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Hagerty Inc Class A ( (HGTY) ) has issued an announcement.
On August 6, 2025, Hagerty, Inc. announced a secondary public offering of 8,700,000 shares of its Class A Common Stock, facilitated by Aldel LLC and Hagerty Holding Corp. While Hagerty will not receive proceeds from this sale, the offering is intended to benefit the estate of Kim Hagerty through a redemption of shares. The announcement underscores Hagerty’s strategic financial maneuvers and may influence its market positioning and stakeholder interests.
The most recent analyst rating on (HGTY) stock is a Hold with a $12.00 price target. To see the full list of analyst forecasts on Hagerty Inc Class A stock, see the HGTY Stock Forecast page.
Spark’s Take on HGTY Stock
According to Spark, TipRanks’ AI Analyst, HGTY is a Outperform.
Hagerty Inc’s overall stock score of 77 reflects a strong financial foundation with robust revenue and profit growth, supported by strategic initiatives and corporate events. While technical indicators and valuation suggest some caution, the company’s positive earnings outlook and strategic initiatives position it well for future growth.
To see Spark’s full report on HGTY stock, click here.
More about Hagerty Inc Class A
Hagerty, Inc. is an automotive enthusiast brand and a leading provider of specialty vehicle insurance. The company offers expert car valuation data, live and digital car auction services, immersive events, and automotive entertainment. It serves a community of over 900,000 car enthusiasts through the Hagerty Drivers Club and operates in the U.S., Canada, and the U.K.
Average Trading Volume: 79,762
Technical Sentiment Signal: Buy
Current Market Cap: $3.8B
See more insights into HGTY stock on TipRanks’ Stock Analysis page.