Hagerty, Inc. (NYSE:HGTY – Get Free Report) Director Robert I. Kauffman sold 12,200 shares of the stock in a transaction that occurred on Monday, July 1st. The stock was sold at an average price of $10.47, for a total transaction of $127,734.00. Following the completion of the sale, the director now directly owns 2,986,475 shares of the company’s stock, valued at $31,268,393.25. The transaction was disclosed in a filing with the SEC, which is available at this link.
Hagerty Price Performance
Shares of HGTY traded up $0.49 during mid-day trading on Tuesday, reaching $11.02. The stock had a trading volume of 156,604 shares, compared to its average volume of 82,606. The business has a fifty day moving average of $9.46 and a 200 day moving average of $8.78. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.47 and a current ratio of 1.47. The firm has a market cap of $3.71 billion, a price-to-earnings ratio of 183.53 and a beta of 0.80. Hagerty, Inc. has a 12 month low of $7.52 and a 12 month high of $11.04.
Hagerty (NYSE:HGTY – Get Free Report) last released its earnings results on Tuesday, May 7th. The company reported $0.04 earnings per share for the quarter, beating analysts’ consensus estimates of $0.03 by $0.01. Hagerty had a net margin of 1.82% and a return on equity of 6.35%. The company had revenue of $271.71 million for the quarter, compared to analysts’ expectations of $264.32 million. Equities analysts predict that Hagerty, Inc. will post 0.21 EPS for the current year.
Hedge Funds Weigh In On 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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