On September 19, 2024, Jeffrey Farber, Executive Vice President of The Hanover Insurance Group Inc (THG, Financial), sold 4,050 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 85,983.377 shares of the company.
The Hanover Insurance Group Inc (THG, Financial) is a holding company for several property and casualty insurance companies, which together constitute one of the largest insurance businesses in the United States. The company provides a wide range of property and casualty products to businesses, individuals, and families through a network of independent agents.
Over the past year, Jeffrey Farber has engaged in several transactions involving company shares. To date, the insider has sold a total of 4,050 shares and has not purchased any shares.
The insider transaction history for The Hanover Insurance Group Inc (THG, Financial) indicates a trend of more sales than purchases among insiders. Over the past year, there have been zero insider buys and eight insider sells.
On the valuation front, shares of The Hanover Insurance Group Inc were trading at $150.06 on the day of the sale. This pricing gives the company a market cap of approximately $5.36 billion. The price-earnings ratio stands at 19.82, which is above both the industry median of 11.12 and the company's historical median.
According to the GF Value, the intrinsic value of the stock is estimated at $148.85, making the stock Fairly Valued with a price-to-GF-Value ratio of 1.01.
The GF Value is calculated based on historical trading multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted by a GuruFocus factor which considers past returns and growth, and future business performance estimates provided by Morningstar analysts.
This sale by the insider reflects ongoing transactions within the company's stock by its executives, providing current and potential investors with insights into insider confidence and valuation metrics.
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.
