Today it was reported that the EVP* of Chubb Limited (NYSE: CB), Timothy Alan Boroughs, exercised options to sell 14,971 CB shares at $62.64 a share, for a total transaction value of $2.09M.
In addition to Timothy Alan Boroughs, 2 other CB executives reported Sell trades in the last month.
See today’s analyst top recommended stocks >>
Based on Chubb Limited’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $8.37 billion and quarterly net profit of $1.29 billion. In comparison, last year the company earned revenue of $8.1 billion and had a net profit of $1.31 billion. CB’s market cap is $64.83B and the company has a P/E ratio of 17.10. Currently, Chubb Limited has an average volume of 621.8K.
Based on 5 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $155.33, reflecting a 11.1% upside.
The insider sentiment on Chubb Limited has been negative according to 87 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Timothy Alan Boroughs’ trades have generated a -1.1% 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.
Chubb Ltd. is a holding company, which engages in the provision of commercial and personal property and casualty insurance, personal accident and supplemental health insurance (A&H), reinsurance, and life insurance. It operates through the following geographical segments: North America Commercial P&C Insurance, North America Personal P&C Insurance, North America Agricultural Insurance, Overseas General Insurance, Global Reinsurance, and Life Insurance. The company was founded on January 14, 2016 and is headquartered in Zurich, Switzerland.
