Hagerty, Inc. (HGTY) saw significant insider selling activity on November 12, 2026, with two transactions totaling approximately $164.79 million. Holding Corp. Hagerty, a 10% owner, sold 10,000,000 shares at $14.33 per share, amounting to $143.30 million. In a separate transaction on the same date, Holding Corp. Hagerty also sold an additional 1,500,000 shares at $14.33 per share, valued at $21.50 million.
These sales follow previous divestitures by Holding Corp. Hagerty in September and earlier in November. While insider selling can be attributed to various reasons such as portfolio diversification, tax planning, or the need for personal liquidity, the concentrated nature of these transactions by a major holder may attract market attention.