Hagerty (NYSE:HGTY - Get Free Report) is anticipated to issue its Q1 2025 quarterly earnings data before the market opens on Wednesday, May 7th. Analysts expect Hagerty to post earnings of $0.02 per share and revenue of $299.92 million for the quarter.
Hagerty Stock Down 0.7 %
NYSE HGTY traded down $0.07 during trading on Monday, hitting $8.99. The stock had a trading volume of 2,543 shares, compared to its average volume of 84,704. Hagerty has a 12 month low of $8.03 and a 12 month high of $12.35. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.01 and a current ratio of 1.01. The company's 50-day moving average price is $9.07 and its two-hundred day moving average price is $9.98. The company has a market capitalization of $3.06 billion, a PE ratio of 81.68 and a beta of 0.88.
Insider Activity at Hagerty
In other Hagerty news, Director Laurie Harris sold 3,934 shares of the firm's stock in a transaction on Friday, April 4th. The stock was sold at an average price of $8.41, for a total value of $33,084.94. Following the sale, the director now owns 30,349 shares of the company's stock, valued at approximately $255,235.09. This trade represents a 11.48 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Robert I. Kauffman sold 8,179 shares of the business's stock in a transaction on Thursday, April 24th. The stock was sold at an average price of $9.10, for a total value of $74,428.90. Following the transaction, the director now directly owns 4,084,967 shares of the company's stock, valued at $37,173,199.70. This trade represents a 0.20 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 68,056 shares of company stock worth $647,606. Corporate insiders own 17.90% of the company's stock.
Wall Street Analyst Weigh In
Separately, JPMorgan Chase & Co. dropped their price target on Hagerty from $11.00 to $10.00 and set a "neutral" rating on the stock in a research note on Tuesday, April 8th.
Check Out Our Latest Report on HGTY
About Hagerty
(
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Hagerty, Inc provides insurance agency services worldwide. It offers motor vehicle and boat insurance products; and reinsurance products. The company provides Hagerty Media, which publishes contents through the Hagerty Drivers Club Magazine (HDC), video content, and social media channels; HDC that offers subscription based products and services, including HDC Magazine, automotive enthusiast events, proprietary vehicle valuation tools, emergency roadside services, and special vehicle-related discounts.
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