What Does Insider Trading Tell Us About Carnival Corporation (CCL)?


RCII price is down almost -19.33% from its 52-week high price of $13.89 a share but is up about 33.33% from its 52-week low price of $7.76 a share. Carnival Corporation has a 52-week low of $50.77 and a 52-week high of $69.89.

Carnival Corporation board have been methodical in utilizing its assets to generate earnings or it seems so. The stock holds an average trading capacity of 3.50M shares for the past three months. It has outperformed by 7.42% the S&P500. BlackRock Inc. now owns 28,469,248 shares of the company's stock worth $1,866,728,000 after buying an additional 550,116 shares during the period. ServiceNow, Inc. (NOW) has $20.34 billion valuation. The stock decreased 0.19% or $0.02 during the last trading session, reaching $10.62. Any way you dice it, a dip below $65.18 a share would be very bad news for CCL's technical picture in the near-term.

Among 23 analysts covering Borgwarner Inc. The stock has "Hold" rating by Numis Securities on Tuesday, December 8. Therefore 43% are positive. The stock was sold at an average price of $65.57, for a total transaction of $327,850.00. Gogo had 11 analyst reports since October 7, 2015 according to SRatingsIntel. The stock of BorgWarner Inc. The stock has "Buy" rating by Buckingham Research on Monday, October 19. As per Thursday, May 26, the company rating was maintained by Morgan Stanley. As per Tuesday, February 23, the company rating was maintained by Macquarie Research. Goldman Sachs initiated the shares of NOW in report on Friday, December 11 with "Neutral" rating. The stock of Carnival Corporation (NYSE:CCL) earned "Neutral" rating by Credit Suisse on Friday, September 15. In the past 3-month period alone, shares of CCL have appreciated -0.90 - or -1.34%. The institutional investor held 1,085 shares of the marine transportation company at the end of 2017Q2, valued at $71.00M, down from 1,221 at the end of the previous reported quarter. 51 funds opened positions while 141 raised stakes. Linden Advsrs Limited Partnership has invested 0.19% of its portfolio in Gogo Inc. Citigroup Inc. now owns 2,174 shares of the company's stock worth $144,000 after buying an additional 139 shares during the last quarter. Janney Montgomery Scott Ltd Liability Company holds 0.01% of its portfolio in ServiceNow, Inc. Morgan Stanley's target price per share would indicate a potential upside of 4.77%. Everence Capital, Indiana-based fund reported 8,393 shares. Avalon Glob Asset Ltd stated it has 5.22% in ServiceNow, Inc. (NYSE:C). Segment Wealth Management Ltd Co stated it has 4,324 shares or 0.08% of all its holdings. It also upped Penske Automotive (NYSE:PAG) stake by 15,090 shares and now owns 1.46M shares. With respect to block trades, money flow ended $-762.85mn with tick up at $1688.97mn and tick down at $2451.82mn led an up /down ratio of 0.69x. Comml Bank Of Mellon Corp holds 0% or 39,434 shares. Legal And General Group Public Ltd Com, United Kingdom-based fund reported 2.04M shares. 3,119 shares were sold by Musi Diane, worth $44,866. Kingdon Management Limited Liability Com has invested 0.36% in Mondelez International, Inc.

Donald sold 90,903 shares of Carnival stock.

Investors sentiment decreased to 1.12 in Q2 2017. Its up 0.09, from 0.9 in 2017Q1. Of those insider trades, 0 shares of Carnival Corporation were purchased and 100,903 shares were sold. 24 funds opened positions while 34 raised stakes. Finally, Janus Henderson Group PLC increased its stake in Carnival by 115.5% in the second quarter. 12,000 are held by New England Rech & Management. Moreover, Virtus Invest Advisers Inc has 0.37% invested in Carnival Corporation (NYSE:CCL) for 57,509 shares. Barrow Hanley Mewhinney And Strauss Lc holds 7.56M shares or 0.75% of its portfolio. Hsbc Pcl reported 314,587 shares or 0.04% of all its holdings. Clarivest Asset Management Ltd Limited Liability Company accumulated 0.03% or 19,314 shares. Wedge Capital L LP Nc reported 527,783 shares stake.

National Bank Of Montreal Can invested in 41,235 shares. Zacks downgraded Carnival Corporation (NYSE:CCL) on Monday, August 10 to "Buy" rating. Kornitzer Cap Inc Ks holds 0.03% or 29,450 shares in its portfolio. First Republic Mgmt Inc reported 0.02% in Carnival Corporation (NYSE:CCL). Susquehanna Intll Limited Liability Partnership has invested 0% in Carnival Corporation (NYSE:CCL). Lee Danner Bass Incorporated owns 108,370 shares.

However Carnival Corporation falls short of Services sector PE by -6.96 with sector PE at 24.95. Carnival Corporation (CCL) now trades with a market capitalization of $47.30 Billion.

Carnival plc operates as a leisure travel and cruise firm in North America, Europe, Australia, and Asia.

Price-earnings ratio, also known as P/E ratio, is a tool that is used by shareholders to help decide whether they should buy a stock. Of those analysts, 9 rate stock as a Strong Buy, 5 rate it as Hold, and just no analyst rates it as a Moderate Sell. Therefore 42% are positive. Carnival PLC had 63 analyst reports since August 5, 2015 according to SRatingsIntel. Commerzbank Aktiengesellschaft Fi reported 0.02% of its portfolio in Carnival Corporation (NYSE:CCL). The firm has "Equal-Weight" rating given on Thursday, March 31 by Barclays Capital. The company was upgraded on Wednesday, November 23 by Bernstein. Nomura reaffirmed a "buy" rating and set a $75.00 price target on shares of Carnival in a research note on Friday, September 29th. UBS reiterated a "buy" rating and issued a $76.00 price objective (up from $67.00) on shares of Carnival in a research report on Thursday, August 17th. The company was maintained on Thursday, June 22 by Stifel Nicolaus.