Kenneth Ahn Sells 24,247 Shares of Hagerty (NYSE:HGTY) Stock

Hagerty, Inc. (NYSE:HGTY) insider Kenneth Ahn sold 24,247 shares of Hagerty stock in a transaction on Wednesday, January 7th. The stock was sold at an average price of $13.08, for a total value of $317,150.76. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

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 Tuesday, January 6th, Kenneth Ahn sold 10,883 shares of Hagerty stock. The shares were sold at an average price of $12.85, for a total transaction of $139,846.55.

Hagerty Price Performance

Shares of HGTY stock opened at $13.19 on Friday. The company has a market capitalization of $4.51 billion, a P/E ratio of 47.11 and a beta of 0.89. The company’s 50-day simple moving average is $12.98 and its two-hundred day simple moving average is $11.77. Hagerty, Inc. has a one year low of $8.03 and a one year high of $14.00. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.00 and a quick ratio of 1.00.

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

Hedge Funds Weigh In On Hagerty

Several hedge funds and other institutional investors have recently bought and sold shares of HGTY. Lincoln Capital LLC raised its position in Hagerty by 3.2% during the 4th quarter. Lincoln Capital LLC now owns 812,858 shares of the company’s stock worth $10,925,000 after buying an additional 25,471 shares during the last quarter. Greenhaven Road Investment Management L.P. increased its stake in shares of Hagerty by 47.1% in the third quarter. Greenhaven Road Investment Management L.P. now owns 2,664,784 shares of the company’s stock worth $32,084,000 after acquiring an additional 853,245 shares during the period. Woodline Partners LP purchased a new position in shares of Hagerty during the third quarter worth $3,339,000. Polar Capital Holdings Plc lifted its position in Hagerty by 9.4% during the third quarter. Polar Capital Holdings Plc now owns 5,817,416 shares of the company’s stock valued at $70,042,000 after purchasing an additional 498,389 shares during the period. Finally, Schonfeld Strategic Advisors LLC purchased a new stake in Hagerty in the third quarter valued at $155,000. Institutional investors and hedge funds own 20.51% of the company’s stock.

More Hagerty News

Here are the key news stories impacting Hagerty this week:

• Positive Sentiment: Company/market outlook — Hagerty says the classic-car market still has “serious momentum” heading into 2026, supporting recurring demand for its insurance and marketplace services and providing a fundamental tailwind for revenue and valuation services. Read More.
• Positive Sentiment: High-end auctions signal demand — A Michael Schumacher F1 car will be offered in a major January sale, illustrating continued price discovery and collector interest that can drive Hagerty’s valuation, content engagement and high-net-worth insurance opportunities. Read More.
• Neutral Sentiment: Analyst action is incremental — JPMorgan nudged its price target from $12 to $13 but kept a Neutral rating, a limited catalyst because the target sits roughly near current trading levels. Read More.
• Negative Sentiment: Large insider selling — Director/executive Kenneth Ahn sold roughly 200k+ HGTY shares across Jan. 5–7 (largest single disclosed block ~164,870 shares at ~$12.79, plus additional sales), representing multi-million-dollar disposals that can create short-term selling pressure and investor caution about insider timing or liquidity needs. Read More.

Analysts Set New Price Targets

Several brokerages have issued reports on HGTY. Citizens Jmp initiated coverage on shares of Hagerty in a report on Wednesday, October 1st. They set a “mkt outperform” rating and a $15.00 target price on the stock. BMO Capital Markets assumed coverage on shares of Hagerty in a research note on Monday, September 22nd. They set a “market perform” rating and a $13.00 price objective on the stock. Citigroup initiated coverage on shares of Hagerty in a research note on Wednesday, October 1st. They issued an “outperform” rating for the company. JMP Securities began coverage on Hagerty in a research report on Wednesday, October 1st. They set a “market outperform” rating and a $15.00 target price on the stock. Finally, Oppenheimer initiated coverage on Hagerty in a research report on Wednesday, September 17th. They issued an “outperform” rating and a $15.00 price target for the company. Five equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Hagerty presently has an average rating of “Moderate Buy” and a consensus target price of $14.13.

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.