Hagerty, Inc.
HGTYHagerty, Inc. is a specialty insurance and enthusiast engagement company focused on classic and collector vehicles. Founded in 1984, it offers insurance services tailored to vintage and treasured automobiles, along with a digital platform that provides a community for vehicle enthusiasts. The company also delivers media content and events designed to connect and engage automotive enthusiasts worldwide.
Company News
Garner Asset Management acquired 281,825 shares of Hagerty, representing a $3.39 million investment and 1.37% of its reportable assets. The stock is a specialty insurance provider for automotive and boating enthusiasts with strong growth potential.
Broad Arrow Auctions will host its first Las Vegas Auction on October 31, featuring 68 collector cars including a 2010 Bugatti Veyron and a 1962 Mercedes-Benz 300 SL Roadster, with notable collections like the Lone Star Sports Car Collection and Cobalt Collection.
Wix.com Ltd. is expected to report strong revenue growth in Q2 2024, driven by increasing adoption of its AI-powered products and growing momentum in its WIX Studio offering. However, rising expenses and macroeconomic volatility remain concerns.
Upgrades According to B of A Securities, the prior rating for West Pharmaceutical Services Inc (NYSE:WST) was changed from Neutral to Buy. West Pharmaceutical Servs earned $1.98 in the first quarter, compared to $2.30 in the year-ago quarter. The current stock performance of West Pharmaceutical Servs shows a 52-week-high of $376.72 and a 52-week-...
