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Insider Trends: Chubb Insider Sale Scales Back 90-Days of Buys

05/12/2021 04:30

08:29 AM EDT, 05/12/2021 (MT Newswires) -- On May 10, 2021, Executive Vice President And*, Joseph F Wayland, executed a sale of 4,000 shares in Chubb (CB) for $702,640. Wayland, after the transactions designated in the SEC Form 4 filing, has 83,683 company shares, with a market value, based on the prior-day closing price, of $14.0 million.

In the 90 days prior to the date of this filing, there have been 32 insider transactions reported to the SEC for Chubb. These transactions came from the activities of 10 individual insiders that resulted in a net acquisition of 235,779 company shares. This compares with the preceding 90-day window of time where there were 11 transactions from 7 insiders which resulted in the net acquisition of 40,298 shares.

This level of insider transactions is below that of the peer group average in the 22-company Multiline Insurance & Brokers peer group over the last 90-day period. Peer group activity averaged 74.2 transactions per company, and disposition of 19,339 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/896159/000120919121031933/xslF345X03/doc4.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.