Insider Selling: Viking (NYSE:VIK) EVP Sells $3,720,184.87 in Stock

Viking Holdings Ltd. (NYSE:VIK) EVP Jeffrey Dash sold 46,369 shares of the stock in a transaction on Tuesday, April 14th. The shares were sold at an average price of $80.23, for a total transaction of $3,720,184.87. Following the sale, the executive vice president directly owned 420,022 shares of the company’s stock, valued at $33,698,365.06. The trade was a 9.94% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Jeffrey Dash also recently made the following trade(s):

• On Wednesday, April 8th, Jeffrey Dash sold 28,631 shares of Viking stock. The stock was sold at an average price of $80.22, for a total transaction of $2,296,778.82.

Viking Stock Up 6.5%

Shares of NYSE VIK opened at $85.56 on Friday. The company has a current ratio of 0.79, a quick ratio of 0.77 and a debt-to-equity ratio of 4.76. Viking Holdings Ltd. has a 12 month low of $36.99 and a 12 month high of $86.24. The firm has a market capitalization of $38.13 billion, a PE ratio of 33.29, a price-to-earnings-growth ratio of 1.48 and a beta of 1.90. The firm has a fifty day simple moving average of $74.91 and a two-hundred day simple moving average of $69.27.

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

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Y Intercept Hong Kong Ltd purchased a new stake in Viking during the 3rd quarter valued at about $989,000. Congress Asset Management Co. purchased a new stake in Viking during the 3rd quarter valued at about $65,041,000. Merit Financial Group LLC grew its position in Viking by 42.6% during the 3rd quarter. Merit Financial Group LLC now owns 27,635 shares of the company’s stock valued at $1,718,000 after purchasing an additional 8,256 shares during the last quarter. Diversified Trust Co purchased a new stake in Viking during the 3rd quarter valued at about $1,258,000. Finally, Stephens Investment Management Group LLC grew its position in Viking by 12.9% during the 3rd quarter. Stephens Investment Management Group LLC now owns 686,873 shares of the company’s stock valued at $42,696,000 after purchasing an additional 78,380 shares during the last quarter. 98.84% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts have commented on the stock. Truist Financial upped their price objective on shares of Viking from $61.00 to $75.00 and gave the stock a “hold” rating in a report on Tuesday, March 24th. Citigroup upped their price objective on shares of Viking from $88.00 to $90.00 and gave the stock a “buy” rating in a report on Monday, April 13th. Weiss Ratings restated a “hold (c)” rating on shares of Viking in a report on Monday, December 29th. Mizuho upped their price objective on shares of Viking from $59.00 to $69.00 and gave the stock an “underperform” rating in a report on Thursday, March 5th. Finally, Wells Fargo & Company upped their price objective on shares of Viking from $78.00 to $79.00 and gave the stock a “cautious” rating in a report on Wednesday. Eleven equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $76.67.

Viking News Summary

Here are the key news stories impacting Viking this week:

• Positive Sentiment: Multiple analysts raised targets and the stock hit a new 52‑week high following the upgrades, attracting momentum buyers. Read More.
• Positive Sentiment: Large institutional investors have been adding positions (Invesco, Federated Hermes, MFS, Norges Bank, AQR noted in recent filings), which supports demand and liquidity at current levels. Read More.
• Neutral Sentiment: Comparative analyst write‑ups (Zacks) discuss VIK vs. peers as a value/quality choice in leisure & recreation, offering context but no new company‑specific catalyst. Read More.
• Neutral Sentiment: Operational note: Viking’s expedition ships returned to Alpena for a fifth season — a modest, local visibility boost for river/expedition operations but not a market‑moving development. Read More.
• Negative Sentiment: Insider selling: EVP Jeffrey Dash disclosed sales of 46,369 shares (≈$3.72M at ~ $80.23/share), reducing his position by ~9.9%. Large insider sales at recent highs can signal profit‑taking and may cap near‑term upside. Read More.

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.