David Vanderveen Buys Shares of PRE
David Vanderveen purchased 6,944 shares of PRE on June 15, 2026.
Key Points
- David Vanderveen bought 6,944 shares of PRE on June 15, 2026, at a spot price of $20.75.
- PRE's stock is currently trading at $20.75, with recent insider buying activity from multiple executives.
- Analysts from Lake Street and Cantor Fitzgerald have recently rated PRE as a 'buy' with price targets of $29 and $32, respectively.
David Vanderveen recently purchased 6,944 shares of PRE on June 15, 2026. The transaction was not part of a pre-planned trading scheme, and the shares were acquired at a spot price of $20.75.
Insider Buying and Selling at PRE
David Vanderveen was active on June 15, 2026, buying 6,944 shares and selling 8,681 shares of PRE. Meanwhile, Cheng Yin Pan bought 6,406 shares on May 26, 2026, and Lo Hoi Chun, the Chief Financial Officer, acquired 91,629 shares on May 19, 2026.
Other Institutional Activity in PRE
Several institutional investors have shown interest in PRE. Goldman Sachs Group Inc significantly increased its holdings by 151,338 shares, ending with 193,583 shares valued at about $3.74 million. Millennium Management LLC boosted its position by 141,168 shares to hold 192,600 shares worth approximately $3.72 million. Wells Fargo & Company/MN made a notable addition of 81,806 shares, resulting in a total of 84,806 shares valued at $1.64 million.
Analysts Set New Price Targets
On March 16, 2026, Lake Street initiated coverage on PRE with a 'buy' rating and a price target of $29. Cantor Fitzgerald has maintained its 'buy' rating, with the most recent target set at $32 on October 29, 2025.
Bottom Line
David Vanderveen's purchase of PRE shares reflects ongoing insider interest in the company. PRE's stock, trading at $20.75, has attracted attention from analysts and institutional investors alike. Recent analyst ratings suggest optimism, with price targets indicating potential for growth. As always, remember that insider transactions and analyst ratings are just pieces of the broader investment puzzle.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.
