Hagerty, Inc. (NYSE:HGTY – Get Free Report) Director Robert I. Kauffman sold 3,036 shares of the stock in a transaction on Tuesday, April 23rd. The stock was sold at an average price of $9.07, for a total value of $27,536.52. Following the completion of the sale, the director now owns 3,421,036 shares in the company, valued at approximately $31,028,796.52. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Hagerty Trading Down 1.2 %
Shares of HGTY stock opened at $8.81 on Friday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.48 and a current ratio of 1.48. Hagerty, Inc. has a 52-week low of $7.52 and a 52-week high of $10.36. The company has a market capitalization of $2.96 billion, a PE ratio of 125.86 and a beta of 0.77. The business’s fifty day moving average is $8.79 and its 200 day moving average is $8.36.
Hagerty (NYSE:HGTY – Get Free Report) last released its quarterly earnings results on Tuesday, March 12th. The company reported ($0.01) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.01). Hagerty had a return on equity of 4.53% and a net margin of 1.84%. The business had revenue of $245.04 million for the quarter, compared to the consensus estimate of $245.17 million. On average, equities research analysts anticipate that Hagerty, Inc. will post 0.19 EPS for the current fiscal year.
Institutional Investors Weigh In On Hagerty
Wall Street Analysts Forecast Growth
Separately, JPMorgan Chase & Co. assumed coverage on Hagerty in a research report on Thursday, January 11th. They issued a “neutral” rating and a $9.00 price objective on the stock.
View Our Latest Report on HGTY
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.
Featured Stories
- Five stocks we like better than Hagerty
- 3 Small Caps With Big Return Potential
- Hasbro’s Management Made All the Right Calls This Quarter
- Are Penny Stocks a Good Fit for Your Portfolio?
- Caterpillar’s Market Reset Isn’t Over: Get Ready for Lower Prices
- 3 Monster Growth Stocks to Buy Now
- Power Surge: Utilities Sector’s Resilience Shines
Receive News & Ratings for Hagerty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hagerty and related companies with MarketBeat.com's FREE daily email newsletter.