Donegal Mutual Insurance Co Increases Stake in DGICA

Donegal Mutual Insurance Co purchased 9,900 shares of DGICA, boosting its position.

Key Points

  • Donegal Mutual Insurance Co bought 9,900 shares of DGICA at $17.56 each, spending $173,844 on June 11, 2026.
  • Shares of DGICA traded at $17.61 with recent insider buying activity by Donegal Mutual Insurance Co.
  • Analyst Keefe, Bruyette & Woods maintained a 'hold' rating for DGICA with an $18.00 price target.

Donegal Mutual Insurance Co recently increased its holdings in DGICA by purchasing 9,900 shares on June 11, 2026. The shares were bought at an average price of $17.56, totaling $173,844 in value.

Insider Buying and Selling at DGICA

Donegal Mutual Insurance Co has been actively buying shares of DGICA. On June 12, it acquired 9,682 shares at $17.62 each. This follows several other purchases, including 10,000 shares at $16.62 on June 3 and 8,500 shares at $17.03 on June 2.

Other Institutional Activity in DGICA

BlackRock, Inc. reduced its DGICA holdings by 105,171 shares, leaving it with 1,906,786 shares worth approximately $32.76 million. Dimensional Fund Advisors LP increased its position by 7,345 shares, bringing its total to 1,737,266 shares valued at about $29.85 million. Vanguard Capital Management LLC established a new position with 749,155 shares, valued at $12.87 million. Geode Capital Management, LLC added 21,249 shares to its holdings, totaling 555,952 shares worth $9.55 million. American Century Companies Inc. significantly boosted its stake by 83,759 shares, ending with 395,979 shares valued at $6.80 million.

DGICA Stock Snapshot

Shares of DGICA recently traded at $17.61. The stock has been subject to various insider buying activities, indicating continued interest from Donegal Mutual Insurance Co.

Analysts Set New Price Targets

On May 1, 2026, Keefe, Bruyette & Woods maintained its 'hold' rating for DGICA, setting a price target of $18.00. This follows previous ratings that consistently held the stock with similar price targets, reflecting a stable outlook.

Bottom Line

Donegal Mutual Insurance Co's recent purchases of DGICA shares highlight its confidence in the company. While insider transactions can indicate positive sentiment, they are not a direct recommendation. Investors often track these filings for insights into potential trends and company sentiment.

See Also

This instant news alert was generated by automated narrative technology and financial data from Trueearnings and public regulatory filings. It is for informational purposes only and is not financial advice.