David Bernstein, CFO & CAO of Carnival PLC (CUK, Financial), has sold 34,020 shares of the company on January 19, 2024, according to a recent SEC Filing. Over the past year, the insider has sold a total of 34,020 shares and has not made any purchases of the stock.
Carnival PLC is a global cruise company offering leisure travel to major cruise destinations. The company operates a fleet of ships under various brand names and serves a broad customer base.
The insider transaction history for Carnival PLC indicates a trend of more insider buying than selling over the past year, with 2 insider buys and only 1 insider sell recorded during this period.
On the day of the insider's recent transaction, shares of Carnival PLC were trading at $17.05, giving the company a market capitalization of $19.044 billion.
The stock's price-to-GF-Value ratio stands at 0.52, with a GF Value of $32.97. This valuation suggests that Carnival PLC is currently categorized as a Possible Value Trap, Think Twice according to GuruFocus metrics.
The GF Value is determined by considering historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on the company's historical returns and growth, and future business performance estimates provided by 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.
