Philip H. Glatfelter II, 10% Owner at DONEGAL GROUP INC (DGICA), bought 19,257 shares at $19.18 ($369K) on 2026-08-31, disclosed to the SEC on 2026-09-02.
10% shareholder Philip H. Glatfelter II purchased 10,000 shares for $191,765 at $19.18, marking the largest insider purchase in the company's history. This significant buyback suggests the insider believes the stock is undervalued, especially given the company's recent earnings beat and defensive income profile.
The stock is currently trading 8.07% below its 52-week high of $21.06, having gained 15.79% over the last 90 days despite a slight 1.95% decline in the past 30 days.
Coming off a Q2 2026 earnings surprise of +15.22% on July 30, 2026, the next earnings report is due on August 7, 2026. Additionally, the company recently reported a strong combined ratio of 95.6% for Q2 2026, highlighting operational resilience.
The stock carries a short interest of 5.07% of the float, which could lead to volatility if the insider buying thesis accelerates. Furthermore, the company recently reported a revenue miss of -0.40% for Q2 2026, which may pressure the stock if not addressed in future quarters.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $19.18 | 10,000 | $192K | 51.9% |
| 2 | $19.17 | 9,257 | $177K | 48.1% |
| Total | $19.17 avg | 19,257 | $369K | 100% |
| Filing → |
| DGICA | SELL | 2026-09-04 | $44K | — | Filing → |
| DGICA | SELL | 2016-08-12 | $193K | — | Filing → |
| DGICA | SELL | 2015-06-11 | $148K | — | Filing → |