Mutual Insurance Co Donegal Buys 9,595 Shares of Donegal Group (NASDAQ:DGICA) Stock

Posted by Stanley Muller on Sep 4th, 2026

Donegal Group, Inc. (NASDAQ:DGICA – Get Free Report) major shareholder Mutual Insurance Co Donegal purchased 9,595 shares of the stock in a transaction dated Thursday, September 3rd. The shares were acquired at an average price of $19.53 per share, with a total value of $187,390.35. Following the completion of the acquisition, the insider owned 14,292,566 shares in the company, valued at approximately $279,133,813.98. This trade represents a 0.07% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

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

On Wednesday, September 2nd, Mutual Insurance Co Donegal acquired 10,000 shares of Donegal Group stock. The stock was bought at an average price of $19.43 per share, for a total transaction of $194,300.00.
On Tuesday, September 1st, Mutual Insurance Co Donegal bought 9,257 shares of Donegal Group stock. The stock was bought at an average cost of $19.17 per share, for a total transaction of $177,456.69.
On Monday, August 31st, Mutual Insurance Co Donegal bought 10,000 shares of Donegal Group stock. The shares were bought 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 bought at an average price of $18.95 per share, with a total value of $189,500.00.
On Wednesday, August 26th, Mutual Insurance Co Donegal purchased 9,508 shares of Donegal Group stock. The shares were bought at an average price of $19.11 per share, with a total value of $181,697.88.
On Monday, August 24th, Mutual Insurance Co Donegal purchased 10,000 shares of Donegal Group stock. The stock was bought at an average cost of $19.06 per share, for a total transaction of $190,600.00.
On Friday, August 21st, Mutual Insurance Co Donegal acquired 10,000 shares of Donegal Group stock. The stock was bought at an average price of $18.68 per share, for a total transaction of $186,800.00.
On Thursday, August 20th, Mutual Insurance Co Donegal acquired 9,815 shares of Donegal Group stock. The shares were bought at an average cost of $18.66 per share, with a total value of $183,147.90.
On Wednesday, August 19th, Mutual Insurance Co Donegal bought 9,700 shares of Donegal Group stock. The stock was bought at an average price of $18.61 per share, with a total value of $180,517.00.
On Monday, August 17th, Mutual Insurance Co Donegal bought 10,000 shares of Donegal Group stock. The stock was bought at an average price of $18.52 per share, with a total value of $185,200.00.

Donegal Group Stock Up 0.4%

Shares of NASDAQ DGICA opened at $19.42 on Friday. The company has a quick ratio of 0.39, a current ratio of 0.39 and a debt-to-equity ratio of 0.05. The business’s 50 day moving average is $18.97 and its two-hundred day moving average is $17.91. Donegal Group, Inc. has a 52-week low of $16.11 and a 52-week high of $21.06. The firm has a market cap of $720.87 million, a price-to-earnings ratio of 10.06 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 EPS for the quarter, topping the consensus estimate of $0.42 by $0.11. Donegal Group had a return on equity of 10.65% and a net margin of 7.38%.The business had revenue of $241.12 million during the quarter, compared to analyst estimates of $231.53 million. Research analysts predict that Donegal Group, Inc. will post 1.75 EPS for the current year.

Donegal Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, August 14th. Investors of record on Friday, July 31st were issued a dividend of $0.1925 per share. This represents a $0.77 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date was Friday, July 31st. Donegal Group’s dividend payout ratio (DPR) is 39.90%.

Wall Street Analyst Weigh In

A number of analysts have issued reports on DGICA shares. Weiss Ratings upgraded shares of Donegal Group from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, August 28th. Keefe, Bruyette & Woods raised their price objective on shares of Donegal Group from $18.00 to $20.00 and gave the company a “market perform” rating in a research note on Wednesday, July 8th. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $20.00.

Get Our Latest Research Report on Donegal Group

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of DGICA. California State Teachers Retirement System increased its holdings in Donegal Group by 1,721.1% during the 2nd quarter. California State Teachers Retirement System now owns 278,204 shares of the insurance provider’s stock worth $5,247,000 after purchasing an additional 262,927 shares during the period. Royce & Associates LP grew its position in shares of Donegal Group by 579.4% during the fourth quarter. Royce & Associates LP now owns 169,853 shares of the insurance provider’s stock worth $3,394,000 after buying an additional 144,853 shares in the last quarter. Goldman Sachs Group Inc. grew its position in shares of Donegal Group by 117.3% during the fourth quarter. Goldman Sachs Group Inc. now owns 236,124 shares of the insurance provider’s stock worth $4,718,000 after buying an additional 127,470 shares in the last quarter. Two Sigma Investments LP increased its stake in shares of Donegal Group by 139.8% during the third quarter. Two Sigma Investments LP now owns 152,432 shares of the insurance provider’s stock worth $2,956,000 after buying an additional 88,878 shares during the period. Finally, Arrowstreet Capital Limited Partnership increased its stake in shares of Donegal Group by 41.2% during the first quarter. Arrowstreet Capital Limited Partnership now owns 276,237 shares of the insurance provider’s stock worth $4,746,000 after buying an additional 80,614 shares during the period. 27.96% of the stock is owned by institutional investors and hedge funds.

About Donegal Group

(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.