Insider Activity to Watch: Carnival Corp (CCL)

Carnival Corp (NYSE:CCL) insider has recently participated in insider trading activity. General Counsel & Secretary, PEREZ ARNALDO sold 8,362 shares for $ 341,086 via one transaction Feb 09. Another notable insider trading was done by KRUSE STEIN on Feb 09, who is the CEO, Holland America Group. The insider sold 12,196 shares at an average price of $ 40.79. Moreover, an insider selling of 23,281 shares was carried out by DONALD ARNOLD W, President & CEO, on Feb 09. Following the transaction, the insider now owns 188,599 shares in total. Chief Accounting Officer Freedman Larry R. sold 407 shares for $ 16,602 through one transaction Feb 09. Following this sale, this insider’s stake in the company comprises 27,826 shares, priced at $ 1226013.56 as of Friday.

The stock has experienced a total of 26 insider trades in the past three months. These trades include 13 sell activities and 13 buy trades. Furthermore, over the past 12 months, the stock was traded 40 times by insiders. In 20 of these trades, the insider was a seller while an employee of the company was the buyer in just 20 instances.

On Feb 12, 2016, Holland America Line, a division of Carnival Corp (CCL) debuted the fifth “Countdown to Koningsdam” video in the series that details The Dining Room. The short videos were created to provide updates and share the excitement as ms Koningsdam nears delivery in April 2016.

Hosted by Johnathan Rogers, Koningsdam’s inaugural cruise director, the video, “Countdown to Koningsdam Episode 5,” features Holland America Line’s Senior Vice President of Guest Experience and Product Development Michael Smith, who takes guests inside the ship’s primary dining venue.

“The Dining Room is the heart of the culinary experience onboard, and this new ‘Countdown to Koningsdam’ video enables us to show fans the new innovations and ideas we’re introducing in this space,” said Orlando Ashford, Holland America Line’s president. “The restaurant is an impressive work of art, and it’s the perfect venue for our guests to enjoy fine dining with Holland America Line.”

The Dining Room was created by famed hospitality designer Adam D. Tihany, and is where Koningsdam’s guests will dine for breakfast, lunch and dinner in a more formal setting. The ambiance of the two-story restaurant is sophisticated and airy, with several impressive new features for a Holland America Line ship.

Carnival Corporation operates as a leisure travel and cruise company in North America, Europe, Australia, and Asia. It offers cruises under the Carnival Cruise Line, Princess Cruises, Holland America Line, and Seabourn brands in North America; and Costa, AIDA, P&O Cruises (UK), Cunard, and P&O Cruises (Australia) brands in Europe, Australia, and Asia. The company operates 99 cruise ships. It also owns Holland America Princess Alaska Tours, a tour company in Alaska and the Canadian Yukon, which owns and operates 11 hotels or lodges, approximately 300 motor coaches, and 20 glass-domed railcars. In addition, the company is involved in the leasing of cruise ships. It sells its cruises primarily through travel agents and tour operators. Carnival Corporation was incorporated in 1972 and is headquartered in Miami, Florida. Carnival Corporation operates as a subsidiary of Carnival Corporation & Plc.