On October 1, 2024, Jeffrey Farber, Executive Vice President of The Hanover Insurance Group Inc (THG, Financial), sold 300 shares of the company at a price of $150.03 per share. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 85,740.594 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 insurance products and services to individuals, families, and businesses.
Over the past year, Jeffrey Farber has sold a total of 4,350 shares and has not made any purchases of the company's stock. This recent sale is part of a broader trend within the company, where there have been 9 insider sells and no insider buys over the last year.
Shares of The Hanover Insurance Group Inc were trading at $150.03 on the day of the sale. The company has a market cap of approximately $5.25 billion. The price-earnings ratio of the stock is 19.40, which is above both the industry median of 11.49 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, an adjustment factor from GuruFocus, and future business performance estimates from analysts.
This insider sale might interest investors tracking insider behaviors as an indicator of the company's future performance and valuation alignment.
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.
