LONDON (ShareCast) - Howard Frank, vice chairman and chief operating officer at Carnival, has sold more than $2.5m worth of shares in the cruise operator.

He offloaded 66,000 shares at a weighted average price of about $39.62 and now has a holding of just over 294,000 shares.

Frank joined Carnival in 1989 having worked in the cruise and travel industries as a partner with the professional services company Price Waterhouse Coopers.

The company’s share price has fallen over the past year due to high oil prices and consumer spending concerns.


Top Director Buys

Homeserve (HSV)
Director name: Mr Jon Florsheim
Amount purchased: 9,618 @ 1,441.00p
Value: £138,595

Homeserve (HSV)
Director name: Mr Richard Harpin
Amount purchased: 8,836 @ 1,441.00p
Value: £127,327

Lancashire Holdings (LRE)
Director name: Mr Richard David Henry Brindle
Amount purchased: 37,320 @ 308.00p
Value: £114,946

Homeserve (HSV)
Director name: Mr Jonathan Simpson-Dent
Amount purchased: 6,903 @ 1,441.00p
Value: £99,472

Homeserve (HSV)
Director name: Mr Ian Carlisle
Amount purchased: 2,775 @ 1,441.00p
Value: £39,988

General Electric (GEC)
Director name: Mr James J Mulva
Amount purchased: 435 @ € 18.74
Value: € 8,152


Top Director Sells

Carnival (CCL)
Director name: Mr Howard S Frank
Amount sold: 66,000 @ 2,062.13p
Value: £1,361,006

Homeserve (HSV)
Director name: Mr Brian Whitty
Amount sold: 9,672 @ 1,441.00p
Value: £139,374

Homeserve (HSV)
Director name: Mr Richard Harpin
Amount sold: 8,060 @ 1,441.00p
Value: £116,145

Homeserve (HSV)
Director name: Mr Ian Carlisle
Amount sold: 3,126 @ 1,441.00p
Value: £45,046

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