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Company Analysis

NCLH Insider Trading

Norwegian Cruise Line Holdings Ltd. | Water Transportation

Comprehensive Trading Performance Summary

The investment history of corporate insiders at Norwegian Cruise Line Holdings Ltd. provides a unique lens into the internal conviction of the company's leadership. By analyzing SEC Form 4 filings, investors can track how directors and officers are allocating their own capital. High-conviction buying often signals that management believes the current market price significantly undervalues future growth prospects, while strategic selling might occur for personal liquidity or portfolio diversification. Monitoring these shifts in ownership is essential for understanding the alignment between management and shareholders in the Water Transportation sector.

Transactions on Chart

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Filing Date Trade Date Reporting Person Relationship Type Price Qty Total, $ Owned After Change, %
2025-12-17 00:15 2025-12-12 Ashby Faye L. Officer - SVP & Chief Accounting Officer SELL $21.00 5,250 $110,250 130,370 -3.9%
2025-11-26 00:15 2025-11-25 Dahlgren Patrik Officer - EVP, Chief Vessel Ops & NO BUY $17.94 5,550 $99,578 144,817 +4.0%
2025-11-12 16:30 2025-11-07 Curtis Harry C Director BUY $19.25 5,000 $96,250 50,325 +11.0%
2025-11-10 16:00 2025-11-06 David Stella Director BUY $18.59 6,986 $129,870 103,474 +7.2%
2025-11-10 16:00 2025-11-06 Byng-Thorne Zillah Director BUY $18.11 29,008 $525,335 66,017 +78.4%
2025-11-07 01:16 2025-11-06 Kempa Mark Officer - EVP & CFO BUY $18.53 10,635 $197,051 369,352 +3.0%
2025-11-07 01:16 2025-11-06 Montague Jason Officer - Chief Luxury Officer BUY $18.81 13,400 $252,021 13,400 +100.0%
2025-11-07 01:15 2025-11-06 Sommer Harry Director, Officer - Pres. & CEO of NCLH BUY $18.52 25,000 $462,933 720,728 +3.6%
2024-11-09 00:16 2024-11-08 Ashby Faye L. Officer - SVP & Chief Accounting Officer SELL $27.30 38,344 $1,046,699 116,270 -24.8%
2024-11-09 00:15 2024-11-06 Kempa Mark Officer - EVP & CFO SELL $27.86 15,000 $417,918 253,386 -5.6%
2024-11-09 00:15 2024-11-06 DeMarco Andrea Officer - Pres. RSSC SELL $27.76 29,000 $805,057 97,304 -23.0%
2024-11-06 00:35 2024-11-04 Byng-Thorne Zillah Director BUY $24.85 7,930 $197,061 21,290 +59.4%
2024-11-06 00:30 2024-11-04 Farkas Daniel S Officer - EVP GC, CDO & Sec'y SELL $24.72 46,820 $1,157,479 212,957 -18.0%
2024-11-06 00:30 2024-11-04 Sommer Harry Officer - Pres. & CEO of NCLH SELL $24.67 100,000 $2,466,560 449,129 -18.2%
2024-08-29 23:16 2024-08-27 Farkas Daniel S Officer - EVP GC, CDO & Sec'y SELL $18.09 30,000 $542,760 259,777 -10.4%
2024-08-29 23:15 2024-08-27 Sommer Harry Officer - Pres. & CEO of NCLH SELL $18.09 25,000 $452,358 549,129 -4.4%
2024-06-06 23:15 2024-06-05 Ashby Faye L. Officer - SVP & Chief Accounting Officer SELL $18.42 19,582 $360,614 163,579 -10.7%
2024-06-03 23:15 2024-05-31 Byng-Thorne Zillah Director BUY $16.50 13,360 $220,440 13,360 +100.0%
2024-05-23 23:16 2024-05-22 Cil Jose E. Director BUY $16.38 20,000 $327,500 40,000 +100.0%
2024-03-11 23:30 2024-03-08 Kempa Mark Officer - EVP & CFO SELL $20.01 19,965 $399,532 268,386 -6.9%
2023-06-16 23:30 2023-06-15 Farkas Daniel S Officer - EVP Gen. Counsel & Asst. Sec'y SELL $19.46 38,000 $739,366 244,261 -13.5%
2023-06-15 23:31 2023-06-13 Ashby Faye L. Officer - SVP & Chief Accounting Officer SELL $19.45 15,811 $307,587 174,619 -8.3%
2023-06-13 23:30 2023-06-12 Del Rio Frank J Director, Officer - Pres. & CEO SELL $18.44 300,000 $5,532,600 926,505 -24.5%
2023-06-06 23:30 2023-06-02 Kempa Mark Officer - EVP & CFO SELL $16.04 4,700 $75,379 241,021 -1.9%
2022-11-17 01:31 2022-11-15 Del Rio Frank J Director, Officer - Pres. & CEO SELL $18.33 58,072 $1,064,640 0 -100.0%
2022-11-17 01:30 2022-11-15 Kempa Mark Officer - EVP & CFO SELL $18.54 25,000 $463,425 197,651 -11.2%
2022-11-15 01:31 2022-11-14 Farkas Daniel S Officer - EVP Gen. Counsel & Asst. Sec'y SELL $17.93 44,000 $788,700 231,160 -16.0%
2022-11-15 01:30 2022-11-10 Montague Jason Officer - Pres. & CEO of RSSC SELL $16.49 32,879 $542,306 226,002 -12.7%
2022-09-15 00:01 2022-09-12 Montague Jason Officer - Pres. & CEO of RSSC SELL $14.68 62,758 $921,287 258,881 -19.5%
2022-08-27 00:16 2022-08-24 Kempa Mark Officer - EVP & CFO SELL $13.50 55,000 $742,693 222,651 -19.8%
2022-08-20 00:16 2022-08-18 SHERMAN HOWARD J Officer - Pres. & CEO Oceania Cruises SELL $13.63 86,225 $1,175,273 140,609 -38.0%
2022-05-25 23:31 2022-05-23 Galbut Russell W Director BUY $15.13 100,000 $1,512,500 489,917 +25.6%
2021-09-11 00:02 2021-09-09 Binder Robert Officer - Vice Chair, Pres. & CEO OC SELL $25.12 33,863 $850,669 137,426 -19.8%
2021-06-15 23:36 2021-06-11 Binder Robert Officer - Vice Chair, Pres. & CEO OC SELL $32.14 36,616 $1,176,838 171,289 -17.6%
2020-12-18 00:31 2020-12-15 Binder Robert Officer - Vice Chair, Pres. & CEO OCI SELL $24.76 91,484 $2,265,510 228,831 -28.6%
2020-02-21 01:01 2020-02-18 Del Rio Frank J Director, Officer - Pres. & CEO SELL $51.80 4,000 $207,200 388,094 -1.0%
2020-01-18 01:00 2020-01-15 Del Rio Frank J Director, Officer - Pres. & CEO SELL $57.50 4,000 $230,000 392,094 -1.0%
2019-12-18 00:32 2019-12-16 Del Rio Frank J Director, Officer - Pres. & CEO SELL $55.67 4,000 $222,692 396,094 -1.0%
2019-12-14 01:19 2019-12-11 Ashby Faye L. Officer - SVP & Chief Accounting Officer SELL $55.57 1,786 $99,248 37,812 -4.5%
2019-11-20 01:01 2019-11-15 Del Rio Frank J Director, Officer - Pres. & CEO SELL $52.88 4,000 $211,520 400,094 -1.0%
2019-11-14 01:00 2019-11-11 Stuart Andrew Officer - Pres. & CEO of NCL OPT+S $51.88 245,364 $12,729,386 326,309 0.0%
2019-10-23 00:01 2019-10-18 Del Rio Frank J Director, Officer - Pres. & CEO SELL $50.23 2,456 $123,365 404,094 -0.6%
2019-10-18 00:29 2019-10-15 Del Rio Frank J Director, Officer - Pres. & CEO SELL $50.05 1,544 $77,277 406,550 -0.4%
2019-09-17 23:42 2019-09-16 Del Rio Frank J Director, Officer - Pres. & CEO SELL $53.62 4,000 $214,470 408,094 -1.0%
2019-08-17 00:00 2019-08-14 Stuart Andrew Officer - Pres. & CEO of NCL SELL $50.01 25,000 $1,250,373 344,173 -6.8%
2019-07-03 23:31 2019-07-02 Del Rio Frank J Director, Officer - Pres. & CEO SELL $53.23 22,743 $1,210,535 412,094 -5.2%
2019-06-19 00:01 2019-06-17 Del Rio Frank J Director, Officer - Pres. & CEO SELL $53.75 3,076 $165,348 449,594 -0.7%
2019-06-18 00:02 2019-06-14 Stuart Andrew Officer - Pres. & CEO of NCL OPT+S $54.00 22,051 $1,190,754 371,141 0.0%
2019-06-13 00:01 2019-06-10 Stuart Andrew Officer - Pres. & CEO of NCL OPT+S $54.04 20,000 $1,080,708 371,141 0.0%
2019-05-22 00:00 2019-05-17 Montague Jason Officer - Pres. & CEO of RSSC SELL $57.50 10,805 $621,288 92,993 -10.4%
SHOW ENTRIES

