The Chairman & CEO of Old Republic International Corp (NYSE: ORI) is Buying Shares

By Carrie Williams

Today, the Chairman & CEO of Old Republic International Corp (NYSE: ORI), Aldo Zucaro, bought shares of ORI for $1,608.

Following Aldo Zucaro’s last ORI Buy transaction on November 09, 2016, the stock climbed by 6.0%. In addition to Aldo Zucaro, one other ORI executive reported Buy trades in the last month.

Based on Old Republic International Corp’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $1.73 billion and quarterly net profit of $300 million. In comparison, last year the company earned revenue of $1.55 billion and had a net profit of $132 million. The company has a one-year high of $22.34 and a one-year low of $17.05. ORI’s market cap is $5.75B and the company has a P/E ratio of 11.11.

The insider sentiment on Old Republic International Corp has been positive according to 10 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

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