Fabiloa Cobarrubias Sells Shares of ProAssurance Corporation

Fabiloa Cobarrubias sold 25,184 shares of ProAssurance Corporation (NYSE: PRA) on June 26, 2026. The shares were sold at an average price of $25.00 each, bringing the total transaction value to $629,600. This sale was not part of a pre-arranged 10b5-1 trading plan.

Other Institutional Activity in ProAssurance

Several institutional investors have recently adjusted their positions in ProAssurance. BlackRock, Inc. reduced its holdings by 9,395 shares, leaving it with 7,278,352 shares valued at approximately $179.9 million, a slight 0.1% decrease. Magnetar Financial LLC decreased its stake by 238,128 shares, resulting in a 6.8% reduction and ending with 3,246,435 shares worth about $80.3 million. Meanwhile, Vanguard Portfolio Management LLC and Vanguard Capital Management LLC both opened new positions with 2,781,007 and 2,240,875 shares, respectively, valued at $68.7 million and $55.4 million. AllianceBernstein L.P. increased its holdings by 124,102 shares, a 6.5% rise to 2,034,155 shares valued at $49.1 million. State Street Corp also boosted its position by 40,078 shares, a 2.2% increase, totaling 1,901,188 shares worth $47.0 million.

ProAssurance Corporation Stock Holds Steady

As of Saturday, ProAssurance Corporation's stock traded near $25.00. The company, with a market capitalization of approximately $1.29 billion, has a P/E ratio of 19.84 and a forward P/E of 20.0. It has a beta of 0.038, indicating low volatility compared to the market. The stock's 52-week range is between $22.79 and $25.02, with a 50-day moving average of $24.60 and a 200-day moving average of $24.30.

Recent Earnings

ProAssurance reported revenue of $1.10 billion, though it saw a slight decline with a revenue growth rate of -4.9%. The company's net margin stands at 5.95%, and it has a return on equity (ROE) of 5.07%. The next earnings release is scheduled for August 4, 2026.

Insider Buying and Selling at ProAssurance Corporation

On June 26, 2026, several insiders sold shares of ProAssurance. Bruce Angiolillo sold 35,652 shares, while Jeffrey Patton Lisenby, Executive Vice-President, sold 43,184 shares. President & CEO Edward Lewis Rand Jr. sold 172,908 shares, and Noreen Dishart, 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, Chief Financial Officer, sold 45,392 shares, all at $25.00 per share.

Analysts Set New Price Targets

On May 8, 2025, Piper Sandler maintained its hold rating on ProAssurance with a price target of $25.00. Earlier, on February 25, 2025, Citizens Capital Markets reiterated a buy rating with a target of $20.00. The consensus among analysts is a hold recommendation, with an average target price of $25.00 based on two analyst opinions.

About ProAssurance Corporation

ProAssurance Corporation, headquartered in Birmingham, Alabama, provides property and casualty insurance and reinsurance products in the United States. The company operates through several segments, including Specialty Property and Casualty, Workers' Compensation Insurance, and Segregated Portfolio Cell Reinsurance. ProAssurance offers professional liability insurance to healthcare providers and attorneys, medical technology liability insurance, and custom risk solutions. Founded in 1976, it employs around 972 people.

Bottom Line

Fabiloa Cobarrubias's recent sale of ProAssurance shares is part of a broader pattern of insider transactions at the company. Investors closely watch these moves for potential insights into the company's future. It's important to note that insider sales do not necessarily indicate negative prospects. As with all 13F filings and insider transactions, this information reflects past activities and may not represent current or future positions.