Hagerty (NYSE:HGTY) Insider Kenneth Ahn Sells 10,883 Shares

Hagerty, Inc. (NYSE:HGTY) insider Kenneth Ahn sold 10,883 shares of the firm’s stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of $12.85, for a total transaction of $139,846.55. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Kenneth Ahn also recently made the following trade(s):

• 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.
• 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 value of $317,150.76.

Hagerty Trading Up 1.1%

NYSE HGTY opened at $13.12 on Thursday. The stock has a market cap of $4.49 billion, a P/E ratio of 46.86 and a beta of 0.89. Hagerty, Inc. has a fifty-two week low of $8.03 and a fifty-two week high of $14.00. The stock has a 50 day simple moving average of $12.94 and a two-hundred day simple moving average of $11.76. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.00 and a current ratio of 1.00.

Hagerty (NYSE:HGTY) last announced its earnings results on Tuesday, November 4th. The company reported $0.13 EPS for the quarter, beating analysts’ consensus estimates of $0.09 by $0.04. Hagerty had a return on equity of 16.85% and a net margin of 5.85%.The company had revenue of $359.01 million during the quarter, compared to the consensus estimate of $354.36 million. On average, analysts forecast that Hagerty, Inc. will post 0.22 earnings per share for the current year.

Hedge Funds Weigh In On Hagerty

A number of hedge funds have recently bought and sold shares of HGTY. Bank of America Corp DE increased its stake in 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 purchasing an additional 2,726 shares in the last quarter. IFP Advisors Inc bought a new position in shares of Hagerty in the second quarter worth approximately $30,000. BNP Paribas Financial Markets grew its holdings in shares of Hagerty by 165.3% during the third 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 last quarter. Osaic Holdings Inc. lifted its holdings in shares of Hagerty by 2,374.5% during the second 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 in the last quarter. Finally, Geode Capital Management LLC boosted its position in shares of Hagerty by 2.0% during the second quarter. Geode Capital Management LLC now owns 254,634 shares of the company’s stock valued at $2,576,000 after buying an additional 5,077 shares during the last quarter. Institutional investors own 20.51% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on HGTY shares. JPMorgan Chase & Co. raised their target price on Hagerty from $12.00 to $13.00 and gave the company a “neutral” rating in a research note on Wednesday. BMO Capital Markets initiated coverage on Hagerty in a research report on Monday, September 22nd. They set a “market perform” rating and a $13.00 price objective for the company. Wall Street Zen upgraded shares of Hagerty from a “hold” rating to a “buy” rating in a report on Sunday, November 30th. Citigroup initiated coverage on shares of Hagerty in a research note on Wednesday, October 1st. They issued an “outperform” rating for the company. Finally, JMP Securities initiated coverage on shares of Hagerty in a research report on Wednesday, October 1st. They set a “market outperform” rating and a $15.00 price target for the company. Five investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, Hagerty has an average rating of “Moderate Buy” and a consensus price target of $14.13.

Key Stories Impacting Hagerty

Here are the key news stories impacting Hagerty this week:

• Positive Sentiment: Company/market outlook — Hagerty highlights continued momentum in the classic-car market heading into 2026; sustained collector demand supports Hagerty’s insurance, valuation and marketplace businesses, which is a fundamental tailwind for long-term revenue growth. Article Title
• Positive Sentiment: High-end collectible auctions — a Michael Schumacher F1 car is being offered in a major January sale, an example of continued interest and price discovery in the collectibles market that can increase demand for Hagerty’s content, valuation services and high-net-worth insurance clients. Article Title
• Neutral Sentiment: Analyst action — JPMorgan raised its price target from $12 to $13 but kept a “neutral” rating; this is a modest refresh that provides limited near-term catalyst (target is roughly in line with current trading). Article Title
• Negative Sentiment: Insider selling — Kenneth Ahn sold a large block of HGTY shares across Jan. 5–7 (c. 200k+ shares total; largest disclosed sale ~164,870 shares at ~$12.79, ~$2.1M). Significant insider sales often create short-term selling pressure and raise investor questions about timing/liquidity needs even if not indicative of company fundamentals. Article Title

Hagerty Company Profile

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.

Beyond insurance, Hagerty operates a comprehensive suite of community and content services under its automotive lifestyle brand.