Insider Selling: Carnival (NYSE:CCL) Director Sells $313,965.72 in Stock

Carnival Corporation (NYSE:CCL) Director Sir Jonathon Band sold 11,988 shares of the company’s stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $26.19, for a total value of $313,965.72. Following the completion of the transaction, the director directly owned 52,601 shares in the company, valued at approximately $1,377,620.19. This trade represents a 18.56% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Sir Jonathon Band also recently made the following trade(s):

• On Tuesday, March 31st, Sir Jonathon Band sold 12 shares of Carnival stock. The stock was sold at an average price of $24.98, for a total value of $299.76.

Carnival Stock Up 0.0%

Shares of CCL opened at $25.65 on Friday. The firm has a market cap of $31.78 billion, a P/E ratio of 11.40, a price-to-earnings-growth ratio of 1.11 and a beta of 2.48. Carnival Corporation has a 12-month low of $15.07 and a 12-month high of $34.03. The company’s 50-day moving average price is $28.66 and its 200 day moving average price is $28.62. The company has a current ratio of 0.30, a quick ratio of 0.26 and a debt-to-equity ratio of 1.82.

Carnival (NYSE:CCL) last announced its earnings results on Friday, March 27th. The company reported $0.20 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.02. The company had revenue of $6.17 billion during the quarter, compared to analyst estimates of $6.13 billion. Carnival had a net margin of 11.48% and a return on equity of 26.92%. Carnival’s revenue was up 6.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.13 earnings per share. On average, sell-side analysts forecast that Carnival Corporation will post 1.77 earnings per share for the current year.

More Carnival News

Here are the key news stories impacting Carnival this week:

• Positive Sentiment: Carnival reported a Q1 beat (non‑GAAP EPS $0.20 vs. $0.18 consensus) with revenue up ~6% and reiterated strong booking momentum — fundamentals support upside if demand and yields hold. Q1 Deep Dive
• Positive Sentiment: Management’s PROPEL plan targets >50% EPS growth by 2029, signaling potential meaningful margin/earnings upside if pricing, ancillary spend and cost initiatives execute. PROPEL Analysis
• Neutral Sentiment: Consensus remains constructive but mixed: the stock carries many buy/overweight ratings and several price targets above current levels, yet analysts’ views and targets vary — creates both upside scenarios and execution risk. MarketBeat Consensus
• Negative Sentiment: Macro/energy is the main near‑term headwind — oil rebounded above $100/bbl amid Middle East tensions, reviving concerns about Carnival’s fuel exposure and limited hedging and pressuring margins and sentiment. 24/7 Wall St. Fuel Story
• Negative Sentiment: Market commentary highlights Carnival’s light fuel hedges — analysts note the stock reacts strongly to daily oil moves, making headlines about crude a key driver independent of demand strength. QuiverQuant Oil Analysis
• Negative Sentiment: Insider selling: director Sir Jonathon Band sold ~12,000 shares (~$314k), a disclosure that can amplify negative sentiment during sector weakness. InsiderTrades Sale
• Negative Sentiment: Competitive/profitability pressure: analysis comparing Royal Caribbean and Carnival highlights Royal Caribbean’s higher margins and premium positioning — a reminder Carnival’s valuation advantage may be offset by lower long‑term returns if yield/mix don’t improve. Fool: Royal Caribbean vs Carnival
• Negative Sentiment: Some analyst notes and target trims add pressure despite buys — mixed broker moves keep near‑term sentiment fragile even after the beat. Analyst Notes

Analyst Ratings Changes

A number of analysts have issued reports on the company. Truist Financial cut their target price on Carnival from $34.00 to $30.00 and set a “hold” rating on the stock in a research report on Tuesday, March 24th. Sanford C. Bernstein lowered their price target on Carnival from $33.00 to $28.70 and set a “market perform” rating for the company in a research report on Monday, March 30th. Bank of America lifted their price objective on Carnival from $40.00 to $45.00 and gave the company a “buy” rating in a research note on Monday, January 12th. William Blair reissued an “outperform” rating on shares of Carnival in a research note on Tuesday, March 3rd. Finally, Wells Fargo & Company lowered their target price on Carnival from $40.00 to $37.00 and set an “overweight” rating for the company in a report on Monday, March 30th. Twenty-one equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $34.17.

Hedge Funds Weigh In On Carnival

Several hedge funds and other institutional investors have recently added to or reduced their stakes in CCL. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Carnival by 5.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 112,167 shares of the company’s stock valued at $2,191,000 after acquiring an additional 5,435 shares in the last quarter. Great Lakes Advisors LLC acquired a new position in Carnival during the 1st quarter worth $228,000. Empowered Funds LLC grew its stake in Carnival by 61.6% during the 1st quarter. Empowered Funds LLC now owns 30,437 shares of the company’s stock worth $594,000 after purchasing an additional 11,601 shares in the last quarter. Woodline Partners LP increased its holdings in Carnival by 41.9% during the 1st quarter. Woodline Partners LP now owns 88,522 shares of the company’s stock worth $1,729,000 after purchasing an additional 26,141 shares during the period. Finally, Elevation Point Wealth Partners LLC purchased a new stake in Carnival during the 2nd quarter worth about $60,000. Hedge funds and other institutional investors own 67.19% of the company’s stock.

About Carnival

Carnival Corporation (NYSE: CCL) is a global cruise operator that provides leisure travel services through a portfolio of passenger cruise brands. The company’s core business is operating cruise ships that offer multi-night voyages and associated vacation services, including onboard accommodations, dining, entertainment, spa and wellness offerings, casinos, youth programs, and organized shore excursions. Carnival markets cruise vacations to a broad range of consumers, from value-focused travelers to premium and luxury segments, through differentiated brand positioning and onboard experiences.

Its operating structure comprises multiple well-known cruise brands that target distinct geographic and demographic markets.