Donegal Group Inc’s filing revealed that its 10% Owner DONEGAL MUTUAL INSURANCE CO acquired Company’s shares for reported $0.13 million on Dec 13 ’24. In the deal valued at $16.29 per share,7,817 shares were bought. As a result of this transaction, DONEGAL MUTUAL INSURANCE CO now holds 13,152,372 shares worth roughly $191.89 million.
Then, VIOZZI VINCENT ANTHONY sold 10,500 shares, generating $171,054 in total proceeds. Upon selling the shares at $16.29, the Sr. VP & Chief Inv Officer now owns 9,891 shares.
Before that, Moore Sewell Trezevant Jr bought 12,500 shares. Donegal Group Inc shares valued at $203,750 were divested by the Director at a price of $16.30 per share.
Janney initiated its Donegal Group Inc [DGICA] rating to a Neutral in a research note published on December 20, 2023; the price target was $15. A number of analysts have revised their coverage, including Keefe Bruyette’s analysts, who decreased its forecast for the stock in mid November from “an Outperform” to “a Mkt perform”. Keefe Bruyette also remained covering DGICA and has increased its forecast on November 01, 2017 with a “an Outperform” recommendation from previously “Mkt perform” rating. Boenning & Scattergood revised its rating on October 31, 2017. It rated DGICA as “an Outperform” which previously was an “a Neutral”.
Price Performance Review of DGICA
On Friday, Donegal Group Inc [NASDAQ:DGICA] saw its stock fall -0.21% to $14.59. Over the last five days, the stock has gained 1.39%. Donegal Group Inc shares have fallen nearly -5.69% since the year began. Nevertheless, the stocks have risen 3.62% over the past one year. While a 52-week high of $17.00 was reached on 01/02/25, a 52-week low of $12.26 was recorded on 01/14/25. SMA at 50 days reached $15.72, while 200 days put it at $14.44.
Levels Of Support And Resistance For DGICA Stock
The 24-hour chart illustrates a support level at 14.45, which if violated will result in even more drops to 14.31. On the upside, there is a resistance level at 14.76. A further resistance level may holdings at 14.93. The Relative Strength Index (RSI) on the 14-day chart is 32.56, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.26, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 70.83%. Stochastics %K at 29.40% indicates the stock is a holding.
How much short interest is there in Donegal Group Inc?
A steep rise in short interest was recorded in Donegal Group Inc stocks on 2024-12-31, dropping by 22173.0 shares to a total of 0.19 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 0.21 million shares. There was a decline of -11.56%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on May 25, 2017 when Boenning & Scattergood began covering the stock and recommended ‘”a Neutral”‘ rating .
