The Travelers Companies, Inc. (NYSE:TRV) has seen extensive activities within its executive team. Several of its executives have sold a significant number of shares; EVP Mojgan Lefebvre sold 6,149 shares, William H. Heyman, Michael Frederick Klein, Paul E. Munson, Alan D. Schnitzer, Daniel S. Frey, Avrohom J. Kess and David Donnay Rowland also sold thousands of shares each. In other development, the company has sold its Canadian Personal Insurance Business and the majority of its Canadian Commercial Insurance Business to Definity for US$2.4 billion. There are also several investments pouring into the company as firms like Leigh Baldwin & CO. LLC, Total Wealth Planning & Management Inc., Agate Pass Investment Management LLC, Summit Global Investments, Wealth Enhancement Advisory Services LLC and others invest hundreds of thousands to millions of dollars into TRV's shares. They also launched Quantum Yacht 2.0 with personalized coverage options, new innovative product liability insurance for life sciences companies. Despite executives' major share sell-off, analysts such as Keefe Bruyette & Woods are bullish, forecasting strong price appreciation.
The Travelers Companies TRV News Analytics from Mon, 20 Jan 2025 08:00:00 GMT to Sat, 31 May 2025 22:12:43 GMT -
Rating 5
- Innovation 4
- Information 6
- Rumor 1
