Significant Insider Sales Reported in Shares of Royal Caribbean Cruises (RCL) Extending the Trend of Last Quarter

Monday, January 29, 2018 10:15 PM ET

Significant Insider Sales Reported in Shares of Royal Caribbean Cruises (RCL) Extending the Trend of Last Quarter

Two insiders — Lisa Lutoff-Perlo, Officer, and Jason T Liberty, Officer — sold 13,296 shares of Royal Caribbean Cruises having a market value of approximately $1,769,150, today, as disclosed in form 4 documents filed with the SEC. There have been 2 insiders with buy/sell transactions in the past 90 days prior to these filings. All of these trades have been sales resulting in the sale of 54,808 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 68,104 shares and have averaged 17,026 shares per transaction over this time period.

The number of insider buy/sell trades at Royal Caribbean Cruises is below that of the 4 peer company average over the last 90-day period. The Cruise Lines peer group saw 36 buy/sell trades during this period for an average of 9.0 transactions per company. This trading also represents a lower number of shares per transaction. Within the peer group there were 0 shares purchased and 5,543,600 shares sold with company insiders having sold 153,989 shares on average over this time period.

The data obtained in creating and writing in this story eliminates all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers.

Today’s Insider Activity
* Lisa Lutoff-Perlo, Officer, sold 7,404 shares
* Jason T Liberty, Officer, sold 5,892 shares

Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

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