Donegal Group (NASDAQ:DGICA) Major Shareholder Mutual Insurance Co Donegal Purchases 9,257 Shares of Stock

September 3, 2026 by InsiderTrades.com

Key Points

Mutual Insurance Co Donegal purchased 9,257 shares of Donegal Group at an average price of $19.17, investing $177,456.69. The major shareholder now owns 14.27 million shares valued at approximately $273.6 million and has made several additional purchases in recent weeks.
Donegal Group shares opened at $19.35, with a market capitalization of $1.28 billion and a price-to-earnings ratio of 10.03. The insurer recently reported quarterly EPS of $0.53, beating analyst expectations of $0.42, while revenue also exceeded estimates.
The company pays a quarterly dividend of $0.1925 per share, equivalent to a $0.77 annualized dividend and a 4.0% yield. Analysts maintain a consensus “Hold” rating with a $20.00 price target.

Donegal Group, Inc. (NASDAQ:DGICA - Get Free Report) major shareholder Mutual Insurance Co Donegal acquired 9,257 shares of Donegal Group stock in a transaction on Tuesday, September 1st. The shares were bought at an average cost of $19.17 per share, for a total transaction of $177,456.69. Following the completion of the transaction, the insider owned 14,272,971 shares in the company, valued at approximately $273,612,854.07. This trade represents a 0.06% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Large shareholders that own 10% or more of a company's shares are required to disclose their transactions with the SEC.

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

On Monday, August 31st, Mutual Insurance Co Donegal bought 10,000 shares of Donegal Group stock. The stock was bought at an average cost of $19.18 per share, with a total value of $191,800.00.
On Thursday, August 27th, Mutual Insurance Co Donegal bought 10,000 shares of Donegal Group stock. The shares were bought 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 purchased 9,508 shares of Donegal Group stock. The shares were bought at an average price of $19.11 per share, for a total transaction of $181,697.88.
On Monday, August 24th, Mutual Insurance Co Donegal purchased 10,000 shares of Donegal Group stock. The stock was bought 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 acquired 10,000 shares of Donegal Group stock. The stock was bought at an average price of $18.68 per share, with a total value of $186,800.00.
On Thursday, August 20th, Mutual Insurance Co Donegal acquired 9,815 shares of Donegal Group stock. The stock was bought at an average price of $18.66 per share, with a total value of $183,147.90.
On Wednesday, August 19th, Mutual Insurance Co Donegal acquired 9,700 shares of Donegal Group stock. The shares were purchased at an average cost of $18.61 per share, for a total transaction of $180,517.00.
On Monday, August 17th, Mutual Insurance Co Donegal bought 10,000 shares of Donegal Group stock. The shares were purchased at an average price of $18.52 per share, for a total transaction of $185,200.00.
On Thursday, August 6th, Mutual Insurance Co Donegal purchased 18,000 shares of Donegal Group stock. The shares were purchased at an average price of $19.67 per share, for a total transaction of $354,060.00.
On Friday, June 12th, Mutual Insurance Co Donegal bought 9,682 shares of Donegal Group stock. The shares were acquired at an average price of $17.62 per share, for a total transaction of $170,596.84.

Donegal Group Stock Up 0.9%

Shares of Donegal Group stock opened at $19.35 on Thursday. Donegal Group, Inc. has a 1 year low of $16.11 and a 1 year high of $21.06. The firm has a market cap of $1.28 billion, a price-to-earnings ratio of 10.03 and a beta of -0.01. The company has a 50-day moving average of $18.94 and a 200 day moving average of $17.91. 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 (NASDAQ:DGICA - Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The insurance provider reported $0.53 EPS for the quarter, topping the consensus estimate of $0.42 by $0.11. The business had revenue of $241.12 million for the quarter, compared to analyst estimates of $231.53 million. Donegal Group had a net margin of 7.38% and a return on equity of 10.65%. As a group, sell-side analysts anticipate that Donegal Group, Inc. will post 1.75 earnings per share for the current fiscal year.

Donegal Group Dividend Announcement

The firm also recently announced 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. This represents a $0.77 annualized dividend and a dividend yield of 4.0%. The ex-dividend date was Friday, July 31st. Donegal Group's dividend payout ratio (DPR) is presently 39.90%.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. Weiss Ratings upgraded Donegal Group from a "buy (b-)" rating to a "buy (b)" rating in a research note on Friday, August 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 note on Wednesday, July 8th. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, Donegal Group presently has a consensus rating of "Hold" and a consensus target price of $20.00.

Read Our Latest Report on Donegal Group

Institutional Trading of Donegal Group

Institutional investors and hedge funds have recently bought and sold shares of the company. California State Teachers Retirement System raised its holdings in Donegal Group by 1,721.1% in the second quarter. California State Teachers Retirement System now owns 278,204 shares of the insurance provider's stock worth $5,247,000 after buying an additional 262,927 shares during the last quarter. Royce & Associates LP increased its position in shares of Donegal Group by 579.4% during the fourth quarter. Royce & Associates LP now owns 169,853 shares of the insurance provider's stock valued at $3,394,000 after acquiring an additional 144,853 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in Donegal Group by 117.3% in the 4th quarter. Goldman Sachs Group Inc. now owns 236,124 shares of the insurance provider's stock worth $4,718,000 after acquiring an additional 127,470 shares during the last quarter. Two Sigma Investments LP raised its holdings in Donegal Group by 139.8% in the 3rd quarter. Two Sigma Investments LP now owns 152,432 shares of the insurance provider's stock worth $2,956,000 after acquiring an additional 88,878 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its position in Donegal Group by 41.2% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 276,237 shares of the insurance provider's stock valued at $4,746,000 after acquiring an additional 80,614 shares in the last quarter. 27.96% of the stock is currently owned by institutional investors.

Donegal Group Company Profile

(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.