In a filing, RLI Corp revealed its Director RESTREPO ROBERT P JR unloaded Company’s shares for reported $0.21 million on Mar 13 ’25. In the deal valued at $74.89 per share,2,864 shares were sold. As a result of this transaction, RESTREPO ROBERT P JR now holds 23,312 shares worth roughly $1.68 million.
Then, Graham Jordan W sold 1,500 shares, generating $112,155 in total proceeds. Upon selling the shares at $74.77, the Director now owns 12,854 shares.
Before that, RESTREPO ROBERT P JR bought 2,864 shares. RLI Corp shares valued at $210,360 were divested by the Director at a price of $73.45 per share.
Compass Point downgraded its RLI Corp [RLI] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Jefferies’s analysts, who decreased its forecast for the stock in late January from “a Buy” to “an Underperform”. Oppenheimer began covering RLI with “Perform” recommendation on October 16, 2024. Wolfe Research started covering the stock on October 09, 2024. It rated RLI as “an Outperform”.
Price Performance Review of RLI
On Tuesday, RLI Corp [NYSE:RLI] saw its stock fall -0.89% to $72.15. Over the last five days, the stock has lost -1.64%. RLI Corp shares have fallen nearly -12.46% since the year began. Nevertheless, the stocks have risen 5.33% over the past one year. While a 52-week high of $89.12 was reached on 01/02/25, a 52-week low of $66.98 was recorded on 01/23/25.
Levels Of Support And Resistance For RLI Stock
The 24-hour chart illustrates a support level at 71.59, which if violated will result in even more drops to 71.03. On the upside, there is a resistance level at 72.65. A further resistance level may holdings at 73.15.
The most recent change occurred on September 07, 2023 when Jefferies began covering the stock and recommended ‘”a Buy”‘ rating along with a $155 price target.
