HGTY

In the past six months, Hagerty's stock was impacted by an upsized secondary offering of Class A Common Stock in early September 2026, priced at $11.95 per share, which affects public float and liquidity without providing cash to the company. The company reported strong second-quarter 2026 results on August 5, 2026, beating estimates with a GAAP loss of $0.02 per share and revenue of $354.82 million, showing 19% written premium growth and a 32% increase in adjusted EBITDA, leading to raised full-year guidance. In July 2026, Hagerty agreed to acquire Bennetts to become the second-largest specialty motorcycle insurance broker in the UK, tripling its market size there. Partnerships, including the State Farm Classic+ partnership live in 37 states with a goal to convert 525,000 policies by 2028, and expanded relationships with Liberty Mutual, Safeco, and Progressive, have also been noted. Additionally, Hagerty insiders sold over $122 million worth of company stock in the past three months.