Mutual Insurance Co Donegal Purchases 6,368 Shares of Donegal Group (NASDAQ:DGICA) Stock

September 10, 2026 by InsiderTrades.com

Key Points

Mutual Insurance Co Donegal purchased 10,000 DGICA shares at an average price of $19.14, investing $191,400. The major shareholder now owns 14.31 million shares valued at approximately $273.9 million.
The purchase extends a series of recent acquisitions totaling more than 90,000 shares since August 20, signaling continued buying by Donegal Group’s largest shareholder.
Donegal Group reported quarterly earnings of $0.53 per share, beating estimates of $0.42, while revenue reached $241.12 million. The company also maintains a quarterly dividend of $0.1925 per share, equivalent to a 4.1% annualized yield.

Donegal Group, Inc. (NASDAQ:DGICA - Get Free Report) major shareholder Mutual Insurance Co Donegal purchased 6,368 shares of the firm's stock in a transaction dated Friday, September 4th. The stock was purchased at an average cost of $19.39 per share, for a total transaction of $123,475.52. Following the acquisition, the insider owned 14,298,934 shares of the company's stock, valued at approximately $277,256,330.26. This trade represents a 0.04% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Major shareholders that own at least 10% 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 Tuesday, September 8th, Mutual Insurance Co Donegal acquired 10,000 shares of Donegal Group stock. The shares were acquired at an average cost of $19.14 per share, with a total value of $191,400.00.
On Thursday, September 3rd, Mutual Insurance Co Donegal bought 9,595 shares of Donegal Group stock. The shares were acquired at an average price of $19.53 per share, with a total value of $187,390.35.
On Wednesday, September 2nd, Mutual Insurance Co Donegal bought 10,000 shares of Donegal Group stock. The stock was acquired at an average price of $19.43 per share, for a total transaction of $194,300.00.
On Tuesday, September 1st, Mutual Insurance Co Donegal purchased 9,257 shares of Donegal Group stock. The stock was acquired at an average cost of $19.17 per share, for a total transaction of $177,456.69.
On Monday, August 31st, Mutual Insurance Co Donegal purchased 10,000 shares of Donegal Group stock. The shares were acquired at an average price of $19.18 per share, with a total value of $191,800.00.
On Thursday, August 27th, Mutual Insurance Co Donegal purchased 10,000 shares of Donegal Group stock. The shares were acquired at an average price of $18.95 per share, with a total value of $189,500.00.
On Wednesday, August 26th, Mutual Insurance Co Donegal acquired 9,508 shares of Donegal Group stock. The shares were acquired at an average cost of $19.11 per share, with a total value of $181,697.88.
On Monday, August 24th, Mutual Insurance Co Donegal acquired 10,000 shares of Donegal Group stock. The stock was bought at an average price of $19.06 per share, for a total transaction of $190,600.00.
On Friday, August 21st, Mutual Insurance Co Donegal bought 10,000 shares of Donegal Group stock. The stock was bought at an average cost of $18.68 per share, for a total transaction of $186,800.00.
On Thursday, August 20th, Mutual Insurance Co Donegal bought 9,815 shares of Donegal Group stock. The shares were bought at an average price of $18.66 per share, with a total value of $183,147.90.

Donegal Group Price Performance

DGICA stock opened at $19.00 on Thursday. The firm has a 50 day simple moving average of $19.00 and a two-hundred day simple moving average of $17.94. The stock has a market cap of $705.28 million, a PE ratio of 9.84 and a beta of -0.01. Donegal Group, Inc. has a one year low of $16.11 and a one year high of $21.06. 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 earnings per share for the quarter, beating the consensus estimate of $0.42 by $0.11. The firm had revenue of $241.12 million for the quarter, compared to analysts' expectations of $231.53 million. Donegal Group had a net margin of 7.38% and a return on equity of 10.65%. On average, analysts predict that Donegal Group, Inc. will post 1.75 EPS for the current fiscal year.

Donegal Group Dividend Announcement

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

Wall Street Analysts Forecast Growth

DGICA has been the topic of a number of research reports. Weiss Ratings raised Donegal Group from a "buy (b-)" rating to a "buy (b)" rating in a report on Friday, August 28th. Keefe, Bruyette & Woods increased their price target on shares of Donegal Group from $18.00 to $20.00 and gave the company a "market perform" rating in a research report on Wednesday, July 8th. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, Donegal Group presently has a consensus rating of "Hold" and an average price target of $20.00.

View Our Latest Research Report on DGICA

Institutional Investors Weigh In On Donegal Group

Institutional investors have recently bought and sold shares of the stock. AQR Capital Management LLC boosted its stake in shares of Donegal Group by 139.8% during the first quarter. AQR Capital Management LLC now owns 39,413 shares of the insurance provider's stock valued at $774,000 after purchasing an additional 22,978 shares during the period. Goldman Sachs Group Inc. increased its stake in shares of Donegal Group by 7.9% in the first quarter. Goldman Sachs Group Inc. now owns 109,791 shares of the insurance provider's stock worth $2,155,000 after buying an additional 8,004 shares during the period. Empowered Funds LLC raised its holdings in Donegal Group by 1.9% during the 1st quarter. Empowered Funds LLC now owns 91,814 shares of the insurance provider's stock valued at $1,802,000 after buying an additional 1,696 shares during the last quarter. Jane Street Group LLC bought a new stake in Donegal Group during the 1st quarter valued at $689,000. Finally, Rhumbline Advisers boosted its position in Donegal Group by 22.3% during the 2nd quarter. Rhumbline Advisers now owns 32,824 shares of the insurance provider's stock valued at $657,000 after buying an additional 5,981 shares during the period. 27.96% of the stock is currently owned by hedge funds and other 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.