Insurance Australia Group Ltd (ASX:IAG) insider Harmer Peter sold 100,000 shares of the company’s stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of A$7.91 ($5.61), for a total value of A$790,700.00 ($560,780.14).
Harmer Peter also recently made the following trade(s):
- On Tuesday, November 5th, Harmer Peter sold 100,000 shares of Insurance Australia Group stock. The stock was sold at an average price of A$7.93 ($5.62), for a total value of A$792,500.00 ($562,056.74).
- On Friday, October 18th, Harmer Peter purchased 180,659 shares of Insurance Australia Group stock. The shares were bought at an average price of A$7.95 ($5.63) per share, with a total value of A$1,435,335.76 ($1,017,968.62).
ASX:IAG opened at A$7.68 ($5.45) on Tuesday. The stock has a fifty day moving average price of A$7.89 and a two-hundred day moving average price of A$8.01. The stock has a market capitalization of $18.21 billion and a price-to-earnings ratio of 17.22. 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 Ltd has a 1 year low of A$6.53 ($4.63) and a 1 year high of A$8.74 ($6.20).
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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