Norwegian Cruise Line Holdings Ltd. $NCLH Shares Sold by Candlestick Capital Management LP

Key Points

• Candlestick Capital cut its stake in Norwegian Cruise Line by 43.5% in Q3, selling 2,134,158 shares and leaving it with 2,767,223 shares worth about $68.2 million.
• Norwegian slightly beat EPS estimates ($0.28 vs. $0.27) while missing revenue expectations, set Q1 2026 EPS guidance at 0.16 and FY2026 at 2.38, and holds a MarketBeat consensus of "Moderate Buy" with an average target of $25.55.

Candlestick Capital Management LP decreased its position in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 43.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,767,223 shares of the company's stock after selling 2,134,158 shares during the period. Norwegian Cruise Line accounts for approximately 1.7% of Candlestick Capital Management LP's portfolio, making the stock its 20th biggest holding. Candlestick Capital Management LP owned about 0.61% of Norwegian Cruise Line worth $68,157,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Integrated Wealth Concepts LLC boosted its stake in shares of Norwegian Cruise Line by 26.7% during the first quarter. Integrated Wealth Concepts LLC now owns 23,133 shares of the company's stock worth $439,000 after buying an additional 4,872 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Norwegian Cruise Line by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 48,346 shares of the company's stock valued at $917,000 after acquiring an additional 2,002 shares during the last quarter. Woodline Partners LP lifted its position in Norwegian Cruise Line by 40.7% during the 1st quarter. Woodline Partners LP now owns 37,149 shares of the company's stock worth $704,000 after acquiring an additional 10,743 shares during the period. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in Norwegian Cruise Line during the 2nd quarter worth approximately $979,000. Finally, ProShare Advisors LLC grew its stake in shares of Norwegian Cruise Line by 3.1% in the 2nd quarter. ProShare Advisors LLC now owns 142,617 shares of the company's stock valued at $2,892,000 after purchasing an additional 4,294 shares during the last quarter. 69.58% of the stock is currently owned by institutional investors and hedge funds.

Norwegian Cruise Line Stock Performance

Shares of NCLH stock opened at $18.87 on Friday. The company has a current ratio of 0.21, a quick ratio of 0.18 and a debt-to-equity ratio of 6.21. The stock has a 50 day simple moving average of $22.40 and a 200-day simple moving average of $22.32. The company has a market cap of $8.60 billion, a price-to-earnings ratio of 21.69, a price-to-earnings-growth ratio of 0.51 and a beta of 2.00. Norwegian Cruise Line Holdings Ltd. has a 12-month low of $14.21 and a 12-month high of $27.18.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last posted its quarterly earnings results on Monday, March 2nd. The company reported $0.28 earnings per share for the quarter, beating analysts' consensus estimates of $0.27 by $0.01. Norwegian Cruise Line had a return on equity of 50.05% and a net margin of 4.31%.The firm had revenue of $2.24 billion for the quarter, compared to the consensus estimate of $2.34 billion. During the same period in the previous year, the business earned $0.26 earnings per share. The company's revenue for the quarter was up 6.4% compared to the same quarter last year. Norwegian Cruise Line has set its Q1 2026 guidance at 0.160-0.160 EPS and its FY 2026 guidance at 2.380-2.380 EPS. On average, equities analysts forecast that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the company. Stifel Nicolaus dropped their target price on Norwegian Cruise Line from $31.00 to $30.00 and set a "buy" rating on the stock in a report on Tuesday, March 3rd. The Goldman Sachs Group reiterated a "neutral" rating and issued a $20.00 price objective on shares of Norwegian Cruise Line in a research report on Tuesday, March 3rd. Jefferies Financial Group cut shares of Norwegian Cruise Line from a "buy" rating to a "hold" rating and dropped their price objective for the company from $26.00 to $20.00 in a research note on Monday, December 15th. Wells Fargo & Company cut their price objective on shares of Norwegian Cruise Line from $33.00 to $32.00 and set an "overweight" rating for the company in a research report on Tuesday, March 3rd. Finally, Citigroup raised their target price on shares of Norwegian Cruise Line from $26.00 to $29.00 and gave the stock a "buy" rating in a research note on Wednesday, January 14th. Two analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $25.55.

Norwegian Cruise Line Profile

Norwegian Cruise Line Holdings Ltd. NYSE: NCLH is a global cruise operator offering a portfolio of premium brands that includes Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises. The company provides sea voyages and related onboard services such as dining, entertainment, shore excursions and destination experiences. Its fleet of modern vessels sails to more than 400 destinations across all seven continents, serving leisure travelers with itineraries ranging from short Caribbean getaways to extended world voyages.

Founded in 1966 by Knut Kloster and Ted Arison, the company pioneered the concept of “Freestyle Cruising,” which allows passengers greater flexibility in dining schedules, entertainment choices and onboard activities.

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