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Hagerty, Inc. (HGTY) stock

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NYSE: HGTY NYSE Insurance Brokers Next results ~November 3, 2026

C Fundamentals grade

Hagerty, Inc. is a US-listed company in the insurance brokers industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Model estimate per share

~$9.2

Valuation models combined (2)

Base case. Range ~$6.1–$11. Weighted average of 2 models (forward price-to-earnings vs peers, residual income), the forward price-to-earnings vs peers counting double.

Price vs value

No Buy/Hold/Sell rating is issued: only 2 valuation models apply; a rating needs 3.

Hagerty, Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders1 buying, 4 selling3 purchases and 14 sales by directors and officers, last 12 monthsInsider trades
  • Funds64 adding, 42 cuttingOf 17 active managers that changed their stake, 10 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Hagerty files

Where Hagerty stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $1.43bn, up 5.2% on a year earlier, slower than the 12.4% growth a quarter earlier.

Source: 10-Q filed August 5, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 3, 2026 (estimated)

Hagerty, Inc.'s trailing-twelve-month revenue grew 5.2% year on year, with a free-cash-flow margin of 19.4%. Where it lags: change in growth rate of -7.2pp ranks 16 of 17 insurance brokers companies we cover.

Current signal Free cash flow diverging from earnings: TTM free cash flow grew 111.7% while net income fell 31.3%: a 143pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Margins widening. Operating margin is up 3.4 points on a year ago.

Things to watch

  • Growth slowing. The growth rate is 7.2 points lower than a quarter earlier.

Latest results: FY2026 Q2

Filed August 5, 2026
Earnings per share
-$0.02 against an average estimate of -$0.09: beat by 77.2%
Revenue
$355m, down 6.5% on a year earlier
Share reaction
+15.1% in the first session after the results on August 5, 2026, against -0.4% for the S&P 500
Guidance given
written Premium growth growth 16% to 17% (full year 2026); total Revenue change growth -9% to -8% (full year 2026)
Next report
November 3, 2026; average EPS estimate $0.01

Hagerty's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+2.0%
  • 1 week-0.4%
  • 1 month+16.8%
  • This year+18.2%
  • 1 year+41.6%
  • 5 years+55.7%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$1.4B
Operating margin
8.0%
Net margin
4.9%

Growth

Revenue growth
+5.2%
Change in growth rate
−7.2 pts

Earnings

Last results
November 3, 2026
Next results (est.)
February 1, 2027

News & updates

Updated November 3, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Results
  2. Announcement
  3. Announcement
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  35. Announcement
  36. Announcement
  37. Announcement
  38. Announcement
  39. Announcement
  40. Announcement

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Hagerty, Inc. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: only 2 valuation models apply; a rating needs 3.

Valuation models

We value Hagerty, Inc. as an asset manager, broker or exchange, with every model that fits that kind of business. Cost of equity 7.9%: the 10-year Treasury yield (4.9%) plus a beta of 0.66 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$11 ~$9.2–$12 Primary model, counts double
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$6.1 ~$4.1–$9.3 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$3.1 ~$2.6–$3.9 Left out: out of range vs price (0.20x)
Price-to-book vs peers Book value per share times peers' typical (harmonic-mean) price-to-book. ~$0.1 ~$0.2–$2.6 Left out: out of range vs price (0.01x)
Dividend discount (two-stage) Dividends for five years at the growth the business can fund, then a steady payout and growth. — Does not apply: pays no regular dividend
Cash-flow model (DCF) Free cash flow after stock pay, grown then faded to 2.5%, discounted at 8.5%. — Does not apply: Noncontrolling ownership is material. Its fair value and share of cash flow must be valued separately; a book-value deduction is insufficient.
Growth cash-flow model Revenue for this year and next from analysts' consensus, then growth fading to 2.5%; the operating margin moving to profitable peers'; investment needed per dollar of growth from peers; reduced by a failure probability. For young or fast-growing companies. The starting margin is normalized to between -100% and 60%; net margin is a proxy when operating income is not tagged. Uses analysts' consensus estimates (third-party data), not our forecasts. — Does not apply: Noncontrolling ownership is material. Its fair value and share of cash flow must be valued separately; a book-value deduction is insufficient.
Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. — Does not apply: Noncontrolling ownership is material. Its fair value and share of cash flow must be valued separately; a book-value deduction is insufficient.
Combined value Weighted average of the models that apply: the primary model (forward price-to-earnings vs peers) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$9.2 ~$6.1–$11 2 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Hagerty, Inc. with insurance brokers in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: High.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 3, 2026, before the open. Analysts expect revenue of $340m and EPS of $0.01 (range $0.00 to $0.04) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $0.03 −93% $1.3bn −5%
Next $0.59 +2095% $1.5bn +11%

