What Did This CEO Just Do with Personal Shares of Chubb Limited (CB)?


Today, the Chairman & CEO of Chubb Limited (NYSE: CB), Evan Greenberg, sold shares of CB for $2.5M.

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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 $64.89B and the company has a P/E ratio of 17.11. Currently, Chubb Limited has an average volume of 2.02M.

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 85 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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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.

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