The Chief Risk Officer and* of Chubb Corp (NYSE: CB) is Selling Shares

By Carrie Williams

Today, the Chief Risk Officer and* of Chubb Corp (NYSE: CB), Sean Ringsted, sold shares of CB for $506K.

In addition to Sean Ringsted, 2 other CB executives reported Sell trades in the last month. Following Sean Ringsted’s last CB Sell transaction on August 04, 2016, the stock climbed by 1.0%.

Based on Chubb Corp’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $8.51 billion and quarterly net profit of $1.36 billion. In comparison, last year the company earned revenue of $5.25 billion and had a net profit of $528 million. The company has a one year high of $134.41 and a one year low of $106.82. CB’s market cap is $58.82B and the company has a P/E ratio of 16.90.

Based on 5 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $136.00, reflecting a -6.9% downside.

The insider sentiment on Chubb Corp has been positive according to 94 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. To subscribe to the DailyInsider visit this page.

Chubb Ltd. engages in the provision of insurance business. It provides a range of insurance solutions including commercial, personal property, casualty, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse clients. The company was founded on January 14, 2016 and is headquartered in Zurich, Switzerland.