Philip H. Glatfelter II, 10% Owner at DONEGAL GROUP INC (DGICA), bought 19,595 shares at $19.43 ($382K) on 2026-09-02, disclosed to the SEC on 2026-09-04.
10% shareholder Philip H. Glatfelter II purchased 10,000 shares for $194,334, marking the largest insider purchase in the company's history. This significant buyback suggests insider confidence in the insurer's value, particularly given the recent earnings beat.
The stock is trading near its 52-week low, currently down 7.64% from the high of $21.06, though it has gained 12.69% over the last 90 days. The recent 5-day rally of 1.28% brings the price to $19.45, just 0.1% below the filing price.
1) Q2 2026 earnings on June 30, 2026, where the company beat estimates by 15.22%. 2) The company's dividend yield of 3.96% is highlighted as a defensive refuge for income investors. 3) The largest insider purchase in the company's history signals strong insider conviction.
The stock has a short interest of 5.07% of the float, indicating some skepticism among traders. Additionally, the company missed revenue estimates by 0.40% in the last quarter, which could pressure the stock if not improved in future reports.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $19.43 | 10,000 | $194K | 50.9% |
| 2 | $19.53 | 9,595 | $187K | 49.1% |
| Total | $19.48 avg | 19,595 | $382K | 100% |
| Filing → |
| DGICA | BUY | 2026-09-02 | $369K | — | Filing → |
| DGICA | SELL | 2016-08-12 | $193K | — | Filing → |
| DGICA | SELL | 2015-06-11 | $148K | — | Filing → |