway Reveals Ship Burials Predate the Viking Age Deviant Burials in Viking Age Scandinavia
- Negative Sentiment: Short interest jumped ~21.3% to 7.74M shares as of March 31, raising short interest to ~2.8 days of volume and representing ~1.7% of shares outstanding. Increasing short activity can add downward pressure and volatility if shorts accelerate.
- Negative Sentiment: Barclays cut its price target from $77 to $76 and kept an “equal weight” rating, signaling little near‑term upside from this major bank and removing some analyst support. Barclays Lowers VIK Price Target
Wall Street Analysts Forecast Growth
A number of brokerages have commented on VIK. Morgan Stanley increased their price objective on Viking from $75.00 to $79.00 and gave the company an "overweight" rating in a research report on Wednesday, March 4th. Wells Fargo & Company cut their price target on Viking from $82.00 to $78.00 and set an "equal weight" rating on the stock in a research note on Friday, March 20th. Jefferies Financial Group raised Viking from a "hold" rating to a "buy" rating and increased their price target for the company from $60.00 to $80.00 in a research note on Monday, December 15th. Weiss Ratings reissued a "hold (c)" rating on shares of Viking in a research note on Monday, December 29th. Finally, Mizuho increased their price target on Viking from $59.00 to $69.00 and gave the company an "underperform" rating in a research note on Thursday, March 5th. Ten analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, Viking has a consensus rating of "Moderate Buy" and a consensus target price of $75.14.
Get Our Latest Analysis on VIK
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in VIK. Federated Hermes Inc. lifted its stake in shares of Viking by 381.8% in the 3rd quarter. Federated Hermes Inc. now owns 8,474,767 shares of the company's stock valued at $526,792,000 after purchasing an additional 6,715,666 shares during the period. Norges Bank bought a new stake in shares of Viking in the 4th quarter valued at $372,297,000. Massachusetts Financial Services Co. MA increased its position in shares of Viking by 80.3% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 8,117,783 shares of the company's stock valued at $504,601,000 after buying an additional 3,615,969 shares in the last quarter. Invesco Ltd. lifted its holdings in Viking by 32.8% during the third quarter. Invesco Ltd. now owns 14,048,357 shares of the company's stock worth $873,246,000 after acquiring an additional 3,471,244 shares in the last quarter. Finally, AQR Capital Management LLC lifted its holdings in Viking by 316.8% during the fourth quarter. AQR Capital Management LLC now owns 4,426,297 shares of the company's stock worth $316,082,000 after acquiring an additional 3,364,265 shares in the last quarter. Institutional investors and hedge funds own 98.84% of the company's stock.
Viking Company Profile
(
Get Free Report)
Viking Holdings Ltd engages in the passenger shipping and other forms of passenger transport in North America, the United Kingdom, and internationally. It operates through River and Ocean segments. The company also operates as a tour entrepreneur for passengers and related activities in tourism. As of December 31, 2023, it operated a fleet of 92 ships, including 81 river vessels comprising 58 Longships, 10 smaller classes based on the Longship design, 11 other river vessels, and 1 river vessel charter and the Viking Mississippi; 9 ocean ships; and 2 expedition ships.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
