Travelers Companies Inc’s recently made public that its Vice Chairman HEYMAN WILLIAM H unloaded Company’s shares for reported $0.54 million on Nov 27 ’24. In the deal valued at $267.50 per share,2,000 shares were sold. As a result of this transaction, HEYMAN WILLIAM H now holds 250,384 shares worth roughly $62.16 million.
Then, HEYMAN WILLIAM H sold 1,000 shares, generating $269,000 in total proceeds. Upon selling the shares at $269.00, the Vice Chairman now owns 250,384 shares.
Before that, HEYMAN WILLIAM H bought 1,000 shares. Travelers Companies Inc shares valued at $269,000 were divested by the Officer at a price of $269.00 per share.
Keefe Bruyette upgraded its Travelers Companies Inc [TRV] rating to an Outperform from a a Mkt perform in a research note published on February 19, 2025; the price target was increased to $286 from $275. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who increased its forecast for the stock in late January from “a Neutral” to “an Overweight”. Goldman also remained covering TRV and has increased its forecast on January 08, 2025 with a “Buy” recommendation from previously “Sell” rating. Wells Fargo revised its rating on December 11, 2024. It rated TRV as “an Underweight” which previously was an “an Equal weight”.
Price Performance Review of TRV
On Friday, Travelers Companies Inc [NYSE:TRV] saw its stock jump 3.42% to $248.24. Over the last five days, the stock has gained 4.17%. Travelers Companies Inc shares have risen nearly 3.05% since the year began. Nevertheless, the stocks have risen 13.10% over the past one year. While a 52-week high of $269.55 was reached on 01/22/25, a 52-week low of $200.21 was recorded on 01/13/25. SMA at 50 days reached $242.58, while 200 days put it at $232.15.
Levels Of Support And Resistance For TRV Stock
The 24-hour chart illustrates a support level at 242.95, which if violated will result in even more drops to 237.65. On the upside, there is a resistance level at 251.60. A further resistance level may holdings at 254.96. The Relative Strength Index (RSI) on the 14-day chart is 57.21, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.30, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 11.22%. Stochastics %K at 48.83% indicates the stock is a holding.
