10 Mid-Cap Stocks Insiders Are Buying Recently

5. RLI Corp. (NYSE:RLI)

Number of Insiders Recently Buying: 5

Market Capitalization: $6.772B

RLI Corp is an insurance holding company specializing in property and casualty insurance and the fifth out of our 10 mid-cap stocks insiders are buying recently. In January, five insiders acquired approximately $950,000 worth of Maximus shares at a price of $72.14 per share. The stock is currently trading at $74.51, having lost 9.60% year-to-date. Over the last six months, RLI shares gained 2.32%. The highest drop over that period happened at the end of January.

Why did the stock drop in January? On January 15, 2025, RLI executed a two-for-one stock split of common stock, resulting in a lower price of its shares, which may be the reason insiders decided to seize the moment and buy more shares.

RLI has an average recommendation of “Moderate Buy” from seven research firms, according to MarketBeat, and an average 12-month price target of $91.20.

The company is known for its solid track record of dividend payments that has been paying for 49 years. On December 20, 2024, the company paid a special cash dividend of $2.00 per share and a regular quarterly dividend of $0.145 per share for a combined total of $196.8 million.

Investors who invested in RLI five years ago would have gained 54% on their investment.