Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Donegal Group Inc shares valued at $217,105 were purchased by DONEGAL MUTUAL INSURANCE CO on Mar 13 ’25. At $18.09 per share, DONEGAL MUTUAL INSURANCE CO acquired 12,000 shares. The insider’s holdings grew to 13,326,382 shares worth approximately $243.07 million following the completion of this transaction.
Also, DONEGAL MUTUAL INSURANCE CO purchased 8,000 shares, netting a total of over 145,147 in proceeds. Following the buying of shares at $18.14 each, the insider now holds 13,334,382 shares.
Before that, SPONIC DAVID WAYNE had sold 5,537 shares from its account. In a trade valued at $100,585, the Senior Vice President traded Donegal Group Inc shares for $18.17 each. Upon closing the transaction, the insider’s holdings decreased to 5,537 shares, worth approximately $36589.439999999995.
As published in their initiating research note from Janney on December 20, 2023, Donegal Group Inc [DGICA] has been a Neutral and the price target has been revised to $15. Analysts at Keefe Bruyette downgraded the stock from ‘”an Outperform”‘ to ‘”a Mkt perform”‘ outlook in a report released in mid November. As of November 01, 2017, Keefe Bruyette has increased its “Mkt perform” rating to a “an Outperform” for DGICA. Earlier on October 31, 2017, Boenning & Scattergood upgraded its rating. Their new recommendation was “an Outperform” for DGICA stock which previously was a “a Neutral”.
Analyzing DGICA Stock Performance
During the last five days, there has been a surge of approximately 0.16%. Over the course of the year, Donegal Group Inc shares have jumped approximately 17.91%. Shares of the company reached a 52-week high of $19.87 on 04/01/25 and a 52-week low of $14.17 on 01/14/25. A 50-day SMA is recorded $17.55, while a 200-day SMA reached $15.60.
Support And Resistance Levels for Donegal Group Inc (DGICA)
According to the 24-hour chart, there is a support level at 18.05, which, if violated, would cause prices to drop to 17.86. In the upper region, resistance lies at 18.42. The next price resistance is at 18.60. RSI (Relative Strength Index) is 50.30 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.42, which suggests the price will decrease in the coming days. Percent R is at 72.77%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
