NCLH Norwegian Cruise Line Holdings Ltd. Insider Trading

Director Pagliuca purchases 1,380,000 NCLH shares for $24,992,300.00 across 2 trades; holdings surge to 1,388,912 shares post-transaction.

Stephen G Pagliuca, a Director, executed 2 separate purchases on consecutive trading days totaling 1,380,000 shares for $24,992,300.00 at blended average price $18.11. His post-transaction holdings of 1,388,912 shares represent a net addition of 1,380,000 shares compared to his pre-transaction position of 8,912 shares. A cluster pattern is present: 2 other insiders also bought within the past 14 days. The current stock price of $18.15 is -33.2% from the 52-week high of $27.18, placing this transaction within a recent decline; the 30-day change shows +5.5%. Pagliuca's prior open-market buy history across all tickers shows 7 prior buys with an average 90-day return of -30.5% and a 90d win rate of 0.00%, providing relevant context for assessing the pattern of this substantial accumulation.

CEO John Chidsey buys 153,000 NCLH shares at $16.37; cluster pattern with 2 other insiders in past 14 days

John Chidsey, President and CEO of Norwegian Cruise Line Holdings Ltd., purchased 153,000 shares at $16.37 on 2026-05-22, increasing his holdings from 986,940 shares to 1,139,940 shares (+15.5%). The stock has declined -37.1% from its 52-week high of $27.18 and is down -28.2% over the past 90 days, though the company posted $2.3B in quarterly revenue with $104.7M net income and a reasonable P/E of 13.79. Notably, two other insiders also purchased shares within the same 14-day window, establishing a cluster buy pattern that warrants attention as a coordinated signal from multiple leadership positions. This concentration of insider purchases near depressed price levels—concurrent with positive fundamentals—represents meaningful insider accumulation and may warrant deeper examination into management's perspective on near-term value and operational trajectory.

Director Jonathan Z Cohen purchases 30,000 NCLH shares at $15.83; 4 other insiders bought within 14 days as stock trades -39.4% from 52-week high.

Jonathan Z Cohen, a director, purchased 30,000 shares at $15.83 on 2026-05-20, increasing his holdings by 336.6% from 8,912 to 38,912 shares and committing $474,900.00. The transaction occurs during significant stock weakness: the current price of $16.47 reflects a -39.4% decline from the 52-week high of $27.18 and a -32.2% 90-day decline. Most notably, this purchase is part of a cluster pattern, with 4 other insiders also buying within the past 14 days, suggesting coordinated or opportunistic acquisition during the stock's drawdown. Norwegian Cruise Line Holdings reports fundamentally sound metrics with $2.3B quarterly revenue, positive net income of $104.7M, and a P/E of 13.28, indicating the valuation may have become attractive relative to recent weakness rather than any operational deterioration.

Director Cil Jose E. purchases 15,000 shares at NCLH for $225,350.00 amid stock decline; 3 other insiders bought within 14 days.

Director Cil Jose E. executed 2 purchases totaling 15,000 shares for $225,350.00 at an average price of $15.02 per share on 2026-05-18 and 2026-05-19, increasing his holdings from 59,295 shares to 74,295 shares (+25.3%). The stock is currently trading at $14.79, down 45.6% from its 52-week high of $27.18 and down 29.5% over the past 30 days. The company reports revenue of $2,331,221,000.00 with net income of $104,666,000.00 and a P/E of 11.93. Notably, 3 other insiders also bought within the past 14 days, indicating a multi-insider purchase cluster during a period of significant price weakness.

Director Brian Macdonald buys 15,000 shares of NCLH on open market for first time, marking meaningful commitment to profitable cruise company.

Director Brian Macdonald made his first open-market purchase of NCLH shares, a significant departure from his prior activity, which consisted only of stock-based compensation transactions. The scale of this purchase—adding 168% to his existing holdings—indicates a material increase in personal exposure to the company. This timing coincides with a broader wave of insider buying: two other insiders purchased shares within the same two-week window, suggesting aligned interest in the company at current valuations. The company itself is profitable and growing revenue substantially, providing fundamental backdrop for the director's decision to deploy personal capital rather than simply accepting compensation grants. A director buying alongside multiple peers while the company demonstrates earnings strength represents a tangible signal of confidence from someone with operational knowledge of the business.

