Travelers Companies, Inc. (TRV): Andy F Bessette , EVP and Chief Admin Officer of Travelers Companies, Inc. sold 15,000 shares on May 16, 2016. The Insider selling transaction was reported by the company on May 17, 2016 to the Securities and Exchange Commission. The shares were sold at $112.55 per share for a total value of $1,688,205.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 13, 2016, Doreen Spadorcia (Vice Chairman) sold 26,240 shares at $112.47 per share price.On May 12, 2016, William H Heyman (Vice Chairman & Chief Inv Off) sold 2,728 shares at $112.38 per share price.Also, On Apr 28, 2016, Jay S Fishman (Exec. Chairman of the Board) sold 288,848 shares at $109.62 per share price.On Feb 25, 2016, Andy F Bessette (EVP and Chief Admin Officer) sold 4,915 shares at $107.30 per share price.
Shares of Travelers Companies Inc (TRV) ended Monday, May 16, 2016 session in red amid volatile trading. The shares closed down -0.43 points or -0.38% at $112.24 with 11,54,992 shares getting traded. Post opening the session at $112.26, the shares hit an intraday low of $111.94 and an intraday high of $112.86 and the price vacillated in this range throughout the day. The company has a market cap of $32,818 M and the number of outstanding shares has been calculated to be 29,23,94,630 shares. The 52-week high of Travelers Companies Inc is $118.28 and the 52-week low is $95.21.
On Apr 21, 2016, Travelers Companies Inc announced a cash dividend of $0.6700. The company’s management has announced Jun 8, 2016 as the ex-dividend date and fixed the record date on Jun 10, 2016. The payable date has been fixed on Jun 30, 2016.
Company has been under the radar of several Street Analysts.Travelers Companies Inc is Reiterated by RBC Capital Mkts to Outperform and the brokerage firm has raised the Price Target to $ 121 from a previous price target of $118 .The Rating was issued on Apr 22, 2016.
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.