Royal Caribbean’s Laura Bethge sells $3.9 million in shares

Laura Bethge, President of Celebrity Cruises, a subsidiary of Royal Caribbean Cruises Ltd. (NYSE:RCL), recently sold a significant portion of her holdings in the company. The sale comes as RCL shows strong momentum, with the stock delivering a remarkable 113% return over the past year and reaching a market capitalization of $65.3 billion. According to a recent SEC filing, Bethge sold a total of 14,992 shares of common stock on February 18, 2025. The shares were sold at prices ranging from $259.43 to $263.45 per share, resulting in a total transaction value of approximately $3.9 million. Following these transactions, Bethge retains ownership of 21,155 shares directly, with an additional 87 shares held indirectly by her spouse. Based on InvestingPro analysis, RCL currently appears overvalued, with analyst price targets ranging from $225.45 to $330. Gain deeper insights into insider trading patterns and 12+ additional ProTips with an InvestingPro subscription.

In other recent news, Royal Caribbean Cruises has reported a robust financial performance with its Q4 2024 revenue increasing by 12.91% year-over-year to $3.76 billion and full-year revenue rising 18.59% to a record $16.49 billion. Analysts from Tigress Financial have maintained a Buy rating, raising the price target to $330, citing strong performance and positive guidance for 2025. S&P Global Ratings upgraded Royal Caribbean’s credit rating to ’BBB-’ from ’BB+’, highlighting strong forward bookings and anticipated improvements in credit measures. Meanwhile, UBS has increased its price target for Royal Caribbean to $301, maintaining a Buy rating, and noting the positive impact of new private destinations on financial performance. Macquarie analysts have also lifted their price target to $300, following a strong fourth quarter with adjusted earnings per share of $1.63, surpassing both company guidance and consensus estimates. Royal Caribbean’s liquidity remains solid at $4.1 billion, supporting its capital expenditure plans for 2025. The company has announced plans to expand into the river cruise market with Celebrity River Cruises, expected to begin in 2027. These developments indicate a strong outlook for Royal Caribbean, with continued growth in bookings and revenue.

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