Aquatic Capital Management LLC Invests $874,000 in The Baldwin Insurance Group, Inc. (NASDAQ:BWIN)

Aquatic Capital Management LLC acquired a new position in shares of The Baldwin Insurance Group, Inc. (NASDAQ:BWIN - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 22,543 shares of the company's stock, valued at approximately $874,000.

Several other hedge funds have also recently made changes to their positions in the company. Johnson Financial Group Inc. purchased a new position in shares of The Baldwin Insurance Group in the fourth quarter worth about $63,000. T. Rowe Price Investment Management Inc. acquired a new position in shares of The Baldwin Insurance Group in the fourth quarter worth about $77,283,000. Price T Rowe Associates Inc. MD purchased a new stake in shares of The Baldwin Insurance Group in the fourth quarter valued at approximately $1,914,000. Tower Research Capital LLC TRC acquired a new position in The Baldwin Insurance Group during the fourth quarter worth $85,000. Finally, TD Waterhouse Canada Inc. purchased a new stake in shares of The Baldwin Insurance Group during the fourth quarter worth about $36,000. 77.49% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at The Baldwin Insurance Group

In other The Baldwin Insurance Group news, CEO Trevor Baldwin sold 68,740 shares of the firm's stock in a transaction dated Wednesday, March 12th. The shares were sold at an average price of $40.60, for a total transaction of $2,790,844.00. Following the sale, the chief executive officer now directly owns 80,663 shares of the company's stock, valued at $3,274,917.80. This trade represents a 46.01 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, General Counsel Seth Bala Cohen sold 12,293 shares of the business's stock in a transaction that occurred on Thursday, February 27th. The shares were sold at an average price of $41.54, for a total transaction of $510,651.22. Following the completion of the transaction, the general counsel now directly owns 8,813 shares of the company's stock, valued at approximately $366,092.02. This represents a 58.24 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 131,836 shares of company stock worth $5,330,639. 20.14% of the stock is owned by corporate insiders.

The Baldwin Insurance Group Price Performance

BWIN traded up $0.03 during trading on Tuesday, reaching $40.74. 154,173 shares of the stock were exchanged, compared to its average volume of 556,391. The Baldwin Insurance Group, Inc. has a 1 year low of $31.47 and a 1 year high of $55.82. The company has a market capitalization of $4.79 billion, a price-to-earnings ratio of -63.70, a P/E/G ratio of 1.17 and a beta of 1.77. The business's 50 day moving average price is $42.00 and its two-hundred day moving average price is $42.58. The company has a debt-to-equity ratio of 1.35, a current ratio of 0.98 and a quick ratio of 0.98.

Wall Street Analysts Forecast Growth

BWIN has been the topic of a number of research analyst reports. Jefferies Financial Group lifted their price target on The Baldwin Insurance Group from $41.00 to $42.00 and gave the stock a "hold" rating in a research note on Friday, April 11th. BMO Capital Markets started coverage on The Baldwin Insurance Group in a report on Thursday, March 27th. They issued an "outperform" rating and a $53.00 price objective on the stock. Wells Fargo & Company boosted their price objective on The Baldwin Insurance Group from $33.00 to $34.00 and gave the stock an "underweight" rating in a research report on Thursday, April 10th. Keefe, Bruyette & Woods cut their price objective on shares of The Baldwin Insurance Group from $50.00 to $49.00 and set an "outperform" rating on the stock in a report on Friday, January 10th. Finally, JPMorgan Chase & Co. reiterated a "neutral" rating and set a $45.00 price target (up previously from $39.00) on shares of The Baldwin Insurance Group in a research note on Tuesday, April 8th. One analyst has rated the stock with a sell rating, two have issued a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $45.29.

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.