Insider Trading Review: Travelers (TRV)

Travelers Companies Inc (NYSE:TRV) insider has recently participated in insider trading activity. Exec. Chairman of the Board, FISHMAN JAY S sold 288,847 shares for $ 30,952,934 via one transaction Feb 16. Following the transaction, the insider now owns 374,323 shares in total, priced at $ 40745058.55 as of Thursday. Another notable insider trading was done by the insider on Feb 16. Schnitzer Alan D sold 81,636 shares at an average price of $107.16 for a total of $ 8,748,144. Moreover, Spadorcia Doreen carried out a sale of 21,465 shares at $104.77 each on Feb 08. The transaction amounted to $ 2,248,977. Vice Chairman and CFO BENET JAY S sold 75,121 shares for $ 8,664,647 through one transaction Nov 24. Following this sale, this insider’s stake in the company comprises 53,998 shares, priced at $5877682.3 as of Thursday.

The stock has experienced a total of 18 insider trades in the past three months. These trades include 4 sell activities and 14 buy trades. Furthermore, over the past 12 months, the stock was traded 74 times by insiders. In 54 of these trades, the insider was a seller while an employee of the company was the buyer in just 20 instances.

The Travelers Institute, the public policy division of Travelers Companies Inc (TRV) will bring its Small Business – Big Opportunity℠ symposia series to the Tempe Center for the Arts to address cybersecurity risks and provide tips to help local businesses prepare for, prevent and respond to a cyber breach. The Tempe Chamber of Commerce, the National Association of Women Business Owners’ Phoenix Chapter and Brown & Brown Insurance of Arizona, Inc. will join the Travelers Institute in hosting the event.

Michael Echols, Director of the Joint Program Management Office, Office of Cybersecurity and Communications, U.S. Department of Homeland Security, will deliver keynote remarks on cyber preparedness for small and midsized businesses.

The Travelers Companies, Inc., through its subsidiaries, provides a range of commercial and personal property, and casualty insurance products and services to businesses, government units, associations, and individuals in the United states and internationally. The company operates in three segments: Business and International Insurance; Bond & Specialty Insurance; and Personal Insurance. The Business and International Insurance segment offers property and casualty products, including commercial multi-peril, commercial property, general liability, commercial automobile, and workers’ compensation; and personal property, employers’ liability, public and product liability, professional indemnity, commercial property, surety, marine, aviation, personal accident, and kidnap and ransom insurance.