The Travelers Companies (NYSE:TRV) has tumbled 1.71% during the past week and has dropped 0.03% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 0.53%. The Travelers Companies (NYSE:TRV) has underperformed the index by 0.94% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
The Travelers Companies (NYSE:TRV): The stock opened at $113.07 on Friday but the bulls could not build on the opening and the stock topped out at $113.10 for the day. The stock traded down to $111.33 during the day, due to lack of any buying support eventually closed down at $111.86 with a loss of -0.79% for the day. The stock had closed at $112.75 on the previous day. The total traded volume was 2,102,220 shares.
The company shares have rallied 11.82% from its 1 Year high price. On Apr 4, 2016, the shares registered one year high at $118.28 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $112.46 and the 200 Day Moving Average price is recorded at $111.28.
On the companys insider trading activities,The officer (Vice Chairman and CFO) of Travelers Companies, Inc., Benet Jay S sold 5,797 shares at $113.91 on June 13, 2016. The Insider selling transaction had a total value worth of $660,336. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Many analysts have stated their opinion on the company shares. Equity analysts at the Brokerage firm Argus Research downgrades its rating on The Travelers Companies (NYSE:TRV). The rating major has initiated the coverage with hold rating on the shares. Earlier, the shares were rated a Buy by the brokerage firm. The rating by the firm was issued on April 27, 2016. Currently the company Insiders own 1.34% of The Travelers Companies shares according to the proxy statements. Institutional Investors own 82.92% of The Travelers Companies shares. During last six month period, the net percent change held by insiders has seen a change of -26.11%.
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.