The Senior Vice President – IT of Mercury General Corp (NYSE: MCY) is Selling Shares

By Carrie Williams

Today, the Senior Vice President – IT of Mercury General Corp (NYSE: MCY), Allan Lubitz, sold shares of MCY for $159.1K.

Following Allan Lubitz’s last MCY Sell transaction on December 11, 2014, the stock climbed by 9.2%. In addition to Allan Lubitz, 3 other MCY executives reported Sell trades in the last month.

The company has a one year high of $64.52 and a one year low of $49.69. MCY’s market cap is $3.27B and the company has a P/E ratio of 45.5. Currently, Mercury General Corp has an average volume of 207.2K.

Allan Lubitz’s trades have generated a 3.8% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Mercury General Corp. is a holding company, which engages in the provision of insurance services. It operates through the Property & Casualty Lines; and Other. The Property & Casualty Lines offers insurance products on private passengers automobile, commercial properties, and vehicles. The Other segment includes automobile mechanical breakdown warranties sold through dealerships and credit unions. The company was founded by George Joseph in 1961 and is headquartered in Los Angeles, CA.