Employers (EIG) Getting Positive Press Coverage, Report Shows

News coverage about Employers (NYSE:EIG) has trended positive on Wednesday, according to Accern Sentiment. The research firm identifies positive and negative news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Employers earned a media sentiment score of 0.28 on Accern’s scale. Accern also gave media headlines about the financial services provider an impact score of 45.6170150758867 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

These are some of the news stories that may have effected Accern Sentiment’s scoring:

EIG has been the subject of a number of research analyst reports. SunTrust Banks reiterated a “buy” rating and issued a $53.00 price target on shares of Employers in a report on Friday, October 27th. Zacks Investment Research upgraded shares of Employers from a “hold” rating to a “buy” rating and set a $53.00 target price for the company in a report on Monday, October 30th. Finally, ValuEngine downgraded shares of Employers from a “strong-buy” rating to a “buy” rating in a report on Friday, December 1st. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $46.00.

Employers (EIG) opened at $40.55 on Wednesday. Employers has a twelve month low of $35.90 and a twelve month high of $50.45. The firm has a market cap of $1,316.68, a PE ratio of 12.71 and a beta of 1.05.

In other Employers news, CEO Douglas D. Dirks sold 58,300 shares of the firm’s stock in a transaction dated Wednesday, November 29th. The shares were sold at an average price of $49.55, for a total transaction of $2,888,765.00. Following the completion of the transaction, the chief executive officer now directly owns 331,145 shares in the company, valued at approximately $16,408,234.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP John P. Nelson sold 9,825 shares of the firm’s stock in a transaction dated Wednesday, December 20th. The shares were sold at an average price of $45.68, for a total transaction of $448,806.00. Following the transaction, the executive vice president now owns 23,802 shares of the company’s stock, valued at $1,087,275.36. The disclosure for this sale can be found here. Insiders have sold a total of 91,204 shares of company stock valued at $4,381,909 over the last 90 days. 3.50% of the stock is currently owned by insiders.

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About Employers

Employers Holdings, Inc is a holding company. Through its insurance subsidiaries, the Company provides workers’ compensation insurance coverage to select, small businesses in low to medium hazard industries. It provides workers’ compensation insurance under a statutory system wherein employers are required to provide coverage for their employees’ medical, disability, vocational rehabilitation, and/or death benefit costs for work-related injuries or illnesses.

Insider Buying and Selling by Quarter for Employers (NYSE:EIG)

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