Carnival Plc (CUK) Files Form 4 Insider Selling : Michael Olaf Thamm Sells 9,590 Shares

Carnival Plc (CUK): Michael Olaf Thamm , CEO – Costa Crociere of Carnival Plc sold 9,590 shares on May 31, 2016. The Insider selling transaction was reported by the company on Jun 2, 2016 to the Securities and Exchange Commission. The shares were sold at $49.58 per share for a total value of $475,472.19 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 2, 2016, Michael Olaf Thamm (CEO – Costa Crociere) sold 9,590 shares at $49.58 per share price.On Apr 5, 2016, Richard Glasier (director) sold 10,000 shares at $52.43 per share price.Also, On Mar 9, 2016, Arnold W Donald (President & CEO) sold 23,281 shares at $42.99 per share price.On Feb 25, 2016, David Bernstein (Chief Financial Officer) sold 6,214 shares at $48.11 per share price.

Carnival plc (ADR): On Wednesday, Jun 1, 2016 heightened volatility was witnessed in Carnival plc (ADR) which led to swings in the share price. The shares opened for trading at $48.87 and hit $49.62 on the upside , eventually ending the session at $49.59, with a gain of 0.22% or 0.11 points. The heightened volatility saw the trading volume jump to 4,35,133 shares. The 52-week high of the share price is $58.08 and the company has a market cap of $38,610 M . The 52-week low of the share price is at $42.45.

Carnival plc (ADR) Money Flow Index Chart

Carnival plc is a cruise vacation company. The Company has three cruise segments that consist of North America cruise brands Europe Australia & Asia (EAA) cruise brands and Cruise Support. In addition it also has a Tour and Other segment. The Company offers its services under nine cruise brands. Its North America segment cruise brands include Carnival Cruise Lines Holland America Line Princess Cruises (Princess) and Seabourn. Its EAA segment cruise brands include AIDA Cruises (AIDA) Costa Cruises (Costa) Cunard P&O Cruises (Australia) and P&O Cruises (United Kingdom). Its Cruise Support segment includes its cruise port and related facilities located in Cozumel Mexico; Grand Turk Turks and Caicos Islands Roatan Honduras and Puerto Plata Dominican Republic. In addition to its cruise operations it owns Holland America Princess Alaska Tours a tour company in Alaska and the Canadian Yukon.

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