Hagerty, Inc. (NYSE:HGTY – Get Free Report) Director Robert I. Kauffman sold 29,352 shares of the company’s stock in a transaction that occurred on Friday, June 28th. The stock was sold at an average price of $10.30, for a total transaction of $302,325.60. Following the sale, the director now owns 2,998,675 shares in the company, valued at $30,886,352.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Hagerty Stock Up 4.7 %
Hagerty stock traded up $0.49 during mid-day trading on Tuesday, hitting $11.02. The company had a trading volume of 156,604 shares, compared to its average volume of 82,606. The stock 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 1 year low of $7.52 and a 1 year high of $11.04. The company has a quick ratio of 1.47, a current ratio of 1.47 and a debt-to-equity ratio of 0.22. The business has a fifty day moving average of $9.46 and a 200 day moving average of $8.78.
Hagerty (NYSE:HGTY – Get Free Report) last posted its earnings results on Tuesday, May 7th. The company reported $0.04 EPS for the quarter, topping analysts’ consensus estimates of $0.03 by $0.01. Hagerty had a return on equity of 6.35% and a net margin of 1.82%. The business had revenue of $271.71 million for the quarter, compared to analysts’ expectations of $264.32 million. On average, sell-side analysts expect that Hagerty, Inc. will post 0.21 earnings per share for the current fiscal 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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