Top25-SA-Banner

The SEVP, CFO of Reinsurance Group is Exercising Options


Today it was reported that the SEVP, CFO of Reinsurance Group (RGA), Todd Larson, exercised options to sell 4,500 RGA shares at $47.10 a share, for a total transaction value of $672.2K.

Following Todd Larson’s last RGA Sell transaction on May 14, 2015, the stock climbed by 60.8%. In addition to Todd Larson, one other RGA executive reported Sell trades in the last month.

See today’s analyst top recommended stocks >>

Based on Reinsurance Group’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $3.24 billion and quarterly net profit of $301 million. In comparison, last year the company earned revenue of $3.14 billion and had a net profit of $228 million. RGA’s market cap is $9.43B and the company has a P/E ratio of 5.39. Currently, Reinsurance Group has an average volume of 31.81K.

The insider sentiment on Reinsurance Group has been negative according to 38 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Todd Larson’s trades have generated a -16.8% 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.

Reinsurance Group of America, Inc. is an insurance holding company, which engages in the provision of traditional and non-traditional life and health reinsurance products. It operates through the following segments: U.S. and Latin America; Canada; Europe, Middle East, and Africa; Asia Pacific; and Corporate and Other.