Penn Capital Management Company LLC acquired a new stake in Via Transportation Inc. (NYSE:VIA – Free Report) during the third quarter, Holdings Channel.com reports. The firm acquired 206,275 shares of the company’s stock, valued at approximately $6,246,000.
A number of other hedge funds and other institutional investors have also modified their holdings of the company. Weiss Asset Management LP purchased a new stake in shares of Via Transportation during the 1st quarter worth $2,433,000. Bank of New York Mellon Corp acquired a new position in shares of Via Transportation during the second quarter worth $2,437,000. Vontobel Holding Ltd. purchased a new position in Via Transportation in the third quarter valued at $1,101,000. Compound Planning Inc. purchased a new position in Via Transportation in the first quarter valued at $1,312,000. Finally, Principal Financial Group Inc. increased its holdings in Via Transportation by 39.6% in the first quarter. Principal Financial Group Inc. now owns 1,086,438 shares of the company’s stock valued at $16,297,000 after buying an additional 308,283 shares during the last quarter. 74.40% of the stock is currently owned by institutional investors and hedge funds.
Via Transportation Stock Up 14.0%
NYSE VIA opened at $42.99 on Tuesday. The firm has a market cap of $3.50 billion, a P/E ratio of -37.71 and a beta of 0.90. Via Transportation Inc. has a 52-week low of $12.95 and a 52-week high of $52.51. The business’s 50-day moving average price is $31.45 and its 200 day moving average price is $21.54.
Via Transportation (NYSE:VIA – Get Free Report) last posted its quarterly earnings data on Monday, November 9th. The company reported ($0.19) EPS for the quarter, beating the consensus estimate of ($0.23) by $0.04. Via Transportation had a negative return on equity of 12.33% and a negative net margin of 20.04%. The firm had revenue of $143.53 million during the quarter. As a group, analysts anticipate that Via Transportation Inc. will post -0.81 earnings per share for the current year.
Via Transportation News Summary
Here are the key news stories impacting Via Transportation this week:
- Positive Sentiment: Q3 revenue increased 31% year over year to $143.53 million. The company’s loss per share of $0.19 was also narrower than the $0.23 loss analysts expected, while its adjusted net loss narrowed significantly. Why Via Transportation Stock Rocked the Market Today
- Positive Sentiment: Via guided to 2026 revenue of $556.7 million to $558.4 million, above the $551.7 million consensus, supporting expectations for continued growth. Its fourth-quarter revenue outlook of $150.0 million to $151.7 million was broadly in line with estimates. Via Transportation Reports Q3 2026 Earnings
- Negative Sentiment: Despite the improvement, Via remains loss-making, so investors will look for evidence that revenue growth and cost control can translate into sustained profitability.
Wall Street Analysts Forecast Growth
A number of analysts have weighed in on the company. Citigroup restated a “market outperform” rating on shares of Via Transportation in a research note on Monday, September 14th. Morgan Stanley upped their price objective on Via Transportation from $24.00 to $33.00 and gave the stock an “overweight” rating in a research report on Monday, September 21st. Oppenheimer increased their price objective on Via Transportation from $25.00 to $30.00 and gave the company an “outperform” rating in a report on Friday, August 7th. Wells Fargo & Company raised their target price on Via Transportation from $30.00 to $32.00 and gave the stock an “overweight” rating in a research report on Friday, August 7th. Finally, Weiss Ratings lowered Via Transportation from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Tuesday, October 13th. Nine investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $34.75.
Check Out Our Latest Research Report on VIA
Via Transportation Company Profile
Via Transportation provides technology that helps public agencies, schools and other organizations plan and operate transportation services. Its platform supports tasks such as trip booking, route planning, vehicle dispatch, rider communications and service analysis.
The company’s software is used for a range of services, including on-demand public transit, paratransit, school transportation and employee shuttles. Via also works with transportation providers to coordinate vehicles and connect riders with available services.
Founded in 2012 by Daniel Ramot and Oren Shoval, Via is headquartered in New York City.
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