Hagerty (HGTY)
Collector-vehicle insurance, membership, and services for automotive enthusiasts.
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Specialty insurance for collector vehicles anchors membership, media, events, valuation tools, and marketplace services. The company combines insurance distribution, risk management and reinsurance with subscription offerings and first-party data for automotive enthusiasts.
Collector-vehicle insurance anchors an automotive-enthusiast platform built around membership, media, events, valuation tools, and marketplace services. The model combines insurance distribution, risk management, and reinsurance with subscription and membership offerings and first-party data.
Broad Arrow extends the relationship beyond insurance into collector-car transactions, supporting buying, selling, and financing.
Founded in 1984 through collector wooden-boat insurance, the business later expanded into classic cars and remains founder-family led from Traverse City. Its purpose centers on saving driving and preserving car culture; the announced Bennetts acquisition remains subject to regulatory approval and closing.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Jun 10, 2026 | UBS | Target | Target: — | Target: $14 |
| Oct 3, 2025 | Wells Fargo | Target | Target: — | Target: $13 |
| Oct 1, 2025 | JMP Securities | Target | Target: — | Target: $15 |
| Dec 26, 2024 | Raymond James | Downgrade |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $1.17B · Total debt $262.7M · Total assets $2.15B · Shareholders' equity $300.5M
- Revenue
- $354.8M
- Operating income
- $2.2M
- Net income
- $280.0K
No dividends on record.
| Institutions | ≈ 26.90% | 92.42M shares | |
|---|---|---|---|
| 132 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | |||
| Insiders | 0.81% | 2.80M shares | |
| 18 holders · as of Jul 6, 2026 | |||
| Strategic holders | 45.78% | 157.30M shares | |
| 1 holder · as of Sep 11, 2026 | |||
| Other | ≈ 26.51% | 91.10M shares | |
| remainder | |||
343.62M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
This company has 2 share classes; every stake here is a share of the whole company.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Hagerty Holding Corp.Strategic10 percent owner | 45.78% | 155.91M V · 1.39M A | filed Sep 11, 2026 |
State Farm Mutual Automobile Insurance CoInstitution | 15.07% | 51.80M A | as of Jun 30, 2026 |
Neuberger Berman Group LLCInstitution | 2.77% | 9.53M A | as of Jun 30, 2026 |
T. Rowe Price Investment Management, Inc.Institution | 1.77% | 6.09M A | as of Jun 30, 2026 |
Polar Capital Holdings PLCInstitution | 1.75% | 6.00M A | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Sep 11, 2026 | Hagerty Holding Corp. | 10 percent owner | −1,387,500 | $11.47 |
| Jul 2, 2026 | Kevin M. Delaney | officer: Chief Accounting Officer | −3,113 | $12.25 |
| Jul 1, 2026 | Kevin M. Delaney | officer: Chief Accounting Officer | −9,440 | $12.10 |
| Jun 30, 2026 | Kevin M. Delaney | officer: Chief Accounting Officer | −905 | $12.01 |
| May 15, 2026 | Anthony J. Kuczinski | director | +9,500 | $10.46 |
