41,627 Shares in Via Transportation Inc. $VIA Acquired by Lavaca Capital LLC

Lavaca Capital LLC bought a new position in Via Transportation Inc. (NYSE:VIA) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 41,627 shares of the company’s stock, valued at approximately $624,000. Lavaca Capital LLC owned approximately 0.05% of Via Transportation at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in VIA. Wellington Management Group LLP bought a new stake in shares of Via Transportation in the 3rd quarter worth approximately $93,662,000. Capital Research Global Investors grew its holdings in shares of Via Transportation by 153.9% during the 4th quarter. Capital Research Global Investors now owns 2,140,200 shares of the company’s stock valued at $62,087,000 after purchasing an additional 1,297,114 shares during the last quarter. Vanguard Group Inc. purchased a new position in Via Transportation in the 3rd quarter worth $39,965,000. Summit Partners Public Asset Management LLC purchased a new position in Via Transportation in the 4th quarter worth $14,233,000. Finally, Alliancebernstein L.P. bought a new stake in Via Transportation in the third quarter worth $23,317,000. 74.40% of the stock is owned by hedge funds and other institutional investors.

Via Transportation Stock Down 3.5%

Shares of VIA opened at $17.45 on Thursday. The stock has a market capitalization of $1.42 billion and a P/E ratio of -18.77. Via Transportation Inc. has a twelve month low of $12.95 and a twelve month high of $56.31. The firm has a fifty day simple moving average of $16.24 and a two-hundred day simple moving average of $17.86.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on VIA shares. Deutsche Bank Aktiengesellschaft set a $25.00 price objective on Via Transportation in a research note on Wednesday, May 13th. The Goldman Sachs Group reissued a “buy” rating and issued a $24.00 target price on shares of Via Transportation in a research note on Wednesday, May 13th. Weiss Ratings upgraded Via Transportation from a “sell (e+)” rating to a “sell (d)” rating in a report on Wednesday, May 13th. Wells Fargo & Company reduced their price target on Via Transportation from $36.00 to $30.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 13th. Finally, Oppenheimer reaffirmed an “outperform” rating and issued a $25.00 price target on shares of Via Transportation in a research note on Monday, June 1st. 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. According to data from MarketBeat.com, Via Transportation currently has an average rating of “Moderate Buy” and a consensus target price of $37.10.

More Via Transportation News

Here are the key news stories impacting Via Transportation this week:

• Negative Sentiment: Multiple law firms reiterated that a class action has been filed against Via Transportation and certain officers, alleging violations of federal securities laws related to IPO offering materials. Article Title
• Negative Sentiment: Several notices emphasized that investors who bought VIA shares in or around the IPO may have lost money and can seek lead-plaintiff status, reinforcing concerns about litigation exposure. Article Title
• Negative Sentiment: One filing framed the lawsuit as stemming from alleged “land and expand” growth claims that supposedly masked regulatory barriers, suggesting the stock’s prior weakness may be tied to operational and disclosure concerns. Article Title
• Neutral Sentiment: Additional firms including Robbins Geller, Rosen, Pomerantz, Portnoy, Gross, SueWallSt, and Faruqi & Faruqi issued deadline reminders and case updates, but these were largely procedural rather than new company-specific developments. Article Title

Insider Transactions at Via Transportation

In other Via Transportation news, CEO Daniel Ramot purchased 3,571 shares of Via Transportation stock in a transaction that occurred on Tuesday, June 16th. The shares were bought at an average price of $14.00 per share, for a total transaction of $49,994.00. Following the acquisition, the chief executive officer directly owned 2,420,957 shares in the company, valued at approximately $33,893,398. This trade represents a 0.15% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Nechemia Jacob Peres purchased 25,000 shares of the stock in a transaction on Tuesday, June 9th. The shares were acquired at an average cost of $14.70 per share, with a total value of $367,500.00. Following the transaction, the director directly owned 30,434 shares in the company, valued at $447,379.80. The trade was a 460.07% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last quarter, insiders have bought 31,904 shares of company stock valued at $467,289. 39.28% of the stock is currently owned by company insiders.

Via Transportation Profile

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.