Hagerty Inc Class A (HGTY)

Over the past six months, Hagerty, Inc. has experienced some notable events and stock performance with a six-month change of -15.32%. Hagerty announced strong financial results for the third quarter of 2025, with total revenue increasing 18% year-over-year and net income up 143% year-over-year, and raised its full-year 2025 outlook. The company signed a new partnership with Liberty Mutual to offer Hagerty's collectible car coverage to its policyholders starting in 2026. Hagerty reported its full-year 2025 results and provided a 2026 growth outlook. Hagerty is transitioning to 100% risk retention via a new fronting arrangement with Markel, effective January 2026, which is expected to enhance underwriting control and profitability. The launch of an Enthusiast+ product and the Drivers Edge Insurance Company broadens exposure to modern enthusiast cars.

Hagerty, Inc. exhibits some demand seasonality based on historical data over the past 5 to 7 years. November has been the strongest month for the stock, with an average return of 7.19% and a 100% win rate. March tends to be the weakest month, averaging a -7.90% return. The overall monthly win rate for the full calendar year is 56.7%, with 7 out of 12 months typically showing positive average returns. The seasonal pattern has a consistency score of 38.5, suggesting that while trends exist, they may not be consistently reliable across all market conditions.

Hagerty, Inc. is an American automotive lifestyle and membership company, and a leading provider of specialty insurance for classic and enthusiast vehicles, motorcycles, and boats worldwide. The company operates within the Finance sector, specifically in the Insurance - Property & Casualty industry. Hagerty's business model is centered on a passion for automobiles, offering a unique membership model and cultivating deep connections with automotive enthusiasts. Hagerty offers specialty insurance with features like Guaranteed Value coverage, flexible usage policies, and specialized claims handling. The Hagerty Drivers Club is a membership program bundled with insurance that provides roadside assistance, access to Hagerty magazine, exclusive events, and proprietary vehicle valuation tools. Hagerty owns and organizes immersive automotive events such as The Amelia Concours, The Greenwich Concours, California Mille, and Motorlux. Hagerty has a thriving automotive media content platform that includes Hagerty Drivers Club Magazine, Hagerty Originals videos, and articles. Hagerty provides a platform for buying and selling vehicles through live and digital auctions and specialty lending. Hagerty offers market-leading valuation tools for classic and enthusiast vehicles.

Hagerty, Inc. operates primarily in the United States, with additional international operations in Canada, Germany, and the United Kingdom.

Hagerty, Inc. maintains a strong brand reputation, particularly within the automotive enthusiast community. The company boasts an exceptional 82 Net Promoter Score, which is approximately twice the industry average, indicating high customer satisfaction and loyalty. This strong brand equity is attributed to its focus on the needs and desires of its members, excellent customer service, and a passionate team of automotive experts. Hagerty's innovative product offerings, such as the Enthusiast+ program and proprietary valuation tools, also contribute to its differentiated experience and customer engagement.

Hagerty, Inc. has a diverse ownership structure, including institutional investors, individual investors, and the founding family. Approximately 81.08% of the company's stock is owned by institutional investors, while insiders hold about 3.62%, and public companies and individual investors own 3.76%. Major institutional owners include State Farm Mutual Automobile Insurance Co., Neuberger Berman Group LLC, Polar Capital Holdings Plc, Vanguard Group Inc, Markel Corp, Greenhaven Road Investment Management, L.P., Pembroke Management, LTD, T. Rowe Price Investment Management, Inc., Lincoln Capital LLC, and BlackRock, Inc. The founding family, through Hagerty Holding Corp., maintains significant control, holding beneficial ownership of over 50% of the company's total voting control.