GlobeNewsWire
24 Sept 2026, 08:12 UTC · 2h ago
Verdict
Headline takes no side. We score HGTY +0.20 across three claims — slightly bullish.
+0.20slightly bullish
More positive than 53% of ticker scores this week
What the story claims
3 claims · scored −1 bearish … +1 bullish · 3 new · 0 priced in
Broad Arrow Auctions, driven by Hagerty (NYSE: HGTY), is hosting the Zoute Concours Auction on October 9 and a Global Icons online auction from October 5-14.
Newpress release dated Sept 24, 2026
More positive than 42% of claims this week
The Zoute Concours Auction features a one-of-one 2000 BMW M5 Volkswagen W10 Prototype with an estimate of €250,000 - €350,000.
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5 related stories
Scored by the NIS engine · methodology.
So whatThe prototype's development cost was reportedly €2 million, meaning the current estimate represents only ~12-17% of its original R&D spend.
Near neutral — 98% of claims this week are stronger
A 1955 Mercedes-Benz 300 SL Gullwing Coupé is listed for the October 9 auction with an estimate of €1.7 million - €2 million.
Newpress release dated Sept 24, 2026
So whatThe sale of one of the 1,400 produced units at this price point serves as a benchmark for the valuation of unrestored Gullwings in Q4 2026.
Near neutral — 98% of claims this week are stronger
Which stocks this story touches
More positive than 53% of ticker scores this week
Hagerty is driving the successful curation and execution of high-profile luxury car auctions.
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GlobeNewsWire
1w ago
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HGTY hasn't traded since this ran. Last close $13.70 (Sep 23); the reaction starts at the next open.
HGTY chart →
