Braunegg George Gwyer, an insider at Mercury General Corp (MCY), purchased 3,053 shares of the company on December 9, 2025, at a price of $90.42 per share, totaling $276,000. Following this transaction, Gwyer holds 3,053 shares of the company.
Mercury General Corp operates as a broker and agency writer of automobile insurance, headquartered in Los Angeles, California. The company employs 4,200 full-time staff and offers a variety of insurance products, including homeowners, commercial automobile, and mechanical protection insurance. As of November 25, 2025, Mercury General has a market capitalization of $5.1 billion and a price-to-earnings ratio of 11.53, with earnings per share at 7.94 and a dividend yield of 136.6%.
The upcoming earnings report on July 27, 2026, is expected to show earnings per share of $1.31 and revenue of $1.6 billion.
Insider transactions like this provide transparency into executive confidence and company prospects. However, investors should consider such activity within a broader context, analyzing patterns across multiple insiders and time periods rather than isolated transactions.