On December 2, 2024, Walter Harris, a Director at Loews Corp (L, Financial), sold 1,146 shares of the company, according to a SEC Filing. Following this transaction, the insider now owns 22,906 shares of the company.
Loews Corp (L) is a diversified company with operations in insurance, energy, hospitality, and packaging. The company is involved in the management of a variety of businesses, including CNA Financial Corporation, Diamond Offshore Drilling, Boardwalk Pipeline Partners, Loews Hotels, and Altium Packaging.
Over the past year, Walter Harris has sold a total of 4,148 shares and has not purchased any shares. The insider transaction history for Loews Corp shows that there have been 1 insider buy and 38 insider sells over the same timeframe.
As of the date of the recent transaction, shares of Loews Corp were trading at $86.63, giving the stock a market cap of $18.621 billion. The company's price-earnings ratio is 11.43, which is lower than the industry median of 11.635 and also lower than the company’s historical median price-earnings ratio.
With a price of $86.63 and a GF Value of $83.49, Loews Corp has a price-to-GF-Value ratio of 1.04, indicating that the stock is fairly valued 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.
