Insider Sale: Executive Vice President Juan Ortega Sells Shares of Chubb Ltd (CB)

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On June 6, 2024, Juan Ortega, Executive Vice President of Chubb Ltd (CB, Financial), sold 2,400 shares of the company. The transaction was reported in a recent SEC Filing. Following this sale, the insider now owns 44,631.93 shares of Chubb Ltd.

Chubb Ltd is a globally recognized insurance company, offering a variety of insurance products including property and casualty insurance, accident and health insurance, reinsurance, and life insurance to a diverse group of clients.

Over the past year, the insider has sold a total of 3,908 shares and has not made any purchases. This recent transaction is part of a broader trend observed over the past year at Chubb Ltd, where there have been 19 insider sells and no insider buys.

Shares of Chubb Ltd were trading at $260.98 on the day of the sale. The company has a market cap of approximately $108.72 billion. The price-earnings ratio of the stock is 11.88, which is slightly higher than the industry median of 11.275.

According to the GF Value, the intrinsic value of Chubb Ltd is estimated at $251.93 per share, making the stock Fairly Valued with a price-to-GF-Value ratio of 1.04.

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The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates provided by Morningstar analysts.

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This insider sale might be of interest to investors tracking insider behaviors and evaluating the stock’s valuation metrics such as the price-sales ratio, price-book ratio, and price-to-free cash flow ratio, all of which are components of the GF Value calculation.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.