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Forex

Royal Bank of Canada Insider Sells Over $7 Billion Worth of Stock

Guavy AI Editorial Team
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CAD
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Royal Bank of Canada (TSE:RY) insider Maria Elena Douvas has made several significant stock sales in recent days. On Thursday, October 1st, she sold 9,604 shares of RY at an average price of C$275.20, totaling a value of C$2,643,020.80. This was not her only transaction on that day.

Douvas also sold 8,482 shares of Royal Bank of Canada stock at an average price of C$274.70, for a total value of C$2,330,005.40, and 9,066 shares at an average price of C$275.02, totaling C$2,493,331.32.

The bank's stock traded up C$0.96 on Friday to reach C$278.82, with a total of 732,446 shares exchanged. The firm has a market capitalization of C$386.01 billion and a PE ratio of 17.58.

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