Viking (NYSE:VIK) EVP Jeffrey Dash Sells 25,000 Shares of Stock

Viking Holdings Ltd. (NYSE:VIK) EVP Jeffrey Dash sold 25,000 shares of the business’s stock in a transaction on Wednesday, November 4th. The stock was sold at an average price of $90.23, for a total value of $2,255,750.00. Following the sale, the executive vice president owned 395,022 shares of the company’s stock, valued at approximately $35,642,835.06. The trade was a 5.95% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Viking Trading Up 1.7%

Shares of Viking stock opened at $87.59 on Friday. The firm has a market capitalization of $39.04 billion, a PE ratio of 29.10, a price-to-earnings-growth ratio of 1.05 and a beta of 1.39. The firm’s 50 day moving average is $84.08 and its 200 day moving average is $85.47. The company has a current ratio of 0.81, a quick ratio of 0.79 and a debt-to-equity ratio of 3.61. Viking Holdings Ltd. has a 1 year low of $56.67 and a 1 year high of $110.09.

Viking (NYSE:VIK) last issued its quarterly earnings data on Thursday, August 20th. The company reported $1.31 EPS for the quarter, topping the consensus estimate of $1.26 by $0.05. Viking had a net margin of 19.33% and a return on equity of 117.98%. The business had revenue of $2.19 billion during the quarter, compared to analyst estimates of $2.14 billion. During the same period last year, the business posted $0.99 earnings per share. Viking’s quarterly revenue was up 16.5% compared to the same quarter last year. Equities research analysts forecast that Viking Holdings Ltd. will post 3.14 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms have recently commented on VIK. Mizuho lifted their price objective on Viking from $75.00 to $82.00 and gave the stock an “underperform” rating in a research note on Monday, August 24th. Stifel Nicolaus lowered their price objective on Viking from $120.00 to $115.00 and set a “buy” rating on the stock in a research report on Monday, September 28th. Benchmark raised shares of Viking to a “strong-buy” rating in a report on Friday, September 25th. BNP Paribas Exane reissued an “outperform” rating and set a $121.00 price objective (up from $104.00) on shares of Viking in a report on Tuesday, July 14th. Finally, Wells Fargo & Company upped their price objective on shares of Viking from $109.00 to $128.00 and gave the company an “overweight” rating in a research note on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $108.00.

Institutional Trading of Viking

Large investors have recently added to or reduced their stakes in the company. Wellington Management Group LLP lifted its position in shares of Viking by 654.3% during the 2nd quarter. Wellington Management Group LLP now owns 6,157,982 shares of the company’s stock valued at $644,556,000 after buying an additional 5,341,580 shares during the last quarter. Bank of America Corp DE lifted its position in shares of Viking by 41.0% during the first quarter. Bank of America Corp DE now owns 2,227,293 shares of the company’s stock worth $163,661,000 after purchasing an additional 647,606 shares during the last quarter. Ninety One UK Ltd increased its position in Viking by 229.5% during the 3rd quarter. Ninety One UK Ltd now owns 1,949,815 shares of the company’s stock valued at $152,729,000 after buying an additional 1,358,007 shares in the last quarter. Evercore Wealth Management LLC raised its holdings in Viking by 0.9% in the 1st quarter. Evercore Wealth Management LLC now owns 1,672,216 shares of the company’s stock worth $122,874,000 after purchasing an additional 14,465 shares during the period. Finally, Aberdeen Group plc acquired a new position in shares of Viking in the 3rd quarter valued at $121,701,000. Institutional investors and hedge funds own 98.84% of the company’s stock.

Viking Company Profile