Cruise stocks rallied following President Trump’s announcement on Truth Social that all reciprocal tariffs will be paused for 90 days. This comes after cruise stocks dropped considerably last week with some major brands falling as much as 13 to 16 percent (in one day) after Trump’s initial tariff announcement on over 90 countries on his
Following President Trump’s tariff announcement yesterday (April 3) and the market downturn, cruise stocks have dropped across the board. Cruise Industry News reports today that the major cruise line traded “considerably down at market close compared to other major companies and the S&P 500 index.”
“While the S&P 500 average ended the day at
A number of Carnival Corporation cruise executives sold over 125,000 shares of CCL stock last week, according to forms filed 
with the Securities and Exchange Commission (SEC).
According to SEC forms, CEO Donald (left) sold 62,639 Carnival shares on January 14th for $1,300,000, at an average per price of $21.12 per share. The forms
Royal Caribbean top executive Richard Fain reportedly sold 20,000 shares of Royal Caribbean (RCL) stock this week for a total amount of approximately $2,500,000.
In a transaction this past Monday, November 13th, he sold his shares at an an average price of $123.76, for a total value of $2,475,200.00. CEO Fain officer reportedly now owns 895,416 shares
Royal 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
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Three cruise CEO’s sold their Carnival (CCL) stock a week ago for a combined total of nearly $9,500,000, according to Market Digest.
On December 29,2016, Stein Kruse, the CEO of Holland America Group, Alan Buckelew, the Chief Operations Officer of Carnival Corporation, and David Bernstein, the Chief Financial Officer and Chief Accounting Officer of
Cruise Industry News reports that Carnival Corporation recently confirmed in a SEC filing that it had extended CEO Arnold Donald’s employment agreement for an additional year.
You can see the original terms of his three year employment plan filed with the SEC in 2013 here.
Mr. Donald collected $9,373,908 in 2015.
The SEC
The Securities and Exchange Exchange Commission reported this past week that the president & CEO of Norwegian Cruise Line Holdings Ltd ("NCLH"), Frank Del Rio, bought 83,498 shares of NCLH at an average price of $35.94 a share. (Photo below, right, during interview on CNBC).
The transaction took place on on August 31, 2016. The
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Yesterday, Royal Caribbean’s Chairman and CEO Richard Fain bought 29,190 shares of RCL stock, in a series of trades for an average of $68.5161 per share, worth nearly $2,000,000, according the to an article in Seatrade and SEC forms.
Today, with the RCL stock up over 6.50% from yesterday’s close, his $2,000,000 worth of shares
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Royal Caribbean Cruises President and Chief Operating Officer (COO) Adam Goldstein sold 90,000 shares of the cruise line’s stock today.
Mr. Goldstein sold the shares at $98.88 per share for a total value of $8,898,804.
Mr.Goldstein last sold RCL stock in July when he sold 4,184 shares at at $91.08 per share for a total
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Yesterday, Royal Caribbean chairman Richard Fain sold 151,032 shares of his cruise line’s stock for $13,650,151 at an average price of $90.40 a share. President and Chief Operating Officer Adam Goldstein sold 4,184 shares at at $91.08 per share for a total value of $381,094.19. Royal Caribbean’s General Counsel and Chief Compliance Officer Bradley Stein sold 2,402 shares
"Mad Money" host Jim Cramer is a fan of Carnival Corporation (CCL).
He used to associate the word "disaster" with Carnival Cruise Lines. Between the Costa Concordia sinking, engine room fires, the Triumph "poop cruise," passengers sick with norovirus, the Arab Spring – it "seemed the company was doomed," says CNBC.
But Carnival has enjoyed a
Carnival Corporation Chairman Micky Arison reportedly just sold 10,000,000 (million) shares of Carnival stock for approximately $433,700,000 (million).
The stock transaction was a "block sale" performed by a trust to benefit Arison. All of Arison’s shares reportedly are held either directly or indirectly in various trusts.
By June of last year, Arison had unloaded over $490,000,000
I’ve written many articles about the rich-get-richer schemes of cruise executives: paying the crew members a pittance, making the crew work for 10-to-12 hours a day 6-to-8 months without a single day off, firing hundreds of office employees when the stock drops, and so forth and so on.
Well you can add this article to
The Securities & Exchange Commission reports that Norwegian Cruise Line (NCL) Executive Vice President Andrew Stuart sold 67,701 shares of NCL stock in a transaction last week at an average price of $40.35, for a total value of $2,731,735.35.
You can read more information about the stock sale at Ticker Report.
Mr. Stuart reportedly
Reuters reports that Royal Caribbean’s CEO Richard Fain recently sold 94,850 shares at average price of $62.38 for a total value of $5,916,743.00; and exercised options for 51,143 shares at $7.27 per share for a total value of $3,190,300.00.
CEO Fain holds over a million shares of his cruise line’s stock. Reuters says he holds
Media reports say that Royal Caribbean Cruises Chief Operating Officer (COO) Adam Goldstein sold 42,152 shares of his cruise company’s stock yesterday.
The shares were sold at an average price of $61.68 for $2,599,935.36.
COO Goldstein still owns 370,724 shares of Royal Caribbean stock, valued at $22,866,256.
Royal Caribbean announced its earnings results on Thursday.
In the last week, Carnival’s Micky Arison sold over $78,000,000 of his cruise line’s stock.
On June 6th, Arison sold 961,717 shares of the cruise company’s stock at an average price of $40.24, for a total value of $38,699,492.08.
On June 10th, Arison sold 992,369 shares at an average price of $40.35, for a total value
