Insider at Royal Caribbean Cruises (RCL) Makes Significant Sale of Stock

Friday, February 23, 2018 10:15 PM ET

Insider at Royal Caribbean Cruises (RCL) Makes Significant Sale of Stock

An insider — Jason T Liberty, Officer — disposed of 10,844 shares of Royal Caribbean Cruises having a market value of approximately $1,431,842 today, as revealed in a form 4 document filed with the SEC. There have been 5 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the disposition of 87,085 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 97,929 shares and have averaged 16,322 shares per transaction over this time period.

The number of insider buy/sell trades at Royal Caribbean Cruises is less than the 4 peer company average over the last 90-day period. The Cruise Lines peer group saw 39 buy/sell trades during this period for an average of 9.8 transactions per company. However, the number of shares per buy/sell trade for Royal Caribbean Cruises is higher. Within the peer group there were 0 shares purchased and 566,877 shares sold with company insiders disposing of 14,535 shares on average.

For the purpose of evaluating significant insider buying and selling all trades reported to the SEC that involve awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers have been eliminated in data obtained to compose and write this story.

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.

For more information, contact UpTick at Copyright 2018 UpTick Data Technologies. All rights reserved.

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