Norwegian Cruise Line Holdings Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

DB:1NC Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
08 Nov 24	Sell€975,733	Faye Ashby	Individual	38,344	€25.45
06 Nov 24	Sell€750,152	Andrea DeMarco	Individual	29,000	€25.87
06 Nov 24	Sell€389,416	Mark Kempa	Individual	15,000	€25.96
04 Nov 24	Buy€181,000	Zillah Byng-Thorne	Individual	7,930	€22.82
04 Nov 24	Sell€2,265,535	Harry Sommer	Individual	100,000	€22.66
04 Nov 24	Sell€1,063,145	Daniel Farkas	Individual	46,820	€22.71
27 Aug 24	Sell€405,177	Harry Sommer	Individual	25,000	€16.21
27 Aug 24	Sell€486,150	Daniel Farkas	Individual	30,000	€16.21
05 Jun 24	Sell€331,873	Faye Ashby	Individual	19,582	€16.95
31 May 24	Buy€203,268	Zillah Byng-Thorne	Individual	13,360	€15.21
22 May 24	Buy€302,250	Jose Cil	Individual	20,000	€15.11
08 Mar 24	Sell€365,012	Mark Kempa	Individual	19,965	€18.28

Insider Trading Volume

Insider Buying: 1NC insiders have sold more shares than they have bought in the past 3 months.

Ownership Breakdown

What is the ownership structure of 1NC?
Owner Type	Number of Shares	Ownership Percentage
State or Government	375,522	0.0854%
Individual Insiders	2,699,518	0.614%
General Public	108,750,941	24.7%
Institutions	327,882,297	74.6%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.4%.

Top Shareholders

Top 25 shareholders own 58.57% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
12.1%	The Vanguard Group, Inc.	53,029,922	€1.3b	-0.05%	0.02%
11.7%	Capital Research and Management Company	51,427,979	€1.3b	43.2%	0.06%
6.43%	BlackRock, Inc.	28,293,695	€713.3m	-0.69%	0.01%
3.85%	T. Rowe Price Group, Inc.	16,908,505	€426.3m	-37.1%	0.04%
3.47%	State Street Global Advisors, Inc.	15,241,984	€384.3m	4.25%	0.01%
2.39%	Geode Capital Management, LLC	10,522,834	€265.3m	1.89%	0.02%
1.99%	Baillie Gifford & Co.	8,734,579	€220.2m	0%	0.1%
1.91%	Invesco Capital Management LLC	8,390,375	€211.5m	-17.6%	0.08%
1.46%	Two Sigma Investments, LP	6,430,497	€162.1m	177%	0.38%
1.21%	Ariel Investments, LLC	5,319,408	€134.1m	-6.37%	1.37%
1.14%	Dimensional Fund Advisors LP	5,024,113	€126.7m	9.98%	0.02%
1.12%	Norges Bank Investment Management	4,944,751	€124.7m	0%	0.01%
1.08%	Millennium Management LLC	4,736,401	€119.4m	2,250%	0.1%
0.88%	Two Sigma Advisers, LP	3,864,600	€97.4m	865%	0.23%
0.88%	D. E. Shaw & Co., L.P.	3,849,264	€97.0m	294%	0.14%
0.84%	Greenhouse Funds LLLP	3,693,558	€93.1m	85.3%	4.29%
0.8%	Charles Schwab Investment Management, Inc.	3,500,309	€88.2m	2.76%	0.01%
0.79%	Northern Trust Global Investments	3,458,228	€87.2m	0.81%	0.01%
0.76%	Eaton Vance Management	3,341,425	€84.2m	2.17%	0.02%
0.73%	Morgan Stanley, Investment Banking and Brokerage Investments	3,210,107	€80.9m	-18.1%	0.01%
0.7%	UBS Asset Management AG	3,069,183	€77.4m	59.5%	0.01%
0.64%	Patient Capital Management, LLC	2,801,950	€70.6m	-1.24%	3.28%
0.6%	Renaissance Technologies LLC	2,617,600	€66.0m	0%	0.1%
0.59%	Citadel Advisors LLC	2,574,016	€64.9m	-62.9%	0.07%
0.58%	Balyasny Asset Management L.P.	2,535,952	€63.9m	5,560%	0.17%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/18 03:02
End of Day Share Price	2024/12/18 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

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Analyst Sources

Norwegian Cruise Line Holdings Ltd. is covered by 36 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
John Staszak	Argus Research Company
Ishan Majumdar	Baptista Research
Brandt Montour	Barclays