Jakob Greisen, Senior Car Specialist for Broad Arrow Auctions states, "We are thrilled to have been entrusted with the sale of this spectacular part of Porsche history, offered from one of the best curated private Porsche collections in the world. This particular GT1 is an incredibly impressive example, not just because of its successful race history but also because it has lived a life mostly spared from serios damage or drama and it remains in exceptional overall condition. Impressively, the GT1 was colle ...

The upward trend in estimate revisions for this company reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Our stock rating tool -- the Zacks Rank -- has this insight at its core. Hagerty, Inc. (HGTY) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has bee ...

Grosse Pointe, Michigan, July 12, 2024 (GLOBE NEWSWIRE) -- 1913 Mercer 35-J Raceabout with Single Family Ownership Since 1959 Highlights Brass Era Brilliance at the Upcoming Broad Arrow Monterey Jet Center Auction The mighty Mercer Raceabout has long been celebrated as one of the ultimate examples among all automobiles of the Brass Era. Considered to predate the Ferrari GTO as the contemporary sports car of its kind by about five decades, today, Mercers, and most specifically, Raceabouts, remain one of the ...

Grosse Pointe, MI, July 09, 2024 (GLOBE NEWSWIRE) -- Broad Arrow Auctions, a Hagerty (NYSE: HGTY) company, is thrilled to announce the addition of a fourth and final U.S.-based auction for the 2024 calendar year that will see approximately 100 collector cars crossing the block as part of the 2024 Chattanooga Motorcar Festival. The partnership unites the fast-growing Motoring Festival, now in its fifth year, alongside a Broad Arrow boutique auction set to feature a wide array of collector cars on October 12, ...

Byron DeFoor, Founder of the Chattanooga Motorcar Festival states, "It gives me great pleasure to welcome my automotive enthusiast friends to our beautiful city each October and this year, we could not be more pleased to welcome Broad Arrow and Hagerty to be an integral part of the event and witness the transformation that our city undergoes in preparation for the festivities. I am equally proud that our event will again benefit the Neuroscience Innovation Foundation (NIF). I am humbled by the opportunity t ...

Hagerty, Inc. (HGTY) shares rallied 6.3% in the last trading session to close at $10.11. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 5.4% gain over the past four weeks. Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements ...

Weekend-long campaign includes exclusive member experiences, discounts and contests TRAVERSE CITY, Mich., June 13, 2024 /PRNewswire/ -- Hagerty, Inc. (NYSE: HGTY), an automotive enthusiast brand and leading specialty vehicle insurance provider, is hosting Hagerty Drivers Club "HDC Days," a celebration of the largest automotive membership in the world and ultimate community for car lovers, from Friday, June 21 through Sunday, June 23. Our over 830,000 members can participate in more than 20 live events acros ...

subject to inherent risks and uncertainties that are difficult to predict and may be outside of our control. Some of the factors that may cause our actual results to differ materially from those contemplated by our forwardlooking statements include: (i) our ability to recognize the anticipated benefits of the subject of this press release; (ii) our ability to compete effectively within our industry and attract and retain members; and (iii) the other risks and uncertainties listed in our Form 10-K filed with ...

Jakob Greisen, Senior Car Specialist for Broad Arrow Auctions states, "It gives me great pleasure to announce the 1957 Maserati 200si as a feature consignment for our upcoming Monterey Jet Center auction. Not only is this a car I have personally known for many years, but it's also a car that I have co-driven extensively with its owner on modern-day events such as the contemporary Mille Miglia, the California Mille, and the Colorado Grand, just to name a few. Throughout every single one of these events, chas ...

TRAVERSE CITY, Mich., June 3, 2024 /PRNewswire/ -- Hagerty, Inc. (NYSE: HGTY) (the "Company" or "Hagerty"), an automotive enthusiast brand and leading specialty vehicle insurance provider, announced today that it has commenced an exchange offer (the "Offer") and consent solicitation (the "Consent Solicitation") relating to its outstanding (i) public warrants (the "Public Warrants"), (ii) private placement warrants (the "Private Warrants"), (iii) underwriter warrants (the "Underwriter Warrants"), (iv) OTM wa ...