Richard Lavey Buys Shares of THG
Richard Lavey, THG's Executive Vice President, purchased 28 shares on June 26, 2026.
Key Points
- Richard Lavey, Executive Vice President at THG, purchased 28 shares on June 26, 2026.
- Shares of THG traded at $214.54 on Wednesday, with peers like BlackRock increasing their holdings.
- Analysts maintained varied ratings, with Piper Sandler setting a $220.00 price target.
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Richard Lavey, Executive Vice President at THG, acquired 28 shares of the company on June 26, 2026. This insider buy was not part of a pre-arranged trading plan. The shares of THG traded at $214.54 on Wednesday.
Other Institutional Activity in THG
In the latest activity among institutional investors, BlackRock, Inc. increased its holdings by 101,657 shares, resulting in a total of 3,681,166 shares valued at approximately $638.1 million. Vanguard Portfolio Management LLC opened a new position with 1,932,460 shares worth about $335.0 million. State Street Corp boosted its stake by 432,031 shares, now holding 1,631,422 shares valued at $282.8 million, marking a 36% increase. Price T Rowe Associates Inc. trimmed its position by 72,812 shares, ending with 1,384,142 shares valued at $239.9 million.
The Hanover Insurance Group, Inc. Stock Down 5.1%
Shares of THG traded near $214.54 on Wednesday. The company has a market cap of $11.3 billion and a beta of 0.77. The stock's 52-week range is between $185.00 and $245.00, and it has a 50-day moving average of $220.00 and a 200-day moving average of $210.00.
$THG stock price
Daily closing prices, year to date. Not investment advice.
Insider Buying and Selling at The Hanover Insurance Group, Inc.
On June 26, 2026, several insiders at THG made stock purchases. John Roche, President and CEO, acquired 122 shares. Other executives, including Paul Condrin, Elizabeth Ward, Jane Carlin, and William Donnell, each bought 4 shares. David John Lovely, Executive Vice President, added 11 shares to his holdings. These transactions were not part of any pre-arranged trading plans.
Analysts Set New Price Targets
On May 26, 2026, Piper Sandler maintained a buy rating on THG with a price target of $220.00. Oppenheimer also maintained a buy rating with the same target on May 21, 2026. Conversely, BMO Capital downgraded the stock to a hold with a $203.00 target on May 19, 2026. The consensus among analysts is a buy rating, with an average target price of $210.00.
About THG
THG operates in the insurance sector, providing a range of property and casualty insurance products. The company is headquartered in Worcester, Massachusetts, and is led by President and CEO John Roche. THG serves a diverse client base, offering coverage solutions tailored to individual and business needs.
Bottom Line
Richard Lavey's recent share purchase at THG adds to a series of insider buys, potentially signaling confidence in the company's prospects. Institutional investors have also shown interest, with notable increases in holdings. Analyst ratings remain mostly positive, with several firms maintaining buy recommendations. These insider and institutional activities are tracked to gauge market sentiment, but remember that insider transactions are disclosed after the fact and may not reflect current positions.
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