<div id="readability-page-1"><p>Hagerty, Inc. (NYSE:HGTY - Get Free Report) insider Kenneth Ahn sold 50,000 shares of the firm's stock in a transaction that occurred on Monday, January 26th. The shares were sold at an average price of $12.41, for a total value of $620,500.00. The transaction was disclosed in a legal filing with the Securities &amp; Exchange Commission, which can be accessed through this link.</p><ul><li>MarketBeat Week in Review – 12/4 - 12/8</li></ul><p>Kenneth Ahn also recently made the following trade(s): </p><ul><li>On Tuesday, January 20th, Kenneth Ahn sold 50,000 shares of Hagerty stock. The stock was sold at an average price of $12.55, for a total value of $627,500.00. </li><li>On Monday, January 12th, Kenneth Ahn sold 50,000 shares of Hagerty stock. The shares were sold at an average price of $12.86, for a total value of $643,000.00. </li><li>On Friday, January 9th, Kenneth Ahn sold 1,350 shares of Hagerty stock. The stock was sold at an average price of $13.25, for a total value of $17,887.50. </li><li>On Monday, January 5th, Kenneth Ahn sold 164,870 shares of Hagerty stock. The stock was sold at an average price of $12.79, for a total transaction of $2,108,687.30. </li><li>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 transaction of $317,150.76. </li><li>On Tuesday, January 6th, Kenneth Ahn sold 10,883 shares of Hagerty stock. The stock was sold at an average price of $12.85, for a total transaction of $139,846.55. </li></ul><h2>Hagerty Price Performance</h2><p>Shares of NYSE HGTY traded down $0.38 on Tuesday, hitting $12.12. The company's stock had a trading volume of 161,176 shares, compared to its average volume of 112,028. Hagerty, Inc. has a 12-month low of $8.03 and a 12-month high of $14.00. The company has a market capitalization of $4.15 billion, a price-to-earnings ratio of 43.29 and a beta of 0.89. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.00 and a quick ratio of 1.00. The stock has a 50 day moving average of $13.04 and a 200-day moving average of $12.01. </p><ul><li>Suddenly markets are betting on Hagerty, AutoZone after UAW </li></ul><p>Hagerty (NYSE:HGTY - Get Free Report) last issued its quarterly earnings data on Tuesday, November 4th. The company reported $0.13 earnings per share for the quarter, topping analysts' consensus estimates 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 during the quarter, compared to analysts' expectations of $354.36 million.  As a group, research analysts predict that  Hagerty, Inc. will post 0.22 EPS for the current year. </p><h2>Analyst Upgrades and Downgrades</h2><p>A number of analysts recently commented on HGTY shares. JMP Securities initiated coverage on Hagerty in a research note on Wednesday, October 1st. They set a &#34;market outperform&#34; rating and a $15.00 price objective on the stock. Wall Street Zen raised shares of Hagerty from a &#34;hold&#34; rating to a &#34;buy&#34; rating in a research note on Sunday, November 30th. Wells Fargo &amp; Company initiated coverage on shares of Hagerty in a research note on Friday, October 3rd. They set an &#34;equal weight&#34; rating and a $13.00 price target on the stock. Citigroup initiated coverage on shares of Hagerty in a report on Wednesday, October 1st. They set an &#34;outperform&#34; rating for the company. Finally, JPMorgan Chase &amp; Co. boosted their price objective on shares of Hagerty from $12.00 to $13.00 and gave the company a &#34;neutral&#34; rating in a research report on Wednesday, January 7th. Five analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, Hagerty  has a consensus rating of &#34;Moderate Buy&#34; and a consensus target price of $14.13.</p><p><b>Get Our Latest Analysis on HGTY</b></p><h2>Institutional Inflows and Outflows</h2><p>Large investors have recently modified their holdings of the stock. IFP Advisors Inc purchased a new stake in  Hagerty in the second quarter valued at approximately $30,000.  Osaic Holdings Inc. boosted its holdings in shares of  Hagerty by 2,374.5% in the 2nd quarter. Osaic Holdings Inc. now owns 4,949 shares of the company's stock valued at $50,000 after purchasing an additional 4,749 shares during the last quarter.  BNP Paribas Financial Markets grew its stake in shares of  Hagerty by 165.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 5,131 shares of the company's stock valued at $62,000 after buying an additional 3,197 shares during the period.  Bank of America Corp DE grew its stake in shares of  Hagerty by 46.6% during the 2nd quarter. Bank of America Corp DE now owns 8,571 shares of the company's stock valued at $87,000 after buying an additional 2,726 shares during the period.  Finally, KLP Kapitalforvaltning AS increased its holdings in shares of  Hagerty by 228.1% during the 2nd quarter. KLP Kapitalforvaltning AS now owns 10,500 shares of the company's stock worth $106,000 after buying an additional 7,300 shares during the last quarter. 20.51% of the stock is currently owned by hedge funds and other institutional investors. </p><h2>Hagerty Company Profile</h2> (Get Free Report)<p>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.  </p><p>Beyond insurance, Hagerty operates a comprehensive suite of community and content services under its automotive lifestyle brand.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Hagerty</li><li>How a Family Trust May Be Able To Help Preserve Your Wealth</li><li>Do not delete, read immediately</li><li>NEW LAW: Congress Approves Setup For Digital Dollar?</li><li>“Fed Proof” Your Bank Account with THESE 4 Simple Steps</li><li>A U.S. “birthright” claim worth trillions - activated quietly</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/InsiderTradesChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUhHVFk?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-UHJlZml4PU5ZU0UmU3ltYm9sPUhHVFk"/></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 Hagerty Right Now?</h2><p>Before you consider Hagerty, 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 Hagerty wasn't on the list.</p><p>While Hagerty currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

HGTY

<p>Hagerty, Inc. insider Kenneth Ahn sold 50,000 shares of the company's stock on January 26th for $620,500 at an average price of $12.41. This follows several other recent sales by Ahn, totaling over $3 million in shares sold. The company's stock is currently trading at $12.12, with a market cap of $4.15 billion and a price-to-earnings ratio of 43.29. Analysts have mixed ratings on Hagerty, with a consensus rating of "Moderate Buy" and a target price of $14.13.</p>

Hagerty (NYSE:HGTY) Insider Kenneth Ahn Sells 50,000 Shares