Francis Robert David Sells 31,196 PRA Shares for $779,900
On June 26, 2026, Francis Robert David sold 31,196 shares of PRA, valued at $779,900.
Key Points
- Francis Robert David, President of Healthcare Professional Liability, sold 31,196 shares of PRA on June 26, 2026, at $25 each, totaling $779,900.
- PRA shares traded near $25 on Friday with institutional investors like BlackRock and Vanguard making moves in the stock.
- Analysts from Piper Sandler and Citizens Capital Markets have maintained or reiterated their ratings on PRA, with targets ranging from $15 to $25.
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On June 26, 2026, Francis Robert David, the President of Healthcare Professional Liability at PRA, sold 31,196 shares of the company's stock. The shares were sold at an average price of $25 each, amounting to a total transaction value of $779,900. This sale was not part of a prearranged trading plan.
Other Institutional Activity in PRA
Several institutional investors have recently adjusted their positions in PRA. BlackRock, Inc. trimmed its holdings by 9,395 shares, leaving it with 7,278,352 shares valued at about $179.9 million. Magnetar Financial LLC reduced its stake by 238,128 shares, now holding 3,246,435 shares worth approximately $80.3 million. Meanwhile, Vanguard Portfolio Management LLC and Vanguard Capital Management LLC both opened new positions, acquiring 2,781,007 and 2,240,875 shares, respectively, valued at around $68.7 million and $55.4 million. AllianceBernstein L.P. increased its stake by 124,102 shares, now holding 2,034,155 shares valued at $49.1 million.
ProAssurance Corporation Stock Holds Steady
Shares of PRA traded near $25 on Friday. The company's stock has seen various movements from institutional investors, indicating active interest in the market.
$PRA stock price
Daily closing prices, year to date. Not investment advice.
Insider Buying and Selling at ProAssurance Corporation
On June 26, 2026, several insiders at PRA engaged in stock transactions. Bruce Angiolillo sold 35,652 shares at $25 each, while Jeffrey Patton Lisenby, the Executive Vice-President, sold 43,184 shares. Edward Lewis Rand Jr., 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 and Dana Hendricks, the Chief Financial Officer, also sold shares on the same day, totaling 25,184 and 45,392 shares, respectively.
Analysts Set New Price Targets
Analysts have been updating their ratings and price targets for PRA. Piper Sandler maintained a 'hold' rating with a $25 price target on May 8, 2025. Citizens Capital Markets reiterated a 'buy' rating with a $20 target on February 25, 2025. Truist Securities also maintained a 'hold' rating, setting an $18 target on November 14, 2024.
Bottom Line
Francis Robert David's recent sale of PRA shares highlights insider trading activity within the company. Investors often watch such moves for insights into management's outlook. Institutional investors are actively adjusting their holdings, which could influence market perceptions. Analyst ratings provide additional context for understanding how PRA is viewed in the financial community.
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