Selling Norwegian Cruise Line Holdings Shares at a Lower Price Than Current Market Value May Have Been a Costly Mistake for Insiders
Despite the fact that Norwegian Cruise Line Holdings Ltd.’s (NYSE:NCLH) value has dropped 16% in the last week insiders who sold US$7.6m worth of stock in the past 12 months have had less success. Insiders would probably have been better off holding on to their shares given that the average selling price of US$23.63 is still lower than the current share price.
While insider transactions are not the most important thing when it comes to long-term investing, we do think it is perfectly logical to keep tabs on what insiders are doing.
View our latest analysis for Norwegian Cruise Line Holdings
The Last 12 Months Of Insider Transactions At Norwegian Cruise Line Holdings
Over the last year, we can see that the biggest insider…