Is Carnival (CCL) Stock a Sell after David Bernstein’s Insider Trade?; Marsico Capital Management Has Decreased By $13.21 Million Its Priceline Grp (PCLN) Stake

An insider of the company Carnival Corp, David Bernstein also its CFO & CAO, disclosed his insider activities with the U.S. SEC on February 15, 2018. As reported in the document, David had sold 5,999 shares of the Pinksheet-listed Carnival Corp. The total transaction was worth $412,341 US Dollars. At the time of the sale the price of a share was $68.7. In the last 30 days, he also unloaded 6,940 shares valued at $480,891 USD. At the moment, David Bernstein owns 37,776 shares which are equivalent to roughly 0.01% of Carnival Corp’s total market cap.

Marsico Capital Management Llc decreased Priceline Grp Inc (PCLN) stake by 24.84% reported in 2017Q3 SEC filing. Marsico Capital Management Llc sold 7,218 shares as Priceline Grp Inc (PCLN)’s stock rose 10.44%. The Marsico Capital Management Llc holds 21,844 shares with $39.99M value, down from 29,062 last quarter. Priceline Grp Inc now has $91.34 billion valuation. The stock increased 2.99% or $54.405 during the last trading session, reaching $1872.815. About 374,900 shares traded. The Priceline Group Inc. (NASDAQ:PCLN) has risen 44.63% since February 15, 2017 and is uptrending. It has outperformed by 27.93% the S&P500.

Carnival Corporation operates as a leisure travel and cruise company. The company has market cap of $49.82 billion. 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 , Cunard, and P&O Cruises (Australia) brands in Europe, Australia, and Asia. It has a 19.39 P/E ratio. The firm operates approximately 100 cruise ships.

Investors sentiment decreased to 1.11 in Q3 2017. Its down 0.01, from 1.12 in 2017Q2. It fall, as 32 investors sold Carnival Corporation shares while 232 reduced holdings. 79 funds opened positions while 214 raised stakes. 398.79 million shares or 2.41% less from 408.62 million shares in 2017Q2 were reported. Loring Wolcott Coolidge Fiduciary Advsrs Llp Ma, a Massachusetts-based fund reported 2,630 shares. 56,955 were reported by Cantab Cap Prtnrs Limited Liability Partnership. Marshall Wace Llp owns 3,397 shares. Meeder Asset holds 66,358 shares. Intll Group Inc Inc invested 0.03% of its portfolio in Carnival Corporation (NYSE:CCL). Davenport & Llc has invested 0.54% of its portfolio in Carnival Corporation (NYSE:CCL). Fifth Third Bancshares owns 86,217 shares for 0.04% of their portfolio. Driehaus Cap Lc holds 0.01% or 3,857 shares. Td Cap Ltd Com invested in 0% or 230 shares. Estabrook Mngmt has 1,700 shares. Wells Fargo And Mn reported 1.78M shares or 0.04% of all its holdings. Daiwa Secs Gp reported 21,757 shares. Wedge Cap Management L Lp Nc invested 0.3% in Carnival Corporation (NYSE:CCL). Utd Advisers Limited Liability Company holds 7,465 shares or 0% of its portfolio. Connecticut-based Paloma Prns Mgmt Company has invested 0.06% in Carnival Corporation (NYSE:CCL).

Since October 16, 2017, it had 0 insider buys, and 12 selling transactions for $12.34 million activity. $288,874 worth of stock was sold by GLASIER RICHARD on Monday, January 22. $716,649 worth of Carnival Corporation (NYSE:CCL) shares were sold by PEREZ ARNALDO. $1.12M worth of Carnival Corporation (NYSE:CCL) was sold by DONALD ARNOLD W on Friday, January 12. Bernstein David had sold 4,340 shares worth $299,957. On Friday, January 12 the insider KRUSE STEIN sold $1.49M. The insider BAND SIR JONATHON sold $267,226.

