Travelers Companies, Inc. (TRV): Jay S Benet , Vice Chairman and CFO of Travelers Companies, Inc. sold 5,797 shares on Jul 11, 2016. The Insider selling transaction was reported by the company on Jul 12, 2016 to the Securities and Exchange Commission. The shares were sold at $118.12 per share for a total value of $684,730.06 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jul 7, 2016, Jay S Benet (Vice Chairman and CFO) sold 5,797 shares at $118.28 per share price.On Jun 2, 2016, William H Heyman (Vice Chairman & Chief Inv Off) sold 1,000 shares at $114.50 per share price.Also, On May 27, 2016, John P Jr Clifford (EVP, Human Resources) sold 15,798 shares at $113.47 per share price.On May 17, 2016, Andy F Bessette (EVP and Chief Admin Officer) sold 15,000 shares at $112.55 per share price.
Travelers Companies Inc: On Monday, Jul 11, 2016 heightened volatility was witnessed in Travelers Companies Inc which led to swings in the share price. The shares opened for trading at $118.32 and hit $118.47 on the upside , eventually ending the session at $118.12, with a gain of 0.03% or 0.04 points. The heightened volatility saw the trading volume jump to 10,19,528 shares. The 52-week high of the share price is $119.3 and the company has a market cap of $34,538 M . The 52-week low of the share price is at $95.21.
Company has been under the radar of several Street Analysts.Travelers Companies Inc is Upgraded by BofA/Merrill to Buy. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Jun 28, 2016.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.