Donegal group SVP sells $160,508 in stock By Investing.com

David Benjamin Bawel, Senior Vice President and Chief Accounting Officer at Donegal Group Inc (), sold shares of the company’s Class A Common Stock on September 9, 2026, according to a recent SEC filing.

Mr. Bawel disposed of 8,326 shares at a price of $19.278 per share, totaling $160,508. This transaction followed the exercise of options on the same date, through which he acquired 8,326 shares of Class A Common Stock at an exercise price of $14.39 per share, amounting to $119,811.

Following these transactions, Mr. Bawel directly holds 22,331 shares of Donegal Group Inc. He also indirectly owns 5,420 shares through a 401(k) Plan.The stock currently trades at $19.38, near Mr. Bawel’s sale price, with a P/E ratio of 12.87. According to InvestingPro analysis, the company appears undervalued based on its Fair Value assessment, placing it among opportunities on the most undervalued stocks list. The insurer maintains a dividend yield of 4.0% and has raised its dividend for 25 consecutive years—one of 8+ ProTips available to subscribers seeking deeper insights into DGICA’s investment potential.

In other recent news, Donegal Group Inc. reported a significant increase in its second-quarter profit for 2026, with a rise of 32% compared to the previous year. The company’s after-tax net income climbed to $22.3 million, up from $16.9 million. This improvement was attributed to lower weather-related losses, stronger investment income, and favorable reserve development, despite facing higher fire losses and increased expenses. The regional insurer also saw its combined ratio improve to 95.6% from 97.7% a year earlier. These recent developments highlight the company’s ability to manage its financial performance effectively.

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