Insider Selling: Carnival plc (CUK) CFO Sells 4,340 Shares of Stock
Carnival plc (NYSE:CUK) CFO David Bernstein sold 4,340 shares of the business’s stock in a transaction on Friday, January 12th. The stock was sold at an average price of $69.11, for a total value of $299,937.40. Following the completion of the sale, the chief financial officer now directly owns 26,103 shares in the company, valued at $1,803,978.33. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
David Bernstein also recently made the following trade(s):
- On Thursday, January 4th, David Bernstein sold 11,000 shares of Carnival stock. The stock was sold at an average price of $66.50, for a total value of $731,500.00.
- On Thursday, December 27th, David Bernstein sold 25,526 shares of Carnival stock. The stock was sold at an average price of $66.59, for a total value of $1,699,776.34.
- On Thursday, December 28th, David Bernstein sold 51,454 shares of Carnival stock. The stock was sold at an average price of $66.76, for a total value of $3,435,069.04.
Carnival plc (CUK) traded down $1.08 during mid-day trading on Tuesday, hitting $68.93. The stock had a trading volume of 335,750 shares, compared to its average volume of 330,600. Carnival plc has a 52-week low of $51.44 and a 52-week 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 stock has a market capitalization of $14,701.61, a PE ratio of 19.20 and a beta of 0.70.
Hedge funds have recently bought and sold shares of the company. Advisor Group Inc. raised its stake in shares of Carnival by 152.3% in the second quarter. Advisor Group Inc. now owns 1,721 shares of the company’s stock worth $114,000 after purchasing an additional 1,039 shares during the last quarter. Citigroup Inc. raised its stake in shares of Carnival by 6.8% in the second quarter. Citigroup Inc. now owns 2,174 shares of the company’s stock worth $144,000 after purchasing an additional 139 shares during the last quarter. Tower Research Capital LLC TRC raised its stake in shares of Carnival by 291.8% in the second quarter. Tower Research Capital LLC TRC now owns 2,672 shares of the company’s stock worth $177,000 after purchasing an additional 1,990 shares during the last quarter. Nine Chapters Capital Management LLC purchased a new position in shares of Carnival in the third quarter worth $206,000. Finally, Fiera Capital Corp purchased a new position in shares of Carnival in the second quarter worth $220,000. Hedge funds and other institutional investors own 3.80% of the company’s stock.
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Carnival Company Profile
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.
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