Carnival Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

DB:3B5 Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
11 May 26	Sell€5	Stuart Subotnick	Individual	0.21	€21.40
01 Apr 26	Sell€270,645	Jonathon Band	Individual	12,000	€22.55
10 Feb 26	Sell€10,097,794	David Bernstein	Individual	361,790	€27.91
05 Aug 25	Sell€321,221	Jonathon Band	Individual	12,500	€25.70

Insider Trading Volume

Insider Buying: 3B5 insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of 3B5?
Owner Type	Number of Shares	Ownership Percentage
Public Companies	59,318	0.00429%
Private Companies	158,751	0.0115%
State or Government	1,516,063	0.11%
Individual Insiders	3,340,626	0.242%
General Public	434,433,299	31.4%
Institutions	943,769,911	68.2%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 41.87% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
10.1%	The Vanguard Group, Inc.	140,118,838	€3.1b	-4.81%	0.04%
6.51%	BlackRock, Inc.	90,097,549	€2.0b	-7.29%	0.03%
3.63%	State Street Global Advisors, Inc.	50,254,765	€1.1b	-2.21%	0.03%
2.68%	Causeway Capital Management LLC	37,096,593	€831.2m	-12.9%	2.39%
2.35%	Geode Capital Management, LLC	32,569,014	€729.8m	-0.98%	0.04%
2.14%	Barrow, Hanley, Mewhinney & Strauss, LLC	29,632,847	€664.0m	1.74%	1.88%
1.52%	FMR LLC	21,071,783	€472.1m	0%	0.02%
1.19%	Dimensional Fund Advisors LP	16,510,819	€370.0m	-0.98%	0.05%
0.99%	Viking Global Investors LP	13,721,348	€307.4m	-2.42%	0.87%
0.98%	JP Morgan Asset Management	13,527,310	€303.1m	-20.3%	0.03%
0.93%	Northern Trust Global Investments	12,828,106	€287.4m	-0.89%	0.03%
0.84%	Invesco Capital Management LLC	11,596,170	€259.8m	-0.93%	0.07%
0.77%	Goldman Sachs Asset Management, L.P.	10,716,939	€240.1m	37.8%	0.05%
0.73%	Norges Bank Investment Management	10,030,359	€224.7m	-42.9%	0.02%
0.67%	59 North Capital Management, LP	9,305,802	€208.5m	22.7%	6.71%
0.66%	AQR Capital Management, LLC	9,172,517	€205.5m	166%	0.1%
0.63%	BNP Paribas Financial Markets SNC	8,700,870	€195.0m	-18.2%	0.12%
0.63%	Charles Schwab Investment Management, Inc.	8,677,498	€194.4m	-3.08%	0.02%
0.61%	Bessemer Investment Management LLC	8,505,005	€190.6m	0.05%	0.25%
0.61%	Eaton Vance Management	8,388,211	€188.0m	3.39%	0.03%
0.61%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	8,381,220	€187.8m	-0.63%	0.04%
0.53%	Wellington Management Group LLP	7,271,041	€162.9m	-3.55%	0.03%
0.52%	D. E. Shaw & Co., L.P.	7,217,086	€161.7m	-5.3%	0.14%
0.5%	Point72 Asset Management, L.P.	6,887,847	€154.3m	18.8%	0.27%
0.5%	Aristeia Capital, LLC	6,866,080	€153.8m	0%	7.05%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/05/21 14:04
End of Day Share Price	2026/05/21 00:00
Earnings	2026/02/28
Annual Earnings	2025/11/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Carnival Corporation Ltd. is covered by 45 analysts. 22 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
John Staszak	Argus Research Company
Brandt Montour	Barclays
Felicia Kantor Hendrix	Barclays