Hagerty's Broad Arrow Sets Record $97.4M at The Quail Auction
HGTY sits 38% above its 52-week low of $9.36.
Summary
Broad Arrow Auctions, driven by Hagerty, reported $97.4 million in total sales at its inaugural The Quail Auction, with an 85% sell-through rate. The top lot, a 2003 Ferrari Enzo, sold for $10.675 million. This is Broad Arrow's highest-grossing Monterey Car Week sale to date and sets eight world auction records. The strong results validate Hagerty's expansion into high-end auction partnerships and indicate robust demand in the collector car market. This follows Hagerty's Q2 2026 report of record member growth and a 32% jump in adjusted EBITDA.
At the time of this announcement, HGTY was trading at $12.92 on NYSE in the Trade & Services sector, with a market capitalization of approximately $4.4B. The 52-week trading range was $9.36 to $14.00. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: GlobeNewswire.