New insider activity at Chubb ( (CB) ) has taken place on March 22, 2025.
Joseph Wayland, the Executive Vice President, has recently sold 12,231 shares of Chubb stock, amounting to a substantial transaction worth $3,605,943.
Recent Updates on CB stock
In recent developments, Chubb has seen significant activity influencing its stock outlook. HSBC upgraded Chubb to a Buy rating, citing strategic acquisitions and a strong market position as key drivers. Chubb announced plans to acquire Liberty Mutual’s insurance businesses in Thailand and Vietnam, which are expected to enhance its portfolio and distribution capabilities. Additionally, Chubb’s Board of Directors proposed an increase in the quarterly dividend, reflecting confidence in the company’s financial health. These strategic moves, along with robust growth highlighted in recent earnings, have contributed to positive sentiment and adjustments in price targets.
More about Chubb
YTD Price Performance: 7.56%
Average Trading Volume: 1,729,261
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $118.4B