Mark James, EVP, Chief Risk & Reinforcement Officer of CNA Financial Corp (CNA, Financial), executed a sale of 18,547 shares of the company on September 16, 2024. The transaction was filed on the same day as per the SEC Filing. Following this transaction, the insider now owns 22,917 shares of CNA Financial Corp.
CNA Financial Corp operates as a commercial property and casualty insurance company, providing a broad range of standard and specialized insurance products and services for businesses and professionals in the U.S., Canada, Europe, and Asia.
Over the past year, the insider transaction history at CNA Financial Corp shows a total of 7 insider sells and 0 insider buys. This latest sale by Mark James aligns with the observed trend of insider selling activities within the company.
On the date of the sale, shares of CNA Financial Corp were priced at $50.58. The company's market cap stood at approximately $13.53 billion. The price-earnings ratio of the stock is 10.61, which is below both the industry median of 11.2 and the company’s historical median.
According to the GF Value, which is an intrinsic value estimate calculated by GuruFocus, CNA Financial Corp has a price-to-GF-Value ratio of 1.21, indicating that the stock is Modestly Overvalued. The GF Value is derived from historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This insider sale could be of interest to current and potential investors, providing insight into the perspectives of high-level executives within CNA Financial Corp regarding the company's stock value and future prospects.
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.
