KD Logo

Keeping an Eye on Royal Caribbean Group (RCL) After Insider Trading Activity

Royal Caribbean Group’s recently made public that its Chief Accounting Officer Pujol Henry L unloaded Company’s shares for reported $1.4 million on Apr 30 ’24. In the deal valued at $141.23 per share,9,944 shares were sold. As a result of this transaction, Pujol Henry L now holds 16,687 shares worth roughly $2.39 million.

Then, Liberty Jason T sold 50,000 shares, generating $6,981,335 in total proceeds. Upon selling the shares at $139.63, the President & CEO now owns 153,017 shares.

Before that, Bayley Michael W sold 11,753 shares. Royal Caribbean Group shares valued at $1,363,486 were divested by the Pres&CEO, Royal Caribbean Intl at a price of $116.01 per share. As a result of the transaction, Bayley Michael W now holds 166,537 shares, worth roughly $23.86 million.

Mizuho initiated its Royal Caribbean Group [RCL] rating to a Buy in a research note published on April 17, 2024; the price target was $164. A number of analysts have revised their coverage, including Goldman’s analysts, who began to cover the stock in mid March with a ‘”a Buy”‘ rating. HSBC Securities started covering the stock on October 23, 2023. It rated RCL as “a Buy”.

Price Performance Review of RCL

On Monday, Royal Caribbean Group [NYSE:RCL] saw its stock jump 3.65% to $143.25. Over the last five days, the stock has lost -0.08%. Royal Caribbean Group shares have risen nearly 10.63% since the year began. Nevertheless, the stocks have risen 99.29% over the past one year. While a 52-week high of $143.62 was reached on 04/29/24, a 52-week low of $70.58 was recorded on 02/20/24. SMA at 50 days reached $132.39, while 200 days put it at $112.76. A total of 2.58 million shares were traded, compared to the trading of 2.09 million shares in the previous session.

Levels Of Support And Resistance For RCL Stock

The 24-hour chart illustrates a support level at 140.67, which if violated will result in even more drops to 138.09. On the upside, there is a resistance level at 144.56. A further resistance level may holdings at 145.87. The Relative Strength Index (RSI) on the 14-day chart is 64.04, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.35, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 2.16%. Stochastics %K at 78.36% indicates the stock is a holding.

Most Popular

[the_ad id="945"]