NCLH Norwegian Cruise Line Holdings Ltd.

NEUTRAL Impact: 3/10 Insider Cluster (2 insiders)
Horizon weeks Filed May 21, 2026 Processed 22d 19h ago
Insider cluster: 2 insiders, $624K total
Latest settled — T+5d ⚠ clustered
NCLH ▲ +10.93% at T+5d
NEUTRAL call ✓ call won +10.93% · α vs SPY +9.27% · entry $16.29 → $18.07
Next anchor: T+20d in 9d
Currently $19.43 · +19.28% from $16.29 entry
Entry anchored
May 21, 2026
via day open
T+1d
+4.91%
call +4.91% · α +4.33%
$17.09
settled 22d ago
T+5d
+10.93%
call +10.93% · α +9.27%
$18.07
settled 15d ago
T+20d
call — · α —
in 9d
T+60d
call — · α —
in 2mo

Price Chart

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Executive Summary

Two NCLH directors made open-market purchases totaling ~$700K over three days, a tiny 0.0095% of the $7.4B market cap. While insider buying is directionally positive, the immaterial dollar amount relative to company size does not constitute a meaningful signal.

Key Financial Metrics

Direction
buying
Total Value
$700.3K
Insiders
2

Actionable Insight

The insider buying is too small to be a standalone catalyst. Monitor for larger C-suite or director purchases that would indicate stronger conviction, and watch upcoming earnings or guidance changes for fundamental developments.

Key Facts

  • Director Jonathan Z. Cohen purchased 30,000 shares at $15.83 ($474,900) on May 20.
  • Director Jose E. Cil purchased 10,000 shares at $14.91 ($149,100) on May 19 and 5,000 shares at $15.25 ($76,250) on May 18.
  • Total purchases of $700,250 represent ~0.0095% of NCLH's $7.4B market cap.

Financial Impact

Purchases total $700,250, immaterial relative to market cap.

Risk Factors

  • Overinterpreting small insider purchases as bullish signal.
  • NCLH stock has underperformed historically; past insider clusters have not preceded positive moves.

Market Snapshot

Exchange
NYSE
Sector
Water Transportation
Analyst Consensus
58% bullish (31 analysts)

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-NCLH-1779394556356
10 reports for NCLH
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for NCLH — sortable, filterable
Type Now
Jun 8, 2026
5d ago
Press Release
NEUTRAL ★ 2/10
$19.04 awaiting T+5awaiting T+5$19.43 (+2.08%)
May 26, 2026
17d ago
Insider Cluster
NEUTRAL ★ 2/10
$18.16 $18.14▼ −0.10%▼ −0.57%$19.43 (+7.01%)
May 21, 2026
22d ago
Insider Cluster
NEUTRAL ★ 3/10
$16.29 $18.07▲ +10.93%▲ +9.27%$19.43 (+19.28%)
May 19, 2026
24d ago
Insider Cluster
BULLISH ★ 5/10
$16.03 $18.26▲ +13.91%▲ +12.11%$19.43 (+21.22%)
May 7, 2026
5w ago
Insider Cluster
NEUTRAL ★ 2/10
$17.23 $16.06▼ −6.78%▼ −8.28%$19.43 (+12.78%)
May 4, 2026
5w ago
8-K
BEARISH ★ 8/10
$17.19 $16.57▲ +3.61%▲ +6.54%$19.43 (−13.04%)
May 4, 2026
5w ago
Press Release
MIXED ★ 6/10
$17.19 $16.57▼ −3.61%▼ −6.54%$19.43 (+13.04%)
Apr 23, 2026
7w ago
Press Release
NEUTRAL ★ 3/10
$18.42 $17.77▼ −3.52%▼ −5.00%$19.43 (+5.49%)
Mar 27, 2026
11w ago
Press Release
NEUTRAL ★ 4/10
$18.50 $19.37▲ +4.71%▲ +0.85%$19.43 (+5.04%)
Mar 2, 2026
14w ago
Press Release
MIXED ★ 6/10
$22.16 $20.72▼ −6.50%▼ −5.29%$19.43 (−12.31%)
Showing 10 of 10

US Market Status

Market Closed — Opens Mon (45h 26m)

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