Employers (NYSE:EIG) Insider Sells $196,450.00 in Stock

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Ann Marie Smith, a director at Employers (NYSE:EIG), sold 5,000 shares of the company’s stock for $196,450, reducing her stake by 36.49%. This comes amidst mixed earnings results where the company beat EPS estimates but missed revenue expectations, with revenue falling 21.3% year-over-year. Concerns about dividend sustainability were also highlighted due to an elevated payout ratio of 387.88%.

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