Core Insights - Hagerty, Inc. is a prominent player in the automotive enthusiast community, primarily focusing on specialty vehicle insurance [1] - A director at Hagerty, Kauffman Robert I, sold 12,219 shares at $11.19 each but retains a significant holding of 952,593 shares [1][6] - The company is scheduled to release its third-quarter 2025 financial results on November 4, 2025, with a conference call to discuss these results [2][6] Financial Metrics - Hagerty has a price-to-earnings (P/E) ratio of 13.45, indicating how the market values its earnings [3][6] - The price-to-sales ratio stands at 2.98, reflecting the market's valuation of its revenue [3] - The enterprise value to sales ratio is 3.02, while the enterprise value to operating cash flow ratio is 25.99, providing a broader view of the company's valuation [4] - The earnings yield is 7.44%, indicating the return on investment for shareholders [4] - The debt-to-equity ratio is 1.13, showing the level of financial leverage used by the company [5][6]

TRAVERSE CITY, Mich., Oct. 21, 2025 /PRNewswire/ -- Hagerty, Inc. (NYSE: HGTY), an automotive enthusiast brand and a leading specialty vehicle insurance provider, today announced it will report its third quarter 2025 financial results before the market opens on Tuesday, November 4, 2025. Hagerty will hold a conference call to discuss the financial results at 10:00 am Eastern Time on that day. A live webcast of the conference call will be available on Hagerty's investor relations website at investor.hagerty. ...

Core Insights - Broad Arrow Auctions, a subsidiary of Hagerty, is launching its inaugural Las Vegas Auction on October 31, featuring a selection of high-value collector cars and memorabilia [1][2][3] Auction Details - The auction will showcase 68 collector cars and two Formula One memorabilia lots, held at the Wynn Las Vegas [2] - The event is part of the Concours at Wynn Las Vegas, creating a weekend dedicated to car enthusiasts [2] Featured Cars - The auction is headlined by a 2010 Bugatti Veyron EB 16.4 Coupe, estimated between $1.5 million and $1.8 million, and a 1962 Mercedes-Benz 300 SL Roadster, estimated between $1.45 million and $1.6 million [3][4] - The Bugatti Veyron is one of only 252 original units, with a low mileage of 6,515 miles [3] - The Mercedes-Benz 300 SL Roadster is one of approximately 270 units with original features and has been recently serviced [3] Additional Highlights - The auction includes notable collections such as the Lone Star Sports Car Collection, featuring a 1963 Maserati 3500 GTI Vignale Spyder Prototype estimated at $475,000 to $575,000 [5] - The Cobalt Collection features modern performance cars, including a 2001 BMW Z8 estimated at $275,000 to $325,000 [6][9] Modern Collectibles - High-performance modern cars include two Mercedes-Benz McLaren SLRs, with estimates of $850,000 to $950,000 for a 2009 Roadster and $600,000 to $700,000 for a 2006 Coupe [11][12] - A 2023 Ferrari 296 GTS Assetto Fiorano is also featured, estimated at $400,000 to $450,000 [13] Event Logistics - The auction is scheduled for October 31 at 3:00 PM PDT, with previews on October 30 and 31 [13][14] - Interested bidders can register and view the complete digital catalog online [14]