Next year's EPS estimate has moved +2.4% in 90 days, across 8 analysts.

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 −$0.09 −$0.02 +77.2%
Mar 2026 $0.01 −$0.04 −385.7%
Dec 2025 $0.03 $0.08 +139.6%
Sept 2025 $0.08 $0.13 +62.2%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, August 5, 2026
  • Written Premium growth full year 2026 16% growth to 17% growth Raised
    “Written Premium growth of 16% to 17%” source
  • Total Revenue change full year 2026 -9% growth to -8% growth GAAP Raised
    “Total Revenue change of (9)% to (8)%, as Markel-related commission revenue is eliminated under the Markel Fronting Arrangement 1” source
  • Total Written Premium full year 2026 $1,385,000k to $1,397,000k Raised
    “Total Written Premium $1,193,548 $1,373,000 $1,385,000 $1,385,000 $1,397,000” source
  • Total Revenue full year 2026 $1,325,000k to $1,340,000k GAAP Raised
    “Total Revenue 2 $1,456,389 $1,280,000 $1,300,000 $1,325,000 $1,340,000” source
  • Net Income full year 2026 $18m to $30m GAAP Raised
    “Net Income of $18 million to $30 million, including ~$199 million of Markel Fronting Arrangement transitional costs 2” source
  • Adjusted EBITDA full year 2026 $270m to $280m Non-GAAP Raised
    “Adjusted EBITDA of $270 million to $280 million” source
Show 2 more items
  • Markel Fronting Arrangement transitional costs (amortization of deferred ceding commissions) third quarter of 2026 about $37m
    “The amortization of these deferred ceding commissions was $89 million in the first quarter of 2026, $64 million in the second quarter of 2026, and we expect it to decline to approximately $37 million in the third quarter of 2026 and approximately $9 million in the fourth quarter of 2026 as the remaining 2025 policy terms run off.” source
  • Markel Fronting Arrangement transitional costs (amortization of deferred ceding commissions) fourth quarter of 2026 about $9m
    “The amortization of these deferred ceding commissions was $89 million in the first quarter of 2026, $64 million in the second quarter of 2026, and we expect it to decline to approximately $37 million in the third quarter of 2026 and approximately $9 million in the fourth quarter of 2026 as the remaining 2025 policy terms run off.” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

Analyst recommendations

9 analysts, Oct 2026
Buy444%
Hold444%
Sell111%

Monthly trend

  1. Oct 202622419
  2. Sep 202622419
  3. Aug 202622419
  4. Jul 202621418

Counts of recommendations published by analysts covering Hagerty, Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
2.9%
of tradable shares
Days to cover
2.7
at average volume
Short interest, 1 month
+93%
to September 30, 2026
Held by institutions
—
of shares
Held by insiders
4.0%
of shares
Employees
1,891
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +41.6%

$11.22 on October 31, 2025 to $15.89

ThenNowEffect
Revenue (last 12 months) $1.4bn $1.4bn +5.2%
Net margin 7.5% 4.9% −34.7%
P/E multiple 0.1x 0.1x +106.2%
Share count 1m 1m 0.0%

Biggest factor: p/e multiple.

