Insider Selling: Carnival plc (NYSE:CUK) CEO Sells 6,000 Shares of Stock

Carnival plc (NYSE:CUK) CEO Arnold W. Donald sold 6,000 shares of the company’s stock in a transaction dated Tuesday, December 19th. The shares were sold at an average price of $68.00, for a total transaction of $408,000.00. Following the completion of the sale, the chief executive officer now owns 115,572 shares in the company, valued at approximately $7,858,896. The sale was disclosed in a filing with the SEC, which is accessible through this link.

Arnold W. Donald also recently made the following trade(s):

  • On Tuesday, January 9th, Arnold W. Donald sold 3,000 shares of Carnival stock. The stock was sold at an average price of $68.00, for a total transaction of $204,000.00.
  • On Monday, October 16th, Arnold W. Donald sold 90,903 shares of Carnival stock. The stock was sold at an average price of $67.41, for a total transaction of $6,127,771.23.

Carnival plc (NYSE CUK) opened at $70.01 on Friday. Carnival plc has a 1 year low of $51.44 and a 1 year high of $70.56. The company has a quick ratio of 0.16, a current ratio of 0.21 and a debt-to-equity ratio of 0.32. The company has a market cap of $14,701.61, a PE ratio of 18.33 and a beta of 0.70.

The company also recently announced a quarterly dividend, which was paid on Friday, December 15th. Shareholders of record on Friday, November 24th were given a $0.45 dividend. This is a boost from Carnival’s previous quarterly dividend of $0.40. The ex-dividend date was Wednesday, November 22nd. This represents a $1.80 annualized dividend and a yield of 2.57%. Carnival’s dividend payout ratio is 50.14%.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Financial Counselors Inc. grew its position in Carnival by 2.2% in the 2nd quarter. Financial Counselors Inc. now owns 5,446 shares of the company’s stock worth $360,000 after purchasing an additional 117 shares during the last quarter. Citigroup Inc. boosted its holdings in shares of Carnival by 6.8% in the second quarter. Citigroup Inc. now owns 2,174 shares of the company’s stock valued at $144,000 after acquiring an additional 139 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of Carnival by 2.8% in the third quarter. Ameriprise Financial Inc. now owns 32,097 shares of the company’s stock valued at $2,069,000 after acquiring an additional 877 shares in the last quarter. Parallel Advisors LLC boosted its holdings in shares of Carnival by 22.2% in the second quarter. Parallel Advisors LLC now owns 5,194 shares of the company’s stock valued at $349,000 after acquiring an additional 942 shares in the last quarter. Finally, Advisor Group Inc. boosted its holdings in shares of Carnival by 152.3% in the second quarter. Advisor Group Inc. now owns 1,721 shares of the company’s stock valued at $114,000 after acquiring an additional 1,039 shares in the last quarter. Hedge funds and other institutional investors own 3.79% of the company’s stock.

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About Carnival

Carnival plc is a leisure travel company. The Company’s segments include North America, and Europe, Australia & Asia (EAA). Its North America segment includes Carnival Cruise Line, Princess Cruises (Princess), Holland America Line and Seabourn. Its EAA segment includes Costa Cruises (Costa), AIDA Cruises (AIDA), P&O Cruises (the United Kingdom), P&O Cruises (Australia) and Cunard.

Insider Buying and Selling by Quarter for Carnival (NYSE:CUK)

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