Via Transportation Inc. (NYSE:VIA – Get Free Report) CEO Daniel Ramot acquired 3,571 shares of the company’s stock in a transaction that occurred on Tuesday, June 16th. The shares were bought at an average price of $14.00 per share, for a total transaction of $49,994.00. Following the completion of the acquisition, the chief executive officer owned 2,420,957 shares of the company’s stock, valued at $33,893,398. This trade represents a 0.15% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Daniel Ramot also recently made the following trade(s):
- On Friday, June 12th, Daniel Ramot acquired 3,333 shares of Via Transportation stock. The shares were bought at an average price of $14.94 per share, for a total transaction of $49,795.02.
Via Transportation Stock Up 4.9%
Shares of NYSE:VIA opened at $14.88 on Thursday. The company’s fifty day simple moving average is $15.51 and its 200 day simple moving average is $20.32. Via Transportation Inc. has a 12 month low of $12.95 and a 12 month high of $56.31. The firm has a market cap of $1.21 billion and a price-to-earnings ratio of -16.00.
Key Via Transportation News
- Positive Sentiment: CEO Daniel Ramot made additional open-market purchases of Via stock, including 3,571 shares at $14.00 and 3,333 shares at $14.94. A director also bought 25,000 shares. These insider buys may signal confidence in Via’s long-term outlook and can help support the stock. Article Title
- Neutral Sentiment: Via announced a 55,000-square-foot lease at 2 Park Avenue, which is a business development but does not appear to be a major near-term stock catalyst. Article Title
- Negative Sentiment: Multiple law firms issued fresh updates on a class-action lawsuit tied to Via’s September 2025 IPO, reminding investors of an August 10 lead-plaintiff deadline. Repeated litigation headlines are likely weighing on sentiment by reinforcing concerns about alleged disclosure issues and potential liability. Article Title
Analyst Ratings Changes
A number of equities research analysts recently issued reports on the company. Weiss Ratings raised Via Transportation from a “sell (e+)” rating to a “sell (d)” rating in a research report on Wednesday, May 13th. Morgan Stanley reiterated an “overweight” rating and issued a $24.00 price target on shares of Via Transportation in a research note on Tuesday, May 12th. Wells Fargo & Company lowered their price target on shares of Via Transportation from $36.00 to $30.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 13th. The Goldman Sachs Group reiterated a “buy” rating and issued a $24.00 price target on shares of Via Transportation in a research note on Wednesday, May 13th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $55.00 price target on shares of Via Transportation in a research note on Monday, March 2nd. Twelve research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $37.10.
Get Our Latest Stock Report on VIA
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the stock. Bank of America Corp DE acquired a new position in shares of Via Transportation during the 3rd quarter worth approximately $29,000. Assetmark Inc. acquired a new position in shares of Via Transportation during the 3rd quarter worth approximately $36,000. Caitong International Asset Management Co. Ltd acquired a new position in shares of Via Transportation during the 4th quarter worth about $34,000. PNC Financial Services Group Inc. acquired a new position in shares of Via Transportation during the 3rd quarter worth about $60,000. Finally, Strs Ohio acquired a new position in shares of Via Transportation during the 4th quarter worth about $52,000. Institutional investors and hedge funds own 74.40% of the company’s stock.
Via Transportation Company Profile
Via transforms antiquated and siloed public transportation systems into smart, data-driven, and efficient digital networks. We are addressing a striking gap in the $545 billion global public transportation market. While billions of people across the globe rely on public transportation, this critical form of mobility has yet to meaningfully benefit from recent advances in technology. Buses still follow fixed routes and schedules planned years, if not decades ago, regardless of actual demand for their service.
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