Insider at Norwegian Cruise Line Holdings (NCLH) Makes Significant Sale of Stock

Tuesday, March 06, 2018 10:15 PM ET

Insider at Norwegian Cruise Line Holdings (NCLH) Makes Significant Sale of Stock

There was a significant insider sale of Norwegian Cruise Line Holdings shares today, as disclosed in a filing with the SEC as — Apollo Management Holdings Gp Llc, 10% Owner — sold 19,500,000 shares in the company having a market value of approximately $1,092,000,000 This is the first insider buy/sell trade in the past 90 days.

The number of insider buy/sell trades at Norwegian Cruise Line Holdings is less than the 4 peer company average over the last 90-day period. The Cruise Lines peer group saw 39 buy/sell trades during this period for an average of 9.8 transactions per company. However, the number of shares per buy/sell trade for Norwegian Cruise Line Holdings is higher. Within the peer group there were 0 shares purchased and 572,721 shares sold with company insiders having sold 14,685 shares on average.

The data obtained in evaluating and writing in this story eliminates all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers.

Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

For more information, contact UpTick at Copyright 2018 UpTick Data Technologies. All rights reserved.

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