2 weeks Ago By ABMN Staff
Bank of New York Mellon Corp bought a new position in Hagerty, Inc. ( NYSE:HGTY – Free Report ) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 18,827 shares of the company’s stock, valued at approximately $182,000.
Several other hedge funds and other institutional investors have also modified their holdings of HGTY. R Squared Ltd bought a new stake in Hagerty in the fourth quarter valued at $51,000. Barclays PLC lifted its holdings in shares of Hagerty by 23.
0% during the third quarter. Barclays PLC now owns 31,675 shares of the company’s stock valued at $321,000 after acquiring an additional 5,932 shares during the period. FMR LLC boosted its stake in shares of Hagerty by 25,769.
2% in the 3rd quarter. FMR LLC now owns 6,726 shares of the company’s stock valued at $68,000 after purchasing an additional 6,700 shares in the last quarter. PDT Partners LLC bought a new stake in shares of Hagerty in the 3rd quarter worth about $185,000.
Finally, Blue Trust Inc. increased its position in shares of Hagerty by 188.6% during the 4th quarter.
Blue Trust Inc. now owns 30,423 shares of the company’s stock worth $309,000 after purchasing an additional 19,881 shares in the last quarter. Institutional investors own 20.
51% of the company’s stock. Hagerty Trading Down 4.0 % HGTY stock opened at $8.
96 on Friday. The business has a fifty day moving average price of $9.74 and a 200 day moving average price of $10.
36. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.
01 and a quick ratio of 1.01. Hagerty, Inc.
has a fifty-two week low of $8.30 and a fifty-two week high of $12.35.
The stock has a market capitalization of $3.05 billion, a price-to-earnings ratio of 81.41 and a beta of 0.
84. Wall Street Analysts Forecast Growth View Our Latest Research Report on Hagerty Insider Transactions at Hagerty In related news, Director Robert I. Kauffman sold 3,878 shares of Hagerty stock in a transaction dated Monday, December 30th.
The stock was sold at an average price of $9.57, for a total value of $37,112.46.
Following the completion of the transaction, the director now directly owns 4,442,459 shares of the company’s stock, valued at $42,514,332.63. The trade was a 0.
09 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website . Over the last quarter, insiders have sold 115,309 shares of company stock worth $1,115,200.
Insiders own 17.90% of the company’s stock. About Hagerty ( Free Report ) 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. Recommended Stories Want to see what other hedge funds are holding HGTY? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Hagerty, Inc. ( NYSE:HGTY – Free Report ). Receive News & Ratings for Hagerty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hagerty and related companies with MarketBeat.
com's FREE daily email newsletter ..