Last 3 years +105.0%

$7.75 on November 3, 2023 to $15.89

ThenNowEffect
Revenue (last 12 months) $893m $1.4bn +60.6%
Net margin 1.2% 4.9% +318.7%
P/E multiple 0.4x 0.1x −69.5%
Share count 1m 1m 0.0%

Biggest factor: net margin.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 20222023202420252026 to date
Return
HGTY−41%−7%+24%+39%+18%
Industry peers (median)−21%+21%+27%−21%−2%
S&P 500−18%+26%+25%+18%+11%
Months that ended higher
HGTY50%42%75%75%55%
S&P 50042%67%75%75%46%
Largest fall from a high during the year
HGTY−58%−27%−21%−19%−28%
S&P 500−25%−10%−8%−19%−9%

Worst fall since June 1, 2021: 60% from December 13, 2021 to May 11, 2022. Getting back needed a 148% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$9.67 – $15.95
From 52-week high
−0.4%
vs 50-day average
+12.0%
vs 200-day average
+31.8%
Volatility (1 year)
34%
Beta vs S&P 500
-0.02

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
9 up, 2 down
typical move ±4.7%
After a week
4 up, 7 down
typical move ±6.1%
After a month
7 up, 4 down
typical move ±10.2%
Results releasedNext dayS&P 500 next day5 days21 days
August 5, 2026 +15.1% −0.4% +8.8% +14.8%
May 6, 2026 +0.1% +1.1% −0.1% +1.6%
February 26, 2026 +1.0% −1.0% −8.2% −10.6%
November 4, 2025 +0.8% −0.8% +17.0% +12.8%
August 4, 2025 +11.0% +1.0% +8.7% +17.4%
May 7, 2025 +9.2% +1.1% +8.3% +12.8%
March 4, 2025 −3.1% −0.1% −6.2% −10.5%
November 7, 2024 −6.2% +1.2% −6.4% −6.9%
August 6, 2024 +2.6% +0.2% −0.1% +11.4%
May 7, 2024 +2.2% +0.1% −1.5% +8.5%
March 12, 2024 +0.3% +0.9% −1.3% −5.2%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Fundamentals

Revenue (TTM) Hagerty, Inc.
$800M $1B $1.2B $1.4B $1.6B FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $952.2M Revenue (TTM), FY23 Q4: $1B Revenue (TTM), FY24 Q1: $1.1B Revenue (TTM), FY24 Q2: $1.1B Revenue (TTM), FY24 Q3: $1.2B Revenue (TTM), FY24 Q4: $1.2B Revenue (TTM), FY25 Q1: $1.3B Revenue (TTM), FY25 Q2: $1.4B Revenue (TTM), FY25 Q3: $1.4B Revenue (TTM), FY25 Q4: $1.5B Revenue (TTM), FY26 Q1: $1.5B Revenue (TTM), FY26 Q2: $1.4B $1.4B

