Harmer Peter Sells 100,000 Shares of Insurance Australia Group Ltd (ASX:IAG) Stock
Insurance Australia Group Ltd (ASX:IAG) insider Harmer Peter sold 100,000 shares of the stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of A$7.93 ($5.62), for a total transaction of A$792,500.00 ($562,056.74).
Harmer Peter also recently made the following trade(s):
- On Friday, November 1st, Harmer Peter sold 100,000 shares of Insurance Australia Group stock. The stock was sold at an average price of A$7.91 ($5.61), for a total transaction of A$790,700.00 ($560,780.14).
Shares of ASX:IAG traded down A$0.01 ($0.01) during midday trading on Monday, reaching A$7.86 ($5.57). 5,076,613 shares of the company’s stock were exchanged, compared to its average volume of 6,770,000. The company’s 50 day simple moving average is A$7.89 and its two-hundred day simple moving average is A$7.99. The firm has a market capitalization of $18.19 billion and a PE ratio of 17.62. Insurance Australia Group Ltd has a 12 month low of A$6.53 ($4.63) and a 12 month high of A$8.74 ($6.20). The company has a debt-to-equity ratio of 29.91, a quick ratio of 0.40 and a current ratio of 0.84.
Insurance Australia Group Limited underwrites general insurance products. The company operates through Australia, New Zealand, and Corporate and Other segments. It offers consumer insurance products, such as motor vehicle, home and contents, lifestyle and leisure, and compulsory third party, as well as travel insurance, life insurance, and income protection products; and business insurance products, including business package, farm and crop, commercial property, construction and engineering, commercial and fleet motor, marine, workers' compensation, professional indemnity, directors' and officers', and public and products liability.
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