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In a recent SEC filing, Donegal Group Inc. (NASDAQ:DGICA) reported that William Daniel Delamater, Executive Vice President and Chief Operating Officer, sold 8,696 shares of Class A Common Stock on May 23, 2025. The shares were sold at a price of $19.779 per share, resulting in a total transaction value of $171,998. The transaction comes as Donegal Group shows strong momentum, with the stock up over 30% year-to-date according to InvestingPro data.
On the same day, Delamater also acquired 8,696 shares through the exercise of options at $14.39 per share. Following these transactions, Delamater’s direct ownership stands at 1,495 shares. InvestingPro analysis shows Donegal Group maintains a GREAT financial health score, with a P/E ratio of 8.41, suggesting attractive valuation metrics. Subscribers can access 8 additional ProTips and a comprehensive Pro Research Report for deeper insights into DGICA’s financial outlook.
In other recent news, Donegal Group Inc. reported its financial results for the first quarter of 2025, highlighting a significant earnings performance with an earnings per share (EPS) of $0.72. This figure notably surpassed analyst expectations of $0.3493, marking a 106% positive surprise. Despite the strong EPS, the company experienced a revenue shortfall, reporting $247.09 million against a forecast of $263.76 million, a miss of approximately 6.33%. The company also noted an improvement in operational efficiency, with the combined ratio improving to 91.6% from 102.4% in the previous year. Donegal Group’s net premiums earned increased by 2.2% year-over-year, reaching $232.7 million, while after-tax net income rose significantly to $25.2 million from $6 million in the same quarter last year. Although there was a 1.7% decrease in net premiums written, the company maintained a disciplined approach to underwriting and pricing. In other developments, Donegal Group continues to focus on systems modernization and commercial lines growth, while preparing for potential economic policy changes that could impact its market strategy. The company is also keeping a close eye on economic uncertainties, such as tariff policies, which could affect future growth.
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