Donegal Group (NASDAQ:DGICA) Major Shareholder Acquires $147,900.00 in Stock

Posted by Francis Steltz on May 26th, 2026

Donegal Group, Inc. (NASDAQ:DGICA – Get Free Report) major shareholder Mutual Insurance Co Donegal purchased 8,500 shares of the firm’s stock in a transaction that occurred on Friday, May 22nd. The stock was bought at an average cost of $17.40 per share, for a total transaction of $147,900.00. Following the purchase, the insider owned 14,056,109 shares in the company, valued at $244,576,296.60. This represents a 0.06% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

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

On Wednesday, May 20th, Mutual Insurance Co Donegal purchased 8,500 shares of Donegal Group stock. The stock was bought 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 bought 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 shares were purchased at an average cost of $17.33 per share, with a total value of $147,305.00.
On Friday, May 15th, Mutual Insurance Co Donegal purchased 8,500 shares of Donegal Group stock. The shares were purchased at an average cost of $17.16 per share, with a total value of $145,860.00.
On Wednesday, May 13th, Mutual Insurance Co Donegal purchased 8,500 shares of Donegal Group stock. The shares were purchased at an average cost of $16.86 per share, with a total value of $143,310.00.
On Monday, May 11th, Mutual Insurance Co Donegal purchased 8,500 shares of Donegal Group stock. The shares were purchased at an average cost of $17.18 per share, with a total value of $146,030.00.
On Friday, May 8th, Mutual Insurance Co Donegal purchased 8,077 shares of Donegal Group stock. The shares were purchased at an average cost of $17.13 per share, with a total value of $138,359.01.
On Thursday, May 7th, Mutual Insurance Co Donegal purchased 8,500 shares of Donegal Group stock. The shares were purchased at an average cost of $17.06 per share, with a total value of $145,010.00.
On Tuesday, May 5th, Mutual Insurance Co Donegal purchased 8,500 shares of Donegal Group stock. The shares were purchased at an average cost of $16.50 per share, with a total value of $140,250.00.
On Tuesday, March 3rd, Mutual Insurance Co Donegal purchased 9,000 shares of Donegal Group stock. The shares were purchased at an average cost of $17.63 per share, with a total value of $158,670.00.

Donegal Group Price Performance

DGICA stock traded up $0.08 during trading on Tuesday, hitting $17.42. 75,846 shares of the stock traded hands, compared to its average volume of 118,977. Donegal Group, Inc. has a one year low of $16.11 and a one year high of $21.06. The stock has a market cap of $645.41 million, a price-to-earnings ratio of 9.73 and a beta of 0.01. The company has a 50 day simple moving average of $17.24 and a 200 day simple moving average of $18.49. The company has a current ratio of 0.39, a quick ratio of 0.39 and a debt-to-equity ratio of 0.05.

Donegal Group (NASDAQ:DGICA – Get Free Report) last announced its quarterly earnings results on Thursday, April 30th. The insurance provider reported $0.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by ($0.08). Donegal Group had a net margin of 6.77% and a return on equity of 10.31%. The firm had revenue of $236.00 million for the quarter, compared to the consensus estimate of $247.83 million. Equities analysts expect that Donegal Group, Inc. will post 1.7 EPS for the current fiscal year.

Donegal Group Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, May 1st were paid a $0.1925 dividend. This is a boost from Donegal Group’s previous quarterly dividend of $0.18. This represents a $0.77 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date of this dividend was Friday, May 1st. Donegal Group’s payout ratio is presently 43.02%.

Analyst Ratings Changes

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

Check Out Our Latest Stock Report on DGICA

Hedge Funds Weigh In On Donegal Group

A number of institutional investors have recently modified their holdings of the stock. Dimensional Fund Advisors LP raised its stake in shares of Donegal Group by 0.4% during the first 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. Vanguard Group Inc. raised its stake in shares of Donegal Group by 4.0% during the third quarter. Vanguard Group Inc. now owns 1,008,217 shares of the insurance provider’s stock worth $19,549,000 after buying an additional 39,181 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of Donegal Group by 2.3% during the fourth quarter. Geode Capital Management LLC now owns 534,703 shares of the insurance provider’s stock worth $10,685,000 after buying an additional 11,891 shares during the last quarter. Renaissance Technologies LLC raised its stake in shares of Donegal Group by 5.8% during the first quarter. Renaissance Technologies LLC now owns 392,711 shares of the insurance provider’s stock worth $6,747,000 after buying an additional 21,500 shares during the last quarter. Finally, State Street Corp raised its stake in shares of Donegal Group by 0.8% during the fourth quarter. State Street Corp now owns 391,729 shares of the insurance provider’s stock worth $7,827,000 after buying an additional 3,290 shares during the last quarter. 27.96% of the stock is owned by institutional investors.

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.