Insider Sale: SVP & Chief Investment Officer Richard Scott Sells 9,045 Shares of Loews Corp (L)

GuruFocus.com05-23

On May 21, 2024, Richard Scott, the Senior Vice President & Chief Investment Officer of Loews Corp (NYSE:L), sold 9,045 shares of the company. The transaction was executed at a price of $76.34 per ...

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The transaction was executed at a price of $76.34 per ...</p>\n\n<a href=\"https://finance.yahoo.com/news/insider-sale-svp-chief-investment-230659136.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Insider Sale: SVP & Chief Investment Officer Richard Scott Sells 9,045 Shares of Loews Corp (L)</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nInsider Sale: SVP & Chief Investment Officer Richard Scott Sells 9,045 Shares of Loews Corp (L)\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-05-23 07:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/insider-sale-svp-chief-investment-230659136.html><strong>GuruFocus.com</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>On May 21, 2024, Richard Scott, the Senior Vice President & Chief Investment Officer of Loews Corp (NYSE:L), sold 9,045 shares of the company. The transaction was executed at a price of $76.34 per ...</p>\n\n<a href=\"https://finance.yahoo.com/news/insider-sale-svp-chief-investment-230659136.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4585","symbol_name":"ETF&股票定投概念","start_time":0,"source_url":"https://finance.yahoo.com/news/insider-sale-svp-chief-investment-230659136.html","article_id":"2437238232","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/zGotXgp4K2i1ZX3D79hWtA--~B/aD01NDM7dz0xMjQyO2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/us.finance.gurufocus/eb807cd251a6c75e50ecd3fcb79aea43"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2437238232","pubTimestamp":1716419219,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"On May 21, 2024, Richard Scott, the Senior Vice President & Chief Investment Officer of Loews Corp , sold 9,045 shares of the company. The transaction was executed at a price of $76.34 per share, resulting in a total sale amount of $690,625.30. Details of the sale can be found in the SEC Filing.GuruFocus has detected 7 Warning Signs with TSLX.Loews Corp  operates as a diversified company with businesses in the insurance, energy, hospitality, and packaging industries. The company's subsidiaries include CNA Financial Corporation, Boardwalk Pipeline Partners, LP, Loews Hotels Holding Corporation, and Altium Packaging.Over the past year, the insider has sold a total of 24,440 shares of Loews Corp and has not made any purchases. This recent sale is part of a broader trend observed over the past year, where there have been 34 insider sells and only 2 insider buys within the company.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4585":"ETF&股票定投概念","BK4107":"财产与意外伤害保险","L":"洛斯公司","BK4588":"碎股","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元"},"translate_title":"内幕交易：SVP&首席投资官Richard Scott出售9,045股Loews Corp(L)股票","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"L":1},"content_text":"On May 21, 2024, Richard Scott, the Senior Vice President & Chief Investment Officer of Loews Corp (NYSE:L), sold 9,045 shares of the company. The transaction was executed at a price of $76.34 per share, resulting in a total sale amount of $690,625.30. Details of the sale can be found in the SEC Filing.\n\nWarning! GuruFocus has detected 7 Warning Signs with TSLX.\n\nLoews Corp (NYSE:L) operates as a diversified company with businesses in the insurance, energy, hospitality, and packaging industries. The company's subsidiaries include CNA Financial Corporation, Boardwalk Pipeline Partners, LP, Loews Hotels Holding Corporation, and Altium Packaging.\nOver the past year, the insider has sold a total of 24,440 shares of Loews Corp and has not made any purchases. This recent sale is part of a broader trend observed over the past year, where there have been 34 insider sells and only 2 insider buys within the company.\n\nOn the valuation front, Loews Corp was trading at $76.34 on the day of the sale, giving the company a market cap of approximately $16.80 billion. The price-earnings ratio of the stock stands at 11.28, which is below both the industry median of 11.74 and the company's historical median.\nThe stock's GF Value is estimated at $77.93, indicating that it is Fairly Valued with a price-to-GF-Value ratio of 0.98. The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates.\n\nThis insider sale might interest investors tracking insider behaviors as an indicator of the company's future performance or stock valuation adjustments. However, it is essential to consider broader market conditions and more comprehensive financial analysis when interpreting insider transactions.\nThis article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.This article first appeared on \nGuruFocus.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.0","shortVersion":"4.24.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2437238232"}