Chubb Limited’s recent filing unveils that its Officer Ohsiek George F. acquired Company’s shares for reported $0.22 million on Mar 14 ’25. In the deal valued at $290.41 per share,763 shares were bought.
Then, GREENBERG EVAN G sold 25,728 shares, generating $7,498,397 in total proceeds. Upon selling the shares at $291.45, the Chairman & CEO now owns 584,395 shares.
Before that, Greenberg CH Dynasty LLC (Evan bought 25,728 shares. Chubb Limited shares valued at $7,500,912 were divested by the Officer at a price of $291.55 per share.
HSBC Securities upgraded its Chubb Limited [CB] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including BofA Securities’s analysts, who decreased its forecast for the stock in early October from “a Neutral” to “an Underperform”. Barclays began covering CB with “an Overweight” recommendation on September 05, 2024. William Blair revised its rating on June 28, 2024. It rated CB as “an Underperform” which previously was an “a Mkt perform”.
Price Performance Review of CB
On Monday, Chubb Limited [NYSE:CB] saw its stock jump 1.17% to $297.40. Over the last five days, the stock has gained 1.52%. Chubb Limited shares have risen nearly 7.64% since the year began. Nevertheless, the stocks have risen 14.29% over the past one year. While a 52-week high of $302.05 was reached on 03/17/25, a 52-week low of $238.85 was recorded on 01/10/25. SMA at 50 days reached $274.39, while 200 days put it at $276.21.
Levels Of Support And Resistance For CB Stock
The 24-hour chart illustrates a support level at 293.91, which if violated will result in even more drops to 290.42. On the upside, there is a resistance level at 299.82. A further resistance level may holdings at 302.24. The Relative Strength Index (RSI) on the 14-day chart is 66.55, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 6.01, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 4.97%. Stochastics %K at 87.10% indicates the stock is a selling.
How much short interest is there in Chubb Limited?
A steep rise in short interest was recorded in Chubb Limited stocks on 2025-02-28, dropping by 47487.0 shares to a total of 2.65 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 2.7 million shares. There was a decline of -1.79%, which implies that there is a negative sentiment for the stock.
