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

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21 hours ago
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On November 29, 2024, Jeffrey Farber, Executive Vice President of The Hanover Insurance Group Inc (THG, Financial), sold 6,987 shares of the company. Following this transaction, the insider now owns 42,090.594 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. 1863735590034501632.png Over the past year, Jeffrey Farber has sold a total of 48,000 shares and has not purchased any shares. The insider transaction history for The Hanover Insurance Group Inc shows that there have been no insider buys in total over the past year, while there have been 18 insider sells during the same period. 1863735638315134976.png On the day of the recent sale, shares of The Hanover Insurance Group Inc were trading at $165.27, giving the stock a market cap of $5.856 billion. The company's price-earnings ratio is 16.12, which is higher than the industry median of 11.615 and also higher than the company’s historical median price-earnings ratio. With a price of $165.27 and a GuruFocus Value of $145.38, The Hanover Insurance Group Inc has a price-to-GF-Value ratio of 1.14, 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.

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