<div id="readability-page-1"><p>Donegal Group, Inc. (NASDAQ:DGICA - Get Free Report) CAO David Benjamin Bawel sold 674 shares of Donegal Group stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $20.39, for a total transaction of $13,742.86. Following the transaction, the chief accounting officer owned 21,336 shares in the company, valued at approximately $435,041.04. This trade represents a 3.06% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.</p><div><p><span></span><span>Get <strong>Donegal Group</strong> alerts:</span></p></div><h2>Donegal Group Trading Up 0.5%</h2><ul><li>5 Undervalued Stocks To Secure Your High Yield Portfolio</li></ul><p>NASDAQ:DGICA traded up $0.11 during trading hours on Monday, hitting $20.47. 3,461 shares of the company were exchanged, compared to its average volume of 129,505. The company has a fifty day simple moving average of $19.51 and a 200 day simple moving average of $18.93. Donegal Group, Inc. has a one year low of $14.17 and a one year high of $21.12. The stock has a market capitalization of $749.87 million, a price-to-earnings ratio of 8.41 and a beta of 0.04. The company has a current ratio of 0.39, a quick ratio of 0.39 and a debt-to-equity ratio of 0.06. </p><p>Donegal Group (NASDAQ:DGICA - Get Free Report) last issued its quarterly earnings data on Thursday, October 30th. The insurance provider reported $0.52 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.37 by $0.15. The company had revenue of $245.92 million during the quarter, compared to the consensus estimate of $244.19 million. Donegal Group had a return on equity of 14.28% and a net margin of 8.72%. Sell-side analysts expect that  Donegal Group, Inc. will post 1.2 EPS for the current fiscal year. </p><h2>Donegal Group Announces Dividend</h2><p>The firm also recently declared a quarterly dividend, which was paid on Monday, November 17th. Shareholders of record on Monday, November 3rd were issued a dividend of $0.1825 per share. This represents a $0.73 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date was Monday, November 3rd. Donegal Group's dividend payout ratio (DPR) is presently 30.17%. </p><h2>Institutional Inflows and Outflows</h2><p>Institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. increased its stake in  Donegal Group by 4.0% in the 3rd quarter. Vanguard Group Inc. now owns 1,008,217 shares of the insurance provider's stock worth $19,549,000 after acquiring an additional 39,181 shares during the last quarter.  Geode Capital Management LLC increased its position in shares of  Donegal Group by 6.6% in the second quarter. Geode Capital Management LLC now owns 409,082 shares of the insurance provider's stock worth $8,193,000 after purchasing an additional 25,259 shares during the last quarter.  Connor Clark &amp; Lunn Investment Management Ltd. raised its stake in  Donegal Group by 33.0% in the second quarter. Connor Clark &amp; Lunn Investment Management Ltd. now owns 356,154 shares of the insurance provider's stock valued at $7,132,000 after purchasing an additional 88,462 shares in the last quarter.  ProShare Advisors LLC lifted its position in  Donegal Group by 5.0% during the third quarter. ProShare Advisors LLC now owns 332,503 shares of the insurance provider's stock valued at $6,447,000 after purchasing an additional 15,765 shares during the last quarter.  Finally, Teacher Retirement System of Texas lifted its position in  Donegal Group by 9.2% during the third quarter. Teacher Retirement System of Texas now owns 208,922 shares of the insurance provider's stock valued at $4,051,000 after purchasing an additional 17,546 shares during the last quarter. Institutional investors own  27.96% of the company's stock. </p><h2>Wall Street Analyst Weigh In</h2><p>Several equities research analysts recently commented on DGICA shares. Weiss Ratings  restated a &#34;buy (b)&#34; rating on shares of Donegal Group in a research report on Wednesday, October 8th. Janney Montgomery Scott upgraded shares of Donegal Group from a &#34;neutral&#34; rating to a &#34;buy&#34; rating in a research note on Tuesday, September 2nd. Finally, Zacks Research upgraded shares of Donegal Group from a &#34;hold&#34; rating to a &#34;strong-buy&#34; rating in a report on Wednesday, September 3rd. One investment analyst  has rated the stock with a Strong Buy rating, two have issued  a Buy rating and one  has issued  a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of &#34;Buy&#34; and an average target price of $18.00.</p><p><b>Check Out Our Latest Stock Analysis on Donegal Group</b></p><h2>Donegal Group Company Profile</h2> (Get Free Report)<p>Donegal Group Inc, an insurance holding company, provides property and casualty insurance to businesses and individuals. It operates through three segments: Investment Function, Personal Lines of Insurance, and Commercial Lines of Insurance. The company offers private passenger automobile policies that provide protection against liability for bodily injury and property damage arising from automobile accidents, as well as protection against loss from damage to automobiles; and homeowners policies, which provide coverage for damage to residences and their contents from a range of perils, including fire, lightning, windstorm, and theft, as well as liability of the insured arising from injury to other persons or their property.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Donegal Group</li><li>What is a Dividend Harvesting Strategy and How Can Investors Profit from it?</li><li>GOOGL's Unstoppable Momentum Drives Price Targets to Record Highs</li><li>What Are Dividend Challengers?</li><li>3 Underrated Robotics Stocks Poised for Huge Gains</li><li>Stock Trading Terms - Stock Terms Every Investor Needs to Know</li><li>Dave &amp; Buster’s Reversal Is in PLAY After Double-Bottom Breakout</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/InsiderTradesChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9REdJQ0E?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/InsiderTradesChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9REdJQ0E"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Donegal Group Right Now?</h2><p>Before you consider Donegal Group, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Donegal Group wasn't on the list.</p><p>While Donegal Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

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DGICA

<p>Donegal Group's Chief Accounting Officer, David Benjamin Bawel, sold 674 shares at $20.39 each, totaling $13,742.86. This sale reduced his holdings by 3.06%, leaving him with 21,336 shares valued at $435,041.04. The transaction was disclosed in an SEC filing. Donegal Group's stock traded up 0.5% to $20.47, with a market cap of $749.87 million. The company recently reported strong quarterly earnings and announced a dividend. Institutional investors have adjusted their positions, and analysts have given positive ratings.</p>

Insider Selling: Donegal Group (NASDAQ:DGICA) CAO Sells 674 Shares of Stock