Is this U.S.-China selloff a buy? A top Wall Street voice weighs in
Donegal Mutual Insurance Co., a ten-percent owner in Donegal Group Inc (NASDAQ:DGICA), recently purchased shares of the company’s Class A Common Stock. According to a Form 4 filing with the Securities and Exchange Commission, the insurance company made two purchases totaling $722491. The purchases come as the $650 million market cap insurer trades near InvestingPro’s Fair Value, with the stock up nearly 23% year-to-date.
On September 2, 2025, Donegal Mutual acquired 19,440 shares at a price of $18.2683 per share. The following day, September 3, 2025, the company bought another 20,000 shares at $18.3678 each. Following these transactions, Donegal Mutual Insurance Co. directly owns 13,540,417 shares of Class A Common Stock and 4,708,570 shares of Class B Common Stock. The company, which boasts 24 consecutive years of dividend increases and maintains a strong ’GREAT’ financial health score according to InvestingPro, currently trades at an attractive P/E ratio of 6.3x. Analysts have set price targets between $20-21, suggesting potential upside. For deeper insights and additional ProTips, investors can access the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Donegal Group reported its second-quarter 2025 earnings, revealing an earnings per share (EPS) of $0.43. This figure exceeded analysts’ expectations of $0.3919 by 9.72%. However, the company’s revenue fell short, coming in at $233.81 million against a forecast of $253.48 million, marking a 7.76% miss. Despite the earnings beat, the revenue shortfall highlights a mixed financial performance for the quarter. These developments are crucial for investors to consider as they assess Donegal Group’s current financial health. Additionally, the earnings results are a key focus for analysts and investors alike. Keeping an eye on further updates from Donegal Group will be important as the company navigates its financial landscape.
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