Insider transactions
Mojgan M. Lefebvre, Executive Vice President and Chief Technology & Operations Officer at Travelers Companies Inc (NYSE:TRV), executed multiple equity transactions on February 19, 2026.
On that date Ms. Lefebvre sold 5,826.654 shares of common stock at a weighted average price of $298.2527, with trade prices spanning $298.25 to $298.32. The reported proceeds from that block totaled $1,737,815.
Also recorded on February 19, 2026, Ms. Lefebvre acquired 12,008.654 shares of common stock that carry a reported value of $0. These shares were delivered upon achievement of performance objectives under performance share rights granted in 2023.
In an additional transaction, 6,182 shares were disposed of at $298.46 per share, generating proceeds of $1,845,079.
Valuation snapshot and recent market performance
Current analysis indicates that TRV appears slightly overvalued relative to its Fair Value. Over the last 12 months the stock has returned 29% and is trading at a price-to-earnings ratio of 11.04.
Company results and analyst reactions
Travelers reported results that exceeded expectations on key measures, including stronger-than-expected earnings and underlying margin performance. Management raised guidance for business insurance and net investment income following the quarter.
Brokerage firms responded with differing assessments. Raymond James increased its price target to $330 and maintained a Strong Buy rating, citing higher earnings-per-share estimates for 2026 and 2027. Jefferies lowered its price target to $305 but kept a Hold rating, signaling a mixed outlook despite the strong quarter. UBS stayed Neutral with a $290 target and noted the company’s robust performance and share repurchases that outpaced expectations. Mizuho adjusted its price target to $304, attributing the change to industry multiple compression while modestly raising earnings estimates for the coming years.
Corporate governance update
Director Laurie J. Thomsen has announced she will not stand for re-election at the 2026 annual meeting. The company reported her decision was not the result of any disagreement with management or the board.
Context and limitations
The transaction details, valuation indicators and analyst actions above reflect published figures and announced decisions. Where information is limited, the article reports only the facts disclosed in company filings and brokerage releases.
Summary takeaway
The combination of material insider sales and the issuance of performance-based shares, paired with a quarter that beat expectations and produced divergent analyst reactions, gives investors multiple data points to weigh when assessing Travelers’ near-term outlook and valuation.