On December 9, 2024, Christina Hoffman, Senior Vice President & Chief Risk Officer at Donegal Mutual Insurance Company, a subsidiary of Donegal Group Inc (DGICA, Financial), sold 25,000 shares of the company. Following this transaction, the insider now owns 4,289 shares of Donegal Group Inc. The transaction details are available 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, Donegal Mutual Insurance Company, Le Mars Insurance Company, Michigan Insurance Company, Mountain States Commercial Insurance Company, and Mountain States Indemnity Company.
Over the past year, Christina Hoffman has sold a total of 55,000 shares and has not purchased any shares. The insider transaction history for Donegal Group Inc indicates there have been 32 insider buys and 28 insider sells over the same period.
On the day of the recent sale, shares of Donegal Group Inc were trading at $16.64, 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 also higher than the company’s historical median price-earnings ratio.
With a price of $16.64 and a GF Value of $15.77, Donegal Group Inc has a price-to-GF-Value ratio of 1.06, 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.
