Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. RLI Corp shares valued at $214,485 were sold by RESTREPO ROBERT P JR on Mar 13 ’25. At $74.89 per share, RESTREPO ROBERT P JR sold 2,864 shares. The insider’s holdings dropped to 23,312 shares worth approximately $1.73 million following the completion of this transaction.
Also, Graham Jordan W sold 1,500 shares, netting a total of over 112,155 in proceeds. Following the sale of shares at $74.77 each, the insider now holds 12,854 shares.
Before that, RESTREPO ROBERT P JR had added 2,864 shares to its account. In a trade valued at $210,360, the Director bought RLI Corp shares for $73.45 each.
As published in a research note from Compass Point on April 25, 2025, RLI Corp [RLI] has been rated down from a Buy to a Neutral and the price target has been revised to $76. Analysts at Jefferies downgraded the stock from ‘”a Buy”‘ to ‘”an Underperform”‘ outlook in a report released in late January. As of October 16, 2024, Oppenheimer has initiated its “Perform” rating for RLI. Earlier on October 09, 2024, Wolfe Research initiated its rating. Their recommendation was “an Outperform” for RLI stock.
Analyzing RLI Stock Performance
During the last five days, there has been a drop of approximately -5.20%. Over the course of the year, RLI Corp shares have dropped approximately -10.20%. Shares of the company reached a 52-week high of $83.03 on 01/02/25 and a 52-week low of $70.01 on 01/23/25. A 50-day SMA is recorded $76.29, while a 200-day SMA reached $77.95.
Support And Resistance Levels for RLI Corp (RLI)
According to the 24-hour chart, there is a support level at 72.60, which, if violated, would cause prices to drop to 71.18. In the upper region, resistance lies at 74.72. The next price resistance is at 75.42. RSI (Relative Strength Index) is 42.48 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.09, which suggests the price will decrease in the coming days. Percent R is at 69.77%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
