Rep. C. Scott Franklin Sells Off Shares of The Baldwin Insurance Group, Inc. (NASDAQ:BWIN)

Representative C. Scott Franklin (R-Florida) recently sold shares of The Baldwin Insurance Group, Inc. (NASDAQ:BWIN). In a filing disclosed on February 23rd, the Representative disclosed that they had sold between $1,000,001 and $5,000,000 in The Baldwin Insurance Group stock on February 7th. The trade occurred in the Representative’s “FIDELITY JOINT TBE” account.

Representative C. Scott Franklin also recently made the following trade(s):

• Sold $15,001 – $50,000 in shares of The Baldwin Insurance Group (NASDAQ:BWIN) on 2/6/2025.

The Baldwin Insurance Group Stock Up 0.3 %

BWIN opened at $39.30 on Tuesday. The company has a 50 day moving average of $39.82 and a 200 day moving average of $44.63. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 1.35. The Baldwin Insurance Group, Inc. has a 12 month low of $26.08 and a 12 month high of $55.82. The company has a market cap of $4.62 billion, a PE ratio of -61.41, a price-to-earnings-growth ratio of 1.17 and a beta of 1.63.

Analyst Ratings Changes

A number of equities analysts have recently commented on BWIN shares. Wells Fargo & Company cut their price target on The Baldwin Insurance Group from $41.00 to $38.00 and set an “underweight” rating for the company in a report on Tuesday, January 14th. Keefe, Bruyette & Woods cut their target price on The Baldwin Insurance Group from $50.00 to $49.00 and set an “outperform” rating for the company in a research note on Friday, January 10th. Finally, JPMorgan Chase & Co. reduced their target price on The Baldwin Insurance Group from $47.00 to $46.00 and set an “overweight” rating for the company in a report on Friday, January 3rd. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $45.50.

Insider Activity

In other news, major shareholder Elizabeth Krystyn sold 191,307 shares of the stock in a transaction dated Monday, December 9th. The stock was sold at an average price of $45.18, for a total transaction of $8,643,250.26. Following the transaction, the insider now directly owns 232,570 shares in the company, valued at approximately $10,507,512.60. This represents a 45.13 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 20.14% of the company’s stock.

Institutional Investors Weigh In On The Baldwin Insurance Group

Several large investors have recently added to or reduced their stakes in BWIN. FMR LLC purchased a new stake in shares of The Baldwin Insurance Group in the 4th quarter valued at about $325,535,000. Vanguard Group Inc. purchased a new stake in The Baldwin Insurance Group in the fourth quarter valued at approximately $255,331,000. William Blair Investment Management LLC bought a new stake in The Baldwin Insurance Group during the fourth quarter valued at approximately $190,218,000. Bamco Inc. NY purchased a new position in The Baldwin Insurance Group in the 4th quarter worth approximately $116,668,000. Finally, Capital International Investors bought a new position in shares of The Baldwin Insurance Group in the 4th quarter worth $99,040,000. Institutional investors own 77.49% of the company’s stock.

About Representative Franklin

Scott Franklin (Republican Party) is a member of the U.S. House, representing Florida’s 18th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Franklin (Republican Party) is running for re-election to the U.S. House to represent Florida’s 18th Congressional District. He declared candidacy for the 2026 election.

Scott Franklin was born in Thomaston, Georgia. Franklin graduated from Lakeland High School. He served in the U.S. Navy from 1986 to 2000 and the U.S. Navy Reserve from 2000 to 2012.

Franklin earned a B.S. from the United States Naval Academy in 1986 and an M.B.A. from Embry-Riddle Aeronautical University in 1994. Franklin’s career experience includes owning an insurance agency and working as a naval aviator with the U.S. Navy.

About The Baldwin Insurance Group

The Baldwin Insurance Group, Inc operates as an independent insurance distribution firm that delivers insurance and risk management solutions in the United States. It operates through three segments: Insurance Advisory Solutions; Underwriting, Capacity & Technology Solutions; and Mainstreet Insurance Solutions.