Goldman Sachs Group Inc. Sells 765,815 Shares of Carnival Corporation $CUK

Key Points

• Goldman Sachs Group Inc. decreased its stake in Carnival Corporation by 73.9%, now holding 270,850 shares valued at approximately $4.75 million.
• Insider transactions report that Director Sir Jonathon Band sold 12,500 shares, reducing his ownership by 16.25% to a remaining 64,406 shares valued at nearly $1.92 million.
• Carnival Corporation reported earnings per share of $0.35 for the recent quarter, exceeding expectations and setting Q3 2025 guidance at $1.30 EPS.

Goldman Sachs Group Inc. cut its holdings in shares of Carnival Corporation (NYSE:CUK - Free Report) by 73.9% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 270,850 shares of the company's stock after selling 765,815 shares during the period. Goldman Sachs Group Inc. owned 0.14% of Carnival worth $4,748,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Ameriprise Financial Inc. purchased a new stake in Carnival in the fourth quarter worth $206,000. Squarepoint Ops LLC bought a new position in Carnival in the fourth quarter valued at about $217,000. Invesco Ltd. purchased a new stake in Carnival in the first quarter worth about $283,000. Vident Advisory LLC increased its position in Carnival by 9.1% in the first quarter. Vident Advisory LLC now owns 17,363 shares of the company's stock worth $304,000 after buying an additional 1,444 shares in the last quarter. Finally, Kintayl Capital LP purchased a new stake in shares of Carnival during the first quarter worth about $712,000. 23.80% of the stock is owned by hedge funds and other institutional investors.

Carnival Price Performance

CUK stock traded down $0.76 during midday trading on Friday, hitting $27.71. The company's stock had a trading volume of 2,203,317 shares, compared to its average volume of 1,379,878. Carnival Corporation has a 12 month low of $13.65 and a 12 month high of $29.80. The company has a quick ratio of 0.30, a current ratio of 0.34 and a debt-to-equity ratio of 2.58. The firm has a market capitalization of $5.22 billion, a price-to-earnings ratio of 14.98 and a beta of 2.76. The company has a 50 day moving average of $27.77 and a two-hundred day moving average of $22.55.

Carnival (NYSE:CUK - Get Free Report) last released its quarterly earnings results on Tuesday, June 24th. The company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.11. The business had revenue of $6.33 billion during the quarter, compared to analysts' expectations of $6.21 billion. Carnival had a return on equity of 27.88% and a net margin of 9.72%. Carnival has set its Q3 2025 guidance at 1.300-1.300 EPS. FY 2025 guidance at 1.970-1.970 EPS. On average, analysts expect that Carnival Corporation will post 1.7 EPS for the current year.

Insiders Place Their Bets

In other Carnival news, Director Sir Jonathon Band sold 12,500 shares of the firm's stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $29.75, for a total transaction of $371,875.00. Following the completion of the transaction, the director owned 64,406 shares in the company, valued at $1,916,078.50. This trade represents a 16.25% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.08% of the stock is owned by corporate insiders.

Carnival Profile

Carnival Plc operates as a global cruise and vacation company. The firm offers holiday and vacation products to a customer base that is broadly varied in terms of cultures, languages and leisure-time preferences. It operates through the North America and Australia (NAA), Europe and Asia (EA), Cruise Support, and Tour and Other segments.