On December 10, 2024, Jon Mahan, a Director at Donegal Mutual Insurance Company, sold 12,500 shares of Donegal Group Inc (DGICA, Financial). Following this transaction, the insider now owns 8,988 shares of the company. The details of this transaction can be found in the SEC Filing.
Donegal Group Inc is a regional insurance holding company offering personal and commercial lines of property and casualty insurance to businesses and individuals. The company operates primarily in the Mid-Atlantic, Southeastern, and Midwestern regions of the United States.
The insider transaction history for Donegal Group Inc shows that there have been 32 insider buys and 28 insider sells over the past year. This recent sale by Jon Mahan is part of the overall insider activity within the company.
On the day of Jon Mahan’s recent sale, shares of Donegal Group Inc were trading at $16.15, giving the stock a market cap of $546.556 million. The company's price-earnings ratio is 21.58, which is higher than the industry median of 11.6 and higher than the company’s historical median price-earnings ratio.
With a price of $16.15 and a GF Value of $15.77, Donegal Group Inc has a price-to-GF-Value ratio of 1.02, indicating that the stock is fairly valued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples, a GuruFocus adjustment factor, and 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.
