Today, the Sr VP, Chief Risk Off. – Sub of Cincinnati Financial (CINF), Teresa Cracas, sold shares of CINF for $8.28M.
Following Teresa Cracas’ last CINF Sell transaction on October 16, 2017, the stock climbed by 9.4%. This is Cracas’ first Sell trade following 5 Buy transactions.
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Based on Cincinnati Financial’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $2.71 billion and quarterly net profit of $909 million. In comparison, last year the company earned revenue of $1.91 billion and had a net profit of $428 million. The company has a one-year high of $118.19 and a one-year low of $46.07. Currently, Cincinnati Financial has an average volume of 789.25K.
Based on 3 analyst ratings, the analyst consensus is Hold with an average price target of $72.00, reflecting a 10.2% upside.
The insider sentiment on Cincinnati Financial has been positive according to 65 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
Teresa Cracas’ trades have generated a 10.0% 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.
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Cincinnati Financial Corp. provides property casualty and life insurance services. It operates through the following segments: Commercial Lines Insurance, Personal Lines Insurance, Excess & Surplus Lines Insurance, Life Insurance and Investments. The Commercial Lines Insurance segment includes commercial casualty, commercial property, commercial auto, worker’s compensation, and other commercial lines insurance. The Personal Lines Insurance segment manages personal auto, homeowner, and other personal lines insurance. The Excess & Surplus Lines Insurance segment covers business risks such as the nature of the business or its claim history, that are difficult to profitably insure in the standard commercial lines market. The Life Insurance segment offers term life insurance, universal life insurance, worksite products, and whole life insurance services. The Investment segment generates revenue from the fixed-maturity investment and equity investment. The company was founded by John Jack Schiff Sr., Robert Cleveland Schiff, and Harry M. Turner in 1968 and is headquartered in Fairfield, OH.