Royal Caribbean Group (RCL) Insider Sell: Harri Kulovaara Sells 3,256 Shares

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Nov 22, 2024
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On November 20, 2024, Harri Kulovaara, Executive Vice President, Maritime at Royal Caribbean Group, sold 3,256 shares of the company. Following this transaction, the insider now owns 22,348 shares of Royal Caribbean Group (RCL, Financial). The details of this transaction can be found in the SEC Filing. Royal Caribbean Group (RCL) is a global cruise vacation company that operates a fleet of ships under various brand names, including Royal Caribbean International, Celebrity Cruises, and Silversea Cruises. The company offers a wide range of itineraries that call on numerous destinations worldwide. 1859779162483617792.png Over the past year, Harri Kulovaara has sold a total of 47,348 shares and has not purchased any shares. The insider transaction history for Royal Caribbean Group indicates that there have been 19 insider sells and 1 insider buy over the same period. 1859779236949291008.png As of the date of the recent transaction, shares of Royal Caribbean Group were trading at $234.62, giving the stock a market cap of $63.877 billion. The company's price-earnings ratio stands at 24.42, which is higher than the industry median of 19.075 and also higher than the company's historical median price-earnings ratio. The GF Value for Royal Caribbean Group is estimated at $158.77, resulting in a price-to-GF-Value ratio of 1.48. This suggests that the stock is significantly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated using historical multiples, a GuruFocus adjustment factor, and future business performance estimates from Morningstar analysts.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

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