Today it was reported that the Vice Chairman of Travelers Companies (TRV), Jay Benet, exercised options to sell 57,800 TRV shares at $106.04 a share, for a total transaction value of $8.29M.
In addition to Jay Benet, 6 other TRV executives reported Sell trades in the last month. Following Jay Benet’s last TRV Sell transaction on April 24, 2019, the stock climbed by 4.2%.
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Based on Travelers Companies’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $7.67 billion and quarterly net profit of $791 million. In comparison, last year the company earned revenue of $7.29 billion and had a net profit of $664 million. TRV’s market cap is $37.56B and the company has a P/E ratio of 14.56. Currently, Travelers Companies has an average volume of 1.12M.
Based on 6 analyst ratings, the analyst consensus is Hold with an average price target of $142.50, reflecting a -0.2% downside.
The insider sentiment on Travelers Companies has been negative according to 69 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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The Travelers Cos., Inc. is a holding company, which engages in the provision of commercial and personal property and casualty insurance products and services. It operates through the following business segments: Business Insurance; Bond and Specialty Insurance; and Personal Insurance.
