David Robinson, EVP and General Counsel of The Hartford Financial Services Group Inc (HIG, Financial), executed a sale of 15,000 shares in the company on February 6, 2024, according to a recent SEC Filing. The transaction was carried out at an average price of $89.64 per share, resulting in a total value of $1,344,600.
The Hartford Financial Services Group Inc is a company that provides insurance and financial services. Its products include property and casualty insurance, group benefits, and mutual funds. The company operates through multiple segments, including Commercial Lines, Personal Lines, Property & Casualty Other Operations, Group Benefits, and Hartford Funds.
Over the past year, the insider has sold a total of 15,000 shares and has not made any purchases. The recent sale by the insider is part of a broader trend observed over the past year, where there has been a total of 1 insider buy and 30 insider sells for The Hartford Financial Services Group Inc.
On the date of the insider's recent transaction, shares of The Hartford Financial Services Group Inc were trading at $89.64, giving the company a market capitalization of $26.784 billion.
The stock's price-earnings ratio stands at 11.23, which is below the industry median of 11.57 and also below the company’s historical median price-earnings ratio.
With a share price of $89.64 and a GuruFocus Value of $85.67, The Hartford Financial Services Group Inc has a price-to-GF-Value ratio of 1.05, indicating that the stock is Fairly Valued according to the GF Value metric.
The GF Value is a proprietary intrinsic value estimate from GuruFocus, which is calculated based on historical trading multiples, a GuruFocus adjustment factor related to the company's past performance, and future business performance estimates provided by Morningstar analysts.
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.
