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Evan Greenberg, Chairman and CEO of Chubb Ltd (NYSE:CB), recently sold a significant portion of his holdings in the company. According to a recent SEC filing, Greenberg sold a total of 25,728 common shares on March 11, 2025, generating approximately $7.5 million. The shares were sold within a price range of $291.26 to $292.26. The sale occurred near the stock’s current trading level of $284, with Chubb showing strong momentum with a 10.6% return over the past year. InvestingPro analysis indicates the company is fairly valued, with an overall Financial Health score rated as "GREAT."
Following these transactions, Greenberg retains direct ownership of 584,395 shares. Additionally, he holds indirect ownership of 41,700 shares through family trusts. These sales are part of routine financial management by executives and do not necessarily indicate any change in the company’s outlook. With a market capitalization of $109.5 billion and strong analyst support, Chubb maintains its position as a leading insurer. Get deeper insights into insider trading patterns and access comprehensive analysis with a InvestingPro subscription, which includes exclusive ProTips and detailed financial metrics for over 1,400 US stocks.
In other recent news, Chubb Limited has announced a share capital reduction following the cancellation of 7,518,565 treasury shares, leading to a decrease in its registered shares. This move aligns with the company’s capital management strategy, as approved by shareholders during the 2024 annual meeting. In the realm of acquisitions, Chubb is set to acquire Liberty Mutual’s property and casualty insurance operations in Thailand and Vietnam, subject to regulatory approvals, with the transactions expected to complete by late 2025 to early 2026.
On the analyst front, HSBC upgraded Chubb’s stock from Hold to Buy, increasing the price target to $323, citing the company’s strong combined ratio performance and strategic growth in the reinsurance sector. Evercore ISI maintained its Outperform rating, emphasizing Chubb’s robust reserves and highlighting the slower depletion rate compared to pre-COVID-19 averages. The company has also implemented a leadership reshuffle, appointing Ana Robic as the new Regional President for Europe, Middle East, and Africa, and Melissa Scheffler as Division President of Personal Risk Services in North America.
These strategic changes and analyst insights reflect Chubb’s ongoing efforts to strengthen its market position and operational efficiency.
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