Travelers Companies Inc.’s recent filing unveils that its EVP & President, Business Ins. Toczydlowski Gregory C unloaded Company’s shares for reported $2.01 million on May 02 ’24. In the deal valued at $214.92 per share,9,372 shares were sold. As a result of this transaction, Toczydlowski Gregory C now holds 18,416 shares worth roughly $3.94 million.
Then, Klenk Jeffrey P. sold 3,635 shares, generating $776,727 in total proceeds. Upon selling the shares at $213.68, the EVP & Pres., Bond & Spec. Ins. now owns 6,075 shares.
Before that, Frey Daniel S. sold 5,000 shares. Travelers Companies Inc. shares valued at $1,064,482 were divested by the EVP & Chief Financial Officer at a price of $212.90 per share. As a result of the transaction, Frey Daniel S. now holds 18,515 shares, worth roughly $3.96 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 -0.24% to $213.85. Over the last five days, the stock has gained 0.19%. Travelers Companies Inc. shares have risen nearly 12.26% since the year began. Nevertheless, the stocks have risen 19.37% 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 $220.64, while 200 days put it at $189.47. A total of 1.1 million shares were traded, compared to the trading of 1.0 million shares in the previous session.
Levels Of Support And Resistance For TRV Stock
The 24-hour chart illustrates a support level at 211.91, which if violated will result in even more drops to 209.96. On the upside, there is a resistance level at 215.08. A further resistance level may holdings at 216.30. The Relative Strength Index (RSI) on the 14-day chart is 42.57, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.21, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 47.15%. Stochastics %K at 51.35% 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.
