Old Republic SVP Lange sells $615,922 in ORI shares By Investing.com
Jeffrey Lange, Senior Vice President of Underwriting & Distribution at Old Republic International Corp (), sold 14,075 shares of the company’s common stock on July 29, 2026. The shares were sold at a price of $43.76 each, totaling $615,922 from the transaction.
Following the sale, Mr. Lange directly holds 12,244 shares of Old Republic International common stock. Additionally, he indirectly holds 4,665 shares through the ORI 401K. The transaction was signed by Victoria Pool, Power of Attorney for Jeffrey Lange, on July 31, 2026.The insurance company, valued at $10.4 billion, offers an attractive 8.67% dividend yield and has maintained dividend payments for 56 consecutive years. According to InvestingPro analysis, ORI appears undervalued at current levels, with the stock featured on the platform’s Most Undervalued list. Investors seeking deeper insights can access ORI’s comprehensive Pro Research Report, available for this and 1,400+ other US equities.
In other recent news, Old Republic International reported its second-quarter earnings, which did not meet Wall Street expectations. The company posted adjusted earnings of $0.76 per share on revenue of $2.33 billion, falling short of analyst projections of $0.78 per share and $2.38 billion in revenue. The shortfall was attributed to weaker performance in specialty insurance, despite stronger results in title insurance and increased investment income. Title insurance saw a revenue increase of 11%, and operating income more than doubled during the quarter. Meanwhile, net investment income rose over 6%, benefiting from higher bond yields. The company’s consolidated pre-tax operating income decreased by 11.2% to $238 million, with net operating income also falling to $186 million from $209 million. Additionally, the consolidated combined ratio worsened to 95.3% from 93.6%, indicating increased pressure in underwriting. Management expressed optimism that ECM would contribute to earnings and book value in the latter half of 2026.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
investment News
