John Fredriksen has bought shares in Norwegian Air Shuttle on seven trading days in a row, according to Finansavisen. The Norwegian shipping investor's repeated purchases were reported on Sunday, 18 October 2026.
E24 also covered the buying, describing Fredriksen as continuing to accumulate Norwegian stock. The reports do not specify how many shares he has acquired or the value of the purchases.
The buying comes as analyst coverage of the airline has shifted. Finansavisen reports that Pareto Securities lowered its price target on Norwegian to 16 from 18 while keeping a buy recommendation. In a separate note, ABG cut its target to 11 from 14 and maintained a hold rating, according to Finansavisen.
E24 published a piece asking what could send the Norwegian share sharply higher, framing the stock's outlook as a question of upcoming catalysts. The material reviewed does not identify those catalysts.
What to watch next: whether Fredriksen's purchases continue past the seventh session, and how the share reacts to the revised targets from Pareto and ABG.
