Aubrey Capital Management Ltd Purchases Shares of 42,000 The Baldwin Insurance Group, Inc. (NASDAQ:BWIN)

Aubrey Capital Management Ltd acquired a new position in shares of The Baldwin Insurance Group, Inc. (NASDAQ:BWIN - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 42,000 shares of the company's stock, valued at approximately $1,878,000.

A number of other institutional investors also recently modified their holdings of BWIN. TD Waterhouse Canada Inc. bought a new stake in shares of The Baldwin Insurance Group during the fourth quarter valued at approximately $36,000. Assetmark Inc. bought a new position in The Baldwin Insurance Group in the 4th quarter valued at $38,000. Premier Fund Managers Ltd acquired a new stake in shares of The Baldwin Insurance Group in the 4th quarter valued at $44,000. First Horizon Advisors Inc. bought a new position in The Baldwin Insurance Group in the fourth quarter valued at about $55,000. Finally, Parkside Financial Bank & Trust acquired a new stake in shares of The Baldwin Insurance Group during the 4th quarter worth approximately $59,000. Institutional investors own 77.49% of the company's stock.

The Baldwin Insurance Group Stock Down 1.0%

BWIN stock traded down $0.41 during midday trading on Monday, hitting $38.71. The company's stock had a trading volume of 681,029 shares, compared to its average volume of 574,341. The company's fifty day moving average price is $40.14 and its 200 day moving average price is $40.86. The Baldwin Insurance Group, Inc. has a twelve month low of $32.46 and a twelve month high of $55.82. The company has a debt-to-equity ratio of 1.35, a current ratio of 0.98 and a quick ratio of 0.98. The stock has a market capitalization of $4.59 billion, a P/E ratio of -60.48, a PEG ratio of 1.17 and a beta of 1.65.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on BWIN shares. Jefferies Financial Group upped their price objective on The Baldwin Insurance Group from $41.00 to $42.00 and gave the company a "hold" rating in a report on Friday, April 11th. JPMorgan Chase & Co. reiterated a "neutral" rating and issued a $45.00 price target (up from $39.00) on shares of The Baldwin Insurance Group in a research report on Tuesday, April 8th. Wall Street Zen downgraded shares of The Baldwin Insurance Group from a "hold" rating to a "sell" rating in a research note on Friday, June 6th. Wells Fargo & Company lifted their price target on shares of 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. Finally, BMO Capital Markets decreased their price target on shares of The Baldwin Insurance Group from $51.00 to $50.00 and set an "outperform" rating for the company in a report on Friday. Two analysts have rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $44.83.

Insider Activity at The Baldwin Insurance Group

In other The Baldwin Insurance Group news, insider James Morgan Roche sold 26,679 shares of the business's stock in a transaction that occurred on Friday, June 13th. The stock was sold at an average price of $40.07, for a total transaction of $1,069,027.53. Following the transaction, the insider now owns 42,113 shares of the company's stock, valued at $1,687,467.91. The trade was a 38.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Trevor Baldwin sold 58,000 shares of the stock in a transaction that occurred on Wednesday, June 11th. The shares were sold at an average price of $38.48, for a total value of $2,231,840.00. Following the completion of the sale, the chief executive officer now directly owns 144,676 shares of the company's stock, valued at approximately $5,567,132.48. The trade was a 28.62% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 451,380 shares of company stock valued at $17,731,131. 18.51% of the stock is owned by insiders.

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.