Today, a Director at Royal Caribbean (RCL), Arne Alexander Wilhelmsen, sold shares of RCL for $554.7M.
Following Arne Alexander Wilhelmsen’s last RCL Sell transaction on December 16, 2016, the stock climbed by 38.0%. In addition to Arne Alexander Wilhelmsen, 3 other RCL executives reported Sell trades in the last month.
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Based on Royal Caribbean’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $2.33 billion and quarterly net profit of $316 million. In comparison, last year the company earned revenue of $2 billion and had a net profit of $288 million. RCL’s market cap is $24.7B and the company has a P/E ratio of 13.79. Currently, Royal Caribbean has an average volume of 274.1K.
Based on 6 analyst ratings, the analyst consensus is Strong Buy with an average price target of $149.20, reflecting a 27.1% upside.
In the last 30 days, insiders have sold $1.11B worth of RCL shares and purchased $124.6K worth of RCL shares. The insider sentiment on Royal Caribbean has been positive according to 55 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
Arne Alexander Wilhelmsen’s trades have generated a 6.9% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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Royal Caribbean Cruises Ltd. is a global cruise vacation company. It owns and operates global crusie brands, namely Royal Caribbean International, Celebrity Cruises, and Azamara Club Cruises. It also holds interest in TUI Cruises, Pullmantur, and SkySea Cruises brands. The company was founded in 1968 and is headquartered in Miami, FL.
