Chubb Limited’s recent filing unveils that its Chief Accounting Officer Ohsiek George F. unloaded Company’s shares for reported $0.27 million on Feb 11 ’25. In the deal valued at $267.63 per share,1,007 shares were sold. As a result of this transaction, Ohsiek George F. now holds 19,899 shares worth roughly $5.76 million.
Then, Ohsiek George F. bought 1,007 shares, generating $269,498 in total proceeds.
Before that, GREENBERG EVAN G sold 30,318 shares. Chubb Limited shares valued at $8,780,093 were divested by the Chairman & CEO at a price of $289.60 per share. As a result of the transaction, GREENBERG EVAN G now holds 553,664 shares, worth roughly $160.39 million.
BofA Securities downgraded its Chubb Limited [CB] rating to an Underperform from a a Neutral in a research note published on October 04, 2024; the price target was increased to $275 from $264. A number of analysts have revised their coverage, including Barclays’s analysts, who began to cover the stock in early September with a ‘”an Overweight”‘ rating. William Blair also remained covering CB and has decreased its forecast on June 28, 2024 with a “an Underperform” recommendation from previously “Mkt perform” rating. BofA Securities revised its rating on May 23, 2024. It rated CB as “a Neutral” which previously was an “an Underperform”.
Price Performance Review of CB
On Monday, Chubb Limited [NYSE:CB] saw its stock jump 1.47% to $289.69. Over the last five days, the stock has gained 5.94%. Chubb Limited shares have risen nearly 4.85% since the year began. Nevertheless, the stocks have risen 14.24% over the past one year. While a 52-week high of $302.05 was reached on 03/03/25, a 52-week low of $238.85 was recorded on 01/10/25. SMA at 50 days reached $271.65, while 200 days put it at $274.92.
Levels Of Support And Resistance For CB Stock
The 24-hour chart illustrates a support level at 286.97, which if violated will result in even more drops to 284.25. On the upside, there is a resistance level at 291.75. A further resistance level may holdings at 293.81. The Relative Strength Index (RSI) on the 14-day chart is 69.73, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 13.16, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 5.01%. Stochastics %K at 95.69% indicates the stock is a selling.
