MetLife Executive Vice President Cashes Out Stock Worth Over $215K
December 31, 2022
Trending News ☀️
Metlife Intrinsic Value – METLIFE ($NYSE:MET): MetLife, Inc. is a global insurer and financial services company offering life insurance, annuities, employee benefits and asset management. Mr. Wheeler’s sale of MetLife stock is just one of many recent transactions involving company executives. Other executive officers have also cashed out their stock in recent months, with some executives selling over $1 million worth of stock in a single transaction. The recent move by Mr. Wheeler is likely a sign of confidence in the company’s future performance and prospects.
By cashing out a large amount of his holdings in the company, he is indicating that he expects the stock to be profitable in the future. This may be an indication that MetLife will continue to perform well in the coming months and years, which could be good news for long-term investors. It indicates that the company is performing well and that there may be more gains ahead for investors who are willing to hold onto their stocks for the long-term.
Market Price
On Tuesday, METLIFE stock opened at $72.4 and closed at $72.3, up by 0.1% from last closing price of 72.3. This allowed METLIFE’s Executive Vice President, Jonathan E. Chadima, to cash out stock worth over $215K. This sale comes as an addition to Chadima’s other recent sales of METLIFE stock. The sales by Chadima have been part of a larger trend of METLIFE executives cashing out their stock.
Overall, it appears that METLIFE executives have been taking advantage of the company’s stock prices to cash out their own holdings. With the stock prices increasing slightly on Tuesday, it was a great opportunity for Chadima to make the most out of his investment. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Metlife. More…
| Total Revenues | Net Income | Net Margin |
| 72.75k | 2.22k | 3.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Metlife. More…
| Operations | Investing | Financing |
| 15.24k | -11.19k | -1.38k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Metlife. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 650.1k | 624.77k | 46.52 |
Key Ratios Snapshot
Some of the financial key ratios for Metlife are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 2.2% | – | 4.6% |
| FCF Margin | ROE | ROA |
| 20.9% | 6.7% | 0.3% |
VI Analysis – Metlife Intrinsic Value Calculator
As per the analysis done by the VI app, the fair value of METLIFE stock is estimated to be around $56.9. The current trading price of the stock is around $72.3, making it overvalued by 27%. Thus, investors should be cautious while investing in METLIFE as the current price is not consistent with its fundamental strength. The company offers a wide range of insurance and annuity products and services, including life insurance, disability income insurance, dental insurance, and other related products and services. In addition, METLIFE also provides retirement plans and other employee benefits solutions. The company serves individual customers, small businesses, and large corporations. METLIFE has a strong presence in the US, Europe, Asia Pacific, Latin America, and the Middle East. Going forward, the company is expected to continue to benefit from its steady performance and maintain its position as a leader in the insurance industry. More…
VI Peers
In the insurance industry, MetLife Inc faces competition from Prudential Financial Inc, Great-West Lifeco Inc, Reinsurance Group of America Inc. All of these companies are in the business of providing life insurance and related products to individuals and businesses. MetLife has a diversified product mix that includes life, disability, long-term care, and annuities, among others. Prudential is focused on life insurance and annuities, while Great-West Lifeco and Reinsurance Group of America focus primarily on life insurance.
– Prudential Financial Inc ($NYSE:PRU)
Prudential Financial Inc. is an American multinational financial services company. It offers a variety of financial products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services. As of 2022, it has a market cap of $35.87 billion.
Prudential was founded in 1875 and is headquartered in Newark, New Jersey. It has operations in the United States, Asia, Europe, and Latin America. The company serves individual and institutional customers through its various businesses. These businesses include life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services.
– Great-West Lifeco Inc ($TSX:GWO)
Great-West Lifeco Inc is a financial services holding company with operations in the United States, Canada, Europe and Asia. The Company’s segments include Great-West Life & Annuity Insurance Company (GWL&A), London Life Insurance Company (London Life), Canada Life Insurance Company (Canada Life), Irish Life Group Limited (Irish Life) and Putnam Investments LLC (Putnam).
– Reinsurance Group of America Inc ($NYSE:RGA)
Reinsurance Group of America, Incorporated is a holding company, which engages in the provision of life reinsurance, financial services, and asset management solutions. It operates through the following segments: Traditional Life Reinsurance, Asset Intensive Life Reinsurance, Group Reinsurance, and Financial Solutions. The company was founded in 1973 and is headquartered in Chesterfield, MO.
Summary
METLIFE is a major financial services provider, and its stock has seen a rise in value over the past several months. An executive vice president of the company recently sold off over $215K worth of the company’s stock, indicating that the executive believes the stock is at a high point and may soon decline. Investors should consider the current market conditions and use caution when making decisions about investing in METLIFE. As with any investment, it is important to do research and properly assess risk before investing.
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