🥇 First rule of investing? Know when to save! Up to 55% off InvestingPro before BLACK FRIDAYCLAIM SALE

Insider Sale: Executive Vice President Peter Enns Sells 8,200 Shares of Chubb Ltd (CB)

Published 2024-06-24, 07:00 a/m
Insider Sale: Executive Vice President Peter Enns Sells 8,200 Shares of Chubb Ltd (CB)
CB
-

GuruFocus - On June 20, 2024, Peter Enns, Executive Vice President of Chubb Ltd (NYSE:CB), executed a sale of 8,200 shares of the company. The transaction was documented in an SEC Filing. Following this transaction, the insider now owns 45,853 shares of Chubb Ltd.

Chubb Ltd is a globally recognized insurance company, offering a wide range of insurance products including property and casualty insurance, accident and health insurance, reinsurance, and life insurance to a diverse group of clients.

The shares were sold at a price of $266.06, valuing the transaction at approximately $2,183,692. The sale occurred when Chubb Ltd's shares were trading near their GF Value, suggesting a fair valuation of the stock.

Over the past year, there have been no insider purchases of Chubb Ltd stock, but there have been 20 insider sales. The insider transaction history indicates a trend of selling rather than buying among insiders.

Chubb Ltd's market cap is currently $108.45 billion, with a price-earnings ratio of 11.85. This ratio is slightly higher than the industry median of 11.43, indicating a premium compared to its peers.

The stock's valuation metrics, including the price-sales ratio, price-book ratio, and price-to-free cash flow, are aligned with historical trading multiples. The current price-to-GF Value ratio of 1.06 suggests that the stock is Fairly Valued.

The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates provided by Morningstar analysts.

This recent insider sale could provide current and potential investors with insights into how insiders view the stock's valuation and future prospects.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

This content was originally published on Gurufocus.com

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.