Insider Selling: Royal Bank of Canada (TSE:RY) Insider Sells C$106,597.98 in Stock

Royal Bank of Canada (TSE:RY) (NYSE:RY) insider Jennifer Kristine Publicover sold 439 shares of the business’s stock in a transaction dated Wednesday, April 22nd. The stock was sold at an average price of C$242.82, for a total value of C$106,597.98. Following the completion of the sale, the insider directly owned 152 shares of the company’s stock, valued at C$36,908.64. This represents a 74.28% decrease in their position.

Royal Bank of Canada Price Performance

Shares of TSE:RY opened at C$239.83 on Monday. Royal Bank of Canada has a fifty-two week low of C$161.82 and a fifty-two week high of C$246.72. The business has a 50-day moving average of C$230.17 and a two-hundred day moving average of C$224.54. The stock has a market capitalization of C$333.49 billion, a P/E ratio of 16.47, a P/E/G ratio of 3.42 and a beta of 1.07.

Royal Bank of Canada (TSE:RY) (NYSE:RY) last announced its quarterly earnings results on Thursday, February 26th. The financial services provider reported C$4.08 earnings per share for the quarter. Royal Bank of Canada had a return on equity of 15.37% and a net margin of 20.88%.The company had revenue of C$17.96 billion during the quarter. As a group, research analysts expect that Royal Bank of Canada will post 12.3454675 EPS for the current fiscal year.

Royal Bank of Canada Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 22nd. Shareholders of record on Friday, May 22nd will be given a $1.64 dividend. The ex-dividend date of this dividend is Thursday, April 23rd. This represents a $6.56 dividend on an annualized basis and a dividend yield of 2.7%. Royal Bank of Canada’s payout ratio is currently 42.58%.

Royal Bank of Canada News Summary

Here are the key news stories impacting Royal Bank of Canada this week:

• Positive Sentiment: Recent fundamentals remain supportive: RBC reported strong Q4 results (C$4.08 EPS, C$17.96B revenue) and retains solid profitability metrics, which underpins longer‑term investor confidence. MarketBeat – Royal Bank of Canada profile
• Neutral Sentiment: Technicals/flow: the share price is near its 1‑year high and trading above both the 50‑ and 200‑day moving averages with volume above average — this can amplify moves but does not on its own change fundamentals. MarketBeat – Royal Bank of Canada profile
• Negative Sentiment: Director David Ian Mckay sold 23,089 shares at C$242.82 (~C$5.61M), reducing his holding by ~79.7% — a large director sale that may be viewed negatively by the market. Insider sale report
• Negative Sentiment: Insider Bruce Washington Ross sold 3,657 shares at C$242.82 (~C$888k), cutting his stake by ~93.96% — another sizable reduction. Insider sale report
• Negative Sentiment: Insiders Graeme Ashley Hepworth, Katherine Gibson and Jennifer Publicover also sold shares on April 22 (totaling ~1,463; 462; and 439 shares respectively), adding to the pattern of insider selling. Insider sale report

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on RY shares. Raymond James Financial boosted their price objective on Royal Bank of Canada from C$255.00 to C$260.00 and gave the stock a “buy” rating in a research report on Friday, February 27th. TD Securities cut their price objective on Royal Bank of Canada from C$260.00 to C$259.00 and set a “buy” rating for the company in a research report on Friday, February 27th. Desjardins boosted their price objective on Royal Bank of Canada from C$247.00 to C$250.00 and gave the stock a “buy” rating in a research report on Friday, February 27th. National Bank Financial boosted their price objective on Royal Bank of Canada from C$241.00 to C$247.00 and gave the stock an “outperform” rating in a research report on Friday, February 27th. Finally, Scotiabank boosted their price objective on Royal Bank of Canada from C$242.00 to C$247.00 and gave the stock an “outperform” rating in a research report on Friday, February 27th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Royal Bank of Canada currently has an average rating of “Moderate Buy” and an average target price of C$244.58.

About Royal Bank of Canada

Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 101,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 19 million clients in Canada, the U.S.