Insider Trading Alert - CCL, GPOR And ARCC Traded By Insiders

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Yesterday, March 24, 2014, 82 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $820.00 to $144,690,560.42.

Highlighted Stocks Traded by Insiders:

Carnival Corporation (CCL) - FREE Research Report

Arison Micky Meir who is Chairman of the Board at Carnival Corporation sold 677,077 shares at $40.18 on March 24, 2014. Following this transaction, the Chairman of the Board owned 4.4 million shares meaning that the stake was reduced by 13.38% with the 677,077-share transaction.

Ma 1994 B Shares Lp who is See remarks at Carnival Corporation sold 393,029 shares at $40.18 on March 24, 2014. Following this transaction, the See remarks owned 98.2 million shares meaning that the stake was reduced by 0.4% with the 393,029-share transaction.

The shares most recently traded at $39.27, down $0.91, or 2.31% since the insider transaction. Historical insider transactions for Carnival Corporation go as follows:

  • 4-Week # shares sold: 2.0 million
  • 12-Week # shares sold: 2.1 million
  • 24-Week # shares bought: 40,000
  • 24-Week # shares sold: 2.1 million

The average volume for Carnival Corporation has been 3.6 million shares per day over the past 30 days. Carnival Corporation has a market cap of $23.7 billion and is part of the services sector and leisure industry. Shares are down 0.42% year-to-date as of the close of trading on Monday.

Carnival Corporation operates as a cruise company worldwide. It operates in two segments, North America; and Europe, Australia, & Asia. The stock currently has a dividend yield of 2.52%. The company has a P/E ratio of 28.5. Currently there are 4 analysts that rate Carnival Corporation a buy, 2 analysts rate it a sell, and 10 rate it a hold.

Exclusive Offer: Get the latest Stock Analysis on CCL - FREE

TheStreet Quant Ratings rates Carnival Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Carnival Corporation Ratings Report from TheStreet Quant Ratings now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

If you liked this article you might like

Royal Caribbean Cruise Set to Sail Through Caribbean Hurricane Disasters?

Analysts Wrong on iPhone; Retail Not Going Away: Best of Cramer

S&P, Dow Close at Record Highs, Brushing Off Geopolitical Concerns

Stocks Shake Off North Korea and London to Stay in Record Territory

Carnival Will Have Massive Cruise Ships Using Liquefied Natural Gas by 2018