Monday, February 12, 2018 10:15 PM ET
Insider at Royal Caribbean Cruises (RCL) Makes Significant Sale of Stock
There was a notable sale of shares of Royal Caribbean Cruises by an insider today, as indicated in a form 4 document filed with the SEC. One insider — Bradley H Stein, Officer — sold 9,438 shares in the company having a market value of approximately $1,175,600. There have been 4 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the sale of 68,104 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 77,542 shares and have averaged 15,508 shares per transaction over this time period.
The number of insider buy/sell trades at Royal Caribbean Cruises is lower than that of the 4 peer company average over the last 90-day period. The Cruise Lines peer group saw 38 buy/sell trades during this period for an average of 9.5 transactions per company. This trading also represents a lower number of shares per transaction. Within the peer group there were 0 shares purchased and 5,562,896 shares sold with company insiders selling 146,392 shares on average over this time period.
The data obtained in evaluating 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.
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