Monitor Hagerty's next quarterly filing for any revenue contribution from Broad Arrow's auction commissions and fees. The strong auction results are a positive signal for the marketplace segment but do not alter Hagerty's core insurance business outlook.
Price Chart
Executive Summary
Hagerty's Broad Arrow Auctions subsidiary reported $97.4M in total sales at its inaugural Quail Auction, with an 85% sell-through rate (159 of 186 lots) and multiple world-record prices for Ferrari and Bugatti models. The strong auction results signal robust demand in the collector car market and validate Hagerty's marketplace strategy, though the press release contains no financial data for Hagerty itself (revenue, EPS, or guidance). The event is a positive operational milestone but does not change Hagerty's standalone financial outlook.
Key Financial Metrics
Key Facts
- Broad Arrow's Quail Auction achieved $97.4 million in total sales with 85% of lots sold (159 of 186 lots).
- The top lot was a 2003 Ferrari Enzo that sold for $10,675,000.
- Multiple world-record auction prices were set, including a 2025 Bugatti W16 Mistral ($8,805,000) and a 2019 Ferrari 812 Superfast ($747,500).
- Over 1,400 registered bidders participated in the two-day auction.
- The press release contains no financial data for Hagerty (revenue, EPS, or guidance).
Financial Impact
Auction generated $97.4M in gross sales; no impact on Hagerty's revenue or earnings disclosed.
Risk Factors
- No financial data for Hagerty itself is provided in this press release.
- Auction results are gross sales; Hagerty's actual revenue from commissions is not disclosed.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3346418 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 20, 2026 6d ago | Press Release | $15.52 | awaiting T+20 | — | $15.95 (+2.77%) |
Oct 15, 2026 11d ago | Press Release | $15.30 | awaiting T+20 | — | $15.95 (+4.25%) |
Oct 6, 2026 20d ago | SC 13G/A | $13.93 | awaiting T+20 | — | $15.95 (+14.50%) |
Sep 24, 2026 4w ago | Press Release | $13.58 $15.79 | ▲ +16.27% | ▲ +16.69% | $15.95 (+17.45%) |
Sep 23, 2026 4w ago | Press Release | $13.70 $15.52 | ▲ +13.28% | ▲ +12.60% | $15.95 (+16.42%) |
Sep 22, 2026 5w ago | Press Release | $13.55 $15.46 | ▲ +14.10% | ▲ +14.66% | $15.95 (+17.71%) |
Sep 17, 2026 5w ago | Press Release | $13.87 $15.30 | ▲ +10.31% | ▲ +9.10% | $15.95 (+15.00%) |
Sep 9, 2026 6w ago | Press Release | $13.49 $14.20 | ▼ −5.26% | ▼ −3.14% | $15.95 (−18.24%) |
Sep 3, 2026 7w ago | Press Release | $13.46 $13.61 | ▲ +1.11% | ▲ +2.30% | $15.95 (+18.50%) |
Aug 17, 2026 10w ago | Press Release | $12.86 $14.02 | ▲ +9.02% | ▲ +11.00% | $15.95 (+24.03%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers