On October 18, 2024, Jeffrey Farber, Executive Vice President of The Hanover Insurance Group Inc (THG, Financial), sold 12,000 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 66,090.594 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 property and casualty products to individuals, families, and businesses.
Over the past year, Jeffrey Farber has sold a total of 24,000 shares and has not purchased any shares. This recent transaction continues a trend seen across the company, where there have been 12 insider sells and no insider buys over the past year.
Shares of The Hanover Insurance Group Inc were trading at $155.08 on the day of the sale. The company has a market cap of approximately $5.5 billion. The price-earnings ratio of the company stands at 20.33, which is above both the industry median of 11.66 and the company's historical median.
The stock's GF Value is estimated at $148.86, indicating a price-to-GF-Value ratio of 1.04. This suggests that the stock is Fairly Valued based on its GF Value.
The GF Value is calculated considering historical trading multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This insider sale might be of interest to current and potential investors trying to understand recent insider trends and the valuation context of The Hanover Insurance Group Inc's stock.
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.
