Royal Bank of Canada Insider Sells 696 Shares of Stock

Royal Bank of Canada (TSE:RY) insider Kelly Bradley has sold a significant amount of shares in the company. According to MarketBeat, on September 1st, Bradley sold 696 shares at an average price of C$282.26, resulting in a total transaction value of C$196,452.96. This sale marks a decrease of 65.97% in their ownership of the stock.

Bradley also made several other trades on September 1st, including selling 359 shares at an average price of C$282.24 for a total value of C$101,324.16, and 5,142 shares at an average price of C$283.07 for a total transaction of C$1,455,545.94.

The company's stock has been affected by these insider sales, trading down C$0.89 on Friday to C$291.48 per share. The stock's market capitalization is approximately C$403.53 billion, with a price-to-earnings ratio of 18.38 and a beta of 0.94.