Selective Insurance Group Inc (SIGI): Gregory E Murphy , Chairman & CEO of Selective Insurance Group Inc sold 8,334 shares on Jun 6, 2016. The Insider selling transaction was reported by the company on Jun 7, 2016 to the Securities and Exchange Commission. The shares were sold at $37.16 per share for a total value of $309,707.28 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 1, 2016, Paul D Bauer (director) sold 1,500 shares at $37.00 per share price.On May 31, 2016, Dale A Thatcher (EVP, CFO & Treasurer) sold 10,000 shares at $37.04 per share price.Also, On May 9, 2016, Gregory E Murphy (Chairman & CEO) sold 40,000 shares at $35.07 per share price.On Feb 18, 2016, J Brian Thebault (director) sold 3,438 shares at $33.59 per share price.
Shares of Selective Insurance Group (SIGI) ended Friday, Jun 3, 2016 session in red amid volatile trading. The shares closed down -0.43 points or -1.14% at $37.16 with 3,15,452 shares getting traded. Post opening the session at $37.48, the shares hit an intraday low of $36.67 and an intraday high of $37.48 and the price vacillated in this range throughout the day. The company has a market cap of $2,142 M and the number of outstanding shares has been calculated to be 5,76,44,481 shares. The 52-week high of Selective Insurance Group is $38.67 and the 52-week low is $26.6.
Company has been under the radar of several Street Analysts.Selective Insurance Group is Resumed by Keefe Bruyette to Mkt Perform. The Rating was issued on May 4, 2016.
Selective Insurance Group Inc. (the Parent) is a holding company with insurance subsidiaries. The Company operates its business through four reportable segments: Standard Commercial Lines Standard Personal Lines E&S Lines and Investments. Standard Commercial Lines consists of insurance products and services provided in the standard marketplace to its commercial customers. Standard Personal Lines consists of insurance products and services including flood insurance coverage that it writes through the National Flood Insurance Program (NFIP). E&S Lines consists of insurance products and services provided to customers who have not obtained coverage in the standard marketplace. It only writes commercial lines excess and surplus (E&S) coverages. Investments segment invests the premiums collected by its insurance segments as well as amounts generated through its capital management strategies which includes the issuance of debt and equity securities.