Donegal Group (NASDAQ:DGICA) Major Shareholder Mutual Insurance Co Donegal Acquires 22,819 Shares

December 13, 2025 by InsiderTrades.com

Key Points

Mutual Insurance Co Donegal bought 22,819 shares of Donegal Group on Dec. 10 at $20.05 per share for $457,520.95, raising its holding to 13,913,704 shares (about $278.97M), a 0.16% increase in ownership.
The insider has been steadily accumulating stock — roughly 188,438 shares purchased between Nov. 17 and Dec. 10 for an aggregate cost of about $3.64 million — signaling ongoing insider buying activity.
Donegal Group fundamentals: market cap ~ $746M, P/E 8.41, recent quarter beat EPS ($0.52 vs. $0.37 consensus), and a quarterly dividend that annualizes to $0.73 for a ~3.6% yield.

Donegal Group, Inc. (NASDAQ:DGICA - Get Free Report) major shareholder Mutual Insurance Co Donegal purchased 22,819 shares of Donegal Group stock in a transaction on Wednesday, December 10th. The shares were purchased at an average cost of $20.05 per share, with a total value of $457,520.95. Following the transaction, the insider owned 13,913,704 shares in the company, valued at approximately $278,969,765.20. The trade was a 0.16% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Major shareholders that own 10% or more of a company's stock are required to disclose their transactions with the SEC.

5 Undervalued Stocks To Secure Your High Yield Portfolio

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

On Tuesday, December 9th, Mutual Insurance Co Donegal acquired 28,000 shares of Donegal Group stock. The stock was acquired at an average price of $19.81 per share, for a total transaction of $554,680.00.
On Monday, December 8th, Mutual Insurance Co Donegal acquired 27,524 shares of Donegal Group stock. The stock was acquired at an average cost of $19.53 per share, for a total transaction of $537,543.72.
On Monday, December 1st, Mutual Insurance Co Donegal bought 15,000 shares of Donegal Group stock. The stock was acquired at an average cost of $20.20 per share, with a total value of $303,000.00.
On Wednesday, November 26th, Mutual Insurance Co Donegal purchased 5,000 shares of Donegal Group stock. The stock was acquired at an average price of $20.25 per share, for a total transaction of $101,250.00.
On Tuesday, November 25th, Mutual Insurance Co Donegal purchased 8,000 shares of Donegal Group stock. The shares were acquired at an average cost of $20.18 per share, for a total transaction of $161,440.00.
On Friday, November 21st, Mutual Insurance Co Donegal acquired 51,404 shares of Donegal Group stock. The shares were acquired at an average price of $17.86 per share, with a total value of $918,075.44.
On Thursday, November 20th, Mutual Insurance Co Donegal acquired 8,000 shares of Donegal Group stock. The stock was bought at an average price of $19.49 per share, with a total value of $155,920.00.
On Wednesday, November 19th, Mutual Insurance Co Donegal bought 7,587 shares of Donegal Group stock. The shares were bought at an average price of $19.62 per share, for a total transaction of $148,856.94.
On Tuesday, November 18th, Mutual Insurance Co Donegal purchased 7,104 shares of Donegal Group stock. The shares were bought at an average cost of $19.84 per share, with a total value of $140,943.36.
On Monday, November 17th, Mutual Insurance Co Donegal purchased 8,000 shares of Donegal Group stock. The stock was bought at an average price of $19.91 per share, with a total value of $159,280.00.

Donegal Group Stock Up 0.6%

NASDAQ:DGICA opened at $20.36 on Friday. Donegal Group, Inc. has a twelve month low of $14.17 and a twelve month high of $21.12. The firm has a market capitalization of $745.99 million, a price-to-earnings ratio of 8.41 and a beta of 0.04. The company has a quick ratio of 0.39, a current ratio of 0.39 and a debt-to-equity ratio of 0.06. The stock's 50 day moving average price is $19.51 and its two-hundred day moving average price is $18.95.

Donegal Group (NASDAQ:DGICA - Get Free Report) last released its quarterly earnings data on Thursday, October 30th. The insurance provider reported $0.52 EPS for the quarter, beating the consensus estimate of $0.37 by $0.15. The company had revenue of $245.92 million during the quarter, compared to the consensus estimate of $244.19 million. Donegal Group had a return on equity of 14.28% and a net margin of 8.72%. Equities research analysts expect that Donegal Group, Inc. will post 1.2 earnings per share for the current fiscal year.

Donegal Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, November 17th. Shareholders of record on Monday, November 3rd were paid a $0.1825 dividend. The ex-dividend date was Monday, November 3rd. This represents a $0.73 dividend on an annualized basis and a yield of 3.6%. Donegal Group's dividend payout ratio (DPR) is currently 30.17%.

Wall Street Analysts Forecast Growth

DGICA has been the topic of several recent analyst reports. Weiss Ratings restated a "buy (b)" rating on shares of Donegal Group in a research note on Wednesday, October 8th. Janney Montgomery Scott upgraded Donegal Group from a "neutral" rating to a "buy" rating in a report on Tuesday, September 2nd. Finally, Zacks Research upgraded Donegal Group from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, September 3rd. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus price target of $18.00.

Read Our Latest Stock Analysis on DGICA

Institutional Trading of Donegal Group

A number of hedge funds have recently modified their holdings of the stock. State of Alaska Department of Revenue acquired a new position in Donegal Group in the 3rd quarter valued at about $26,000. Versant Capital Management Inc lifted its position in Donegal Group by 79.1% during the third quarter. Versant Capital Management Inc now owns 3,009 shares of the insurance provider's stock worth $58,000 after acquiring an additional 1,329 shares during the last quarter. Allworth Financial LP boosted its holdings in shares of Donegal Group by 477.2% during the second quarter. Allworth Financial LP now owns 2,961 shares of the insurance provider's stock worth $59,000 after acquiring an additional 2,448 shares during the period. EverSource Wealth Advisors LLC boosted its holdings in shares of Donegal Group by 422.6% during the second quarter. EverSource Wealth Advisors LLC now owns 3,679 shares of the insurance provider's stock worth $74,000 after acquiring an additional 2,975 shares during the period. Finally, Tower Research Capital LLC TRC grew its position in shares of Donegal Group by 443.9% in the second quarter. Tower Research Capital LLC TRC now owns 4,928 shares of the insurance provider's stock valued at $99,000 after purchasing an additional 4,022 shares during the last quarter. Institutional investors and hedge funds own 27.96% of the company's stock.

Donegal Group Company Profile

(Get Free Report)

Donegal Group Inc, an insurance holding company, provides property and casualty insurance to businesses and individuals. It operates through three segments: Investment Function, Personal Lines of Insurance, and Commercial Lines of Insurance. The company offers private passenger automobile policies that provide protection against liability for bodily injury and property damage arising from automobile accidents, as well as protection against loss from damage to automobiles; and homeowners policies, which provide coverage for damage to residences and their contents from a range of perils, including fire, lightning, windstorm, and theft, as well as liability of the insured arising from injury to other persons or their property.