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RLI Corp. director sold shares as the company reported lower earnings and issued a dividend.
In March 2022, RLI Corp. director Jordan W. Graham sold 1,500 shares of the company's stock, reducing his ownership by 10.45%.
RLI, with a market cap of $6.83 billion, recently reported lower-than-expected earnings, missing analysts' forecasts by $0.64 per share.
The company also announced a quarterly dividend of $0.15 per share.
RLI's stock has an average rating of "Hold" with a target price of $82.80.
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El director de RLI Corp. vendió acciones ya que la compañía reportó ganancias más bajas y emitió un dividendo.