On October 16, 2024, Jeffrey Farber, Executive Vice President of The Hanover Insurance Group Inc (THG, Financial), sold 2,699 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 78,090.594 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, including personal and commercial auto, homeowners, and commercial multiple peril insurance.
Over the past year, Jeffrey Farber has sold a total of 12,000 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 11 insider sells and no insider buys over the past year.
Shares of The Hanover Insurance Group Inc were trading at $150.88 on the day of the sale. The company has a market cap of approximately $5.42 billion. The price-earnings ratio of the company stands at 20.02, which is above both the industry median of 11.56 and the company's historical median.
According to the GF Value, the intrinsic value of the stock is estimated at $148.86, 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 like 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 Jeffrey Farber aligns with the general insider selling trend at The Hanover Insurance Group Inc, providing investors with insights into the insider activities at the company.
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.
