On November 11, 2024, Barry Huber, Director at Donegal Group Inc (DGICA, Financial), executed a sale of 4,500 shares of the company at a price of $15.7 per share. This transaction was filed with the SEC and can be found in detail in the SEC Filing. Following this transaction, the insider now owns 14,867 shares of Donegal Group Inc.
Donegal Group Inc operates in the insurance sector, providing personal and commercial property and casualty insurance products. The company focuses on multiple regions across the United States, offering policies that cover automobiles, homeowners, and small businesses, among other categories.
Over the past year, Barry Huber has sold a total of 4,500 shares and has not purchased any shares. This recent sale aligns with a broader pattern observed within the company, where there have been 20 insider buys and 11 insider sells over the past year.
Shares of Donegal Group Inc were trading at $15.7 on the day of the sale, giving the company a market cap of $534.081 million. The price-earnings ratio of the stock stands at 20.96, which is above both the industry median of 11.37 and the company's historical median.
According to the GF Value assessment, Donegal Group Inc has a price-to-GF-Value ratio of 0.98, indicating that the stock is Fairly Valued. The GF Value is a proprietary measure used to determine the fair value of a stock based on historical trading multiples, an adjustment factor based on past returns and growth, and future business performance estimates.
This insider sale might interest investors tracking insider behaviors as an indicator of potential stock performance, given the alignment with the company's current valuation metrics.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
