Travelers Companies Inc.’s filing revealed that its EVP & Chief Financial Officer Frey Daniel S. unloaded Company’s shares for reported $1.06 million on Apr 25 ’24. In the deal valued at $212.90 per share,5,000 shares were sold. As a result of this transaction, Frey Daniel S. now holds 18,515 shares worth roughly $3.95 million.
Then, Klein Michael Frederick sold 10,000 shares, generating $2,139,618 in total proceeds. Upon selling the shares at $213.96, the EVP & President, Personal Ins. now owns 22,798 shares.
Before that, Yin Daniel Tei-Hwa sold 9,502 shares. Travelers Companies Inc. shares valued at $2,103,173 were divested by the EVP & Co-Chief Invest. Officer at a price of $221.34 per share. As a result of the transaction, Yin Daniel Tei-Hwa now holds 58,817 shares, worth roughly $12.55 million.
TD Cowen initiated its Travelers Companies Inc. [TRV] rating to an Outperform in a research note published on January 10, 2024; the price target was $247. A number of analysts have revised their coverage, including HSBC Securities’s analysts, who began to cover the stock in late December with a ‘”a Hold”‘ rating. Janney began covering TRV with “Buy” recommendation on December 20, 2023. Oppenheimer started covering the stock on November 16, 2023. It rated TRV as “a Perform”.
Price Performance Review of TRV
On Friday, Travelers Companies Inc. [NYSE:TRV] saw its stock fall -0.25% to $213.45. Over the last five days, the stock has lost -0.29%. Travelers Companies Inc. shares have risen nearly 12.05% since the year began. Nevertheless, the stocks have risen 20.86% over the past one year. While a 52-week high of $232.75 was reached on 04/04/24, a 52-week low of $157.33 was recorded on 01/09/24. SMA at 50 days reached $221.28, while 200 days put it at $188.36. A total of 1.7 million shares were traded, compared to the trading of 43451.0 shares in the previous session.
Levels Of Support And Resistance For TRV Stock
The 24-hour chart illustrates a support level at 211.82, which if violated will result in even more drops to 210.18. On the upside, there is a resistance level at 214.80. A further resistance level may holdings at 216.14. The Relative Strength Index (RSI) on the 14-day chart is 40.13, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.12, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 62.27%. Stochastics %K at 37.80% indicates the stock is a holding.
The most recent change occurred on October 05, 2023 when Deutsche Bank began covering the stock and recommended ‘”a Hold”‘ rating along with a $186 price target.