Core Insights - Broad Arrow Auctions, a subsidiary of Hagerty, is set to host its inaugural Las Vegas Auction on October 31, 2025, in partnership with Concours at Wynn Las Vegas, featuring a complete digital catalog of collector cars and memorabilia [1][2]. Auction Details - The auction will showcase 68 collector cars and two Formula One memorabilia lots, held in the Bandol 1 Room at Wynn Las Vegas, with cars displayed at the Wynn Golf Club [2]. - The event is part of the Concours at Wynn Las Vegas, providing a weekend of activities for car enthusiasts [2]. Featured Cars - The auction highlights include a 2010 Bugatti Veyron EB 16.4 Coupe, estimated between $1,500,000 and $1,800,000, and a 1962 Mercedes-Benz 300 SL Roadster, estimated between $1,450,000 and $1,600,000 [3]. - The Bugatti Veyron is one of only 252 original Coupes, with a low mileage of 6,515 miles, while the 300 SL Roadster retains its original components and is presented in its original colors [3]. Additional Collections - The auction will feature the Lone Star Sports Car Collection, which includes notable models such as a 1963 Maserati 3500 GTI Vignale Spyder Prototype (Estimate: $475,000 - $575,000) and a 1959 BMW 503 Series II Cabriolet (Estimate: $425,000 - $475,000) [5]. - The Cobalt Collection will also be present, featuring performance cars like a 2001 BMW Z8 (Estimate: $275,000 - $325,000) and a 2013 Dodge SRT Viper GTS Launch Edition (Estimate: $160,000 - $200,000) [6]. Modern Collectibles - The auction includes high-performance modern collectibles such as a 2009 Mercedes-Benz SLR McLaren Roadster 722 S (Estimate: $850,000 - $950,000) and a 2006 Mercedes-Benz SLR McLaren Coupe by MSO (Estimate: $600,000 - $700,000) [8][9]. - Additional modern collectibles include a 2023 Ferrari 296 GTS Assetto Fiorano (Estimate: $400,000 - $450,000) [10]. Event Schedule - The Las Vegas Auction is scheduled for October 31 at 3:00 PM PDT, with previews on October 30 and 31 [10].

SWISS-OWNED ICONS OF AUTOMOBILE HISTORY INCLUDES A 1966 FERRARI 275 GTB ALLOY WITH CONTINUED SWISS OWNERSHIP HISTORY | EXTREMELY DESIRABLE 1956 JAGUAR D-TYPE SHORT-NOSE THAT HAS BEEN WELL PRESERVED AND WIDELY ACKNOWLEDGED TO BE ONE OF THE MOST ORIGINAL IN EXISTENCE | AUCTION TAKES PLACE ON 1 NOVEMBER 2025 AT THE DOLDER GRAND HOTEL IN ASSOCIATION WITH AUTO ZÜRICH Photo courtesy of Broad Arrow Auctions 2024 Aston Martin Valkerie Spider Photo courtesy of Broad Arrow Auctions 1954 Jaguar D-Type Biceste ...

Core Insights - Broad Arrow Auctions, a Hagerty company, is set to hold its inaugural Zürich Auction featuring over 60 collectible cars with notable Swiss provenance [1][2][4] Auction Details - The auction will take place on November 1, 2025, at the Dolder Grand Hotel, coinciding with the Auto Zürich motor show [2] - Bidders can register for in-person, telephone, or online participation [13] Featured Cars - The auction includes a 1966 Ferrari 275 GTB Alloy, estimated between CHF 2,200,000 and CHF 2,600,000, known for its lightweight alloy body and continuous Swiss ownership [5] - A 1956 Jaguar D-Type, estimated at CHF 5,250,000 to CHF 6,250,000, is notable for never having been used in competitive motorsport [6] - The 2020 Bugatti Chiron Sport, with an estimate of CHF 2,900,000 to CHF 3,200,000, has only 11,000 km on the odometer and is capable of reaching 420 km/h [7] - A unique 1991 Isdera Sbarro Espera Turbo S20E, estimated between CHF 140,000 and CHF 230,000, is highlighted for its Swiss pedigree and design by Franco Sbarro [4] Company Background - Broad Arrow Auctions is recognized as a leading global collector car auction house, having rapidly expanded since its founding in 2021 [15] - The company has established itself as the fastest-growing auction house in its segment, with flagship events in the U.S. and recent expansions into Europe [15][16]

Core Viewpoint - The recommendation for Hagerty, Inc. (NYSE: HGTY) is a buy rating, indicating that the market is underestimating its growth potential [1] Group 1: Growth Potential - The launch of Enthusiast+, the State Farm catalyst, and partnerships with major carriers are seen as key drivers for growth [1] Group 2: Investment Strategy - The investment approach focuses on long-term investments while incorporating short-term shorts to uncover alpha opportunities [1] - The analysis is based on bottom-up evaluation, emphasizing the fundamental strengths and weaknesses of individual companies [1] - The investment duration is medium to long-term, targeting companies with solid fundamentals, sustainable competitive advantages, and growth potential [1]

