Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Travelers Companies Inc shares valued at $1,810,341 were sold by HEYMAN WILLIAM H on Nov 11 ’24. At $258.62 per share, HEYMAN WILLIAM H sold 7,000 shares. The insider’s holdings dropped to 250,384 shares worth approximately $64.23 million following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, HEYMAN WILLIAM H sold 3,000 shares, netting a total of over 768,000 in proceeds. Following the sale of shares at $256.00 each, the insider now holds 250,384 shares.
Before that, HEYMAN WILLIAM H had added 7,000 shares to its account. In a trade valued at $1,810,341, the Officer bought Travelers Companies Inc shares for $258.62 each.
As published in their initiating research note from Barclays on September 05, 2024, Travelers Companies Inc [TRV] has been an Overweight and the price target has been revised to $286. Analysts at TD Cowen downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in mid July. As of June 28, 2024, William Blair has decreased its “an Outperform” rating to a “Mkt perform” for TRV. Earlier on June 28, 2024, Citigroup downgraded its rating. Their new recommendation was “a Sell” for TRV stock which previously was a “a Neutral”.
Analyzing TRV Stock Performance
During the last five days, there has been a surge of approximately 1.68%. Over the course of the year, Travelers Companies Inc shares have jumped approximately 34.66%. Shares of the company reached a 52-week high of $269.55 on 10/18/24 and a 52-week low of $189.87 on 01/09/24. A 50-day SMA is recorded $243.90, while a 200-day SMA reached $223.03. Nevertheless, trading volume fell to 1.04 million shares from 0.89 million shares the previous day.
Support And Resistance Levels for Travelers Companies Inc (TRV)
According to the 24-hour chart, there is a support level at 255.07, which, if violated, would cause prices to drop to 253.63. In the upper region, resistance lies at 257.98. The next price resistance is at 259.45. RSI (Relative Strength Index) is 59.70 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 5.42, which suggests the price will increase in the coming days. Percent R is at 19.42%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
