Travelers Companies reported strong earnings and a higher dividend, but faced share sales by Wealthstar and its CEO.

Wealthstar Advisors LLC reduced its holdings in Travelers Companies, Inc. by 7.2%, selling 108 shares in Q1, while Sequoia Financial Advisors LLC increased its holdings by 3.3%. Travelers reported an EPS of $1.91, significantly above estimates, and announced a quarterly dividend of $1.10 per share. The company's CEO, Alan D. Schnitzer, sold 35,456 shares, decreasing his ownership by 11.91%. The stock is forecast to post an EPS of 17.02 for the year.