State of Alaska Department of Revenue Takes $367,000 Position in Pursuit Attractions and Hospitality, Inc. $PRSU

Key Points

• The State of Alaska Department of Revenue purchased a new stake in Pursuit Attractions and Hospitality, Inc. for approximately $367,000, acquiring 12,784 shares in the 2nd quarter.
• Analysts maintain a "Moderate Buy" rating for PRSU, with a current average price target of $29.67.
• Director Jill Bright increased her position in the company by purchasing 1,000 shares at an average price of $36.77, raising her total ownership to 6,311 shares valued at over $232,000.

State of Alaska Department of Revenue bought a new position in shares of Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 12,784 shares of the company's stock, valued at approximately $367,000.

Separately, Veracity Capital LLC acquired a new stake in Pursuit Attractions and Hospitality during the second quarter worth about $3,497,000. Institutional investors and hedge funds own 89.91% of the company's stock.

Analyst Ratings Changes

Several research firms recently commented on PRSU. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Pursuit Attractions and Hospitality in a report on Wednesday. Oppenheimer reaffirmed an "outperform" rating on shares of Pursuit Attractions and Hospitality in a report on Friday, August 8th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $29.67.

Insider Buying and Selling at Pursuit Attractions and Hospitality

In other news, Director Jill Bright bought 1,000 shares of the firm's stock in a transaction dated Tuesday, August 26th. The shares were acquired at an average price of $36.77 per share, for a total transaction of $36,770.00. Following the completion of the transaction, the director directly owned 6,311 shares in the company, valued at $232,055.47. The trade was a 18.83% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.71% of the stock is currently owned by company insiders.

Pursuit Attractions and Hospitality Stock Down 0.3%

Shares of PRSU opened at $34.97 on Friday. The company has a current ratio of 1.04, a quick ratio of 0.89 and a debt-to-equity ratio of 0.13. Pursuit Attractions and Hospitality, Inc. has a 12 month low of $26.66 and a 12 month high of $47.49. The stock's 50 day moving average is $35.54 and its two-hundred day moving average is $32.02. The firm has a market cap of $988.60 million, a P/E ratio of 3.03, a PEG ratio of 2.13 and a beta of 1.76.

Pursuit Attractions and Hospitality (NYSE:PRSU - Get Free Report) last issued its quarterly earnings data on Wednesday, August 6th. The company reported $0.36 EPS for the quarter, beating the consensus estimate of $0.26 by $0.10. The company had revenue of $116.74 million for the quarter, compared to analyst estimates of $110.30 million. Pursuit Attractions and Hospitality had a return on equity of 21.30% and a net margin of 51.67%. Analysts predict that Pursuit Attractions and Hospitality, Inc. will post 1.25 earnings per share for the current fiscal year.

About Pursuit Attractions and Hospitality

Pursuit Attractions & Hospitality, Inc engages in the provision of hospitality and leisure activities, experiential marketing, and live events. It operates through the following segments: Pursuit, Spiro, and GES Exhibitions. The Pursuit segment provides travel experiences that include recreational attractions, unique hotels and lodges, food and beverage, retail, sightseeing, and ground transportation services.

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