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $952.2M
FY23 Q4 $1B
FY24 Q1 $1.1B
FY24 Q2 $1.1B
FY24 Q3 $1.2B
FY24 Q4 $1.2B
FY25 Q1 $1.3B
FY25 Q2 $1.4B
FY25 Q3 $1.4B
FY25 Q4 $1.5B
FY26 Q1 $1.5B
FY26 Q2 $1.4B
Revenue growth, TTM YoY Hagerty, Inc.
0% 10% 20% 30% 40% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: 27.8% Revenue growth, TTM YoY, FY23 Q4: 30.4% Revenue growth, TTM YoY, FY24 Q1: 28.9% Revenue growth, TTM YoY, FY24 Q2: 26.8% Revenue growth, TTM YoY, FY24 Q3: 24.0% Revenue growth, TTM YoY, FY24 Q4: 20.9% Revenue growth, TTM YoY, FY25 Q1: 20.1% Revenue growth, TTM YoY, FY25 Q2: 20.5% Revenue growth, TTM YoY, FY25 Q3: 20.4% Revenue growth, TTM YoY, FY25 Q4: 18.9% Revenue growth, TTM YoY, FY26 Q1: 12.4% Revenue growth, TTM YoY, FY26 Q2: 5.2% 5.2%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 27.8%
FY23 Q4 30.4%
FY24 Q1 28.9%
FY24 Q2 26.8%
FY24 Q3 24.0%
FY24 Q4 20.9%
FY25 Q1 20.1%
FY25 Q2 20.5%
FY25 Q3 20.4%
FY25 Q4 18.9%
FY26 Q1 12.4%
FY26 Q2 5.2%
Operating margin (TTM) Hagerty, Inc.
-10% -5% 0% 5% 10% FY22 Q4 FY23 Q3 FY24 Q2 FY25 Q3 Operating margin (TTM), FY22 Q4: -8.6% Operating margin (TTM), FY23 Q1: -8.5% Operating margin (TTM), FY23 Q2: -6.3% Operating margin (TTM), FY23 Q3: -2.0% Operating margin (TTM), FY23 Q4: 1.0% Operating margin (TTM), FY24 Q1: 3.6% Operating margin (TTM), FY24 Q2: 5.3% Operating margin (TTM), FY24 Q3: 4.6% Operating margin (TTM), FY24 Q4: 5.3% Operating margin (TTM), FY25 Q1: 6.2% Operating margin (TTM), FY25 Q2: 6.6% Operating margin (TTM), FY25 Q3: 8.0% 8.0%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Operating margin (TTM)
FY22 Q4 -8.6%
FY23 Q1 -8.5%
FY23 Q2 -6.3%
FY23 Q3 -2.0%
FY23 Q4 1.0%
FY24 Q1 3.6%
FY24 Q2 5.3%
FY24 Q3 4.6%
FY24 Q4 5.3%
FY25 Q1 6.2%
FY25 Q2 6.6%
FY25 Q3 8.0%
FCF margin (TTM) Hagerty, Inc.
0% 5% 10% 15% 20% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: 6.5% FCF margin (TTM), FY23 Q4: 10.4% FCF margin (TTM), FY24 Q1: 14.6% FCF margin (TTM), FY24 Q2: 14.4% FCF margin (TTM), FY24 Q3: 14.3% FCF margin (TTM), FY24 Q4: 12.5% FCF margin (TTM), FY25 Q1: 10.8% FCF margin (TTM), FY25 Q2: 9.6% FCF margin (TTM), FY25 Q3: 10.9% FCF margin (TTM), FY25 Q4: 13.2% FCF margin (TTM), FY26 Q1: 11.3% FCF margin (TTM), FY26 Q2: 19.4% 19.4%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 6.5%
FY23 Q4 10.4%
FY24 Q1 14.6%
FY24 Q2 14.4%
FY24 Q3 14.3%
FY24 Q4 12.5%
FY25 Q1 10.8%
FY25 Q2 9.6%
FY25 Q3 10.9%
FY25 Q4 13.2%
FY26 Q1 11.3%
FY26 Q2 19.4%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 500 619 788 1,027 1,242 1,456 1,435
EBITDA 28 12 −34 56 105 — —
Operating income 16 −10 −68 10 66 — —
Net income 10 −46 32 28 78 149 70
Diluted EPS $3720.19 −$20.49 — — — — —
Growth (year on year)
Revenue — +23.9% +27.2% +30.4% +20.9% +17.3% +5.2%
EBITDA — −56.3% — — +87.4% — —
Operating income — −163.5% — — — — —
Net income — −556.0% — −12.2% +177.9% +90.6% −31.3%
Diluted EPS — −100.6% — — — — —
Margins
EBITDA margin 5.5% 2.0% −4.3% 5.5% 8.5% — —
Operating margin 3.2% −1.6% −8.6% 1.0% 5.3% — —
Net margin 2.0% −7.5% 4.1% 2.7% 6.3% 10.2% 4.9%
Free-cash-flow margin 9.3% −0.2% 1.4% 10.4% 12.5% 13.4% 19.4%
Cash flow
Cash from operations 85 42 55 134 177 219 307
Capital spending 38 43 44 26 21 25 29
Free cash flow 46 −1 11 107 156 194 278
Stock-based pay — 0 12 18 17 19 19
Free cash flow after stock pay — −1 −1 89 138 176 259
Balance sheet
Cash 38 275 95 108 105 160 298
Total debt 70 137 108 135 107 178 216
Net debt (negative = net cash) 32 −139 13 27 2 18 −82
Diluted shares — 2m — — — — —

