.jpg "Pro-Assurance Corp (NYSE: PRA)")
Today, the SVP of Pro-Assurance Corp (NYSE: PRA), Frank Neil, bought shares of PRA for $122.3K.
Following this transaction Frank Neil’s holding in the company was increased by 2.71% to a total of $4.64 million. In addition to Frank Neil, one other PRA executive reported Buy trades in the last month.
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Based on Pro-Assurance Corp’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $224 million and quarterly net profit of $11.86 million. In comparison, last year the company earned revenue of $221 million and had a net profit of $41.46 million. PRA’s market cap is $2.19B and the company has a P/E ratio of 28.37. Currently, Pro-Assurance Corp has an average volume of 421.6K.
Based on 4 analyst ratings, the analyst consensus is Hold with an average price target of $51.00, reflecting a -19.7% downside. Three different firms, including JMP Securities and Sandler O’Neill, currently also have a Buy rating on the stock.
The insider sentiment on Pro-Assurance Corp has been positive according to 89 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
Frank Neil’s trades have generated a -3.8% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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ProAssurance Corp. is a holding company for property and casualty insurance companies. It operates through the following business segments: Specialty Property and Casualty, Workers’ Compensation, Lloyd’s Syndicate, and Corporate.
