A Director at Willis Group (NYSE: WLTW) is Selling Shares

By Carrie Williams

On November 13, a Director at Willis Group (NYSE: WLTW), Jeffrey Ubben, sold shares of WLTW for $70.93M.

Following Jeffrey Ubben’s last WLTW Sell transaction on September 08, 2017, the stock climbed by 10.7%. In addition to Jeffrey Ubben, one other WLTW executive reported Sell trades in the last month.

Based on Willis Group’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $1.84 billion and GAAP net loss of $54 million. In comparison, last year the company earned revenue of $1.76 billion and had a GAAP net loss of $32 million. The company has a one-year high of $165 and a one-year low of $119.70. WLTW’s market cap is $21.43B and the company has a P/E ratio of 48.18.

Based on 6 analyst ratings, the analyst consensus is Strong Buy with an average price target of $173, reflecting a -6.3% downside. Four different firms, including Deutsche Bank and Goldman Sachs, currently also have a Sell rating on the stock.

In the last 30 days, insiders have sold $70.93M worth of WLTW shares and purchased $496.3K worth of WLTW shares. The insider sentiment on Willis Group has been negative according to 70 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Willis Towers Watson Plc engages in the provision of advisory, broking, and solutions services. It operates through the following segments: Human Capital and Benefits; Corporate Risk and Broking; Investment, Risk and Reinsurance; and Exchange Solutions.