Carnival Corp’s filing revealed that its Director BAND SIR JONATHON unloaded Company’s shares for reported $0.38 million on Oct 29 ’24. In the deal valued at $21.72 per share,17,500 shares were sold. As a result of this transaction, BAND SIR JONATHON now holds 65,789 shares worth roughly $1.57 million.
Then, BAND SIR JONATHON bought 17,500 shares, generating $365,925 in total proceeds.
Before that, Bernstein David sold 153,995 shares. Carnival Corp shares valued at $2,367,088 were divested by the CFO & CAO at a price of $15.37 per share. As a result of the transaction, Bernstein David now holds 181,981 shares, worth roughly $4.34 million.
Stifel reiterated its Carnival Corp [CCL] rating to a Buy in a research note published on December 23, 2024; the price target was $34. A number of analysts have revised their coverage, including Citigroup’s analysts, who remained covering the stock and in late December has reiterated a ‘”a Buy”‘ rating for it. Barclays also remained covering CCL and reiterated its “an Overweight” recommendation on December 23, 2024. Bernstein started covering the stock on November 26, 2024. It rated CCL as “a Mkt perform”.
Price Performance Review of CCL
On Tuesday, Carnival Corp [NYSE:CCL] saw its stock fall -1.20% to $23.84. Over the last five days, the stock has lost -4.83%. Carnival Corp shares have fallen nearly -4.33% since the year began. Nevertheless, the stocks have risen 37.56% over the past one year. While a 52-week high of $27.17 was reached on 01/02/25, a 52-week low of $13.78 was recorded on 01/07/25. SMA at 50 days reached $24.71, while 200 days put it at $18.69.
Levels Of Support And Resistance For CCL Stock
The 24-hour chart illustrates a support level at 23.35, which if violated will result in even more drops to 22.86. On the upside, there is a resistance level at 24.25. A further resistance level may holdings at 24.66. The Relative Strength Index (RSI) on the 14-day chart is 38.63, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.03, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 85.27%. Stochastics %K at 11.66% indicates the stock is a buying.
How much short interest is there in Carnival Corp?
A steep rise in short interest was recorded in Carnival Corp stocks on 2024-11-29, growing by 4.01 million shares to a total of 66.94 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 62.93 million shares. There was a rise of 6.0%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on March 26, 2024 when Mizuho began covering the stock and recommended ‘”a Buy”‘ rating along with a $21 price target.
