Donegal Group (NASDAQ:DGICA) Major Shareholder Buys $1,052,361.75 in Stock

17 Sep 2026, 04:22 by Amy Steele · The Cerbat Gem

Donegal Group, Inc. (NASDAQ:DGICA – Get Free Report) major shareholder Mutual Insurance Co Donegal acquired 54,725 shares of the business’s stock in a transaction dated Friday, September 11th. The stock was acquired at an average cost of $19.23 per share, with a total value of $1,052,361.75. Following the purchase, the insider directly owned 14,387,128 shares in the company, valued at $276,664,471.44. This represents a 0.38% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

Mutual Insurance Co Donegal also recently made the following trade(s):

On Wednesday, September 9th, Mutual Insurance Co Donegal acquired 13,469 shares of Donegal Group stock. The shares were bought at an average cost of $19.13 per share, for a total transaction of $257,661.97.
On Thursday, September 10th, Mutual Insurance Co Donegal acquired 10,000 shares of Donegal Group stock. The stock was bought at an average price of $19.13 per share, for a total transaction of $191,300.00.
On Tuesday, September 8th, Mutual Insurance Co Donegal bought 10,000 shares of Donegal Group stock. The shares were bought at an average price of $19.14 per share, with a total value of $191,400.00.
On Friday, September 4th, Mutual Insurance Co Donegal purchased 6,368 shares of Donegal Group stock. The shares were bought at an average price of $19.39 per share, for a total transaction of $123,475.52.
On Thursday, September 3rd, Mutual Insurance Co Donegal acquired 9,595 shares of Donegal Group stock. The stock was bought at an average price of $19.53 per share, with a total value of $187,390.35.
On Wednesday, September 2nd, Mutual Insurance Co Donegal acquired 10,000 shares of Donegal Group stock. The shares were bought at an average cost of $19.43 per share, with a total value of $194,300.00.
On Tuesday, September 1st, Mutual Insurance Co Donegal purchased 9,257 shares of Donegal Group stock. The shares were purchased at an average price of $19.17 per share, with a total value of $177,456.69.
On Monday, August 31st, Mutual Insurance Co Donegal acquired 10,000 shares of Donegal Group stock. The shares were purchased at an average cost of $19.18 per share, with a total value of $191,800.00.
On Thursday, August 27th, Mutual Insurance Co Donegal purchased 10,000 shares of Donegal Group stock. The shares were acquired at an average cost of $18.95 per share, with a total value of $189,500.00.
On Wednesday, August 26th, Mutual Insurance Co Donegal bought 9,508 shares of Donegal Group stock. The shares were acquired at an average price of $19.11 per share, with a total value of $181,697.88.

Donegal Group Stock Down 2.3%

Shares of NASDAQ DGICA opened at $19.00 on Thursday. Donegal Group, Inc. has a 12 month low of $16.11 and a 12 month high of $21.06. The company has a current ratio of 0.39, a quick ratio of 0.39 and a debt-to-equity ratio of 0.05. The firm has a fifty day simple moving average of $19.01 and a two-hundred day simple moving average of $18.00. The firm has a market capitalization of $705.28 million, a PE ratio of 9.84 and a beta of -0.01.

Donegal Group (NASDAQ:DGICA – Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The insurance provider reported $0.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.42 by $0.11. Donegal Group had a net margin of 7.38% and a return on equity of 10.65%. The company had revenue of $241.12 million during the quarter, compared to the consensus estimate of $231.53 million. Equities analysts expect that Donegal Group, Inc. will post 1.75 earnings per share for the current year.

Donegal Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, August 14th. Stockholders of record on Friday, July 31st were given a $0.1925 dividend. The ex-dividend date of this dividend was Friday, July 31st. This represents a $0.77 annualized dividend and a dividend yield of 4.1%. Donegal Group’s dividend payout ratio is currently 39.90%.

Wall Street Analysts Forecast Growth

DGICA has been the topic of several research reports. Weiss Ratings upgraded Donegal Group from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, August 28th. Keefe, Bruyette & Woods upped their target price on shares of Donegal Group from $18.00 to $20.00 and gave the stock a “market perform” rating in a research report on Wednesday, July 8th. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $20.00.

Check Out Our Latest Analysis on DGICA

Hedge Funds Weigh In On Donegal Group

Several large investors have recently made changes to their positions in DGICA. Dimensional Fund Advisors LP grew its stake in shares of Donegal Group by 0.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,737,266 shares of the insurance provider’s stock worth $29,846,000 after buying an additional 7,345 shares during the last quarter. Renaissance Technologies LLC boosted its holdings in Donegal Group by 5.8% in the first quarter. Renaissance Technologies LLC now owns 392,711 shares of the insurance provider’s stock worth $6,747,000 after acquiring an additional 21,500 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its stake in shares of Donegal Group by 41.2% in the first quarter. Arrowstreet Capital Limited Partnership now owns 276,237 shares of the insurance provider’s stock worth $4,746,000 after acquiring an additional 80,614 shares during the last quarter. Royce & Associates LP grew its stake in shares of Donegal Group by 579.4% in the fourth quarter. Royce & Associates LP now owns 169,853 shares of the insurance provider’s stock worth $3,394,000 after acquiring an additional 144,853 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in shares of Donegal Group by 5.8% during the first quarter. Bank of New York Mellon Corp now owns 166,616 shares of the insurance provider’s stock valued at $2,862,000 after acquiring an additional 9,075 shares in the last quarter. 27.96% of the stock is currently owned by hedge funds and other institutional investors.

About Donegal Group

(Get Free Report)

Donegal Group Inc is an insurance holding company that provides property and casualty insurance through a network of independent insurance agents. The company operates through regional insurance subsidiaries affiliated with Donegal Mutual Insurance Company and serves individuals, families, farms, and businesses.