Robert I. Kauffman Sells 3,541 Shares of Hagerty, Inc. (NYSE:HGTY) Stock

Hagerty, Inc. (NYSE:HGTYGet Free Report) Director Robert I. Kauffman sold 3,541 shares of the business’s stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $10.09, for a total transaction of $35,728.69. Following the completion of the sale, the director now directly owns 4,303,181 shares of the company’s stock, valued at approximately $43,419,096.29. The trade was a 0.08 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link.

Hagerty Trading Down 2.8 %

HGTY opened at $10.04 on Friday. Hagerty, Inc. has a twelve month low of $8.27 and a twelve month high of $12.35. The company has a 50-day simple moving average of $10.02 and a 200 day simple moving average of $10.70. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.23. The stock has a market capitalization of $3.42 billion, a price-to-earnings ratio of 91.27 and a beta of 0.85.

Analyst Upgrades and Downgrades

Separately, Raymond James cut shares of Hagerty from a “market perform” rating to an “underperform” rating in a research report on Thursday, December 26th.

View Our Latest Report on Hagerty

Institutional Investors Weigh In On Hagerty

Institutional investors and hedge funds have recently bought and sold shares of the company. KLP Kapitalforvaltning AS bought a new stake in Hagerty during the fourth quarter worth about $31,000. R Squared Ltd bought a new position in shares of Hagerty in the fourth quarter worth about $51,000. FMR LLC lifted its holdings in shares of Hagerty by 25,769.2% in the third quarter. FMR LLC now owns 6,726 shares of the company’s stock worth $68,000 after acquiring an additional 6,700 shares during the last quarter. Steward Partners Investment Advisory LLC lifted its holdings in shares of Hagerty by 35.9% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 10,325 shares of the company’s stock worth $100,000 after acquiring an additional 2,726 shares during the last quarter. Finally, Voya Investment Management LLC bought a new position in shares of Hagerty in the fourth quarter worth about $104,000. Institutional investors own 20.51% of the company’s stock.

About Hagerty

(Get Free Report)

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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Insider Buying and Selling by Quarter for Hagerty (NYSE:HGTY)

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