Janus Henderson Group PLC Has $585,000 Stake in Hagerty, Inc. (NYSE:HGTY)

Janus Henderson Group PLC reduced its stake in Hagerty, Inc. (NYSE:HGTY) by 1.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 57,569 shares of the company’s stock after selling 945 shares during the quarter. Janus Henderson Group PLC’s holdings in Hagerty were worth $585,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Connor Clark & Lunn Investment Management Ltd. lifted its holdings in shares of Hagerty by 376.1% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 97,143 shares of the company’s stock valued at $988,000 after purchasing an additional 76,740 shares in the last quarter. 17 Capital Partners LLC lifted its stake in Hagerty by 10.0% in the 3rd quarter. 17 Capital Partners LLC now owns 55,000 shares of the company’s stock valued at $559,000 after acquiring an additional 5,000 shares in the last quarter. Meixler Investment Management Ltd. boosted its position in Hagerty by 9.7% during the 3rd quarter. Meixler Investment Management Ltd. now owns 27,455 shares of the company’s stock worth $279,000 after acquiring an additional 2,430 shares during the last quarter. Caz Investments LP grew its stake in shares of Hagerty by 66.7% during the 3rd quarter. Caz Investments LP now owns 25,000 shares of the company’s stock worth $258,000 after acquiring an additional 10,000 shares in the last quarter. Finally, Goldstone Financial Group LLC acquired a new stake in shares of Hagerty in the third quarter valued at approximately $236,000. 20.51% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director Robert I. Kauffman sold 5,404 shares of the stock in a transaction that occurred on Friday, September 20th. The stock was sold at an average price of $10.70, for a total transaction of $57,822.80. Following the completion of the transaction, the director now directly owns 5,156,835 shares of the company’s stock, valued at approximately $55,178,134.50. This represents a 0.10 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders have sold 268,037 shares of company stock valued at $2,970,375 in the last three months. 17.90% of the stock is currently owned by corporate insiders.

Hagerty Stock Performance

Shares of HGTY stock opened at $11.09 on Friday. The firm has a market cap of $3.78 billion, a PE ratio of 100.82 and a beta of 0.80. Hagerty, Inc. has a 12 month low of $7.68 and a 12 month high of $12.35. The company’s fifty day simple moving average is $11.07 and its 200-day simple moving average is $10.89. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.23.

Hagerty Company Profile

Hagerty, Inc provides insurance agency services worldwide. It offers motor vehicle and boat insurance products; and reinsurance products. The company provides Hagerty Media, which publishes contents through the Hagerty Drivers Club Magazine (HDC), video content, and social media channels; HDC that offers subscription based products and services, including HDC Magazine, automotive enthusiast events, proprietary vehicle valuation tools, emergency roadside services, and special vehicle-related discounts.