Richard Fain Adam Goldstein Royal Caribbean CruisesRoyal Caribbean President and Chief Operating Officer (COO) Adam Goldstein (photo, to the right) sold 120,000 shares of his company’s cruise stock on August 2 and 3, 2017.  The stock was sold at an average price of $118.21 for a total sale of $14,185,200.00, according to the SEC.  

This follows the sale of RCL

Barron’s reports that Royal Caribbean Cruises’ top executive recently bailed out on a large block of cruise line stock just before the cruise line’s shares touched a new 52-week intra-day high.

On December 13th Chairman and Chief Executive Officer Richard Fain sold 143,140 shares of RCL stock for $4,964,095, an average of $34.68 each. Barron’s says

Cruise fans, travel agents and cruise communities have been abuzz in anticipation of Royal Caribbean’s new cruise ship – the "Oasis of the Seas."   "Amazing! . . Wow! . . Look at that!" . . . have been the extent of the popular media’s insight into this new super mega ship.    

But a few journalists have questioned the environmental appropriateness of this monster of a cruise ship.