Employers Holdings, Inc. (EIG): Lenard T Ormsby , EVP, Chief Legal Officer of Employers Holdings, Inc. sold 7,218 shares on May 27, 2016. The Insider selling transaction was reported by the company on May 31, 2016 to the Securities and Exchange Commission. The shares were sold at $30.23 per share for a total value of $218,200.14 , 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 18, 2016, Stephen V Festa (EVP, Chief Operating Officer) sold 6,000 shares at $29.90 per share price.On May 2, 2016, John P Nelson (EVP, Chief Admin Officer) sold 20,833 shares at $30.00 per share price.Also, On May 2, 2016, Ann W Nelson (EVP, Corp. & Public Affairs) sold 10,002 shares at $30.00 per share price.On Apr 27, 2016, Douglas D Dirks (President & CEO) sold 37,632 shares at $28.78 per share price.
Shares of Employers Holdings (EIG) ended Friday, May 27, 2016 session in red amid volatile trading. The shares closed down -0.36 points or -1.19% at $29.86 with 2,64,981 shares getting traded. Post opening the session at $30.32, the shares hit an intraday low of $29.57 and an intraday high of $30.36 and the price vacillated in this range throughout the day. The company has a market cap of $969 M and the number of outstanding shares has been calculated to be 3,24,41,521 shares. The 52-week high of Employers Holdings is $30.53 and the 52-week low is $20.86.
Employers Holdings Inc. is a holding company. Through its insurance subsidiaries the Company provides workers’ compensation insurance coverage to select small businesses in low to medium hazard industries. It provides workers’ compensation insurance under a statutory system wherein employers are required to provide coverage for their employees’ medical disability vocational rehabilitation and/or death benefit costs for work-related injuries or illnesses. It provides workers’ compensation insurance in around 31 states and the District of Columbia. The Company invests in fixed maturity securities equity securities and cash equivalents. Its small business low to medium hazard workers’ compensation insurance products are offered and marketed through the Company’s partners and alliances. Its insurance subsidiaries include Employers Insurance Company of Nevada Employers Compensation Insurance Company Employers Preferred Insurance Company and Employers Assurance Company.