Noland Rone Deas, Jr. Sells 24,000 Shares of Donegal Group (NASDAQ:DGICA) Stock

Posted by Stanley Muller on Aug 5th, 2026

Donegal Group, Inc. (NASDAQ:DGICA – Get Free Report) SVP Noland Rone Deas, Jr. sold 24,000 shares of Donegal Group stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $19.47, for a total transaction of $467,280.00. Following the transaction, the senior vice president directly owned 3,523 shares in the company, valued at approximately $68,592.81. This represents a 87.20% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Donegal Group Price Performance

NASDAQ DGICA traded up $0.05 on Wednesday, hitting $19.51. The stock had a trading volume of 5,278 shares, compared to its average volume of 127,104. Donegal Group, Inc. has a 52-week low of $16.11 and a 52-week high of $21.06. The firm has a 50-day moving average of $18.25 and a 200-day moving average of $17.89. 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 company has a market capitalization of $722.85 million, a price-to-earnings ratio of 10.11 and a beta of -0.01.

Donegal Group (NASDAQ:DGICA – Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The insurance provider reported $0.53 earnings per share for the quarter, topping the consensus estimate of $0.42 by $0.11. The business had revenue of $241.12 million during the quarter, compared to the consensus estimate of $231.53 million. Donegal Group had a net margin of 7.38% and a return on equity of 10.77%. Equities analysts expect that Donegal Group, Inc. will post 1.75 EPS for the current year.

Donegal Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 14th. Investors of record on Friday, July 31st will be given a dividend of $0.1925 per share. This represents a $0.77 annualized dividend and a yield of 3.9%. The ex-dividend date is Friday, July 31st. Donegal Group’s payout ratio is 39.90%.

Wall Street Analyst Weigh In

DGICA has been the subject of a number of analyst reports. Keefe, Bruyette & Woods upped their price target on Donegal Group from $18.00 to $20.00 and gave the stock a “market perform” rating in a research report on Wednesday, July 8th. Weiss Ratings upgraded Donegal Group from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, July 28th. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $20.00.

Read Our Latest Analysis on Donegal Group

Institutional Investors Weigh In On Donegal Group

A number of hedge funds have recently modified their holdings of the company. Royce & Associates LP lifted its holdings in shares of Donegal Group by 579.4% in the 4th quarter. Royce & Associates LP now owns 169,853 shares of the insurance provider’s stock worth $3,394,000 after acquiring an additional 144,853 shares during the last quarter. Goldman Sachs Group Inc. grew its stake 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 purchasing an additional 127,470 shares in the last quarter. Two Sigma Investments LP increased its holdings in shares of Donegal Group by 139.8% in the 3rd quarter. Two Sigma Investments LP now owns 152,432 shares of the insurance provider’s stock valued at $2,956,000 after acquiring an additional 88,878 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in 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 purchasing an additional 80,614 shares in the last quarter. Finally, Qube Research & Technologies Ltd increased its position in shares of Donegal Group by 157.1% during the second quarter. Qube Research & Technologies Ltd now owns 131,574 shares of the insurance provider’s stock worth $2,635,000 after purchasing an additional 80,395 shares in the last quarter. Hedge funds and other institutional investors own 27.96% of the company’s stock.

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.