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Concurrent Investment Advisors LLC Grows Stake in Chubb Limited $CB
Concurrent Investment Advisors LLC significantly increased its stake in Chubb Limited ($CB) by 184% in the fourth quarter, now holding 67,846 shares valued at $21.18 million. This comes as Chubb surpassed Q1 earnings and revenue expectations ($6.82 EPS vs $6.58, $14.93B revenue vs $13.51B), yet analysts maintain a “Hold” consensus with an average price target of $348.71. Despite positive institutional investment, recent insider selling by the CEO and an EVP totaled approximately $14.9 million, with insiders now owning about 0.37% of the company.