Donegal Group sr. vp Altshuler sells $114,043 in stock

Kristi Spencer Altshuler, Senior Vice President at Donegal Group Inc., sold 6,000 shares of the company's Class A Common Stock on November 10, 2026. The transaction amounted to $114,043, with shares priced at $19.0073, near the current trading price of $19.06. This sale came after Altshuler acquired 6,000 shares through option exercise on the same date, originally purchased at $14.39 per share, for a total of $86,340.

The exercise price was $14.39, and the options were exercisable until December 16, 2026. Post these transactions, Ms. Altshuler now holds no shares of Donegal Group Inc. Class A Common Stock. The company, valued at $759 million, boasts a robust dividend history, having increased payouts for 26 consecutive years, currently yielding 4.04%.

Donegal's P/E ratio stands at 10.31. Investors can gain further insights through InvestingPro, which offers 9 exclusive tips and detailed Pro Research Reports on this and 1,400+ US equities. Recently, Donegal Group Inc. exceeded analyst expectations with better-than-anticipated third-quarter earnings, reporting adjusted earnings of $0.50 per share, surpassing the consensus estimate of $0.42.

However, revenue fell short at $209.73 million compared to the projected $214.12 million. Despite this, the company has maintained profitability in underwriting for the ninth consecutive quarter, driven by favorable reserve development. This underscores Donegal Group's consistent performance in underwriting, even as revenue expectations were not met.

The article, generated with AI support and reviewed by an editor, emphasizes the importance of monitoring Donegal Group's financial health, given its recent developments.