A Director at Old Republic International Corp (NYSE: ORI) is Selling Shares

By Carrie Williams

Today, a Director at Old Republic International Corp (NYSE: ORI), Spencer Leroy, sold shares of ORI for $1.42M.

Over the last month, Spencer Leroy has reported another 3 Sell trades on ORI for a total of $1.78M. In addition to Spencer Leroy, 2 other ORI executives reported Sell trades in the last month.

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Based on Old Republic International Corp’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $1.48 billion and quarterly net profit of $4 million. In comparison, last year the company earned revenue of $1.44 billion and had a net profit of $113 million. ORI’s market cap is $6.39B and the company has a P/E ratio of 13.74. Currently, Old Republic International Corp has an average volume of 4.63M.

In the last 30 days, insiders have sold $2.94M worth of ORI shares and purchased $1.63M worth of ORI shares. The insider sentiment on Old Republic International Corp has been negative according to 16 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Old Republic International Corp. is a holding company, which engages in the business of insurance underwriting. It operates through the following segments: General Insurance Group, Title Insurance Group, and Republic Financial Indemnity Group Run-off Business.