Chubb Limited (NYSE: CB) is -1.60% lower on its value in year-to-date trading and has touched a low of $238.85 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 $274.78 in the last trading session, with the day’s loss setting it -2.9%.
Currently trading at $271.88, the stock is 0.98% and -1.53% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.58 million and changing -1.06% at the moment leaves the stock -0.27% off its SMA200. CB registered 11.81% gain for a year compared to 6-month loss of -1.37%. The firm has a 50-day simple moving average (SMA 50) of $276.0992 and a 200-day simple moving average (SMA200) of $272.62854.
The stock witnessed a -1.28% gain in the last 1 month and extending the period to 3 months gives it a -5.33%, and is 1.94% up 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 2.66% over the week and 2.08% over the month.
Chubb Limited (CB) has around 40000 employees, a market worth around $109.59B and $55.98B in sales. Current P/E ratio is 11.97 and Fwd P/E is 10.61. Profit margin for the company is 16.56%. Distance from 52-week low is 13.83% and -9.99% from its 52-week high. The company has generated returns on investments over the last 12 months (11.38%).
with sales reaching $11.22B over the same period.The EPS is expected to shrink by -3.07% this year, but quarterly earnings will post 6.11% year-over-year. Quarterly sales are estimated to grow 6.01% in year-over-year returns.
Chubb Limited (CB) Top Institutional Holders
2328.0 institutions hold shares in Chubb Limited (CB), with institutional investors hold 90.72% of the company’s shares. The shares outstanding are 403.10M, and float is at 400.84M with Short Float at 0.65%. Institutions hold 84.10% 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).
