KD Logo

A company insider recently sold 17,500 shares of Carnival plc ADR [CUK]. Should You Sale?

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Carnival plc ADR shares valued at $380,100 were sold by BAND SIR JONATHON on Oct 29 ’24. At $21.72 per share, BAND SIR JONATHON sold 17,500 shares. The insider’s holdings dropped to 65,789 shares worth approximately $1.53 million following the completion of this transaction.

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

Also, BAND SIR JONATHON purchased 17,500 shares, netting a total of over 365,925 in proceeds.

Before that, Bernstein David had sold 153,995 shares from its account. In a trade valued at $2,367,088, the CFO & CAO traded Carnival plc ADR shares for $15.37 each. Upon closing the transaction, the insider’s holdings decreased to 153,995 shares, worth approximately $4.23 million.

As published in a research note from Berenberg on July 14, 2021, Carnival plc ADR [CUK] has been rated up from a Sell to a Hold. Analysts at Macquarie upgraded the stock from ‘”a Neutral”‘ to ‘”an Outperform”‘ outlook in a report released in early March. As of July 29, 2020, Berenberg has increased its “Sell” rating to a “Hold” for CUK. Earlier on June 03, 2020, Morgan Stanley initiated its rating. Their recommendation was “an Underweight” for CUK stock.

Analyzing CUK Stock Performance

During the last five days, there has been a drop of approximately -0.60%. Over the course of the year, Carnival plc ADR shares have jumped approximately 37.90%. Shares of the company reached a 52-week high of $24.66 on 12/05/24 and a 52-week low of $12.50 on 04/16/24. A 50-day SMA is recorded $21.92, while a 200-day SMA reached $16.68.

Support And Resistance Levels for Carnival plc ADR (CUK)

According to the 24-hour chart, there is a support level at 22.99, which, if violated, would cause prices to drop to 22.72. In the upper region, resistance lies at 23.55. The next price resistance is at 23.84. RSI (Relative Strength Index) is 52.73 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.10, which suggests the price will decrease in the coming days. Percent R is at 61.04%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.

Most Popular