On November 14, 2024, Christina Hoffman, Senior Vice President and Chief Risk Officer of Donegal Group Inc (DGICA, Financial), executed a sale of 30,000 shares of the company. The transaction was filed with the SEC and can be viewed in detail through the SEC Filing. Following this transaction, the insider now owns 4,289 shares of Donegal Group Inc.
Donegal Group Inc (DGICA, Financial) is an insurance holding company whose subsidiaries offer personal and commercial property and casualty lines of insurance. The company operates primarily in the Mid-Atlantic, Midwestern, New England, Southern, and Southwestern regions of the United States.
Over the past year, Christina Hoffman has sold a total of 30,000 shares and has not purchased any shares of the company. This recent sale is part of a broader trend within Donegal Group Inc, where there have been 22 insider buys and 12 insider sells over the past year.
On the date of the sale, shares of Donegal Group Inc were trading at $15.82, giving the company a market cap of approximately $525.836 million. The price-earnings ratio of the company stands at 20.78, which is above both the industry median of 11.37 and the company's historical median.
According to the GF Value, the intrinsic value estimate for Donegal Group Inc, which considers historical trading multiples, an adjustment factor based on past returns and growth, and future business performance estimates, the stock is currently Fairly Valued with a price-to-GF-Value ratio of 1. This assessment aligns with the stock's current trading price of $15.82, closely matching the GF Value of $15.76.
This insider sale and the current valuation metrics provide investors with updated insights into the trading activities of key insiders and the valuation landscape of Donegal Group Inc (DGICA, Financial).
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.
