Richard Bielen Sells 10,621 Shares of PRA

On June 26, 2026, Richard Bielen sold 10,621 shares of PRA at a price of $25 each, totaling $265,525. This transaction was not part of a pre-planned trading program.

Other Institutional Activity in PRA

Institutional investors have been making moves in PRA. BlackRock, Inc. reduced its holdings by 9,395 shares, leaving it with 7,278,352 shares valued at approximately $179.9 million. Magnetar Financial LLC also trimmed its position by 238,128 shares, bringing its total to 3,246,435 shares worth about $80.3 million, a 6.8% decrease. Meanwhile, Vanguard Portfolio Management LLC and Vanguard Capital Management LLC both opened new positions, with holdings of 2,781,007 shares and 2,240,875 shares, respectively. AllianceBernstein L.P. increased its stake by 124,102 shares to a total of 2,034,155 shares, valued at around $49.1 million, marking a 6.5% increase. State Street Corp added 40,078 shares, ending with 1,901,188 shares worth approximately $47 million, a 2.2% increase.

ProAssurance Corporation Stock Holds Steady

PRA shares traded near $25 on Friday. The stock has been experiencing some fluctuations, with a 52-week low of $20 and a high of $30. Its 50-day moving average is $24 and the 200-day moving average stands at $26. Investors are keeping a close eye on these metrics as they assess the company's market performance.

Insider Buying and Selling at ProAssurance Corporation

On June 26, 2026, several insiders at PRA made stock transactions. Angiolillo Bruce sold 35,652 shares at $25 each, while Jeffrey Patton Lisenby, the Executive Vice-President, sold 43,184 shares. Edward Lewis Jr. Rand, the President & CEO, sold 172,908 shares. Noreen Dishart, the Executive VP/Chief HR Officer, sold 27,868 shares at an average price of $24.47. Scott Syphax sold 25,184 shares, and Dana Hendricks, the Chief Financial Officer, sold 45,392 shares at $25 each.

Analysts Set New Price Targets

Analysts have been revisiting their ratings and price targets for PRA. On May 8, 2025, Piper Sandler maintained a 'hold' rating with a $25 price target. Earlier, on February 25, 2025, Citizens Capital Markets reiterated a 'buy' rating with a $20 target. Truist Securities has maintained a 'hold' rating with an $18 target since November 14, 2024. JMP Securities also maintained a 'buy' rating with a $20 target on July 17, 2024.

Bottom Line

Richard Bielen's recent stock sale is part of a broader trend of activity among PRA insiders and institutional investors. While insider sales can raise questions, they are not necessarily indicative of a negative outlook. Investors often track such moves for insights into management's view on the company's future. It's important to remember that these actions are historical and may not reflect current positions.