Oeyvind Lindeman Buys Shares of NVGS
NVGS's Chief Commercial Officer, Oeyvind Lindeman, purchased 46,308 shares on June 18.
Key Points
- Oeyvind Lindeman, NVGS's Chief Commercial Officer, bought 46,308 shares for $684,895.32 on June 18, 2026.
- Shares of NVGS traded near $21.90 on Tuesday, with a recent analyst target from Citigroup set at $27.00.
- Institutional investors like Acadian Asset Management and Encompass Capital increased their NVGS holdings recently.
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Oeyvind Lindeman, the Chief Commercial Officer of NVGS, made a significant purchase of the company's stock. On June 18, 2026, he bought 46,308 shares at an average price of $14.79 per share. This transaction was valued at approximately $684,895.32. The purchase was not part of a pre-planned trading program.
Other Institutional Activity in NVGS
Among institutional investors, Acadian Asset Management LLC boosted its holdings by 631,271 shares, bringing its total to 1,693,248 shares valued at about $32.7 million, reflecting a 59.4% increase. Encompass Capital Advisors LLC also increased its stake significantly, adding 398,615 shares for a total of 1,034,216 shares valued at approximately $20 million, a 62.7% increase. Meanwhile, BlackRock, Inc. trimmed its position by 134,108 shares, ending with 1,485,195 shares worth about $28.7 million, marking an 8.3% decrease. First Manhattan Co. LLC reduced its stake by 103,541 shares to 1,326,468 shares, valued at $25.6 million, a 7.2% decrease.
Navigator Holdings Ltd. Stock Down 0.7%
Shares of NVGS traded near $21.90 on Tuesday. The stock has been the subject of recent analyst ratings, with Citigroup maintaining a 'buy' rating and setting a price target of $27.00 on May 12, 2026. The stock's performance and analyst expectations suggest a positive outlook.
$NVGS stock price
Daily closing prices, year to date. Not investment advice.
Insider Buying and Selling at Navigator Holdings Ltd.
On June 18, 2026, Oeyvind Lindeman, NVGS's Chief Commercial Officer, was active in the market. He sold 31,562 shares at $22.54 each and bought 46,308 shares at $14.79 each. Earlier, on May 29, 2026, he sold 6,259 shares at $21.70. Michael Schroder, the Chief Operating Officer, sold 25,000 shares at $23.63 on May 20, 2026. None of these transactions were part of pre-planned trading programs.
Analysts Set New Price Targets
On May 12, 2026, Citigroup maintained its 'buy' rating on NVGS with a price target of $27.00. The consensus among analysts is a 'buy' recommendation, with a mean price target of approximately $22.00 based on several opinions.
Bottom Line
Oeyvind Lindeman's recent purchase of NVGS shares is a notable insider transaction that may reflect confidence in the company's future. Institutional investors have shown mixed activity, with some increasing and others decreasing their positions. Analyst ratings remain optimistic, with recent targets suggesting potential upside for the stock. As always, it's important to remember that insider transactions and institutional filings are backward-looking and may not represent current positions.
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