Galvin Gaustad & Stein LLC Sells 223,055 Shares of Viking Holdings Ltd. $VIK

Key Points

• Galvin Gaustad & Stein cut its Viking stake by 94.9%, selling 223,055 shares in Q4 and leaving a 12,094‑share holding worth about $864,000 per its latest 13F filing.
• Insider sale: EVP Jeffrey Dash sold 28,631 shares at an average of $80.22 (≈$2.30M) under a Rule 10b5‑1 plan, reducing his stake by 5.78% to 466,391 shares.
• Analyst views diverge — Citigroup raised its target to $90 (buy) while Barclays cut its target to $76 (equal weight); the stock’s consensus rating is a "Moderate Buy" with an average target of about $75.29.

Galvin Gaustad & Stein LLC decreased its position in shares of Viking Holdings Ltd. (NYSE:VIK - Free Report) by 94.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,094 shares of the company's stock after selling 223,055 shares during the quarter. Galvin Gaustad & Stein LLC's holdings in Viking were worth $864,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Y Intercept Hong Kong Ltd bought a new stake in Viking during the third quarter worth about $989,000. Congress Asset Management Co. acquired a new position in Viking during the third quarter worth about $65,041,000. Merit Financial Group LLC raised its stake in Viking by 42.6% during the third quarter. Merit Financial Group LLC now owns 27,635 shares of the company's stock worth $1,718,000 after acquiring an additional 8,256 shares in the last quarter. Diversified Trust Co acquired a new position in Viking during the third quarter worth about $1,258,000. Finally, Stephens Investment Management Group LLC raised its stake in Viking by 12.9% during the third quarter. Stephens Investment Management Group LLC now owns 686,873 shares of the company's stock worth $42,696,000 after acquiring an additional 78,380 shares in the last quarter. Institutional investors own 98.84% of the company's stock.

More Viking News

Here are the key news stories impacting Viking this week:

• Positive Sentiment: Citigroup raised its price target on VIK to $90 and maintained a "buy" rating, implying roughly 15% upside from the stock's recent level — a clear analyst-driven positive catalyst. Citigroup raises VIK price target to $90
• Positive Sentiment: Viking is expanding river cruise itineraries with new voyages along India’s Brahmaputra River, broadening product offerings and potential revenue streams in a high-growth luxury travel segment. Viking expands river voyages on the Brahmaputra
• Positive Sentiment: Engineering/operations update: Viking’s new Helix evacuation system simplifies ship evacuation at speed, which supports safety credentials and could reduce operational risk and insurance/operating costs over time. New Viking Helix evacuation system
• Positive Sentiment: Analyst/industry coverage: A recent investor piece highlights Viking’s ability to command premium pricing from its high-end customer base, supporting margin resilience versus peers. Fool: 2 cruise line stocks to buy
• Neutral Sentiment: Viking opened a U.S. trading window as a separate report mentions a "tungsten push" accelerating — coverage that may be operationally relevant but lacks clear, immediate financial impact. Viking opens US trading window
• Neutral Sentiment: Media/features and comparisons (brand perception): pieces comparing Viking with peers and reviewing the quality of Viking Cruises are circulating; useful for demand/brand checks but not direct near-term earnings drivers. Comparing Target Hospitality and Viking
• Neutral Sentiment: Some coverage references Viking Therapeutics (VKTX) — a different company/ticker — which can cause confusion among retail readers but does not affect VIK’s fundamentals. Viking Therapeutics coverage (different ticker)
• Negative Sentiment: Barclays cut its price target on VIK to $76, signaling at least one major bank's more cautious near-term view — a potential headwind for sentiment if other shops follow. Barclays cuts VIK price target to $76

Insider Activity

In other news, EVP Jeffrey Dash sold 28,631 shares of the company's 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 owned 466,391 shares of the company's stock, valued at $37,413,886.02. This represents a 5.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Viking Stock Performance

Viking stock opened at $78.21 on Tuesday. The business has a 50 day moving average of $74.29 and a 200-day moving average of $68.74. Viking Holdings Ltd. has a 1 year low of $36.99 and a 1 year high of $81.48. The company has a debt-to-equity ratio of 4.76, a current ratio of 0.79 and a quick ratio of 0.77. The company has a market capitalization of $34.86 billion, a P/E ratio of 30.43, a P/E/G ratio of 1.42 and a beta of 1.90.

Viking (NYSE:VIK - Get Free Report) last released 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 company had revenue of $1.72 billion during the quarter. On average, equities research analysts predict that Viking Holdings Ltd. will post 1.49 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts have commented on VIK shares. Barclays lowered their target price on Viking from $77.00 to $76.00 and set an "equal weight" rating for the company in a research note on Friday. Citigroup boosted their target price on Viking from $88.00 to $90.00 and gave the stock a "buy" rating in a research note on Monday. Stifel Nicolaus boosted their target price on Viking from $85.00 to $90.00 and gave the stock a "buy" rating in a research note on Wednesday, March 4th. Weiss Ratings reissued a "hold (c)" rating on shares of Viking in a research note on Monday, December 29th. Finally, UBS Group boosted their target price on Viking from $79.00 to $83.00 and gave the stock a "buy" rating in a research note on Wednesday, March 11th. Ten analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Viking currently has an average rating of "Moderate Buy" and an average target price of $75.29.

Viking Company Profile

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.

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