Oeyvind Lindeman Sells Shares of NVGS

Oeyvind Lindeman, the Chief Commercial Officer at NVGS, recently sold 31,562 shares of the company. The transaction took place on June 18, 2026, with the shares sold at an average price of $22.54 each, amounting to a total value of $711,407.48. This sale was not part of a pre-arranged trading plan.

Other Institutional Activity in NVGS

Several institutional investors have also adjusted their positions in NVGS. Acadian Asset Management LLC increased its holdings by 631,271 shares, bringing its total to 1,693,248 shares worth approximately $32.7 million, marking a 59.4% increase. BlackRock, Inc. reduced its position by 134,108 shares, ending with 1,485,195 shares valued at $28.7 million, an 8.3% decrease. First Manhattan Co. LLC decreased its stake by 103,541 shares, holding 1,326,468 shares worth about $25.6 million, reflecting a 7.2% decrease. Encompass Capital Advisors LLC added 398,615 shares, increasing its holdings by 62.7% to 1,034,216 shares valued at $19.9 million. Gagnon Securities LLC made a smaller addition of 24,777 shares, ending with 886,631 shares valued at $17.1 million, a 2.9% increase.

Navigator Holdings Ltd. Stock Down 0.7%

Shares of NVGS traded near $21.90 on Tuesday. The stock has experienced varied institutional activity, with some funds increasing their stakes while others have reduced theirs. The stock's recent price movements and trading volume reflect this mixed sentiment among investors.

Insider Buying and Selling at Navigator Holdings Ltd.

In addition to Oeyvind Lindeman's recent sale, he also bought 46,308 shares on June 18, 2026, at a price of $14.79 per share. Earlier, on May 29, 2026, Lindeman sold 6,259 shares at $21.70 each. Furthermore, Michael Schroder, the Chief Operating Officer, sold 25,000 shares at $23.63 per share on May 20, 2026.

Analysts Set New Price Targets

On May 12, 2026, Citigroup maintained its 'buy' rating for NVGS with a price target of $27. This reflects continued optimism about the company's prospects, despite the insider sales. The consensus rating remains positive, with a strong buy recommendation from analysts.

Bottom Line

Oeyvind Lindeman's recent sale of NVGS shares adds to the ongoing insider activity at the company. Investors often keep an eye on such transactions as they can provide insight into the company's future prospects. It's important to remember that 13F filings and insider transactions are backward-looking and may not represent the current position of investors or insiders. As always, it's crucial for investors to conduct their own research and consider multiple factors before making investment decisions.