The SVP, GC & ChiefComplianceOff of Royal Caribbean (NYSE: RCL) is Selling Shares

By Carrie Williams

On November 3, the SVP, GC & ChiefComplianceOff of Royal Caribbean (NYSE: RCL), Bradley Stein, sold shares of RCL for $486K.

Following Bradley Stein’s last RCL Sell transaction on February 16, 2016, the stock climbed by 3.9%. In addition to Bradley Stein, 3 other RCL executives reported Sell trades in the last month.

Based on Royal Caribbean’s latest earnings report from September 30, the company posted quarterly revenue of $2.56B and quarterly net profit of $693.3M. In comparison, last year the company earned revenue of $2.52B and had a net profit of $228.8M. The company has a one year high of $103.40 and a one year low of $64.21. RCL’s market cap is $16.14B and the company has a P/E ratio of 13.27.

Based on 9 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $86.75, reflecting a -13.3% downside. Five different firms, including Barclays and Berenberg Bank, currently also have a Sell rating on the stock.

The insider sentiment on Royal Caribbean has been negative according to 57 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Royal Caribbean Cruises Ltd. is a global cruise vacation company. It operates five wholly-owned brands Royal Caribbean International, Celebrity Cruises, Pullmantur, Azamara Club Cruises, Pullmantur and CDF Croisières de France. The company have a half of the investment in a joint venture with TUI AG which operates the brand TUI Cruises. These brands offer an array of onboard activities, services and amenities, including simulated surfing, swimming pools, sun decks, beauty salons, exercise and spa facilities, ice skating rinks, in-line skating, basketball courts, rock climbing walls, miniature golf courses, gaming facilities, lounges, bars, Las Vegas-style entertainment, cinemas and Royal Promenades, which include interior shopping, dining and an entertainment boulevard. Royal Caribbean Cruises was founded in 1968 and is headquartered in Miami, FL.