Mutual Insurance Co Donegal Buys 10,000 Shares of Donegal Group (NASDAQ:DGICA) Stock

Posted by Francis Steltz on Jun 6th, 2026

Donegal Group, Inc. (NASDAQ:DGICA – Get Free Report) major shareholder Mutual Insurance Co Donegal acquired 10,000 shares of the company’s stock in a transaction dated Wednesday, June 3rd. The shares were bought at an average cost of $16.62 per share, for a total transaction of $166,200.00. Following the completion of the acquisition, the insider directly owned 14,117,109 shares of the company’s stock, valued at approximately $234,626,351.58. The trade was a 0.07% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Large shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

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

On Monday, June 1st, Mutual Insurance Co Donegal purchased 8,500 shares of Donegal Group stock. The stock was acquired at an average cost of $16.76 per share, for a total transaction of $142,460.00.
On Thursday, May 28th, Mutual Insurance Co Donegal purchased 8,500 shares of Donegal Group stock. The stock was acquired at an average cost of $16.98 per share, for a total transaction of $144,330.00.
On Tuesday, May 26th, Mutual Insurance Co Donegal purchased 8,500 shares of Donegal Group stock. The stock was acquired at an average cost of $17.33 per share, for a total transaction of $147,305.00.
On Friday, May 22nd, Mutual Insurance Co Donegal purchased 8,500 shares of Donegal Group stock. The stock was acquired at an average cost of $17.40 per share, for a total transaction of $147,900.00.
On Wednesday, May 20th, Mutual Insurance Co Donegal purchased 8,500 shares of Donegal Group stock. The stock was acquired at an average cost of $17.43 per share, for a total transaction of $148,155.00.
On Tuesday, May 19th, Mutual Insurance Co Donegal purchased 8,328 shares of Donegal Group stock. The stock was acquired at an average cost of $17.48 per share, for a total transaction of $145,573.44.
On Monday, May 18th, Mutual Insurance Co Donegal purchased 8,500 shares of Donegal Group stock. The stock was acquired at an average cost of $17.33 per share, for a total transaction of $147,305.00.
On Friday, May 15th, Mutual Insurance Co Donegal purchased 8,500 shares of Donegal Group stock. The stock was acquired at an average cost of $17.16 per share, for a total transaction of $145,860.00.
On Wednesday, May 13th, Mutual Insurance Co Donegal purchased 8,500 shares of Donegal Group stock. The stock was acquired at an average cost of $16.86 per share, for a total transaction of $143,310.00.
On Monday, May 11th, Mutual Insurance Co Donegal purchased 8,500 shares of Donegal Group stock. The stock was acquired at an average cost of $17.18 per share, for a total transaction of $146,030.00.

Donegal Group Price Performance

NASDAQ:DGICA opened at $17.24 on Friday. Donegal Group, Inc. has a one year low of $16.11 and a one year high of $21.06. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.39 and a current ratio of 0.39. The firm has a market cap of $638.74 million, a price-to-earnings ratio of 9.63 and a beta of 0.01. The firm’s fifty day moving average is $17.23 and its two-hundred day moving average is $18.34.

Donegal Group (NASDAQ:DGICA – Get Free Report) last posted its quarterly earnings results on Thursday, April 30th. The insurance provider reported $0.32 EPS for the quarter, missing the consensus estimate of $0.40 by ($0.08). The business had revenue of $236.00 million during the quarter, compared to analysts’ expectations of $247.83 million. Donegal Group had a net margin of 6.77% and a return on equity of 10.31%. Research analysts expect that Donegal Group, Inc. will post 1.75 EPS for the current year.

Donegal Group Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, May 1st were given a $0.1925 dividend. This represents a $0.77 dividend on an annualized basis and a dividend yield of 4.5%. This is an increase from Donegal Group’s previous quarterly dividend of $0.18. The ex-dividend date was Friday, May 1st. Donegal Group’s payout ratio is currently 43.02%.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of DGICA. AQR Capital Management LLC raised its position in shares of Donegal Group by 139.8% during the 1st quarter. AQR Capital Management LLC now owns 39,413 shares of the insurance provider’s stock worth $774,000 after purchasing an additional 22,978 shares during the last quarter. Goldman Sachs Group Inc. raised its position in shares of Donegal Group by 7.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 109,791 shares of the insurance provider’s stock worth $2,155,000 after purchasing an additional 8,004 shares during the last quarter. Empowered Funds LLC raised its position in shares of Donegal Group by 1.9% during the 1st quarter. Empowered Funds LLC now owns 91,814 shares of the insurance provider’s stock worth $1,802,000 after purchasing an additional 1,696 shares during the last quarter. Jane Street Group LLC acquired a new position in shares of Donegal Group during the 1st quarter worth about $689,000. Finally, Rhumbline Advisers raised its position in shares of Donegal Group by 22.3% during the 2nd quarter. Rhumbline Advisers now owns 32,824 shares of the insurance provider’s stock worth $657,000 after purchasing an additional 5,981 shares during the last quarter. Institutional investors and hedge funds own 27.96% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on DGICA. Keefe, Bruyette & Woods decreased their price objective on shares of Donegal Group from $19.00 to $18.00 and set a “market perform” rating for the company in a research report on Friday, May 1st. Weiss Ratings downgraded shares of Donegal Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, May 11th. One equities research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, Donegal Group currently has an average rating of “Hold” and a consensus target price of $18.00.

Get Our Latest Stock Analysis on DGICA

Donegal Group Company Profile

(Get Free Report)

Donegal Group, Inc (NASDAQ: DGICA) is a property and casualty insurance holding company headquartered in Marietta, Pennsylvania. Through a network of independent agencies, the company offers a suite of personal and commercial insurance products. Its underwriting subsidiaries provide homeowners, automobile, farmowner, commercial multi-peril, surety and umbrella coverages designed to meet the needs of individuals, families and businesses.

The company’s origins date back to 1925 with the formation of Donegal Mutual Insurance Company to serve rural communities in Pennsylvania.