Mutual Insurance Co Donegal Buys 25,080 Shares of Donegal Group Inc. (NASDAQ:DGICA)

The opinion of the company Donegal Group Inc. Get Votes) major shareholder Mutual Insurance Co Donegal bought 25,080 shares of the company’s stock in a transaction on Tuesday, August 2. The stock was bought at an average price of $14.54 per share, for a total sale of $364,663.20. Following the purchase, the insider now owns 10,934,849 shares in the company, valued at $158,992,704.46. The transaction was disclosed in a document issued by the SEC, which is available through SEC website. Major shareholders who own 10% of the company’s shares are required to disclose their transactions with the SEC.

Mutual Insurance Co Donegal also recently made the following trades:

  • On Monday, June 13th, Mutual Insurance Co Donegal purchased 25,317 shares of Donegal Group stock. The stock was bought at an average price of $16.03 per share, for a total sale of $405,831.51.
  • On Friday, June 10th, Mutual Insurance Co Donegal purchased 18,700 shares of Donegal Group stock. The stock was bought at an average price of $16.27 per share, for a total sale of $304,249.00.
  • On Wednesday, June 8th, Mutual Insurance Co Donegal bought 10,075 shares of Donegal Group stock. The stock was bought at an average price of $16.25 per share, for a total sale of $163,718.75.
  • On Monday, June 6th, Mutual Insurance Co Donegal bought 20,000 shares of Donegal Group stock. The stock was bought at an average price of $16.29 per share, for a total sale of $325,800.00.
  • On Thursday, June 2nd, Mutual Insurance Co Donegal bought 18,275 shares of Donegal Group stock. The stock was bought at an average price of $16.05 per share, for a total sale of $293,313.75.
  • On Thursday, May 26th, Mutual Insurance Co Donegal purchased 3,637 shares of Donegal Group stock. The shares were acquired at an average price of $15.84 per share, for a total sale of $57,610.08.
  • On Tuesday, May 24th, Mutual Insurance Co Donegal purchased 11,413 shares of Donegal Group stock. The shares were acquired at an average price of $15.83 per share, for a total sale of $180,667.79.
  • On Sunday, May 22nd, Mutual Insurance Co Donegal bought 13,281 shares of Donegal Group stock. The shares were acquired at an average price of $15.56 per share, for a total sale of $206,652.36.
  • On Wednesday, May 18th, Mutual Insurance Co Donegal bought 6,344 shares of Donegal Group stock. The shares were acquired at an average price of $15.51 per share, for a total sale of $98,395.44.
  • On Monday, May 16th, Mutual Insurance Co Donegal acquired 6,480 shares of Donegal Group stock. The shares were bought at an average price of $15.32 per share, with a value of $99,273.60.

Donegal Group Sales Rise 1.5%

Sales Investing Trends

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The lowest price of DGICA Stock Exchange shares, 14.45 $. The company has a current ratio of 0.42, a quick ratio of 0.42 and a debt ratio of 0.07. The stock has net assets of $454.02 million, a P/E ratio of 120.42 and a beta of -0.08. The stock has a 50-day moving average of $16.19 and a 200-day moving average of $14.75. Donegal Group Inc. it has a one year low of $13.09 and a one year high of $17.13.

When does Donegal Group publish income

The business also declared a quarterly dividend, which will be paid on Monday, August 15th. Investors of record on Monday, August 1st will be given a $0.165 dividend. The company paid $0.66 per share during the last period and the annual yield was 4.57 %. The latest trading day for shares is Friday, July 29. The lowest price for Donegal Group plc shares is 550.00 %.

Agency Advertisers Weigh On The Donegal Group

Many institutional investors have recently modified their positions in the stock. SG Americas Securities LLC purchased a new stake in shares of Donegal Group in the second quarter valued at about $130,000. Foundry Partners LLC acquired a new position in Donegal Group in the second quarter valued at about $2,226,000. Bailard Inc. acquired a new position in Donegal Group in the second quarter valued at approximately $181,000. Allspring Global Investments Holdings LLC raised its position in Donegal Group by 191.9% in the second quarter. Allspring Global Investments Holdings LLC now owns 117,369 shares of the insurance company’s stock valued at $2,001,000 after buying an additional 77,157 shares during the last quarter. Finally, Keeley Teton Advisors LLC raised its position in Donegal Group by 689.4% in the first quarter. Keeley Teton Advisors LLC now owns 88,832 shares of the insurance company’s stock valued at $1,191,000 after buying an additional 77,579 shares in the last quarter. 30.02% of the stock is currently owned by investors.

Researchers Set New Price Targets

alone, StockNews.com raised Donegal Group from a “hold” rating to a “buy” rating in a report on Thursday, April 28th.

Company profile Donegal Group Company

(Get Votes)

Donegal Group Inc, an insurance company, offers personal and commercial lines of property and casualty insurance to businesses and individuals. It operates in three divisions: Investment Function, Personal Lines of Insurance, and Commercial Lines of Insurance. The company offers motor vehicle policies that provide protection against bodily injury and property damage due to motor vehicle accidents, as well as protection against motor vehicle damage; and homeowner’s policies, which provide coverage for damage to the home and its contents from a variety of perils, including fire, lightning, hurricanes, and theft, as well as liability insurance for personal injury or property damage.

Further Reading

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