Jeffrey Dash Sells 28,631 Shares of Viking (NYSE:VIK) Stock

Viking Holdings Ltd. (NYSE:VIK) EVP Jeffrey Dash sold 28,631 shares of the stock in a transaction that occurred on Wednesday, April 8th. The stock was 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 directly owned 466,391 shares of the company’s stock, valued at $37,413,886.02. This trade represents a 5.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Viking Stock Performance

Shares of VIK stock opened at $77.28 on Friday. Viking Holdings Ltd. has a 12-month low of $36.99 and a 12-month high of $81.48. The firm has a market capitalization of $34.44 billion, a price-to-earnings ratio of 30.07, a price-to-earnings-growth ratio of 1.42 and a beta of 1.90. The business has a 50 day simple moving average of $74.25 and a 200 day simple moving average of $68.56. The company has a debt-to-equity ratio of 4.76, a current ratio of 0.79 and a quick ratio of 0.77.

Viking (NYSE:VIK) last issued its quarterly earnings data on Saturday, February 14th. The company reported $0.67 earnings per share (EPS) for the quarter. Viking had a return on equity of 240.75% and a net margin of 17.65%.The business had revenue of $1.72 billion during the quarter. On average, equities research analysts anticipate that Viking Holdings Ltd. will post 1.49 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. Citigroup increased their price objective on Viking from $85.00 to $88.00 and gave the stock a “buy” rating in a report on Wednesday, March 4th. Wall Street Zen raised Viking from a “hold” rating to a “buy” rating in a research note on Sunday, April 5th. Wells Fargo & Company decreased their price target on Viking from $82.00 to $78.00 and set an “equal weight” rating for the company 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. Finally, UBS Group increased their price target on Viking from $79.00 to $83.00 and gave the company a “buy” rating in a research note on Wednesday, March 11th. Ten research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $75.14.

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

Hedge Funds Weigh In On Viking

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Federated Hermes Inc. boosted its holdings in Viking by 381.8% during the third quarter. Federated Hermes Inc. now owns 8,474,767 shares of the company’s stock worth $526,792,000 after buying an additional 6,715,666 shares in the last quarter. Norges Bank bought a new stake in Viking during the fourth quarter worth approximately $372,297,000. Massachusetts Financial Services Co. MA boosted its stake in shares of Viking by 80.3% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 8,117,783 shares of the company’s stock worth $504,601,000 after acquiring an additional 3,615,969 shares in the last quarter. Invesco Ltd. boosted its stake in shares of Viking by 32.8% during the 3rd 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 boosted its stake in shares of Viking by 316.8% during the 4th 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. 98.84% of the stock is owned by institutional investors.

About Viking

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.