Donegal Mutual Insurance Co Increases Stake in DGICA
Donegal Mutual Insurance Co added 9,682 shares of DGICA on June 12, 2026.
Key Points
- Donegal Mutual Insurance Co bought 9,682 shares of DGICA at $17.62 each, totaling $170,596.84 on June 12, 2026.
- Shares of DGICA traded at $17.61, with other institutional activities showing mixed changes in holdings.
- Keefe, Bruyette & Woods maintained a 'hold' rating on DGICA with an $18.00 price target on May 1, 2026.
Donegal Mutual Insurance Co made a notable move by purchasing 9,682 shares of DGICA at an average price of $17.62 each on June 12, 2026. This transaction was valued at approximately $170,596.84.
Other Institutional Activity in DGICA
In recent activities, BlackRock, Inc. trimmed its position in DGICA by 105,171 shares, ending with about 1,906,786 shares valued at $32,758,590. Dimensional Fund Advisors LP increased its stake by 7,345 shares, bringing its total to 1,737,266 shares worth approximately $29,846,247. Vanguard Capital Management LLC established a new position with 749,155 shares, valued at around $12,870,483. Geode Capital Management, LLC added 21,249 shares, resulting in a holding of 555,952 shares valued at $9,552,751. Meanwhile, American Century Companies Inc boosted its holdings by 83,759 shares, totaling 395,979 shares worth about $6,802,919.
DGICA Stock Snapshot
Shares of DGICA traded near $17.61. The stock's recent movements reflect various institutional activities, with some funds increasing their positions while others reduced theirs.
Insider Buying and Selling at DGICA
Donegal Mutual Insurance Co was active with multiple purchases recently. On June 12, 2026, they bought 9,682 shares at $17.62 each. The day before, on June 11, they purchased 9,900 shares at $17.56, and on June 3, they acquired 10,000 shares at $16.62. Additionally, they bought 8,500 shares at $17.03 on June 2, 8,500 shares at $16.76 on June 1, and another 8,500 shares at $17.10 on May 29.
Analysts Set New Price Targets
On May 1, 2026, Keefe, Bruyette & Woods maintained their 'hold' rating on DGICA, setting a price target of $18.00. The firm's consistent ratings suggest a steady outlook for the company.
Bottom Line
Donegal Mutual Insurance Co's recent purchase of DGICA shares indicates its continued interest in the company. Institutional activities around DGICA show varied strategies, with some funds increasing and others decreasing their positions. Investors often track such insider transactions and analyst ratings to gauge market sentiment. Remember, these insider transactions are disclosed after the fact and may not reflect current positions.
See Also
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