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Dividends, buybacks and capital spending

Days sales outstanding
7 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in insurance brokers
Last 12 months unless stated HGTY CRD.A SLQT BWIN RYAN EHTH Median
Revenue, last 12 months $1.4bn $1.3bn $1.6bn $1.7bn $3.3bn $502m $1.6bn
Revenue growth, last 12 months 5.2% −3.6% 6.0% 18.9% 9.8% −8.4% 7.6%
Revenue growth, 3-year average 17.1% −1.0% 17.3% — 18.0% 8.7% 13.8%
Revenue growth, latest quarter −6.5% −0.9% −6.8% 30.1% 4.7% −44.8% 4.7%
Gross margin — 28.2% 54.9% — — 44.3% 44.3%
Operating margin 8.0% — 4.6% −6.9% 15.6% 10.8% 9.4%
Operating margin, 3-year average 3.5% — 4.6% 0.4% 16.7% 4.9% 4.9%
Net margin 4.9% 2.0% 3.8% −4.7% 3.2% 5.4% 4.9%
Cash from operations / revenue 21.4% 6.1% 2.0% 5.2% 17.5% −6.1% 15.5%
Free-cash-flow margin 19.4% 5.5% 1.7% 2.5% 17.5% −6.3% 13.4%
Free-cash-flow margin, 3-year average 14.5% 5.0% 0.6% −2.4% 20.0% −5.1% 13.7%
Stock pay / revenue 1.3% 0.2% 0.9% 4.3% 2.2% 2.4% 1.4%
Change in share count — 3.1% 3.5% 23.3% — 4.1% 5.7%

Median of all 17 companies we cover in insurance brokers. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

17 insurance brokers companies
Measure Company Peer median Rank
Revenue growth Growth 5.2% 7.6% 11 of 17
Change in growth rate Growth -7.2pp -0.7pp 16 of 17
Operating margin Profitability 8.0% 10.8% 8 of 14
Net margin Profitability 4.9% 4.9% 9 of 17
Stock pay as % of revenue Cash generation 1.3% 1.5% 8 of 16

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue YoY
Insurance $569M ▲ 13.3%
Marketplace $109M ▲ 134.3%

These categories overlap or exclude eliminations, so shares aren't shown.

Products and services
Line of business Revenue YoY
Commission Revenue and Fee Revenue $486M ▲ 14.9%
Commission and Fee Revenue $434M ▲ 13.7%
Membership and Other Revenue $82.4M ▲ 4.4%
Contingent Commission $52.7M ▲ 25.6%

These categories overlap or exclude eliminations, so shares aren't shown.

Geography
Region Revenue YoY
United States $617M ▲ 20.3%
Outside the US $61.1M ▲ 69.9%

These categories overlap or exclude eliminations, so shares aren't shown.

From Hagerty, Inc.'s 10-K filed February 26, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$1.1B
Institutions reporting
126
Shares held vs prior quarter
▲ 3.5%
Positions opened / closed
18 / 9

