Chubb Limited (NYSE: CB) is -1.65% lower on its value in year-to-date trading and has touched a low of $222.85 and a high of $302.05 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CB stock was last observed hovering at around $272.52 in the last trading session, with the day’s loss setting it -0.79%.
Currently trading at $271.73, the stock is -1.61% and -3.48% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.16 million and changing -0.29% at the moment leaves the stock 0.19% off its SMA200. CB registered 20.02% gain for a year compared to 6-month gain of 7.61%. The firm has a 50-day simple moving average (SMA 50) of $281.53 and a 200-day simple moving average (SMA200) of $271.2112.
The stock witnessed a -5.07% loss in the last 1 month and extending the period to 3 months gives it a -5.83%, and is -2.35% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.46% over the week and 1.52% over the month.
Chubb Limited (CB) has around 40000 employees, a market worth around $109.22B and $54.96B in sales. Current P/E ratio is 11.13 and Fwd P/E is 11.45. Profit margin for the company is 18.19%. Distance from 52-week low is 21.93% and -10.04% from its 52-week high. The company has generated returns on investments over the last 12 months (12.27%).
The EPS is expected to shrink by -2.71% this year.
Chubb Limited (CB) Top Institutional Holders
2318.0 institutions hold shares in Chubb Limited (CB), with institutional investors hold 90.95% of the company’s shares. The shares outstanding are 403.03M, and float is at 400.92M with Short Float at 0.70%. Institutions hold 84.31% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 38.68 million shares valued at $9.87 billion. The investor’s holdings represent 9.5351% of the CB Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 28.92 million shares valued at $7.38 billion to account for 7.1291 of the shares outstanding. The other top investors are BERKSHIRE HATHAWAY INC which holds 27.03 million shares representing 6.6641% and valued at over $6.9 billion, while STATE STREET CORP holds 4.4887 of the shares totaling 18.21 million with a market value of $4.66 billion.
Chubb Limited (CB) Insider Activity
The most recent transaction is an insider sale by GREENBERG EVAN G, the company’s Chairman & CEO. SEC filings show that GREENBERG EVAN G sold 30,318 shares of the company’s common stock on Sep 09 ’24 at a price of $289.60 per share for a total of $8.78 million. Following the sale, the insider now owns 0.55 million shares.
Chubb Limited disclosed in a document filed with the SEC on Sep 06 ’24 that GREENBERG EVAN G (Chairman & CEO) sold a total of 30,537 shares of the company’s common stock. The trade occurred on Sep 06 ’24 and was made at $287.25 per share for $8.77 million. Following the transaction, the insider now directly holds 0.58 million shares of the CB stock.
Still, SEC filings show that on Sep 06 ’24, GREENBERG EVAN G (Officer) Proposed Sale 50,958 shares at an average price of $287.09 for $14.63 million. The insider now directly holds shares of Chubb Limited (CB).
