HagertyHGTY
Market Cap: $1.03B
About: Hagerty Inc is a provider of specialty automotive insurance. The company underwrites, sells, and services classic car and enthusiast vehicle insurance policies. Substantial revenue is derived from Commission and fees. Geographically it serves Europe, Canada, and the United States.
Employees: 1,732
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
285% more call options, than puts
Call options by funds: $131K | Put options by funds: $34K
21% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 19
16% more capital invested
Capital invested by funds: $639M [Q1] → $739M (+$100M) [Q2]
0.45% more ownership
Funds ownership: 82.47% [Q1] → 82.92% (+0.45%) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]
4% less funds holding
Funds holding: 74 [Q1] → 71 (-3) [Q2]
23% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 13
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Truist Securities Mark Hughes 85% 1-year accuracy 53 / 62 met price target | 4%downside $11 | Hold Maintained | 8 Aug 2024 |
JP Morgan Pablo Singzon 100% 1-year accuracy 2 / 2 met price target | 4%downside $11 | Neutral Maintained | 11 Jul 2024 |
Financial journalist opinion
Based on 6 articles about HGTY published over the past 30 days