Carnival CEO Gerald Raymond Cahill Unloads 30,000 Shares (CUK)
Carnival (NYSE:CUK) CEO Gerald Raymond Cahill sold 30,000 shares of the company’s stock in a transaction that occurred on Tuesday, January 14th. The stock was sold at an average price of $41.60, for a total transaction of $1,248,000.00. Following the transaction, the chief executive officer now directly owns 95,436 shares of the company’s stock, valued at approximately $3,970,138. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
CUK has been the subject of a number of recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of Carnival in a research note to investors on Tuesday. They now have a $44.34 price target on the stock. Seven analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $40.57.
Shares of Carnival (NYSE:CUK) traded down 0.14% during mid-day trading on Wednesday, hitting $42.52. The stock had a trading volume of 64,641 shares. Carnival has a 52 week low of $32.33 and a 52 week high of $42.74. The stock has a 50-day moving average of $38.44 and a 200-day moving average of $37.13. The company has a market cap of $32.996 billion and a price-to-earnings ratio of 30.63.
Carnival (NYSE:CUK) last issued its quarterly earnings data on Thursday, December 19th. The company reported $0.04 earnings per share (EPS) for the quarter. Analysts expect that Carnival will post $2.31 EPS for the current fiscal year.
Carnival plc is a cruise and vacation company. The Company has a portfolio of cruise brands and is a provider of cruises to all vacation destinations.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.