The Baldwin Insurance Group, Inc. (NASDAQ:BWIN) CEO Trevor Baldwin Sells 15,902 Shares

The Baldwin Insurance Group, Inc. (NASDAQ:BWIN) CEO Trevor Baldwin sold 15,902 shares of the company’s stock in a transaction that occurred on Friday, March 14th. The stock was sold at an average price of $39.33, for a total transaction of $625,425.66. Following the completion of the transaction, the chief executive officer now owns 13,302 shares in the company, valued at approximately $523,167.66. This trade represents a 54.45 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Trevor Baldwin also recently made the following trade(s):

• On Wednesday, March 12th, Trevor Baldwin sold 68,740 shares of The Baldwin Insurance Group stock. The stock was sold at an average price of $40.60, for a total transaction of $2,790,844.00.

The Baldwin Insurance Group Trading Up 3.0 %

BWIN opened at $39.97 on Friday. The firm has a market capitalization of $4.70 billion, a price-to-earnings ratio of -62.45, a PEG ratio of 1.17 and a beta of 1.72. The Baldwin Insurance Group, Inc. has a one year low of $26.08 and a one year high of $55.82. The business has a 50 day simple moving average of $40.05 and a two-hundred day simple moving average of $44.33. The company has a debt-to-equity ratio of 1.35, a current ratio of 0.98 and a quick ratio of 0.98.

Analyst Ratings Changes

Several analysts have issued reports on BWIN shares. JPMorgan Chase & Co. cut their target price on The Baldwin Insurance Group from $46.00 to $39.00 and set an “overweight” rating for the company in a research note on Wednesday, February 26th. Wells Fargo & Company reduced their price target on The Baldwin Insurance Group from $38.00 to $33.00 and set an “underweight” rating on the stock in a research report on Wednesday, February 26th. Finally, Keefe, Bruyette & Woods lowered their price objective on The Baldwin Insurance Group from $50.00 to $49.00 and set an “outperform” rating for the company in a research report on Friday, January 10th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $43.50.

Hedge Funds Weigh In On The Baldwin Insurance Group

Hedge funds and other institutional investors have recently made changes to their positions in the business. Elevation Wealth Partners LLC purchased a new position in The Baldwin Insurance Group during the 4th quarter valued at $32,000. Nisa Investment Advisors LLC bought a new stake in shares of The Baldwin Insurance Group during the 4th quarter valued at about $33,000. TD Waterhouse Canada Inc. purchased a new position in shares of The Baldwin Insurance Group during the fourth quarter valued at about $36,000. Assetmark Inc. bought a new position in The Baldwin Insurance Group in the fourth quarter worth about $38,000. Finally, Premier Fund Managers Ltd purchased a new stake in The Baldwin Insurance Group in the fourth quarter worth about $44,000. Institutional investors own 77.49% of the company’s stock.

The Baldwin Insurance Group Company Profile

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.