The SVP of Loews Corp (L) is Selling Shares


Today, the SVP of Loews Corp (L), Kenneth I. Siegel, sold shares of L for $586.9K.

Following Kenneth I. Siegel’s last L Sell transaction on February 22, 2018, the stock climbed by 3.7%. In addition to Kenneth I. Siegel, 5 other L executives reported Sell trades in the last month.

See today’s analyst top recommended stocks >>

Based on Loews Corp’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $3.69 billion and quarterly net profit of $394 million. In comparison, last year the company earned revenue of $3.54 billion and had a net profit of $293 million. L’s market cap is $16.17B and the company has a P/E ratio of 22.84. Currently, Loews Corp has an average volume of 1.17M.

In the last 30 days, insiders have sold $808.1K worth of L shares and purchased $81.63K worth of L shares. The insider sentiment on Loews Corp has been negative according to 71 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.

Loews Corp. is a holding company, which engages in the oil and gas business. It operates through the following segments: CNA Financial, Diamond Offshore, Boardwalk Pipeline, Loews Hotels and Corporate. The CNA Financial segment offers property, casualty, insurance, and underwriting services. The Diamond Offshore segment manages drilling rigs.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts