Donegal Group (NASDAQ:DGICA) Major Shareholder Mutual Insurance Co Donegal Buys 18,000 Shares of Stock

Posted by Brenda Bartman on Aug 8th, 2026

Donegal Group, Inc. (NASDAQ:DGICA – Get Free Report) major shareholder Mutual Insurance Co Donegal acquired 18,000 shares of the company’s stock in a transaction on Thursday, August 6th. The stock was bought at an average price of $19.67 per share, for a total transaction of $354,060.00. Following the purchase, the insider owned 14,154,691 shares in the company, valued at approximately $278,422,771.97. This trade represents a 0.13% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 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 Friday, June 12th, Mutual Insurance Co Donegal bought 9,682 shares of Donegal Group stock. The stock was bought at an average price of $17.62 per share, with a total value of $170,596.84.
On Thursday, June 11th, Mutual Insurance Co Donegal bought 9,900 shares of Donegal Group stock. The shares were bought at an average cost of $17.56 per share, with a total value of $173,844.00.
On Wednesday, June 3rd, Mutual Insurance Co Donegal purchased 10,000 shares of Donegal Group stock. The shares were bought at an average price of $16.62 per share, for a total transaction of $166,200.00.
On Monday, June 1st, Mutual Insurance Co Donegal purchased 8,500 shares of Donegal Group stock. The stock was bought 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 acquired 8,500 shares of Donegal Group stock. The shares were purchased at an average price of $16.98 per share, with a total value of $144,330.00.
On Tuesday, May 26th, Mutual Insurance Co Donegal acquired 8,500 shares of Donegal Group stock. The shares were purchased at an average price of $17.33 per share, with a total value of $147,305.00.
On Friday, May 22nd, Mutual Insurance Co Donegal purchased 8,500 shares of Donegal Group stock. The stock was purchased at an average cost of $17.40 per share, with a total value of $147,900.00.
On Wednesday, May 20th, Mutual Insurance Co Donegal acquired 8,500 shares of Donegal Group stock. The stock was purchased at an average price of $17.43 per share, for a total transaction of $148,155.00.
On Tuesday, May 19th, Mutual Insurance Co Donegal acquired 8,328 shares of Donegal Group stock. The shares were 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 bought 8,500 shares of Donegal Group stock. The stock was acquired at an average price of $17.33 per share, with a total value of $147,305.00.

Donegal Group Stock Performance

DGICA stock opened at $19.24 on Friday. The firm has a 50 day moving average of $18.40 and a two-hundred day moving average of $17.90. Donegal Group, Inc. has a 12 month low of $16.11 and a 12 month high of $21.06. The company has a market capitalization of $712.84 million, a price-to-earnings ratio of 9.97 and a beta of -0.01. The company has a quick ratio of 0.39, a current ratio of 0.39 and a debt-to-equity ratio of 0.05.

Donegal Group (NASDAQ:DGICA – Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The insurance provider reported $0.53 earnings per share for the quarter, beating analysts’ consensus estimates of $0.42 by $0.11. Donegal Group had a net margin of 7.38% and a return on equity of 10.65%. The business had revenue of $241.12 million for the quarter, compared to the consensus estimate of $231.53 million. As a group, equities analysts anticipate that Donegal Group, Inc. will post 1.75 EPS for the current fiscal year.

Donegal Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Shareholders of record on Friday, July 31st will be given a $0.1925 dividend. The ex-dividend date of this dividend is Friday, July 31st. This represents a $0.77 dividend on an annualized basis and a dividend yield of 4.0%. Donegal Group’s payout ratio is currently 39.90%.

Analyst Upgrades and Downgrades

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

View Our Latest Stock Analysis on Donegal Group

Institutional Investors Weigh In On Donegal Group

Hedge funds have recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP increased its position in Donegal Group by 0.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,737,266 shares of the insurance provider’s stock valued at $29,846,000 after acquiring an additional 7,345 shares in the last quarter. Vanguard Group Inc. lifted its position 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 purchasing an additional 39,181 shares in the last quarter. Geode Capital Management LLC lifted its position 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 purchasing an additional 11,891 shares in the last quarter. Renaissance Technologies LLC grew 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 valued at $6,747,000 after purchasing an additional 21,500 shares during the last quarter. Finally, State Street Corp grew 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 valued at $7,827,000 after purchasing an additional 3,290 shares during the last quarter. 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.