Renaissance Technologies LLC Has $1.66 Million Holdings in Hagerty, Inc. $HGTY

Posted by Brian Himes on Aug 12th, 2026

Renaissance Technologies LLC grew its stake in Hagerty, Inc. (NYSE:HGTY – Free Report) by 79.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 157,668 shares of the company’s stock after acquiring an additional 69,700 shares during the period. Renaissance Technologies LLC’s holdings in Hagerty were worth $1,660,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of HGTY. Osaic Holdings Inc. grew its stake in shares of Hagerty by 2,374.5% during the second quarter. Osaic Holdings Inc. now owns 4,949 shares of the company’s stock valued at $50,000 after purchasing an additional 4,749 shares during the last quarter. BNP Paribas Financial Markets raised its position in Hagerty by 165.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 5,131 shares of the company’s stock worth $62,000 after purchasing an additional 3,197 shares during the last quarter. Bank of America Corp DE raised its position in Hagerty by 46.6% in the 2nd quarter. Bank of America Corp DE now owns 8,571 shares of the company’s stock worth $87,000 after purchasing an additional 2,726 shares during the last quarter. Los Angeles Capital Management LLC acquired a new position in Hagerty during the 4th quarter worth $98,000. Finally, Schonfeld Strategic Advisors LLC acquired a new position in Hagerty during the 3rd quarter worth $155,000. 20.51% of the stock is currently owned by institutional investors and hedge funds.

Hagerty Trading Down 2.6%

Shares of NYSE HGTY opened at $12.78 on Wednesday. Hagerty, Inc. has a fifty-two week low of $9.36 and a fifty-two week high of $14.00. The firm has a market capitalization of $4.39 billion, a P/E ratio of 142.02 and a beta of 0.79. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.53 and a quick ratio of 1.53. The company’s 50 day simple moving average is $11.67 and its 200 day simple moving average is $11.25.

Hagerty (NYSE:HGTY – Get Free Report) last released its earnings results on Wednesday, August 5th. The company reported ($0.02) EPS for the quarter, topping analysts’ consensus estimates of ($0.09) by $0.07. The firm had revenue of $354.82 million during the quarter, compared to analyst estimates of $316.21 million. Hagerty had a net margin of 1.81% and a return on equity of 5.15%. On average, analysts predict that Hagerty, Inc. will post -0.1 EPS for the current year.

Insider Activity

In related news, CAO Kevin M. Delaney sold 9,440 shares of Hagerty stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $12.10, for a total transaction of $114,224.00. Following the completion of the sale, the chief accounting officer directly owned 89,610 shares of the company’s stock, valued at $1,084,281. The trade was a 9.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 13,458 shares of company stock valued at $163,227. 3.70% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. Truist Financial lifted their target price on Hagerty from $11.00 to $13.00 and gave the company a “hold” rating in a research note on Friday, August 7th. Wall Street Zen raised Hagerty from a “sell” rating to a “hold” rating in a research note on Saturday, July 4th. Wells Fargo & Company raised their price target on Hagerty from $11.00 to $13.00 and gave the company an “equal weight” rating in a report on Thursday, July 9th. Weiss Ratings upgraded Hagerty from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, June 17th. Finally, JPMorgan Chase & Co. lifted their price objective on Hagerty from $12.00 to $13.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 14th. Four analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, Hagerty presently has an average rating of “Hold” and a consensus target price of $14.00.

Check Out Our Latest Analysis on Hagerty

Hagerty Profile

(Free Report)

Hagerty is a specialized automotive lifestyle and insurance company that caters primarily to collectible car enthusiasts. Its core business centers on offering classic vehicle insurance policies designed to protect antique, vintage and specialty automobiles, motorcycles and boats. These policies typically feature agreed-value coverage, flexible usage options and access to restoration services, aligning with the unique needs of collectors and hobbyists.

Beyond insurance, Hagerty operates a comprehensive suite of community and content services under its automotive lifestyle brand.