Why insider trading matters?

Numerous studies have examined whether there is evidence that U.S. insiders systematically trade on private information despite the legal deterrence. The consensus appears to be that insider purchases (but not sales) tend to be followed by positive abnormal stock price performance, particularly for small growth stocks.

- Prof. B. Espen Eckbo, Dartmouth College
ROYAL CARIBBEAN CRUISES LTD (RCL)
Sector: Consumer Cyclical; Industry: Travel Services

Royal Caribbean Cruises Ltd. operates as a cruise company. The company operates cruises under the Royal Caribbean International, Celebrity Cruises, Azamara Club Cruises, and Silversea Cruises brands. The Royal Caribbean International brand provides itineraries to destinations worldwide, including Alaska, Asia, Australia, Bahamas, Bermuda, Canada, the Caribbean, Europe, the Panama Canal, and New Zealand with cruise lengths that range from 2 to 19 nights. As of December 31, 2019, the company operated 61 ships and had 17 ships on order.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-04-12 Liberty Jason T EVP, Chief Financial Officer Sell 3,000 $88.77 $266,310 No
2021-04-07 Pujol Henry L SVP, Chief Accounting Officer Sell 15,208 $95.00 $1,444,760 No
2021-04-06 Stein Bradley H SVP, GC & ChiefComplianceOff Sell 6,700 $89.29 $598,230 No
2021-04-06 Pujol Henry L SVP, Chief Accounting Officer Sell 5,069 $89.27 $452,528 No
2021-04-05 Lutoff-Perlo Lisa Pres & CEO, Celebrity Cruises Sell 23,702 $90.00 $2,133,180 No
2021-04-05 Liberty Jason T EVP, Chief Financial Officer Sell 34,778 $90.17 $3,135,808 No
2021-04-05 Bayley Michael W Pres& CEO, Royal Caribbean Intl Sell 56,823 $90.17 $5,123,648 No
2021-03-24 Montiel Maritza Gomez Director Buy 400 $120.52 $48,208 No
2020-08-25 Wilhelmsen Arne Alexander Director Sell 2,000,000 $63.45 $126,908,778 No
2020-08-25 A WILHELMSEN A S 10%-Owner Sell 2,000,000 $63.45 $126,908,778 No
2020-05-26 Thompson Donald Director Buy 20,000 $48.63 $972,518 No
2020-02-06 Pimentel Lawrence R Pres&CEO, Azamara Club Cruises Sell 16,000 $120.00 $1,920,000 No
2020-02-05 Fain Richard D Chairman & CEO Sell 20,000 $119.69 $2,393,756 No
2020-01-06 Fain Richard D Chairman & CEO Sell 20,000 $131.07 $2,621,485 No
2019-12-05 Fain Richard D Chairman & CEO Sell 20,000 $120.55 $2,410,908 No
2019-11-26 Pimentel Lawrence R Pres&CEO, Azamara Club Cruises Sell 10,928 $120.00 $1,311,360 Yes
2019-11-05 Fain Richard D Chairman & CEO Sell 20,000 $113.13 $2,262,681 No
2019-10-11 Fain Richard D Chairman & CEO Sell 20,000 $105.00 $2,100,000 No
2019-09-05 Fain Richard D Chairman & CEO Sell 20,000 $105.66 $2,113,168 No
2019-08-23 Pimentel Lawrence R Pres&CEO, Azamara Club Cruises Sell 10,518 $108.25 $1,138,598 Yes
2019-08-05 Fain Richard D Chairman & CEO Sell 20,000 $108.46 $2,169,109 Yes
2019-07-11 Fain Richard D Chairman & CEO Sell 20,000 $110.22 $2,204,349 Yes
2019-05-02 Pujol Henry L SVP, Chief Accounting Officer Sell 4,134 $128.20 $529,979 No
2019-05-02 Montiel Maritza Gomez Director Sell 2,700 $126.49 $341,523 No
2019-03-05 Howe Stephen R. Jr. Director Buy 420 $119.50 $50,190 No
2019-03-05 Stein Bradley H SVP, GC & ChiefComplianceOff Sell 5,909 $119.27 $704,777 No
2019-03-01 Montiel Maritza Gomez Director Sell 510 $118.77 $60,574 No
2019-02-25 Lutoff-Perlo Lisa Pres & CEO, Celebrity Cruises Sell 14,187 $120.75 $1,713,103 No
2019-02-25 Liberty Jason T EVP, Chief Financial Officer Sell 13,000 $121.79 $1,583,270 No
2019-02-15 Kulovaara Harri U EVP, Maritime Sell 8,642 $117.90 $1,018,892 No

Insider Smart

Planet Fitness, Inc (PLNT) - Our position in PLNT is also inspired by insider trading, if insiders are comfortable and confident buying around $50, it is an easy hold if you can pick it up at an even lower price. Our avg cost of the position is ~$40 and is now with 50% profit.

Insider Smart

Mohawk Group Holdings, Inc. (MWK) - Multiple insiders bought MWK in June around $5, stock moved sideways for a month then made a 60% jump in 10 days. Patience is the key.