Donegal Group Inc (DGICA) Files Form 4 Insider Buying : Jack Lee Hess Buys 2,800 Shares

Donegal Group Inc (DGICA): Jack Lee Hess , director of Donegal Group Inc purchased 2,800 shares on Mar 9, 2016. The Insider buying transaction was reported by the company on May 11, 2016 to the Securities and Exchange Commission. The shares were purchased at $14.72 per share for a total value of $41,244.07 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Feb 25, 2016, Patricia A Gilmartin (director) sold 12,000 shares at $14.50 per share price.On Dec 22, 2015, Mutual Insurance Co Donegal (10% owner) purchased 2,075,000 shares at $20.00 per share price.Also, On Dec 21, 2015, Gregory M Shepard (10% owner) sold 4,075,000 shares at $20.00 per share price.On Sep 2, 2015, Sanjay Pandey (Sr. Vice President) purchased 3,435 shares at $14.56 per share price.

Shares of Donegal Group (DGICA) ended Tuesday, May 10, 2016 session in red amid volatile trading. The shares closed down -0.01 points or -0.06% at $15.47 with 17,723 shares getting traded. Post opening the session at $15.48, the shares hit an intraday low of $15.45 and an intraday high of $15.5 and the price vacillated in this range throughout the day. The company has a market cap of $406 M and the number of outstanding shares has been calculated to be 2,62,36,449 shares. The 52-week high of Donegal Group is $15.74 and the 52-week low is $12.69.

Donegal Group Money Flow Index Chart

Donegal Group Inc. (DGI) is an insurance holding company whose insurance subsidiaries offer personal and commercial lines of property and casualty insurance to businesses and individuals in 21 Mid-Atlantic Midwestern New England and Southern states. The Company has four segments: its investment portfolio its personal lines of insurance its commercial lines of insurance and its investment in Donegal Financial Services Corporation (DFSC). Donegal Mutual Insurance Company (Donegal Mutual) provides facilities personnel and other services to the Company and its insurance subsidiaries. The personal lines products of its insurance subsidiaries consist of homeowners and private passenger automobile policies. The commercial lines products of its insurance subsidiaries consist of commercial automobile commercial multi-peril and workers’ compensation policies.

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