Director Kevin Lansberry makes first open-market purchase of 11,400 shares as NCLH trades well below 52-week high

Kevin Lansberry, a director at Norwegian Cruise Line Holdings, executed his first open-market share purchase, a notable shift from his prior activity which consisted solely of stock-based compensation events. He acquired a substantial block of shares while the stock is trading significantly below its 52-week high, where it also declined notably over both the most recent three-month and one-month periods. The company itself remains profitable with growing revenue, operating from a foundation of positive earnings, though the timing of this purchase—when the stock has experienced recent weakness—is noteworthy given the director's board-level visibility into company operations and prospects. This personal capital commitment distinguishes a willingness to accumulate ownership from the passive receipt of compensation shares, adding credibility to any positive view of the company's near-term direction.

Director Byng-Thorne Zillah purchases nearly 30,000 shares of NCLH at $17–18, her 4th and 5th open-market buys in 36 months, while stock trades well below 52-week highs.

Director Byng-Thorne Zillah is purchasing shares in Norwegian Cruise Line Holdings aggressively, acquiring nearly 30,000 shares across two transactions on the same day at prices around the 52-week low, adding to a demonstrated pattern of open-market buying over the past 18 months. Her prior two purchases at this company both resulted in the stock climbing meaningfully over the following quarter, suggesting she has a track record of buying at opportune moments. The company itself remains profitable with growing revenue, though the stock is trading significantly below its 52-week high after a recent pullback, creating the type of weakness-buying environment where her prior purchases have proven well-timed. This is not an isolated trade—it represents her fourth and fifth open-market purchases within the 36-month window, indicating a consistent conviction-building approach rather than a one-off transaction. For a director to continue accumulating shares at depressed valuations after demonstrating successful timing on previous purchases deserves closer attention, particularly as the company's fundamentals remain intact.

NCLH EVP Patrik Dahlgren bought 5,550 shares at $17.94; stock down 36.9% from 52-week high to $18.35

Dahlgren, EVP of Chief Vessel Operations & NO, purchased 5,550 shares for $99,578.10, increasing his holdings to 144,817 shares. The purchase occurred at $17.94, while the stock currently trades at $18.35, down 36.9% from its 52-week high of $29.07 and down 21.8% over the prior 30 days. Norwegian Cruise Line has posted solid fundamentals—$2.9B quarterly revenue with $419.3M net income and 10.9% annual revenue growth—maintaining a reasonable P/E of 12.57. A senior operational executive's discretionary purchase during a period of material stock depreciation, combined with the company's underlying financial stability, presents a factual data point for investor consideration regarding insider conviction and valuation perception at this price level.

Director Curtis Harry C bought 5,000 NCLH shares at $19.25; 5 other insiders also bought within 14 days amid -34.8% 52-week decline

Director Curtis Harry C purchased 5,000 shares at $19.25 on 2025-11-07, increasing his holdings to 50,325 shares. This transaction is significant not in isolation but as part of a broader cluster: 5 other insiders also bought within the past 14 days, indicating coordinated accumulation at depressed levels. The stock is trading at $18.94, down 34.8% from its 52-week high of $29.07 and off 17.8% over the past 30 days, suggesting this purchase occurred during a period of material weakness. Norwegian Cruise Line's fundamentals remain solid—$2.9B in quarterly revenue, $419.3M net income, and 10.9% annual revenue growth—supporting the valuation floor at current price levels. The multi-insider buying pattern warrants observation as a potential contrarian signal, though the timing and motivation for the cluster cannot be definitively inferred from transaction data alone.

Director David Stella bought 6,986 shares of NCLH at $18.59; stock now $19.04, down 34.5% YTD. 5 other insiders also bought in 14-day window.

David Stella, a Director, purchased 6,986 shares at $18.59, increasing his holdings from 96,488 to 103,474 shares. The stock is trading at $19.04, down 34.5% from its 52-week high of $29.07 and down 21.4% over the past 90 days. Beyond this single transaction, a cluster pattern emerges: 5 other insiders also bought within the past 14 days. Norwegian Cruise Line Holdings shows solid recent fundamentals with $2.9B in latest quarterly revenue, $419.3M in net income, and 10.9% annual revenue growth. The cluster buying activity across multiple insiders during a period of significant stock weakness, combined with the company's fundamentals remaining solid, warrants investor attention to whether this reflects insider conviction in recovery potential.