Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Travelers Companies Inc shares valued at $535,000 were sold by HEYMAN WILLIAM H on Nov 27 ’24. At $267.50 per share, HEYMAN WILLIAM H sold 2,000 shares. The insider’s holdings dropped to 250,384 shares worth approximately $60.85 million following the completion of this transaction.
Also, HEYMAN WILLIAM H sold 1,000 shares, netting a total of over 269,000 in proceeds. Following the sale of shares at $269.00 each, the insider now holds 250,384 shares.
Before that, HEYMAN WILLIAM H had added 1,000 shares to its account. In a trade valued at $269,000, the Officer bought Travelers Companies Inc shares for $269.00 each.
As published in a research note from Piper Sandler on January 24, 2025, Travelers Companies Inc [TRV] has been rated up from a Neutral to an Overweight and the price target has been revised to $310 from $259. Analysts at Goldman upgraded the stock from ‘”a Sell”‘ to ‘”a Buy”‘ outlook in a report released in early January. As of December 11, 2024, Wells Fargo has decreased its “an Equal weight” rating to a “an Underweight” for TRV. Earlier on December 10, 2024, HSBC Securities upgraded its rating. Their new recommendation was “a Buy” for TRV stock which previously was a “a Hold”.
Analyzing TRV Stock Performance
During the last five days, there has been a drop of approximately -1.87%. Over the course of the year, Travelers Companies Inc shares have jumped approximately 0.88%. Shares of the company reached a 52-week high of $254.42 on 01/22/25 and a 52-week low of $230.23 on 01/13/25. A 50-day SMA is recorded $244.85, while a 200-day SMA reached $231.32. Nevertheless, trading volume fell to 0.91 million shares from 1.33 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 240.68, which, if violated, would cause prices to drop to 238.34. In the upper region, resistance lies at 244.34. The next price resistance is at 245.66. RSI (Relative Strength Index) is 48.09 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -3.67, which suggests the price will decrease in the coming days. Percent R is at 65.62%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
