Aubrey Capital Management Ltd Buys New Shares in 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) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 42,000 shares of the company's stock, valued at approximately $1,878,000.

Other large investors have also recently bought and sold shares of the company. TD Waterhouse Canada Inc. acquired a new position in The Baldwin Insurance Group during the 4th quarter worth $36,000. Assetmark Inc. acquired a new position in The Baldwin Insurance Group during the 4th quarter worth $38,000. Premier Fund Managers Ltd acquired a new position in The Baldwin Insurance Group during the 4th quarter worth $44,000. First Horizon Advisors Inc. acquired a new position in The Baldwin Insurance Group in the fourth quarter valued at approximately $55,000. Finally, Parkside Financial Bank & Trust acquired a new position in The Baldwin Insurance Group in the fourth quarter valued at approximately $59,000. Institutional investors and hedge funds own 77.49% of the company's stock.

Insiders Place Their Bets

In related news, Director Lowry Baldwin sold 62,500 shares of the firm's stock in a transaction on Monday, May 12th. The shares were sold at an average price of $39.00, for a total transaction of $2,437,500.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Trevor Baldwin sold 58,000 shares of the firm's stock in a transaction on Wednesday, June 11th. The stock was sold at an average price of $38.48, for a total transaction of $2,231,840.00. Following the sale, the chief executive officer now owns 144,676 shares in the company, valued at approximately $5,567,132.48. The trade was a 28.62% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 451,380 shares of company stock worth $17,731,131. Company insiders own 18.51% of the company's stock.

The Baldwin Insurance Group Stock Down 0.6%

Shares of NASDAQ:BWIN traded down $0.25 during trading on Friday, hitting $39.12. 675,686 shares of the company's stock traded hands, compared to its average volume of 572,677. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 1.35. The company has a 50-day moving average price of $40.13 and a 200-day moving average price of $41.04. The Baldwin Insurance Group, Inc. has a 52 week low of $31.47 and a 52 week high of $55.82. The company has a market cap of $4.64 billion, a price-to-earnings ratio of -61.13, a price-to-earnings-growth ratio of 1.17 and a beta of 1.65.

Analyst Ratings Changes

Several brokerages recently weighed in on BWIN. Wall Street Zen lowered shares of The Baldwin Insurance Group from a "hold" rating to a "sell" rating in a report on Friday, June 6th. Jefferies Financial Group increased their price objective on shares of The Baldwin Insurance Group from $41.00 to $42.00 and gave the company a "hold" rating in a report on Friday, April 11th. BMO Capital Markets cut their price objective on shares of The Baldwin Insurance Group from $51.00 to $50.00 and set an "outperform" rating on the stock in a report on Friday. Wells Fargo & Company increased their price objective on shares of The Baldwin Insurance Group from $33.00 to $34.00 and gave the company an "underweight" rating in a report on Thursday, April 10th. Finally, JPMorgan Chase & Co. restated a "neutral" rating and issued a $45.00 price objective (up from $39.00) on shares of The Baldwin Insurance Group in a report on Tuesday, April 8th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $44.83.

The Baldwin Insurance Group Company Profile

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.