The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Carnival Corp shares valued at $2,070,400 were purchased by Bernstein David on Feb 18 ’25. At $25.88 per share, Bernstein David acquired 80,000 shares.
Also, BAND SIR JONATHON sold 17,500 shares, netting a total of over 380,100 in proceeds. Following the sale of shares at $21.72 each, the insider now holds 65,789 shares.
Before that, BAND SIR JONATHON had added 17,500 shares to its account. In a trade valued at $365,925, the Director bought Carnival Corp shares for $20.91 each.
As published in their initiating research note from Loop Capital on February 05, 2025, Carnival Corp [CCL] has been a Hold and the price target has been revised to $25. Analysts at Loop Capital started covering the stock with ‘”a Hold”‘ outlook in a report released in early February. As of December 23, 2024, Stifel has reiterated its “Buy” rating for CCL. Earlier on December 23, 2024, Citigroup resumed its rating. Their recommendation was “a Buy” for CCL stock.
Analyzing CCL Stock Performance
During the last five days, there has been a drop of approximately -8.39%. Over the course of the year, Carnival Corp shares have dropped approximately -23.27%. Shares of the company reached a 52-week high of $28.72 on 01/31/25 and a 52-week low of $18.16 on 03/11/25. A 50-day SMA is recorded $24.58, while a 200-day SMA reached $20.78.
Support And Resistance Levels for Carnival Corp (CCL)
According to the 24-hour chart, there is a support level at 18.67, which, if violated, would cause prices to drop to 18.22. In the upper region, resistance lies at 19.68. The next price resistance is at 20.24. RSI (Relative Strength Index) is 25.86 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.53, which suggests the price will decrease in the coming days. Percent R is at 85.03%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
