Insider Selling: Carnival plc (CUK) CEO Sells $408,000.00 in Stock

Carnival plc (NYSE:CUK) CEO Arnold W. Donald sold 6,000 shares of the stock in a transaction that occurred on 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 $7,858,896. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

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

  • 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.

Shares of Carnival plc (NYSE CUK) opened at $66.06 on Friday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.16 and a current ratio of 0.21. The company has a market cap of $13,849.37, a P/E ratio of 18.40 and a beta of 0.70. Carnival plc has a fifty-two week low of $50.86 and a fifty-two week high of $70.56.

The business also recently announced a quarterly dividend, which was paid on Friday, December 15th. Shareholders of record on Friday, November 24th were issued a dividend of $0.45 per share. This is an increase from Carnival’s previous quarterly dividend of $0.40. This represents a $1.80 annualized dividend and a yield of 2.72%. The ex-dividend date was Wednesday, November 22nd. Carnival’s dividend payout ratio (DPR) is 50.14%.

A number of hedge funds have recently made changes to their positions in the business. Financial Counselors Inc. raised its holdings in Carnival by 2.2% during the 2nd quarter. Financial Counselors Inc. now owns 5,446 shares of the company’s stock worth $360,000 after buying an additional 117 shares during the period. Citigroup Inc. raised its holdings in Carnival by 6.8% during the 2nd quarter. Citigroup Inc. now owns 2,174 shares of the company’s stock worth $144,000 after buying an additional 139 shares during the period. Ameriprise Financial Inc. raised its holdings in Carnival by 2.8% during the 3rd quarter. Ameriprise Financial Inc. now owns 32,097 shares of the company’s stock worth $2,069,000 after buying an additional 877 shares during the period. Parallel Advisors LLC raised its holdings in Carnival by 22.2% during the 2nd quarter. Parallel Advisors LLC now owns 5,194 shares of the company’s stock worth $349,000 after buying an additional 942 shares during the period. Finally, Advisor Group Inc. raised its holdings in Carnival by 152.3% during the 2nd quarter. Advisor Group Inc. now owns 1,721 shares of the company’s stock worth $114,000 after buying an additional 1,039 shares during the period. Hedge funds and other institutional investors own 3.78% 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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