On a relative basis, the stock has outperformed the S&P 500 by 1.62% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.47% in the last 1 week, and is up 6.06% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 2.64% and the 50-Day Moving Average is 4.5%.
The Travelers Companies (NYSE:TRV): The stock opened at $119.14 on Friday but the bulls could not build on the opening and the stock topped out at $119.19 for the day. The stock traded down to $118.38 during the day, due to lack of any buying support eventually closed down at $118.64 with a loss of -0.08% for the day. The stock had closed at $118.74 on the previous day. The total traded volume was 1,546,811 shares.
The company Insiders own 1.34% of The Travelers Companies shares according to the proxy statements. Institutional Investors own 82.9% of The Travelers Companies shares. During last six month period, the net percent change held by insiders has seen a change of -26.11%. In a related news,The officer (Vice Chairman and CFO) of Travelers Companies, Inc., Benet Jay S sold 5,797 shares at $118.12 on July 11, 2016. The Insider selling transaction had a total value worth of $684,742. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
The Travelers Companies, Inc. is a holding company. Through its subsidiaries, the Company is engaged in providing a range of commercial and personal property and casualty insurance products and services to businesses, Government units, associations and individuals. The Company has three operating segments: Business and International Insurance segment, Bond & Specialty Insurance segment and the Personal Insurance segment. Business and International Insurance segment offers a range of property and casualty insurance and insurance related services to its customers, primarily in the United States, as well as in Canada, the United Kingdom, the Republic of Ireland and throughout other parts of the world. Bond & Specialty Insurance segment provides surety, crime, management and professional liability coverages, and related risk management services. Personal Insurance segment includes a range of property and casualty insurance covering individuals personal risks.