Among 29 analysts covering Carnival Corporation (NYSE:CCL), 19 have Buy rating, 0 Sell and 10 Hold. Therefore 66% are positive. Carnival Corporation has $84.0 highest and $48 lowest target. $67.64’s average target is -2.82% below currents $69.6 stock price. Carnival Corporation had 72 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was maintained by UBS with “Buy” on Thursday, August 17. The stock has “Outperform” rating by Bernstein on Wednesday, November 23. The firm has “Buy” rating given on Thursday, March 31 by SunTrust. The firm has “Buy” rating given on Monday, October 5 by Citigroup. The stock of Carnival Corporation (NYSE:CCL) earned “Hold” rating by J.P. Morgan on Tuesday, December 19. Argus Research upgraded Carnival Corporation (NYSE:CCL) on Monday, February 27 to “Buy” rating. Credit Suisse downgraded Carnival Corporation (NYSE:CCL) rating on Friday, September 15. Credit Suisse has “Neutral” rating and $70 target. The rating was initiated by HSBC with “Buy” on Monday, October 3. SunTrust maintained Carnival Corporation (NYSE:CCL) on Tuesday, December 19 with “Buy” rating. On Wednesday, June 29 the stock rating was maintained by Goldman Sachs with “Neutral”.

The stock decreased 0.46% or $0.32 during the last trading session, reaching $69.6. About 1.66M shares traded. Carnival Corporation (NYSE:CCL) has risen 24.12% since February 15, 2017 and is uptrending. It has outperformed by 7.42% the S&P500.

Among 34 analysts covering Priceline.com (NASDAQ:PCLN), 26 have Buy rating, 0 Sell and 8 Hold. Therefore 76% are positive. Priceline.com had 99 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of The Priceline Group Inc. (NASDAQ:PCLN) has “Market Perform” rating given on Tuesday, January 30 by Wells Fargo. The firm earned “Overweight” rating on Tuesday, February 28 by Barclays Capital. As per Thursday, September 28, the company rating was maintained by Piper Jaffray. Redburn initiated The Priceline Group Inc. (NASDAQ:PCLN) on Friday, September 4 with “Buy” rating. Stifel Nicolaus maintained the stock with “Buy” rating in Wednesday, August 9 report. Deutsche Bank maintained it with “Hold” rating and $2055 target in Wednesday, August 9 report. The company was maintained on Wednesday, August 9 by Raymond James. Citigroup initiated the stock with “Buy” rating in Tuesday, January 10 report. The stock of The Priceline Group Inc. (NASDAQ:PCLN) earned “Buy” rating by Miller Tabak on Wednesday, January 18. The firm has “Hold” rating given on Tuesday, October 24 by Deutsche Bank.

Investors sentiment decreased to 1.03 in 2017 Q3. Its down 0.03, from 1.06 in 2017Q2. It fall, as 66 investors sold PCLN shares while 320 reduced holdings. 93 funds opened positions while 306 raised stakes. 50.07 million shares or 10.39% more from 45.36 million shares in 2017Q2 were reported. Tokio Marine Asset Mngmt Co Limited, a Japan-based fund reported 2,898 shares. Toronto Dominion Bank invested in 0.11% or 18,828 shares. Fmr Ltd Company reported 0.45% stake. Hartford Invest reported 0.38% stake. Cornerstone Advsrs holds 0.32% in The Priceline Group Inc. (NASDAQ:PCLN) or 1,500 shares. California-based Lpl Fin Ltd Limited Liability Company has invested 0.02% in The Priceline Group Inc. (NASDAQ:PCLN). Netherlands-based Ing Groep Nv has invested 0.01% in The Priceline Group Inc. (NASDAQ:PCLN). Webster Bancorporation N A reported 62 shares stake. Bb&T reported 2,676 shares. Gsa Partners Llp stated it has 3,620 shares. Parus Finance (Uk) holds 8.9% in The Priceline Group Inc. (NASDAQ:PCLN) or 27,736 shares. Bluestein R H And holds 150 shares. Birinyi Associates Inc has 6.09% invested in The Priceline Group Inc. (NASDAQ:PCLN). Lombard Odier Asset Mgmt (Europe) Ltd owns 556 shares or 0.06% of their US portfolio. 119 were reported by Driehaus Capital Mgmt Limited Liability Corp.

Since August 15, 2017, it had 0 insider purchases, and 4 sales for $913,734 activity. $216,299 worth of The Priceline Group Inc. (NASDAQ:PCLN) shares were sold by Tans Gillian.

Analysts await The Priceline Group Inc. (NASDAQ:PCLN) to report earnings on February, 26. They expect $14.10 EPS, down 0.77% or $0.11 from last year’s $14.21 per share. PCLN’s profit will be $687.65M for 33.21 P/E if the $14.10 EPS becomes a reality. After $35.22 actual EPS reported by The Priceline Group Inc. for the previous quarter, Wall Street now forecasts -59.97% negative EPS growth.

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