Insider Buying: RLI (NYSE:RLI) COO Buys 2,000 Shares of Stock

28 May 2026, 17:18 by Jessica Moore · The Cerbat Gem

RLI Corp. (NYSE:RLI – Get Free Report) COO Jennifer Klobnak bought 2,000 shares of the firm’s stock in a transaction on Wednesday, May 27th. The shares were acquired at an average cost of $52.72 per share, with a total value of $105,440.00. Following the purchase, the chief operating officer directly owned 104,318 shares of the company’s stock, valued at approximately $5,499,644.96. This represents a 1.95% increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website.

RLI Stock Down 1.0%

Shares of NYSE RLI traded down $0.52 on Thursday, reaching $51.53. 882,815 shares of the company’s stock traded hands, compared to its average volume of 816,839. The company has a market cap of $4.74 billion, a price-to-earnings ratio of 12.04 and a beta of 0.42. The business’s 50 day simple moving average is $54.92 and its two-hundred day simple moving average is $59.46. RLI Corp. has a 12 month low of $47.26 and a 12 month high of $77.24.

RLI (NYSE:RLI – Get Free Report) last announced its quarterly earnings results on Wednesday, April 22nd. The insurance provider reported $0.83 earnings per share for the quarter, beating the consensus estimate of $0.73 by $0.10. The company had revenue of $423.87 million during the quarter, compared to the consensus estimate of $564.47 million. RLI had a net margin of 20.81% and a return on equity of 17.72%. The firm’s quarterly revenue was up 4.0% compared to the same quarter last year. During the same quarter last year, the firm earned $0.92 earnings per share. Analysts forecast that RLI Corp. will post 2.7 earnings per share for the current fiscal year.

RLI Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 12th. Investors of record on Friday, May 29th will be issued a $0.18 dividend. This is an increase from RLI’s previous quarterly dividend of $0.16. This represents a $0.72 annualized dividend and a yield of 1.4%. The ex-dividend date is Friday, May 29th. RLI’s dividend payout ratio is 16.82%.

Wall Street Analyst Weigh In

RLI has been the topic of several research reports. Weiss Ratings cut shares of RLI from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, May 22nd. Zacks Research upgraded shares of RLI from a “strong sell” rating to a “hold” rating in a research note on Thursday, April 2nd. Wall Street Zen cut shares of RLI from a “hold” rating to a “sell” rating in a research note on Saturday, May 2nd. Wells Fargo & Company dropped their price target on shares of RLI from $59.00 to $55.00 and set an “equal weight” rating on the stock in a research note on Thursday, April 9th. Finally, Keefe, Bruyette & Woods upgraded shares of RLI from a “moderate buy” rating to a “strong-buy” rating in a research note on Tuesday, February 24th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, RLI presently has a consensus rating of “Hold” and an average price target of $61.50.

Get Our Latest Analysis on RLI

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Farther Finance Advisors LLC lifted its stake in shares of RLI by 94.4% during the 4th quarter. Farther Finance Advisors LLC now owns 414 shares of the insurance provider’s stock valued at $26,000 after buying an additional 201 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of RLI by 156.4% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 464 shares of the insurance provider’s stock valued at $30,000 after buying an additional 283 shares in the last quarter. MassMutual Private Wealth & Trust FSB lifted its stake in shares of RLI by 72.1% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 618 shares of the insurance provider’s stock valued at $40,000 after buying an additional 259 shares in the last quarter. AlphaQuest LLC bought a new stake in RLI in the 3rd quarter valued at $43,000. Finally, Eagle Bay Advisors LLC bought a new stake in RLI in the 4th quarter valued at $43,000. Hedge funds and other institutional investors own 77.89% of the company’s stock.

About RLI

(Get Free Report)

RLI Corporation (NYSE:RLI) is a specialty property and casualty insurance company focused on underwriting niche risks for businesses and individuals. Headquartered in Peoria, Illinois, the company operates through a network of independent agents and brokers, offering customized coverage solutions. RLI’s approach emphasizes disciplined underwriting, targeted product development and strong customer service to maintain profitability and long-term growth.