Lavaca Capital LLC Makes New Investment in Via Transportation Inc. $VIA

Lavaca Capital LLC bought a new position in Via Transportation Inc. (NYSE:VIA) in the 1st quarter, according to its most recent disclosure with the SEC. The firm bought 41,627 shares of the company’s stock, valued at approximately $624,000.

A number of other large investors have also recently modified their holdings of the stock. Wellington Management Group LLP purchased a new position in shares of Via Transportation during the third quarter valued at about $93,662,000. Capital Research Global Investors lifted its holdings in Via Transportation by 153.9% in the fourth quarter. Capital Research Global Investors now owns 2,140,200 shares of the company’s stock worth $62,087,000 after buying an additional 1,297,114 shares during the period. Vanguard Group Inc. purchased a new stake in Via Transportation in the third quarter worth about $39,965,000. Summit Partners Public Asset Management LLC bought a new stake in Via Transportation during the 4th quarter valued at approximately $14,233,000. Finally, Alliancebernstein L.P. purchased a new position in shares of Via Transportation during the 3rd quarter worth approximately $23,317,000. Institutional investors own 74.40% of the company’s stock.

Via Transportation News Summary

Here are the key news stories impacting Via Transportation this week:

• Negative Sentiment: Multiple law firms reiterated that a class action has been filed against Via Transportation and certain officers, alleging violations of federal securities laws related to IPO offering materials. Article Title
• Negative Sentiment: Several notices emphasized that investors who bought VIA shares in or around the IPO may have lost money and can seek lead-plaintiff status, reinforcing concerns about litigation exposure. Article Title
• Negative Sentiment: One filing framed the lawsuit as stemming from alleged “land and expand” growth claims that supposedly masked regulatory barriers, suggesting the stock’s prior weakness may be tied to operational and disclosure concerns. Article Title
• Neutral Sentiment: Additional firms including Robbins Geller, Rosen, Pomerantz, Portnoy, Gross, SueWallSt, and Faruqi & Faruqi issued deadline reminders and case updates, but these were largely procedural rather than new company-specific developments. Article Title

Via Transportation Stock Performance

Shares of VIA opened at $17.45 on Thursday. Via Transportation Inc. has a fifty-two week low of $12.95 and a fifty-two week high of $56.31. The firm’s 50-day simple moving average is $16.24 and its two-hundred day simple moving average is $17.86. The stock has a market cap of $1.42 billion and a PE ratio of -18.77.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. Raymond James Financial set a $19.00 target price on Via Transportation in a research report on Tuesday, May 12th. The Goldman Sachs Group restated a “buy” rating and set a $24.00 price target on shares of Via Transportation in a research report on Wednesday, May 13th. Morgan Stanley reaffirmed 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 decreased their price objective on Via Transportation from $36.00 to $30.00 and set an “overweight” rating for the company in a report on Wednesday, May 13th. Finally, Guggenheim reissued a “buy” rating and set a $50.00 price objective on shares of Via Transportation in a research report on Wednesday, June 17th. Twelve equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Via Transportation currently has an average rating of “Moderate Buy” and an average target price of $37.10.

Insider Buying and Selling

In related news, Director Nechemia Jacob Peres purchased 25,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 9th. The shares were bought at an average price of $14.70 per share, for a total transaction of $367,500.00. Following the purchase, the director directly owned 30,434 shares of the company’s stock, valued at approximately $447,379.80. This represents a 460.07% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Daniel Ramot acquired 3,571 shares of Via Transportation stock in a transaction that occurred on Tuesday, June 16th. The shares were bought at an average cost of $14.00 per share, with a total value of $49,994.00. Following the transaction, the chief executive officer owned 2,420,957 shares in the company, valued at $33,893,398. This represents a 0.15% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders bought 31,904 shares of company stock worth $467,289. Insiders own 39.28% 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.