Insider Sale at The Travelers Companies Inc (TRV): EVP & President, Bond & Specialty Insurance Jeffrey Klenk Sells 3,635 Shares

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On May 1, 2024, Jeffrey Klenk, EVP & President, Bond & Specialty Insurance at The Travelers Companies Inc (TRV, Financial), executed a sale of 3,635 shares of the company. The transaction was filed on the same day through an SEC Filing. Over the past year, the insider has sold a total of 20,784 shares and has not made any purchases.

The Travelers Companies Inc, a leading provider of property casualty insurance for auto, home, and business, has a significant presence in the insurance industry. The company's shares were trading at $213.68 on the day of the sale, bringing its market cap to approximately $49.09 billion.

The company's current price-earnings ratio stands at 15.93, which is above both the industry median of 11.78 and the company’s historical median. This valuation metric suggests a higher valuation compared to industry standards.

According to the GF Value, which is an intrinsic value estimate used by GuruFocus, The Travelers Companies Inc is considered Fairly Valued with a price-to-GF-Value ratio of 0.97. The GF Value of $221.06 is calculated based on historical trading multiples, an adjustment factor from past returns and growth, and future business performance estimates.

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In the past year, there have been no insider buys and 28 insider sells at The Travelers Companies Inc, indicating a trend where insiders are choosing to sell shares rather than purchase new ones.

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This insider activity and the current valuation metrics provide a snapshot of the company's financial position and insider sentiment at The Travelers Companies Inc.

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.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.