Alyeska Investment Group L.P. Sells 52,918 Shares of TWFG, Inc. (NASDAQ:TWFG)

Alyeska Investment Group L.P. cut its position in shares of TWFG, Inc. (NASDAQ:TWFG - Free Report) by 18.8% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 227,967 shares of the company's stock after selling 52,918 shares during the quarter. Alyeska Investment Group L.P. owned about 1.54% of TWFG worth $7,021,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in TWFG. Geode Capital Management LLC purchased a new stake in shares of TWFG in the 3rd quarter worth about $3,699,000. Y Intercept Hong Kong Ltd bought a new position in shares of TWFG during the fourth quarter valued at approximately $244,000. ExodusPoint Capital Management LP lifted its holdings in shares of TWFG by 199.0% during the fourth quarter. ExodusPoint Capital Management LP now owns 99,122 shares of the company's stock valued at $3,053,000 after purchasing an additional 65,968 shares during the last quarter. Vanguard Group Inc. boosted its position in shares of TWFG by 5.5% in the 4th quarter. Vanguard Group Inc. now owns 616,899 shares of the company's stock worth $19,000,000 after purchasing an additional 32,382 shares in the last quarter. Finally, JPMorgan Chase & Co. purchased a new stake in shares of TWFG in the 4th quarter worth approximately $410,000.

TWFG Stock Performance

Shares of TWFG stock opened at $32.69 on Tuesday. The company has a quick ratio of 122.61, a current ratio of 122.61 and a debt-to-equity ratio of 0.02. The stock's fifty day moving average is $30.92 and its two-hundred day moving average is $30.92. TWFG, Inc. has a 52 week low of $21.31 and a 52 week high of $36.50.

Analyst Ratings Changes

TWFG has been the subject of several recent analyst reports. Morgan Stanley decreased their target price on shares of TWFG from $31.00 to $30.00 and set an "equal weight" rating for the company in a report on Tuesday, March 25th. BMO Capital Markets boosted their price objective on shares of TWFG from $30.00 to $32.00 and gave the stock an "outperform" rating in a report on Tuesday, March 4th. Finally, Keefe, Bruyette & Woods cut their target price 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. Four equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, TWFG currently has an average rating of "Moderate Buy" and an average 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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