Insider Sell: Jeffrey Farber Sells Shares of The Hanover Insurance Group Inc (THG)

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Nov 21, 2024
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On November 18, 2024, Jeffrey Farber, Executive Vice President of The Hanover Insurance Group Inc (THG, Financial), sold 4,913 shares of the company. Following this transaction, the insider now owns 49,177.594 shares of the company. The transaction details can be found in the SEC Filing. The Hanover Insurance Group Inc (THG) is a holding company for several property and casualty insurance companies. The company provides a wide range of insurance products and services to individuals, families, and businesses through a select group of independent agents and brokers. 1859400052208988160.png Over the past year, Jeffrey Farber has sold a total of 40,913 shares and has not purchased any shares. The insider transaction history for The Hanover Insurance Group Inc indicates that there have been 0 insider buys and 16 insider sells over the past year. On the day of the recent sale, shares of The Hanover Insurance Group Inc were trading at $165.06, giving the stock a market cap of $5.848 billion. The company's price-earnings ratio is 16.10, which is higher than the industry median of 11.37 and also higher than the company’s historical median price-earnings ratio. 1859400100825165824.png With a price of $165.06 and a GF Value of $145.56, The Hanover Insurance Group Inc has a price-to-GF-Value ratio of 1.13, indicating that the stock is modestly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples, a GuruFocus adjustment factor, and future estimates of business performance from 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.

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