Staci Pierce Sells Shares of ProAssurance Corporation

Staci Pierce recently sold 10,621 shares of ProAssurance Corporation (NYSE:PRA) on June 26, 2026. The shares were sold at a price of $25 each, for a total transaction value of $265,525. This transaction was not part of a pre-arranged trading plan.

Other Institutional Activity in ProAssurance Corporation

In the latest activity among institutional investors, BlackRock, Inc. trimmed its holdings by 9,395 shares, ending with 7,278,352 shares valued at approximately $179.9 million. Magnetar Financial LLC reduced its stake by 238,128 shares, leaving it with 3,246,435 shares worth about $80.3 million. Meanwhile, Vanguard Portfolio Management LLC and Vanguard Capital Management LLC both opened new positions, holding 2,781,007 and 2,240,875 shares, respectively. AllianceBernstein L.P. increased its position by 124,102 shares, reaching a total of 2,034,155 shares valued at around $49.1 million. State Street Corp also added 40,078 shares, bringing its total to 1,901,188 shares worth about $47 million.

ProAssurance Corporation Stock Holds Steady

Shares of ProAssurance Corporation (NYSE:PRA) traded near $25 on Saturday. The company has a market cap of approximately $1.29 billion and a P/E ratio of 19.8. Its 52-week trading range is between $22.79 and $25.02. The stock's 50-day moving average is $24.60, with a 200-day moving average of $24.30. ProAssurance has a current ratio of 2.06 and a quick ratio of 1.23, with a debt-to-equity ratio of 32.36.

Insider Buying and Selling at ProAssurance Corporation

Several insiders at ProAssurance Corporation also engaged in transactions on June 26, 2026. Angiolillo Bruce sold 35,652 shares at $25 per share, while Jeffrey Patton Lisenby, Executive Vice-President, sold 43,184 shares. Edward Lewis Rand Jr., the President & CEO, sold 172,908 shares. Noreen Dishart, Executive VP/Chief HR Officer, sold 27,868 shares at an average price of $24.47. Scott Syphax sold 25,184 shares at $25 per share, and Dana Hendricks, Chief Financial Officer, sold 45,392 shares at the same price.

Analysts Set New Price Targets

On May 8, 2025, Piper Sandler maintained a 'hold' rating with a price target of $25. Additionally, Citizens Capital Markets reiterated a 'buy' rating with a target of $20 on February 25, 2025. Truist Securities maintained a 'hold' rating with a target of $18 on November 14, 2024. JMP Securities maintained a 'buy' rating with a target of $20 on July 17, 2024. The consensus among analysts is a mean target price of $25, based on two opinions.

About ProAssurance Corporation

ProAssurance Corporation, based in Birmingham, Alabama, operates in the financial services sector, specifically in the insurance industry. The company provides property and casualty insurance and reinsurance products across the United States. Its offerings include professional liability insurance for healthcare providers and attorneys, as well as workers' compensation insurance. ProAssurance also delivers custom risk solutions and reinsurance through its subsidiaries. Founded in 1976, the company is led by CEO Edward Lewis Rand Jr. and employs approximately 972 people.

Bottom Line

Staci Pierce's recent share sale of ProAssurance Corporation is part of a broader trend of insider transactions at the company. Investors often track these insider activities for potential insights into company performance and insider sentiment. It's important to remember that these insider transactions are reported after they occur and may not necessarily indicate future stock performance.