How to Interpret $NCLH Trades

Not every insider transaction in Norwegian Cruise Line Holdings Ltd. is a signal for immediate action. Professional investors look for "cluster buying"—when multiple executives simultaneously purchase $NCLH shares on the open market. It is crucial to distinguish between scheduled sales (under Rule 10b5-1) and voluntary increases in ownership, which demonstrate management’s true conviction that the stock is undervalued.

Data Source & Accuracy for NCLH

Insider activity data for Norwegian Cruise Line Holdings Ltd. is streamed in real-time directly from the SEC EDGAR system. We analyze raw Form 4 filings, filtering out technical adjustments and complex derivative transactions. This provides a transparent view of how ownership structure is evolving in $NCLH, allowing you to follow the capital of those with the most intimate knowledge of the company.

UNDERSTANDING THE DATA

FILING DATE: The date and time when the transaction was reported to the SEC. This is when the public first receives the information.

TRADE DATE: The actual day the insider executed the purchase or sale in the market.

INDUSTRY: The specific market sector the company operates in. Useful for identifying broader institutional capital flows across sectors.

OWNED AFTER: The total number of shares held by the insider following the transaction. This highlights the insider's remaining conviction in the company.

CHANGE %: The percentage increase or decrease of the insider's total position. Large percentage changes often carry more weight than the dollar amount alone.

TRADE TYPES DEFINITIONS

BUY: An open market purchase. Typically indicates an insider's belief that the stock is undervalued or poised for growth.

SELL: An open market sale. While often used for diversification or liquidity, large or unexpected sales can be a warning signal.

OPT+S (OPTION EXERCISE & SALE): This occurs when an insider exercises their stock options and sells them immediately. Often part of a structured compensation plan.