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Insider Trends: 90-Day Insider Buying Trend at CNA Financial Slowed with Sale of Shares

05/10/2021 15:10

07:01 PM EDT, 05/10/2021 (MT Newswires) -- Daniel Paul Franzetti, EVP, Claims, sold 9,486 shares in CNA Financial (CNA) for $456,277 on May 07, 2021. Franzetti, following the transactions outlined in the Form 4 SEC filing, owns 37,451 company shares, with a market value, based on the prior-day closing price, of $1.81 million.

During the most recent 90-day period, previous to the date of this filing, there have been 20 insider transactions reported to the SEC for CNA Financial. These transactions came from the activities of 9 separate insiders that resulted in a net acquisition of 301,367 company shares. In the preceding 90-day window of time, there are no insider transactions for the company.

This is a lower level of transactions than the peer group average in the 61-company Property & Casualty Insurance peer group over the last 90-day period. Peer group activity averaged 128.3 transactions per company, and disposition of 13,185 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/21175/000002117521000071/xslF345X03/wf-form4_162068759053503.xml

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.