Donegal Group (NASDAQ:DGICA) Major Shareholder Purchases $191,400.00 in Stock

Posted by Francis Steltz on Sep 9th, 2026

Donegal Group, Inc. (NASDAQ:DGICA – Get Free Report) major shareholder Mutual Insurance Co Donegal bought 10,000 shares of the stock in a transaction that occurred on Tuesday, September 8th. The stock was acquired at an average price of $19.14 per share, for a total transaction of $191,400.00. Following the completion of the transaction, the insider owned 14,308,934 shares in the company, valued at $273,872,996.76. This trade represents a 0.07% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Major shareholders that own 10% or more 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 Friday, September 4th, Mutual Insurance Co Donegal purchased 6,368 shares of Donegal Group stock. The shares were acquired at an average price of $19.39 per share, with a total value of $123,475.52.
On Thursday, September 3rd, Mutual Insurance Co Donegal purchased 9,595 shares of Donegal Group stock. The shares were acquired at an average cost of $19.53 per share, for a total transaction of $187,390.35.
On Wednesday, September 2nd, Mutual Insurance Co Donegal acquired 10,000 shares of Donegal Group stock. The stock was bought at an average cost of $19.43 per share, with a total value 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 price of $19.17 per share, with a total value of $177,456.69.
On Monday, August 31st, Mutual Insurance Co Donegal acquired 10,000 shares of Donegal Group stock. The shares were bought at an average price of $19.18 per share, for a total transaction of $191,800.00.
On Thursday, August 27th, Mutual Insurance Co Donegal bought 10,000 shares of Donegal Group stock. The shares were purchased at an average cost of $18.95 per share, for a total transaction of $189,500.00.
On Wednesday, August 26th, Mutual Insurance Co Donegal acquired 9,508 shares of Donegal Group stock. The stock was purchased 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 acquired at an average cost of $19.06 per share, with a total value of $190,600.00.
On Friday, August 21st, Mutual Insurance Co Donegal bought 10,000 shares of Donegal Group stock. The shares were acquired at an average cost of $18.68 per share, with a total value of $186,800.00.
On Thursday, August 20th, Mutual Insurance Co Donegal bought 9,815 shares of Donegal Group stock. The shares were acquired at an average price of $18.66 per share, with a total value of $183,147.90.

Donegal Group Price Performance

Shares of DGICA traded down $0.17 during trading hours on Wednesday, hitting $18.83. 36,860 shares of the company were exchanged, compared to its average volume of 125,723. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.39 and a quick ratio of 0.39. Donegal Group, Inc. has a one year low of $16.11 and a one year high of $21.06. The company has a market capitalization of $1.24 billion, a PE ratio of 9.76 and a beta of -0.01. The firm has a fifty day simple moving average of $19.00 and a 200-day simple moving average of $17.93.

Donegal Group (NASDAQ:DGICA – Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The insurance provider reported $0.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.11. The firm had revenue of $241.12 million for the quarter, compared to the consensus estimate of $231.53 million. Donegal Group had a return on equity of 10.65% and a net margin of 7.38%. As a group, sell-side analysts predict that Donegal Group, Inc. will post 1.75 earnings per share for the current year.

Donegal Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, August 14th. Stockholders of record on Friday, July 31st were issued a dividend of $0.1925 per share. The ex-dividend date was Friday, July 31st. This represents a $0.77 dividend on an annualized basis and a dividend yield of 4.1%. Donegal Group’s payout ratio is currently 39.90%.

Hedge Funds Weigh In On Donegal Group

Several institutional investors have recently bought and sold shares of DGICA. Smartleaf Asset Management LLC lifted its position in shares of Donegal Group by 576.6% in the fourth quarter. Smartleaf Asset Management LLC now owns 2,747 shares of the insurance provider’s stock worth $55,000 after buying an additional 2,341 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of Donegal Group by 422.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,679 shares of the insurance provider’s stock valued at $74,000 after acquiring an additional 2,975 shares during the last quarter. IFP Advisors Inc raised its stake in shares of Donegal Group by 1,377.6% in the 4th quarter. IFP Advisors Inc now owns 3,768 shares of the insurance provider’s stock valued at $75,000 after acquiring an additional 3,513 shares in the last quarter. CANADA LIFE ASSURANCE Co raised its stake in shares of Donegal Group by 31.6% in the 4th quarter. CANADA LIFE ASSURANCE Co now owns 3,733 shares of the insurance provider’s stock valued at $75,000 after acquiring an additional 896 shares in the last quarter. Finally, Tower Research Capital LLC TRC lifted its holdings in Donegal Group by 443.9% in the 2nd quarter. Tower Research Capital LLC TRC now owns 4,928 shares of the insurance provider’s stock worth $99,000 after purchasing an additional 4,022 shares during the last quarter. 27.96% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on DGICA. Keefe, Bruyette & Woods increased their price target on shares of 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 “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, August 28th. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, Donegal Group currently has an average rating of “Hold” and a consensus price target of $20.00.

Check Out Our Latest Stock Analysis on Donegal Group

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.