Royal Caribbean Group’s recent filing unveils that its Pres&CEO, Royal Caribbean Intl Bayley Michael W unloaded Company’s shares for reported $7.26 million on May 20 ’24. In the deal valued at $147.67 per share,49,155 shares were sold. As a result of this transaction, Bayley Michael W now holds 49,695 shares worth roughly $7.5 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Bayley Michael W sold 24,201 shares, generating $3,393,222 in total proceeds. Upon selling the shares at $140.21, the Pres&CEO, Royal Caribbean Intl now owns 98,850 shares.
Before that, Pujol Henry L sold 9,944 shares. Royal Caribbean Group shares valued at $1,404,391 were divested by the Chief Accounting Officer at a price of $141.23 per share. As a result of the transaction, Pujol Henry L now holds 16,687 shares, worth roughly $2.52 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 2.23% to $150.97. Over the last five days, the stock has gained 1.71%. Royal Caribbean Group shares have risen nearly 16.59% since the year began. Nevertheless, the stocks have risen 81.39% over the past one year. While a 52-week high of $150.90 was reached on 06/03/24, a 52-week low of $78.35 was recorded on 02/20/24. SMA at 50 days reached $139.17, while 200 days put it at $116.61. A total of 1.85 million shares were traded, compared to the trading of 3.42 million shares in the previous session.
Levels Of Support And Resistance For RCL Stock
The 24-hour chart illustrates a support level at 148.04, which if violated will result in even more drops to 145.11. On the upside, there is a resistance level at 152.53. A further resistance level may holdings at 154.09. The Relative Strength Index (RSI) on the 14-day chart is 65.47, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.21, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 1.59%. Stochastics %K at 80.58% indicates the stock is a selling.