Top buyers and sellers, Q2 2026: 64 institutions bought and 42 sold ; the biggest buyer was Pembroke Management, Ltd (+1.7M shares) and the biggest seller Greenhaven Road Investment Management, L.P (−505K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
State Farm Mutual Automobile Insurance Co $617M 51.8M 55.2% 0.0%
Neuberger Berman Group LLC $114M 9.5M 10.2% ▲ 9.3%
T. Rowe Price Investment Management, Inc. $72.6M 6.1M 6.5% ▲ 8.0%
Polar Capital Holdings PLC $71.5M 6.0M 6.4% 0.0%
Pembroke Management, Ltd $40.6M 3.4M 3.6% ▲ 96.0%
Markel Group Inc. $35.9M 3.1M 3.2% 0.0%
Vanguard Capital Management LLC $23M 1.9M 2.1% ▲ 3.3%
Greenhaven Road Investment Management, L.P. $22.2M 1.9M 2.0% ▼ 21.3%
Vanguard Portfolio Management LLC $19.7M 1.7M 1.8% ▲ 1.2%
Lincoln Capital LLC $11.6M 974K 1.0% ▲ 2.4%
Blackrock, Inc. $8.6M 718K 0.8% ▲ 4.1%
Royce & Associates LP $6.3M 525K 0.6% 0.0%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Hagerty, Inc.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $298,170 3 trades by 1 insider, last 12 months Insider sales History → $128M 14 trades by 4 insiders · 5% under pre-set plans
Net ▼ $128M net selling
Insider Date Trade Shares Price Value
Hagerty Holding Corp. 10% owner September 11, 2026 Sell 1,387,500 $11.47 $15.9M
Hagerty Holding Corp. 10% owner September 9, 2026 Sell 9,250,000 $11.47 $106M
Delaney Kevin M Chief Accounting Officer July 2, 2026 Sell pre-set plan 3,113 $12.25 $38,134
Delaney Kevin M Chief Accounting Officer July 1, 2026 Sell pre-set plan 9,440 $12.10 $114,224
Delaney Kevin M Chief Accounting Officer June 30, 2026 Sell pre-set plan 905 $12.01 $10,869
Kuczinski Anthony J Director May 15, 2026 Buy 9,500 $10.46 $99,370
Harris Laurie Director April 7, 2026 Sell pre-set plan 5,531 $11.01 $60,896
Kuczinski Anthony J Director March 12, 2026 Buy 4,000 $9.50 $38,000
Kuczinski Anthony J Director March 3, 2026 Buy 15,000 $10.72 $160,800
Ahn Kenneth President, Hagerty Marketplace January 26, 2026 Sell pre-set plan 50,000 $12.41 $620,500
Ahn Kenneth President, Hagerty Marketplace January 20, 2026 Sell pre-set plan 50,000 $12.55 $627,500
Ahn Kenneth President, Hagerty Marketplace January 12, 2026 Sell pre-set plan 50,000 $12.86 $643,000

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around February 1, 2027 estimated from the company's past filing pattern, not announced

  • November 3, 2026
  • August 5, 2026
  • May 6, 2026
  • February 26, 2026
  • November 4, 2025
  • August 4, 2025

Recent SEC filings

Data status

When each part of this page on Hagerty, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Hagerty, Inc. in brief

What does Hagerty, Inc. do?
Hagerty, Inc. is a US-listed company in the insurance brokers industry. Its financial year ends in December.
What is Hagerty, Inc.'s stock ticker?
Hagerty, Inc. trades under the ticker HGTY on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Hagerty, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Hagerty, Inc. reported revenue of $1.4B, 5.2% higher than a year earlier, according to its SEC filings.
What is Hagerty, Inc.'s free cash flow?
Hagerty, Inc.'s free-cash-flow margin is 19.4% of revenue over the trailing twelve months.
Who are Hagerty, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are State Farm Mutual Automobile Insurance Co, Neuberger Berman Group LLC and T. Rowe Price Investment Management, Inc. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Hagerty, Inc.'s market cap?
On December 31, 2021, Hagerty, Inc.'s market capitalisation was about $31.9M and net debt of -$139M. Market figures come from third-party market data and may be delayed.
Who are Hagerty, Inc.'s competitors?
In our Insurance Brokers peer group, the companies closest to Hagerty, Inc. are Crawford & Co, Selectquote, Inc., Baldwin Insurance Group, Inc., Ryan Specialty Holdings, Inc. and Ehealth, Inc. The side-by-side comparison below sets their revenue, margins and growth against Hagerty, Inc.'s.
Are insiders buying or selling Hagerty, Inc. stock?
Over the last 12 months, Hagerty, Inc.'s directors and officers reported 3 open-market purchases and 14 sales on Form 4. The insider trading page charts every trade.
When is Hagerty, Inc.'s next earnings date?
Around November 3, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Hagerty, Inc. announces its own schedule.