A Director at RLI Corp (RLI) is Buying Shares

Today, a Director at RLI Corp (RLI), Michael Angelina, bought shares of RLI for $90.79K.

Following Michael Angelina’s last RLI Buy transaction on August 23, 2017, the stock climbed by 39.4%. This recent transaction increases Michael Angelina’s holding in the company by 7.11% to a total of $1.36 million.

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The company has a one-year high of $93.55 and a one-year low of $64.48. RLI’s market cap is $4.04B and the company has a P/E ratio of 32.60. Currently, RLI Corp has an average volume of 139.28K.

In the last 30 days, insiders have sold $1.38M worth of RLI shares and purchased $90.79K worth of RLI shares. The insider sentiment on RLI Corp has been negative according to 87 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Michael Angelina’s trades have generated a 20.3% 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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RLI Corp. operates as a holding company, which engages in the provision of insurance and underwriting services. It operates through the following segments: Casualty, Property and Surety. The Casualty segment offers healthcare and transportation insurance.

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