Employers Holdings EVP Unloads $566,000 in Stock (EIG)
Employers Holdings (NYSE:EIG) EVP Ann Nelson sold 20,000 shares of the stock in a transaction dated Monday, September 9th. The shares were sold at an average price of $28.30, for a total transaction of $566,000.00. Following the completion of the transaction, the executive vice president now directly owns 24,499 shares of the company’s stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.
Several analysts have recently commented on the stock. Analysts at Zacks upgraded shares of Employers Holdings (NYSE:EIG) from a “neutral” rating to an “outperform” rating in a research note to investors on Monday, August 12th. They now have a $30.30 price target on the stock.
Shares of Employers Holdings (NYSE:EIG) traded down 0.32% during mid-day trading on Tuesday, hitting $28.41. 358,326 shares of the company’s stock traded hands. Employers Holdings has a one year low of $17.50 and a one year high of $29.18. The stock has a 50-day moving average of $27.15 and a 200-day moving average of $24.56. The company has a market cap of $880.8 million and a price-to-earnings ratio of 7.59.
Employers Holdings (NYSE:EIG) last released its earnings data on Wednesday, August 7th. The company reported $0.31 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.14 by $0.17. The company had revenue of $181.60 million for the quarter, compared to the consensus estimate of $172.20 million. On average, analysts predict that Employers Holdings will post $0.83 earnings per share for the current fiscal year.
Employers Holdings, Inc (NYSE:EIG) is a holding company.
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