As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money. So let's look at one noteworthy recent insider buy.
At ProAssurance Corp. (NYSE:PRA), there was insider buying on Monday, by Director Samuel A. Di Piazza Jr. who bought 5,000 shares for a cost of $45.84 each, for a total investment of $229,200. This purchase marks the first one filed by Di Jr. in the past year. ProAssurance Corp. is trading up about 0.3% on the day Tuesday.
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