Hagerty, Inc. (NYSE:HGTY – Get Free Report) Director Robert I. Kauffman sold 40,908 shares of the business’s stock in a transaction dated Wednesday, June 26th. The stock was sold at an average price of $10.13, for a total transaction of $414,398.04. Following the transaction, the director now owns 3,074,333 shares in the company, valued at $31,142,993.29. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Hagerty Trading Up 2.9 %
HGTY opened at $10.40 on Friday. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.47 and a quick ratio of 1.47. The company’s 50 day simple moving average is $9.42 and its two-hundred day simple moving average is $8.75. The firm has a market capitalization of $3.50 billion, a price-to-earnings ratio of 173.36 and a beta of 0.78. Hagerty, Inc. has a 1-year low of $7.52 and a 1-year high of $10.62.
Hagerty (NYSE:HGTY – Get Free Report) last announced its quarterly earnings data on Tuesday, May 7th. The company reported $0.04 EPS for the quarter, topping analysts’ consensus estimates of $0.03 by $0.01. The firm had revenue of $271.71 million for the quarter, compared to the consensus estimate of $264.32 million. Hagerty had a return on equity of 6.35% and a net margin of 1.82%. Analysts expect that Hagerty, Inc. will post 0.21 EPS for the current fiscal year.
Institutional Investors Weigh In On Hagerty
About Hagerty
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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