Capital International Investors Purchases 206,969 Shares of TWFG, Inc. (NASDAQ:TWFG)

Capital International Investors increased its stake in shares of TWFG, Inc. (NASDAQ:TWFG - Free Report) by 30.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 878,807 shares of the company's stock after buying an additional 206,969 shares during the quarter. Capital International Investors owned 5.93% of TWFG worth $27,067,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. Geode Capital Management LLC purchased a new position in TWFG during the third quarter worth about $3,699,000. Y Intercept Hong Kong Ltd bought a new position in TWFG in the 4th quarter valued at $244,000. ExodusPoint Capital Management LP increased its position in shares of TWFG by 199.0% during the 4th 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 holdings 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 buying an additional 32,382 shares during the last quarter. Finally, Lord Abbett & CO. LLC bought a new position in TWFG during the third quarter valued at about $8,122,000.

TWFG Trading Down 4.2 %

TWFG stock traded down $1.36 during mid-day trading on Friday, reaching $31.29. 360,485 shares of the company traded hands, compared to its average volume of 156,325. The company has a fifty day moving average price of $30.66 and a 200-day moving average price of $30.79. TWFG, Inc. has a 52-week low of $21.31 and a 52-week high of $36.50. The company has a quick ratio of 122.61, a current ratio of 122.61 and a debt-to-equity ratio of 0.02.

Analyst Ratings Changes

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

About TWFG

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.