What to Infer from Donegal Group’s Insider Trades?
Donegal Group (NASDAQ: DGICA) is an insurance holding company that offers property and casualty insurance through its subsidiaries. The company is in the spotlight due to the sudden spike in insider trades over the past quarter. Trades in Detail Per TipRanks’ Insider Trading Activity tool and Donegal’s SEC filings, the company’s top executives have been selling its stock. Meanwhile, Donegal Mutual (holding about 41% of its Class A common stock and 84% of Class B common stock) has been acquiring DGICA stock. Further, most of these transactions have come in the form of an Informative Buy and Sell (insiders used their own capital to execute these trades).
What to Infer from Donegal Group’s Insider Trades?
Donegal Group (NASDAQ: DGICA) is an insurance holding company that offers property and casualty insurance through its subsidiaries. The company is in the spotlight due to the sudden spike in insider trades over the past quarter. Trades in Detail Per TipRanks’ Insider Trading Activity tool and Donegal’s SEC filings, the company’s top executives have been selling its stock. Meanwhile, Donegal Mutual (holding about 41% of its Class A common stock and 84% of Class B common stock) has been acquiring DGICA stock. Further, most of these transactions have come in the form of an Informative Buy and Sell (insiders used their own capital to execute these trades).