Kevin Merrick Shook Sells Shares of PRA

Kevin Merrick Shook, who serves as President of a Subsidiary at PRA, sold 53,237 shares of the company on June 26, 2026. The shares were sold at an average price of $25 each, amounting to a total transaction value of $1.33 million. This sale was not part of a pre-arranged trading plan.

Other Institutional Activity in PRA

Several institutional investors have recently modified their holdings in PRA. BlackRock, Inc. reduced its position by 9,395 shares, leaving it with 7,278,352 shares worth approximately $179.9 million. Magnetar Financial LLC also trimmed its stake by 238,128 shares, holding 3,246,435 shares valued at $80.3 million. On the other hand, 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 $68.7 million and $55.4 million. AllianceBernstein L.P. increased its stake by 124,102 shares to a total of 2,034,155 shares, worth about $49.1 million. State Street Corp also added 40,078 shares, bringing its total to 1,901,188 shares valued at $47 million.

ProAssurance Corporation Stock Holds Steady

Shares of PRA traded near $25 on Friday. The company has seen various institutional movements, with some increasing their stakes while others reduced their holdings. The stock's activity among major funds indicates a mixed sentiment in the market.

Insider Buying and Selling at ProAssurance Corporation

On June 26, 2026, several insiders besides Kevin Merrick Shook sold shares of PRA. 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., President & CEO, sold 172,908 shares. Noreen Dishart, Executive VP/Chief HR Officer, sold 27,868 shares at $24.47 each. Scott Syphax and Dana Hendricks, Chief Financial Officer, also sold shares, with 25,184 and 45,392 shares respectively, both at $25 each.

Analysts Set New Price Targets

Analysts have maintained various ratings on PRA. On May 8, 2025, Piper Sandler maintained a hold rating with a $25 price target. Citizens Capital Markets reiterated a buy rating with a $20 target on February 25, 2025. Truist Securities maintained a hold rating with an $18 target on November 14, 2024. JMP Securities maintained a buy rating with a $20 target on July 17, 2024.

Bottom Line

Kevin Merrick Shook's sale of PRA shares is a notable insider transaction, reflecting personal financial decisions rather than company performance. Institutional activity shows diverse strategies, with some funds increasing and others reducing their stakes. Analysts continue to provide varied perspectives on PRA's future, with ratings and targets indicating both caution and optimism. As always, these insider and institutional activities are backward-looking and may not reflect current positions.