Representative George Whitesides (D-California) recently sold shares of Chubb Limited NYSE: CB. In a filing disclosed on April 23rd, the Representative disclosed that they had sold between $100,001 and $250,000 in Chubb stock on March 24th. The trade occurred in the Representative's "GEORGE WHITESIDES INDIVIDUAL" account.
Representative George Whitesides also recently made the following trade(s):
- Sold $100,001 - $250,000 in shares of Netflix NASDAQ: NFLX on 3/27/2025.
- Sold $250,001 - $500,000 in shares of Innoviva NASDAQ: INVA on 3/25/2025.
- Sold $100,001 - $250,000 in shares of Linde NASDAQ: LIN on 3/24/2025.
- Sold $100,001 - $250,000 in shares of Procter & Gamble NYSE: PG on 3/24/2025.
- Sold $1,001 - $15,000 in shares of Sandoz Group OTCMKTS: SDZNY on 3/24/2025.
- Sold $15,001 - $50,000 in shares of American Electric Power NASDAQ: AEP on 3/24/2025.
- Sold $50,001 - $100,000 in shares of Medtronic NYSE: MDT on 3/24/2025.
- Sold $100,001 - $250,000 in shares of McDonald's NYSE: MCD on 3/24/2025.
- Sold $15,001 - $50,000 in shares of Bank of America NYSE: BAC on 3/24/2025.
- Sold $15,001 - $50,000 in shares of Diageo NYSE: DEO on 3/24/2025.
Chubb Stock Down 0.9 %
Chubb stock traded down $2.63 during trading on Thursday, reaching $283.45. 97,230 shares of the company's stock were exchanged, compared to its average volume of 1,622,570. The company's 50-day moving average is $287.43 and its two-hundred day moving average is $281.12. The firm has a market cap of $113.57 billion, a price-to-earnings ratio of 12.48, a PEG ratio of 3.36 and a beta of 0.47. Chubb Limited has a 52-week low of $244.84 and a 52-week high of $306.91. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.28 and a current ratio of 0.25.
Chubb (NYSE:CB - Get Free Report) last posted its earnings results on Tuesday, April 22nd. The financial services provider reported $3.68 EPS for the quarter, topping analysts' consensus estimates of $3.28 by $0.40. Chubb had a net margin of 16.63% and a return on equity of 13.75%. The business had revenue of $12.65 billion for the quarter, compared to analysts' expectations of $11.22 billion. On average, analysts predict that Chubb Limited will post 21.52 earnings per share for the current year.
Chubb Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, April 4th. Investors of record on Friday, March 14th were given a dividend of $0.91 per share. This represents a $3.64 dividend on an annualized basis and a yield of 1.28%. The ex-dividend date of this dividend was Friday, March 14th. Chubb's dividend payout ratio (DPR) is presently 17.52%.
Hedge Funds Weigh In On Chubb
Several institutional investors and hedge funds have recently modified their holdings of CB. Peoples Bank KS bought a new stake in shares of Chubb in the 1st quarter valued at approximately $25,000. Opal Wealth Advisors LLC acquired a new stake in shares of Chubb in the first quarter worth $25,000. North Capital Inc. bought a new stake in shares of Chubb during the 1st quarter worth $26,000. Sierra Ocean LLC acquired a new position in Chubb in the 4th quarter valued at $29,000. Finally, Crowley Wealth Management Inc. acquired a new position in Chubb during the 4th quarter worth $29,000. 83.81% of the stock is currently owned by hedge funds and other institutional investors.
Insider Transactions at Chubb
In related news, EVP Timothy Alan Boroughs sold 14,748 shares of the stock in a transaction dated Tuesday, March 18th. The shares were sold at an average price of $296.12, for a total value of $4,367,177.76. Following the completion of the sale, the executive vice president now owns 29,194 shares in the company, valued at approximately $8,644,927.28. This trade represents a 33.56 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Joseph F. Wayland sold 10,000 shares of the firm's stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of $286.96, for a total value of $2,869,600.00. Following the completion of the sale, the executive vice president now owns 77,703 shares of the company's stock, valued at $22,297,652.88. This represents a 11.40 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 63,470 shares of company stock worth $18,562,730. Company insiders own 0.86% of the company's stock.
Analyst Upgrades and Downgrades
A number of research firms have recently weighed in on CB. JPMorgan Chase & Co. raised their price target on shares of Chubb from $300.00 to $307.00 and gave the stock a "neutral" rating in a research report on Tuesday, April 8th. Jefferies Financial Group upped their price target on Chubb from $307.00 to $308.00 and gave the company a "hold" rating in a research report on Friday, April 11th. Hsbc Global Res raised shares of Chubb from a "hold" rating to a "strong-buy" rating in a report on Wednesday, March 5th. JMP Securities reissued a "market outperform" rating and issued a $325.00 target price on shares of Chubb in a report on Wednesday, January 29th. Finally, HSBC raised Chubb from a "hold" rating to a "buy" rating and set a $323.00 price target on the stock in a report on Wednesday, March 5th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $307.86.
Check Out Our Latest Report on CB
About Representative Whitesides
George Whitesides (Democratic Party) is a member of the U.S. House, representing California's 27th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Whitesides (Democratic Party) ran for election to the U.S. House to represent California's 27th Congressional District. He won in the general election on November 5, 2024.
George Whitesides earned a bachelor's degree in public and international affairs from Princeton University in 1996 and a master's degree in remote sensing and GIS from the University of Cambridge in 2000. His career experience includes working as the chief of staff for NASA during the administration of President Barack Obama (D) and the CEO of human spaceflight company Virgin Galactic. Whitesides co-founded Megafire Action, an organization dedicated to responding to wildfires. Whitesides co-chaired the Antelope Valley Covid-19 Task Force and joined the Antelope Valley Economic Development and Growth Enterprise (AV EDGE) as a board member.
Chubb Company Profile
(
Get Free Report)
Chubb Limited provides insurance and reinsurance products worldwide. The company's North America Commercial P&C Insurance segment offers commercial property, casualty, workers' compensation, package policies, risk management, financial lines, marine, construction, environmental, medical risk, cyber risk, surety, and casualty; and group accident and health insurance to large, middle market, and small commercial businesses.
Further Reading
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