Insider Buying: Donegal Group (NASDAQ:DGICA) Major Shareholder Purchases 8,500 Shares of Stock
MarketBeat
Donegal Group, Inc. (NASDAQ:DGICA - Get Free Report) major shareholder Mutual Insurance Co Donegal acquired 8,500 shares of the company's stock in a transaction on Wednesday, May 13th. The shares were purchased at an average cost of $16.86 per share, with a total value of $143,310.00. Following the completion of the purchase, the insider directly owned 13,996,781 shares of the company's stock, valued at $235,985,727.66. This trade represents a 0.06% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Major shareholders that own at least 10% of a company's stock are required to disclose their sales and purchases with the SEC.
NASDAQ:DGICA
