Key Points
- Insider selling: CEO/insider Kenneth Ahn sold a total of 200,000 shares across Jan. 5–7 (disclosed in an SEC filing) for roughly $2.57 million at average prices around $12.79–$13.08.
- Recent financials: Hagerty reported a quarterly EPS beat ($0.13 vs. $0.09 consensus) and revenue of $359.0M, while trading with a market cap of $4.49B and a P/E of 46.86.
- Analyst and market outlook: Analysts have an average rating of "Moderate Buy" with a consensus target of $14.13, and the company cites continued momentum in the classic‑car market as a tailwind for long‑term growth.
Hagerty, Inc. (NYSE:HGTY - Get Free Report) insider Kenneth Ahn sold 10,883 shares of the firm's stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of $12.85, for a total value of $139,846.55. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Kenneth Ahn also recently made the following trade(s):
- On Monday, January 5th, Kenneth Ahn sold 164,870 shares of Hagerty stock. The shares were sold at an average price of $12.79, for a total value of $2,108,687.30.
- On Wednesday, January 7th, Kenneth Ahn sold 24,247 shares of Hagerty stock. The shares were sold at an average price of $13.08, for a total value of $317,150.76.
Hagerty Stock Performance
HGTY opened at $13.12 on Thursday. Hagerty, Inc. has a 12-month low of $8.03 and a 12-month high of $14.00. The company has a market cap of $4.49 billion, a price-to-earnings ratio of 46.86 and a beta of 0.89. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.17. The company's 50 day moving average is $12.94 and its 200 day moving average is $11.76.
Hagerty (NYSE:HGTY - Get Free Report) last issued its quarterly earnings results on Tuesday, November 4th. The company reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.09 by $0.04. Hagerty had a net margin of 5.85% and a return on equity of 16.85%. The business had revenue of $359.01 million for the quarter, compared to analysts' expectations of $354.36 million. On average, equities research analysts predict that Hagerty, Inc. will post 0.22 EPS for the current year.
Hedge Funds Weigh In On Hagerty
Institutional investors have recently bought and sold shares of the stock. Goldman Sachs Group Inc. increased its holdings in shares of Hagerty by 24.9% in the first quarter. Goldman Sachs Group Inc. now owns 37,383 shares of the company's stock worth $338,000 after purchasing an additional 7,459 shares during the last quarter. Lincoln Capital LLC grew its holdings in shares of Hagerty by 9.4% in the second quarter. Lincoln Capital LLC now owns 607,309 shares of the company's stock valued at $6,140,000 after purchasing an additional 52,023 shares in the last quarter. KLP Kapitalforvaltning AS raised its stake in Hagerty by 228.1% during the second quarter. KLP Kapitalforvaltning AS now owns 10,500 shares of the company's stock valued at $106,000 after purchasing an additional 7,300 shares in the last quarter. IFP Advisors Inc bought a new position in Hagerty during the second quarter valued at $30,000. Finally, Scholtz & Company LLC purchased a new position in shares of Hagerty in the 2nd quarter worth $2,429,000. 20.51% of the stock is owned by hedge funds and other institutional investors.
Key Headlines Impacting Hagerty
Here are the key news stories impacting Hagerty this week:
- Positive Sentiment: Company/market outlook — Hagerty highlights continued momentum in the classic-car market heading into 2026; sustained collector demand supports Hagerty’s insurance, valuation and marketplace businesses, which is a fundamental tailwind for long-term revenue growth. Article Title
- Positive Sentiment: High-end collectible auctions — a Michael Schumacher F1 car is being offered in a major January sale, an example of continued interest and price discovery in the collectibles market that can increase demand for Hagerty’s content, valuation services and high-net-worth insurance clients. Article Title
- Neutral Sentiment: Analyst action — JPMorgan raised its price target from $12 to $13 but kept a "neutral" rating; this is a modest refresh that provides limited near-term catalyst (target is roughly in line with current trading). Article Title
- Negative Sentiment: Insider selling — Kenneth Ahn sold a large block of HGTY shares across Jan. 5–7 (c. 200k+ shares total; largest disclosed sale ~164,870 shares at ~$12.79, ~$2.1M). Significant insider sales often create short-term selling pressure and raise investor questions about timing/liquidity needs even if not indicative of company fundamentals. Article Title
Analyst Upgrades and Downgrades
A number of research analysts have recently weighed in on the company. Wells Fargo & Company began coverage on Hagerty in a research report on Friday, October 3rd. They set an "equal weight" rating and a $13.00 price objective on the stock. Weiss Ratings restated a "hold (c+)" rating on shares of Hagerty in a research note on Monday, December 29th. Oppenheimer initiated coverage on shares of Hagerty in a research report on Wednesday, September 17th. They issued an "outperform" rating and a $15.00 price target for the company. Citigroup started coverage on shares of Hagerty in a research report on Wednesday, October 1st. They set an "outperform" rating on the stock. Finally, Citizens Jmp began coverage on shares of Hagerty in a report on Wednesday, October 1st. They issued a "mkt outperform" rating and a $15.00 target price for the company. Five equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $14.13.
Check Out Our Latest Research Report on HGTY
Hagerty Company Profile
(
Get 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.
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