David Barry Acquires 755 Shares of Pursuit Attractions and Hospitality (NYSE:PRSU) Stock

Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU) CEO David Barry bought 755 shares of the stock in a transaction on Monday, November 17th. The stock was purchased at an average price of $33.39 per share, for a total transaction of $25,209.45. Following the completion of the purchase, the chief executive officer directly owned 110,430 shares in the company, valued at approximately $3,687,257.70. This represents a 0.69% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Pursuit Attractions and Hospitality Price Performance

Shares of NYSE PRSU traded up $0.29 during trading hours on Wednesday, reaching $33.51. 266,165 shares of the stock traded hands, compared to its average volume of 247,241. The company’s 50-day simple moving average is $35.64 and its two-hundred day simple moving average is $32.67. The company has a market capitalization of $947.76 million, a P/E ratio of 2.90, a price-to-earnings-growth ratio of 2.12 and a beta of 1.76. Pursuit Attractions and Hospitality, Inc. has a 52-week low of $26.66 and a 52-week high of $46.66. The company has a quick ratio of 0.89, a current ratio of 1.04 and a debt-to-equity ratio of 0.13.

Pursuit Attractions and Hospitality (NYSE:PRSU) last released its quarterly earnings data on Wednesday, November 5th. The company reported $2.65 earnings per share for the quarter, beating analysts’ consensus estimates of $2.56 by $0.09. The firm had revenue of $62.88 million during the quarter. Pursuit Attractions and Hospitality had a return on equity of 21.30% and a net margin of 51.67%. Equities research analysts forecast that Pursuit Attractions and Hospitality, Inc. will post 1.25 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in PRSU. Caitong International Asset Management Co. Ltd boosted its holdings in Pursuit Attractions and Hospitality by 803.5% in the third quarter. Caitong International Asset Management Co. Ltd now owns 777 shares of the company’s stock worth $28,000 after acquiring an additional 691 shares in the last quarter. Larson Financial Group LLC grew its position in Pursuit Attractions and Hospitality by 4,831.3% during the 3rd quarter. Larson Financial Group LLC now owns 789 shares of the company’s stock worth $29,000 after purchasing an additional 773 shares during the period. DekaBank Deutsche Girozentrale purchased a new position in shares of Pursuit Attractions and Hospitality during the 2nd quarter valued at about $32,000. State of Wyoming acquired a new stake in shares of Pursuit Attractions and Hospitality during the 2nd quarter worth approximately $38,000. Finally, Ameritas Investment Partners Inc. acquired a new stake in Pursuit Attractions and Hospitality during the second quarter valued at $58,000. 89.91% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on PRSU shares. Stifel Nicolaus increased their target price on Pursuit Attractions and Hospitality from $42.00 to $43.00 and gave the company a “buy” rating in a report on Monday, November 10th. Wall Street Zen raised Pursuit Attractions and Hospitality from a “sell” rating to a “hold” rating in a report on Saturday. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Pursuit Attractions and Hospitality in a report on Monday. Finally, Oppenheimer reiterated an “outperform” rating and issued a $48.00 target price on shares of Pursuit Attractions and Hospitality in a research report on Friday, November 7th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $33.67.

About Pursuit Attractions and Hospitality

Pursuit Attractions & Hospitality, Inc engages in the provision of hospitality and leisure activities, experiential marketing, and live events. It operates through the following segments: Pursuit, Spiro, and GES Exhibitions. The Pursuit segment provides travel experiences that include recreational attractions, unique hotels and lodges, food and beverage, retail, sightseeing, and ground transportation services.