RLI Stock Ownership Breakdown

A company's 13F filings with the Securities and Exchange Commission (SEC) provides investors with comprehensive information about institutional ownership in a listed company, a sign of strength in terms of how many institutions have confidence in that company. The number of institutional investors who currently own RLI shares is 533, representing 81.68% of the company's common stock.

VAUGHAN DAVID INVESTMENTS LLC/IL, in the last quarter, reduced its stake in RLI by -0.72% restricting it's holding to 146.94 thousand shares of worth nearly $21.82M. KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC also lessened -0.55% of the RLI shares from its portfolio, reducing its holding to 2.43 million shares of worth $361.35M. NEUBERGER BERMAN GROUP LLC also shunned RLI shares holding by -1.26% last quarter which brought its holding to 1.34 million shares worth $198.63M.

As per its latest 13F filing, STATE STREET CORP increased its stake in RLI by 0.86% in the last quarter. The institutional holder raised its holding to 4.38 million shares having worth more than $649.86M. BLACKROCK INC. also added 1.07% more shares of RLI to its portfolio, raising its holding to 3.58 million shares of worth $532.23M. T. ROWE PRICE INVESTMENT MANAGEMENT, INC. also increased its RLI shares holding by 218.61% which brought its holding to 506.84 thousand shares worth $75.25M.

The insider with the most stakes in RLI is STONE MICHAEL J , director at the company. Additionally, RLI stock is highly held by VP, CIO, Treasurer Diefenthaler Aaron Paul and director Angelina Michael E among others.

Company executives, directors, and other insiders own 4.4% percent of RLI Corp.'s stock. Within the last six months, there have been 2 transaction(s) in which RLI insiders have sold stock, totaling 500 shares. Insiders that have sold shares include STONE MICHAEL J, ANGELINA MICHAEL E, and GRAHAM JORDAN W.

There have been 0 transaction(s) during the past 6-months in which RLI Corp. insiders have bought stock, totalling 0 shares

Around 429.32K RLI Corp. shares are held by insiders, which represents about 4.4% of RLI stock.

RLI director, STONE MICHAEL J holds the largest portfolio of the company's shares. RLI shares owned by STONE total nearly 214.51 thousand.

VAUGHAN DAVID INVESTMENTS LLC/IL is the largest institutional owner in RLI which holds 146.94 thousand shares worth $21.82M or 0.32% of the total RLI shares outstanding followed by STATE STREET CORP with ownership of 4.38 million shares representing 9.6% of the RLI ownership. BLACKROCK INC. is the third largest stakeholder with 3.58 million shares or 7.86% of the ownership worth more than $532.23M.

Stock options give the owner the ability but not the obligation to buy or sell a security at a predetermined price and date. Stock options can be classified into two types: puts and calls. A put is a bet on falling stock, and a call is a bet on rising stock. As far as the RLI is concerned, it is a stock which is optionable.

Number of RLI shares short is 953.34K. Shares short is a market sentiment in which investors have sold their shares short in a given stock but have not yet covered them or closed them out.

As of today, 91.64M shares of RLI are outstanding.

Float represents the number of tradeable shares in a specific stock. By subtracting restricted and closely-held shares from a firm's total outstanding shares, we can calculate its floating stock. The term "closely-held shares" refers to shares held by employees, major shareholders, and company insiders. At present, RLI has 39.67M shares in float.

Short ratio is calculated by dividing the number of short shares, short interest or bets that shareholders will sell short from the average daily volume. A higher ratio indicates longer times needed to repurchase borrowed shares (sold). The short ratio for RLI is 2.73.