Bicester, United Kingdom, Oct. 14, 2025 (GLOBE NEWSWIRE) -- Broad Arrow Auctions, a Hagerty company (NYSE: HGTY), is celebrating the success of its spectacular inaugural Zoute Concours Auction on Friday 10 October. Held in collaboration with the famed Zoute Grand Prix Week, the auction room was packed with collectors and guests who enjoyed a vibrant atmosphere on the beautiful grounds of Approach Golf in Knokke-Heist.  Broad Arrow’s first auction in Belgium featured some of the market’s most sought-after cl ...

Core Thesis - Hagerty, Inc. is positioned as a compelling investment opportunity within the classic-car insurance and enthusiast ecosystem, characterized by high-growth revenues and expanding margins [2][4]. Company Overview - Hagerty, Inc. shares were trading at $12.29 as of September 23rd, with trailing and forward P/E ratios of 61.45 and 27.32 respectively [1]. - The company dominates a niche market with high barriers to entry due to pricing complexity associated with vintage car rarity and VIN variability [2]. Business Model and Competitive Advantage - Hagerty utilizes proprietary data and valuation tools, providing a multi-year advantage in accurately pricing collectible cars [2]. - The company has a direct-to-consumer platform, agency partnerships, and ecosystem offerings such as the Hagerty Drivers Club and a marketplace for auctions and private sales, which enhance customer retention and create a defensible network effect [2]. Financial Performance - The insurance operation is highly profitable, featuring a low combined ratio and strong underwriting discipline [3]. - A transition to a fronting agreement with Markel allows for regulatory efficiency and full control over premiums and investments [3]. - Projected ROIC is above 18% against a 9% cost of capital, indicating substantial economic value creation [3]. Management and Customer Loyalty - The management team is deeply embedded in the business, contributing to operational excellence and brand loyalty, as evidenced by a high Net Promoter Score and over 90% customer retention [3]. Growth Potential - The auction business, led by experienced executives from Sotheby's and RM Sotheby's, is expected to grow significantly, leveraging Hagerty's niche brand and network for domestic and international expansion [3]. - The combination of a differentiated insurance franchise, ecosystem flywheel, and high-quality management provides a strong competitive moat and multi-year growth potential [4].

Core Insights - Broad Arrow Auctions, a Hagerty company, is set to host its inaugural Zoute Concours Auction featuring over 75 collector cars and memorabilia, generating significant excitement in the car collecting community [5][12]. Auction Highlights - The auction will take place on October 10, 2025, at Approach Golf in Knokke-Heist, in collaboration with Zoute Grand Prix Car Week [4][12]. - The catalogue includes notable collections such as The Aleggria Collection, featuring rare models like the 1990 Ferrari F40, 1987 Porsche 959 Komfort, and 1992 Bugatti EB110 GT [2][6][7]. Featured Cars - Daniel Ricciardo's Aston Martin Valkyrie is estimated between €2.4 million and €2.8 million, showcasing unique specifications and a low mileage of 160 km [6][8]. - The 1990 Ferrari F40 is estimated at €3 million to €3.2 million, recognized for its original condition and low mileage of just over 10,000 km [7]. - The 1987 Porsche 959 Komfort, one of only 266 models, is estimated at €1.7 million to €1.9 million, finished in a rare Graphite Metallic [7]. Motorsport Stars - The auction features historically significant motorsport cars, including the 1976 24 Hours of Spa-winning BMW 3.0 CSL and a Group B Citroën BX 4TC with only 190 km from new [10][11]. Additional Offerings - 26 collector cars will be offered without reserve, including a 1967 Ferrari 275 GTB/4 and a 2015 Bugatti Veyron 16.4 Grand Sport Vitesse 'Transformers' [11]. - The auction aims to cater to both new and established collectors, presenting a diverse range of desirable automobiles [5][12].