Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Hagerty Inc shares valued at $33,085 were sold by Harris Laurie on Apr 04 ’25. At $8.41 per share, Harris Laurie sold 3,934 shares. The insider’s holdings dropped to 30,349 shares worth approximately $0.26 million following the completion of this transaction.
Also, KAUFFMAN ROBERT I sold 1,215 shares, netting a total of over 11,020 in proceeds. Following the sale of shares at $9.07 each, the insider now holds 4,093,146 shares.
Before that, Harris Laurie had added 3,934 shares to its account. In a trade valued at $33,104, the Director bought Hagerty Inc shares for $8.41 each.
As published in a research note from Raymond James on December 26, 2024, Hagerty Inc [HGTY] has been rated down from a Mkt perform to an Underperform. Analysts at JP Morgan started covering the stock with ‘”a Neutral”‘ outlook in a report released in mid January. As of June 16, 2023, Truist has initiated its “Hold” rating for HGTY. Earlier on October 20, 2022, Raymond James initiated its rating. Their recommendation was “a Mkt perform” for HGTY stock.
Analyzing HGTY Stock Performance
During the last five days, there has been a drop of approximately -0.91%. Over the course of the year, Hagerty Inc shares have dropped approximately -10.16%. Shares of the company reached a 52-week high of $10.43 on 02/13/25 and a 52-week low of $8.03 on 04/07/25. A 50-day SMA is recorded $9.44, while a 200-day SMA reached $10.45.
Support And Resistance Levels for Hagerty Inc (HGTY)
According to the 24-hour chart, there is a support level at 8.43, which, if violated, would cause prices to drop to 8.20. In the upper region, resistance lies at 8.98. The next price resistance is at 9.30. RSI (Relative Strength Index) is 40.26 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.04, which suggests the price will decrease in the coming days. Percent R is at 56.46%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
