Hagerty Holding Corp. (10% Owner) sold 1,236,750 shares of HGTY at $8.92 on 2025-08-13 for $11,031,438.98.
Hagerty Holding Corp., a 10% owner, divested 1,236,750 shares at $8.92 on 2025-08-13, generating $11,031,438.98. The sale occurs within a context where the stock currently trades at $11.19 (2.8% above the transaction price) and has risen 11.9% over 30 days and 15.6% over 90 days, placing it near the upper range of its 52-week band ($8.34–$12.10). Notably, this represents a derivative-conversion transaction; the insider's ongoing equity position in derivative securities is recorded in Form 4 Table II, which is not yet populated in this database, so this should not be characterized as a complete exit. The company shows solid fundamentals with $368.7M in latest quarterly revenue, $47.2M net income, 20.0% annual revenue growth, and a P/E of 38.59, suggesting the stock is priced for continued growth expectations.