A Director at Chubb Corp (CB) is Selling Shares


Today, a Director at Chubb Corp (NYSE: CB), Michael Atieh, sold shares of CB for $120.4K.

Following Michael Atieh’s last CB Sell transaction on September 09, 2014, the stock climbed by 36.3%.

See today’s analyst top recommended stocks >>

Based on Chubb Corp’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $7.91 billion and quarterly net profit of $1.08 billion. In comparison, last year the company earned revenue of $7.55 billion and had a net profit of $1.09 billion. CB’s market cap is $61B and the company has a P/E ratio of 15.99. Currently, Chubb Corp has an average volume of 14.71K.

Based on 5 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $165.00, reflecting a -20.5% downside. Four different firms, including Atlantic Equities and KBW, currently also have a Sell rating on the stock.

The insider sentiment on Chubb Corp has been negative according to 89 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Company insider trades’ information is brought to you by the DailyInsider, a proprietary algorithm that analyzes insider trading activity to detect the most attractive trading opportunities. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Chubb Ltd. is a holding company, which functions as a global insurance and reinsurance organization. It operates through the following business segments: Insurance-North America P and C, Insurance-North American Agriculture, Insurance-Overseas General, Global Reinsurance, and Life.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts