Hartford insurance group CEO sells $12,000 in stock

Christopher Swift, Chairman and CEO of Hartford Insurance Group Inc. (NYSE:HIG), a $33.35 billion market cap insurance leader with a strong financial health rating according to InvestingPro, recently executed a transaction involving the sale of company stock. On March 4, 2025, Swift sold 100 shares of common stock at a price of $120 per share, totaling $12,000. This transaction was conducted under a pre-established trading plan in compliance with Rule 10b5-1 of the Securities Exchange Act of 1934.

In addition to the sale, Swift acquired 100 shares through stock option exercises at a price of $43.59 per share, totaling $4,359. After these transactions, Swift holds 211,081.948 shares directly, with additional shares held indirectly through family trusts and by his spouse.

These transactions provide insight into the executive’s current holdings and trading activities, offering a glimpse into his financial strategies and confidence in the company’s prospects. Trading at an attractive P/E ratio of 11.1, Hartford Insurance Group shows strong fundamentals. For deeper insights into HIG’s valuation and growth potential, including exclusive ProTips and comprehensive financial analysis, visit InvestingPro.

In other recent news, Hartford Financial Services Group reported a strong performance in its fourth-quarter 2024 earnings, with earnings per share (EPS) of $2.94, surpassing analyst expectations of $2.67. However, the company’s revenue slightly missed forecasts, coming in at $6.89 billion against the anticipated $6.91 billion. Despite the earnings beat, Jefferies adjusted its price target for Hartford Financial from $121 to $118, maintaining a Hold rating on the stock. The revision followed Hartford’s earnings announcement, which highlighted adverse reserve developments and near-term pressures from catastrophic events like the California wildfires.

Hartford Financial’s Commercial Lines segment significantly contributed to its performance, generating core earnings of $665 million. The company also achieved a record $5.5 billion in written premiums in the small commercial segment for the year. Analysts from Jefferies noted the positive commercial growth trends but expressed caution due to moderating Group Benefits margins and flat Commercial margins. Hartford’s management remains confident in their strategic actions and reserve adequacy, emphasizing continued investment in technology and disciplined underwriting.

The company’s strategic focus on pricing and risk management is expected to help navigate market challenges, with projections of higher net investment income and modest sales increases in its Group Benefits segment. Despite the revenue shortfall, Hartford Financial’s core earnings return on equity (ROE) for the full year stood at an impressive 16.7%. As the market processes these developments, Hartford Financial’s stock will continue to be evaluated in light of industry dynamics and company-specific factors.

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