ProAssurance (PRA) CFO Dana Hendricks Sells 43,184 Shares

Dana Hendricks, the Chief Financial Officer of PRA, sold 43,184 shares of the company on June 26, 2026. The shares were sold without a pre-arranged trading plan, and the transaction was recorded under the code 'D'. This insider activity comes as PRA shares traded near $25 on Friday.

Other Institutional Activity in PRA

Several major institutional investors have recently adjusted their holdings in PRA. BlackRock, Inc. reduced its holdings by 9,395 shares, bringing its total to 7,278,352 shares valued at approximately $179.9 million. Magnetar Financial LLC also trimmed its position by 238,128 shares, now holding 3,246,435 shares worth around $80.3 million, marking a 6.8% decrease. Meanwhile, Vanguard Portfolio Management LLC and Vanguard Capital Management LLC both opened new positions, acquiring 2,781,007 and 2,240,875 shares respectively. AllianceBernstein L.P. increased its stake by 124,102 shares, a 6.5% rise, totaling 2,034,155 shares valued at about $49.1 million. State Street Corp also enhanced its holdings by 40,078 shares, reflecting a 2.2% increase.

Insider Buying and Selling at ProAssurance Corporation

In addition to Dana Hendricks, several other insiders at PRA engaged in selling activity on June 26, 2026. Bruce Angiolillo sold 35,652 shares at $25 each. Jeffrey Patton Lisenby, Executive Vice-President, sold 43,184 shares. Edward Lewis Rand Jr., President & CEO, parted with 172,908 shares. Noreen Dishart, Executive VP/Chief HR Officer, sold 27,868 shares at $24.47 each, and Scott Syphax sold 25,184 shares at $25 each. None of these transactions were part of a planned trading plan.

Analysts Set New Price Targets

On May 8, 2025, Piper Sandler maintained its hold rating on PRA, setting a price target of $25. Earlier in the year, on February 25, 2025, Citizens Capital Markets reiterated a buy rating with a $20 target. Truist Securities also maintained a hold rating with an $18 target on November 14, 2024. JMP Securities, on July 17, 2024, maintained a buy rating with a $20 target.

Bottom Line

Dana Hendricks' recent sale of shares highlights ongoing insider activity at PRA. Institutional investors are actively adjusting their positions, reflecting varying levels of confidence in the company's future. Analysts remain cautious, with Piper Sandler maintaining a hold rating and a $25 price target. As always, insider transactions and institutional moves are important indicators for investors, but they do not guarantee future performance.