Richard Bielen Sells Shares of ProAssurance Corporation

Richard Bielen, an insider at ProAssurance Corporation, sold 10,621 shares of the company's stock on June 26, 2026. The transaction was executed at an average price of $25 per share, amounting to a total value of $265,525. This sale was not part of a pre-arranged trading plan.

Other Institutional Activity in ProAssurance Corporation

Several institutional investors have recently adjusted their holdings in ProAssurance Corporation. Vanguard Portfolio Management LLC opened a new position, acquiring 2,781,007 shares valued at approximately $68.7 million. Similarly, Vanguard Capital Management LLC also initiated a position with 2,240,875 shares worth about $55.4 million. On the other hand, Magnetar Financial LLC reduced its stake by 238,128 shares, leaving it with 3,246,435 shares valued at $80.3 million. AllianceBernstein L.P. increased its holdings by 124,102 shares to 2,034,155 shares, valued at approximately $49.1 million.

ProAssurance Corporation Stock Holds Steady

Shares of NYSE:PRA traded near $25 on Saturday. ProAssurance Corporation has a market capitalization of around $1.29 billion and a P/E ratio of 19.8. The company's stock has experienced a 52-week range between $22.79 and $25.02. It maintains a 50-day moving average of $24.60 and a 200-day moving average of $24.30. ProAssurance has a beta of 0.038, illustrating its low volatility compared to the market.

Recent Earnings

ProAssurance Corporation reported revenue of $1.09 billion, although it saw a revenue decline of 4.9%. The company achieved a net margin of 5.95% and a return on equity of 5.07%. Its earnings per share stood at $1.26. The next earnings report is scheduled for August 4, 2026.

Insider Buying and Selling at ProAssurance Corporation

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

Analysts Set New Price Targets

On May 8, 2025, Piper Sandler maintained its hold rating on ProAssurance Corporation with a price target of $25. Citizens Capital Markets reiterated its buy rating with a target of $20 on February 25, 2025. Truist Securities also maintained a hold rating, setting a target of $18 on November 14, 2024. Overall, the consensus target price remains at $25, with two analysts providing opinions.

About ProAssurance Corporation

ProAssurance Corporation, based in Birmingham, Alabama, offers property and casualty insurance and reinsurance products across the United States. The company operates through several segments, including Specialty Property and Casualty, Workers' Compensation Insurance, and Segregated Portfolio Cell Reinsurance. It provides a range of insurance products to healthcare providers, attorneys, and medical technology firms, among others. ProAssurance was founded in 1976 and employs approximately 972 people.

Bottom Line

Richard Bielen's recent sale of ProAssurance shares highlights ongoing insider activity in the company. Investors often track these insider transactions for insights into how company executives view the firm's prospects. It's important to remember that these transactions are reported after they occur and may not reflect current positions.