Hagerty, Inc. (NYSE:HGTY – Get Free Report) Director Robert I. Kauffman sold 29,240 shares of the company’s stock in a transaction dated Thursday, June 20th. The shares were sold at an average price of $10.27, for a total transaction of $300,294.80. Following the transaction, the director now directly owns 3,207,302 shares of the company’s stock, valued at $32,938,991.54. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Hagerty Stock Performance
Shares of NYSE:HGTY opened at $10.44 on Wednesday. The company has a market cap of $3.51 billion, a price-to-earnings ratio of 173.95 and a beta of 0.78. The company has a 50-day moving average price of $9.35 and a 200-day moving average price of $8.72. The company has a current ratio of 1.47, a quick ratio of 1.47 and a debt-to-equity ratio of 0.22. Hagerty, Inc. has a 12 month low of $7.52 and a 12 month high of $10.62.
Hagerty (NYSE:HGTY – Get Free Report) last issued its quarterly earnings data on Tuesday, May 7th. The company reported $0.04 EPS for the quarter, topping the consensus estimate of $0.03 by $0.01. Hagerty had a net margin of 1.82% and a return on equity of 6.35%. The business had revenue of $271.71 million during the quarter, compared to analyst estimates of $264.32 million. As a group, equities analysts anticipate that Hagerty, Inc. will post 0.21 EPS for the current year.
Institutional Trading of Hagerty
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.
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