On December 3, 2024, William Delamater, Executive Vice President & Chief Operating Officer of Donegal Mutual Insurance Company, a subsidiary of Donegal Group Inc (DGICA, Financial), sold 10,000 shares of the company. Following this transaction, the insider now owns 1,379 shares of Donegal Group Inc. The details of this transaction can be found in the SEC Filing.
Donegal Group Inc is an insurance holding company whose insurance subsidiaries offer personal and commercial lines of property and casualty insurance in the Mid-Atlantic, Midwestern, New England, Southern, and Southwestern states. The company’s insurance subsidiaries include Atlantic States Insurance Company, Southern Insurance Company of Virginia, and others.
Over the past year, William Delamater has sold a total of 20,000 shares and has not purchased any shares. The insider transaction history for Donegal Group Inc shows 29 insider buys and 20 insider sells over the past year.
On the day of the recent sale, shares of Donegal Group Inc were trading at $16.77, giving the stock a market cap of $547.283 million. The company's price-earnings ratio stands at 21.75, which is higher than the industry median of 11.77 and also higher than the company’s historical median price-earnings ratio.
The GF Value for Donegal Group Inc is estimated at $15.76, resulting in a price-to-GF-Value ratio of 1.06. This indicates that the stock is considered Fairly Valued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated using historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also considers a GuruFocus adjustment factor based on the company’s past returns and growth, along with future estimates of business performance from Morningstar analysts.
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.
