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Chubb Ltd (NYSE:CB) Executive Vice President and General Counsel, Wayland Joseph F, has recently sold a significant portion of the company’s common shares. According to a recent filing, Wayland sold 5,261 shares on June 4, 2025, at a price of $293.16 per share. This transaction amounts to a total value of approximately $1.54 million. The sale occurred near current trading levels of $293.62, with the stock showing a solid 5.84% gain year-to-date. According to InvestingPro analysis, Chubb appears slightly undervalued based on its Fair Value metrics.
Following this transaction, Wayland retains ownership of 66,567.354 shares of Chubb Ltd, held directly. The sale was executed in compliance with regulatory requirements, and the details were disclosed in a timely manner. The $117.6B market cap insurer maintains a GREAT financial health score of 3.11 on InvestingPro, which offers comprehensive insider trading analysis and over 30 premium financial metrics for deeper investment research.
In other recent news, Chubb Limited reported several key developments impacting the company and its investors. The company announced a 6.6% increase in its annual dividend, raising it to $3.88 per share, marking the 32nd consecutive year of dividend hikes. Additionally, Chubb’s Board of Directors authorized a new $5 billion share repurchase program, set to begin on July 1, 2025. At the Annual General Meeting, shareholders approved the renewal of the company’s capital band, allowing the Board to adjust share capital by up to 20% until May 2026.
In terms of leadership changes, Tim Boroughs was appointed Vice Chairman, and Chris Hogan was promoted to Chief Investment Officer. Analyst activity included Deutsche Bank (ETR:DBKGn) downgrading Chubb from Buy to Hold with a revised price target of $303, citing concerns over the insurance pricing cycle and potential challenges in Chubb’s North American Commercial business. Meanwhile, Keefe, Bruyette & Woods adjusted Chubb’s price target to $314 but maintained an Outperform rating, expressing confidence in Chubb’s growth prospects despite anticipated slower growth in investment income and increased expense ratios. These developments reflect ongoing strategic adjustments and market evaluations impacting Chubb Limited.
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