Jason Liberty sold 50,000 shares RCL stock which was approximately $6.98 million, with a weighted-average price of $139.63 per share.
Following this sale, Liberty's direct ownership in Royal Caribbean Cruises Ltd. is 153,017 shares. So I'm not worried he's cashing out and sailing into the sunset. No other executive / director followed. He could have myriad reasons to have taken out 6.98M. Graduation present? Gift to a family member? Who the frig knows. He does have a substantial number of shares left. I don't see this sale as an indication that the sky is falling - not for now at least.
I'm staying in especially when the average future target price (according to analysts) is $151 with a high estimate of $174.