Insider Selling: Carnival Co. & plc (NYSE:CUK) Director Sells 17,500 Shares of Stock

Carnival Co. & plc (NYSE:CUK) Director Sir Jonathon Band sold 17,500 shares of the business’s stock in a transaction on Tuesday, October 29th. The shares were sold at an average price of $21.72, for a total transaction of $380,100.00. Following the sale, the director now directly owns 65,789 shares in the company, valued at approximately $1,428,937.08. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Carnival Co. & Stock Performance

The stock has a market capitalization of $3.75 billion, a P/E ratio of 17.09 and a beta of 2.71. Carnival Co. & plc has a twelve month low of $10.54 and a twelve month high of $20.88. The company has a quick ratio of 0.26, a current ratio of 0.30 and a debt-to-equity ratio of 3.10. The company’s fifty day simple moving average is $17.01 and its two-hundred day simple moving average is $15.41.

Carnival Co. & (NYSE:CUK) last released its earnings results on Monday, September 30th. The company reported $1.27 earnings per share for the quarter. The company had revenue of $7.90 billion for the quarter. Carnival Co. & had a return on equity of 22.30% and a net margin of 6.39%.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. EntryPoint Capital LLC grew its holdings in shares of Carnival Co. & by 595.8% during the 1st quarter. EntryPoint Capital LLC now owns 2,011 shares of the company’s stock valued at $30,000 after acquiring an additional 1,722 shares in the last quarter. Blue Trust Inc. acquired a new stake in Carnival Co. & during the second quarter valued at $40,000. Point72 Asset Management L.P. purchased a new position in Carnival Co. & in the second quarter valued at about $48,000. BNP Paribas Financial Markets acquired a new position in Carnival Co. & in the 1st quarter worth about $76,000. Finally, Signaturefd LLC raised its stake in shares of Carnival Co. & by 56.7% during the 2nd quarter. Signaturefd LLC now owns 5,671 shares of the company’s stock worth $98,000 after purchasing an additional 2,053 shares in the last quarter. Institutional investors and hedge funds own 23.80% of the company’s stock.

About Carnival Co. &

Carnival Corporation & plc engages in the provision of leisure travel services in North America, Australia, Europe, Asia, and internationally. The company operates through four segments: NAA Cruise Operations, Europe Cruise Operations, Cruise Support, and Tour and Other. It operates port destinations, private islands, and a solar park, as well as owns and operates hotels, lodges, glass-domed railcars, and motor coaches.