16,195 Shares in TWFG, Inc. (NASDAQ:TWFG) Bought by PDT Partners LLC

PDT Partners LLC purchased a new stake in TWFG, Inc. (NASDAQ:TWFG - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 16,195 shares of the company's stock, valued at approximately $499,000. PDT Partners LLC owned about 0.11% of TWFG at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Venturi Wealth Management LLC acquired a new stake in shares of TWFG in the fourth quarter valued at about $86,000. Tower Research Capital LLC TRC increased its position in shares of TWFG by 273.8% during the 4th quarter. Tower Research Capital LLC TRC now owns 3,233 shares of the company's stock worth $100,000 after purchasing an additional 2,368 shares during the last quarter. Quantbot Technologies LP boosted its holdings in shares of TWFG by 57.8% in the 4th quarter. Quantbot Technologies LP now owns 5,407 shares of the company's stock valued at $167,000 after buying an additional 1,981 shares during the last quarter. Y Intercept Hong Kong Ltd bought a new position in shares of TWFG in the fourth quarter valued at $244,000. Finally, Franklin Resources Inc. acquired a new position in TWFG during the third quarter worth $293,000.

TWFG Trading Down 0.2 %

TWFG stock opened at $31.62 on Friday. The company has a quick ratio of 122.61, a current ratio of 122.61 and a debt-to-equity ratio of 0.02. TWFG, Inc. has a 12 month low of $21.31 and a 12 month high of $36.50. The stock's 50 day moving average is $30.81 and its 200-day moving average is $30.85.

Analysts Set New Price Targets

TWFG has been the subject of a number of recent analyst reports. Morgan Stanley cut their price target on shares of TWFG from $31.00 to $30.00 and set an "equal weight" rating for the company in a research note on Tuesday, March 25th. JPMorgan Chase & Co. reiterated a "neutral" rating and set a $33.00 price target (up previously from $30.00) on shares of TWFG in a report on Friday, January 3rd. Keefe, Bruyette & Woods dropped their price objective on TWFG from $33.00 to $32.00 and set a "market perform" rating on the stock in a research note on Wednesday, April 9th. Finally, BMO Capital Markets lifted their target price on TWFG from $30.00 to $32.00 and gave the stock an "outperform" rating in a research note on Tuesday, March 4th. Four investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, TWFG has an average rating of "Moderate Buy" and a consensus price target of $33.00.

TWFG Company Profile

TWFG, Inc operates an independent distribution platform for personal and commercial insurance products in the United States. Its personal and commercial insurance products include auto, home, renters, life, health, motorcycle, umbrella, boat, recreational vehicle, flood, wind, event, luxury item, general liability, property, business auto, workers' compensation, business owner policy, and professional liability insurance products, as well as commercial bonds and group benefits.

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