A Director at Hartford Financial (HIG) is Selling Shares


Today, a Director at Hartford Financial (HIG), Robert Allardice, sold shares of HIG for $353.8K.

Following Robert Allardice’s last HIG Sell transaction on March 02, 2017, the stock climbed by 8.2%. In addition to Robert Allardice, 2 other HIG executives reported Sell trades in the last month.

See today’s analyst top recommended stocks >>

Based on Hartford Financial’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $4.89 billion and quarterly net profit of $630 million. In comparison, last year the company earned revenue of $4.62 billion and had a net profit of $535 million. HIG’s market cap is $19.84B and the company has a P/E ratio of 11.86. Currently, Hartford Financial has an average volume of 1.31M.

Based on 5 analyst ratings, the analyst consensus is Strong Buy with an average price target of $61.80, reflecting a 12.4% upside.

In the last 30 days, insiders have sold $620.2K worth of HIG shares and purchased $530K worth of HIG shares. The insider sentiment on Hartford Financial has been neutral according to 52 insider trades in the past three months. This sentiment is higher than the average sentiment of company insiders in this sector.

Robert Allardice’s trades have generated a -10.2% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. 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.

The Hartford Financial Services Group, Inc. is an insurance and financial services company. The company provides life insurance, group and employee benefits, automobile and homeowners insurance and business insurance, as well as investment products, annuities, mutual funds, and college savings plans.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts