Carnival Corp.’s filing revealed that its CFO & CAO Bernstein David unloaded Company’s shares for reported $2.37 million on Feb 15 ’24. In the deal valued at $15.37 per share,153,995 shares were sold. As a result of this transaction, Bernstein David now holds 181,981 shares worth roughly $3.43 million.
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Then, Bernstein David sold 34,020 shares, generating $579,891 in total proceeds. Upon selling the shares at $17.05, the CFO & CAO now owns 335,976 shares.
Before that, WEISENBURGER RANDALL J bought 100,000 shares. Carnival Corp. shares valued at $1,150,000 were divested by the Director at a price of $11.50 per share. As a result of the transaction, WEISENBURGER RANDALL J now holds 378,368 shares, worth roughly $7.14 million.
Mizuho initiated its Carnival Corp. [CCL] rating to a Buy in a research note published on March 26, 2024; the price target was $21. 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. Wells Fargo also remained covering CCL and has increased its forecast on January 05, 2024 with a “an Overweight” recommendation from previously “an Equal weight” rating.
Price Performance Review of CCL
On Tuesday, Carnival Corp. [NYSE:CCL] saw its stock jump 4.78% to $18.87. Over the last five days, the stock has gained 4.72%. Carnival Corp. shares have risen nearly 1.78% since the year began. Nevertheless, the stocks have risen 42.31% over the past one year. While a 52-week high of $19.74 was reached on 07/23/24, a 52-week low of $10.84 was recorded on 08/05/24. SMA at 50 days reached $16.65, while 200 days put it at $16.35.
Levels Of Support And Resistance For CCL Stock
The 24-hour chart illustrates a support level at 18.30, which if violated will result in even more drops to 17.72. On the upside, there is a resistance level at 19.22. A further resistance level may holdings at 19.56. The Relative Strength Index (RSI) on the 14-day chart is 62.27, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.07, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 11.08%. Stochastics %K at 60.20% indicates the stock is a holding.
How much short interest is there in Carnival Corp.?
A steep rise in short interest was recorded in Carnival Corp. stocks on 2024-09-13, growing by 0.83 million shares to a total of 84.7 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-15 was 83.87 million shares. There was a rise of 0.98%, which implies that there is a positive sentiment for the stock.
