9,153 Shares in TWFG, Inc. (NASDAQ:TWFG) Purchased by D. E. Shaw & Co. Inc.

D. E. Shaw & Co. Inc. bought a new stake in TWFG, Inc. (NASDAQ:TWFG - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 9,153 shares of the company's stock, valued at approximately $282,000. D. E. Shaw & Co. Inc. owned 0.06% of TWFG at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in TWFG. Venturi Wealth Management LLC purchased a new stake in TWFG during the 4th quarter valued at about $86,000. Alberta Investment Management Corp boosted its position in TWFG by 4.4% in the fourth quarter. Alberta Investment Management Corp now owns 124,462 shares of the company's stock valued at $3,833,000 after buying an additional 5,215 shares during the last quarter. Y Intercept Hong Kong Ltd acquired a new position in TWFG in the 4th quarter worth approximately $244,000. Quantbot Technologies LP increased its holdings in TWFG by 57.8% in the 4th quarter. Quantbot Technologies LP now owns 5,407 shares of the company's stock worth $167,000 after buying an additional 1,981 shares during the period. Finally, Sei Investments Co. raised its position in TWFG by 56.4% during the 4th quarter. Sei Investments Co. now owns 13,157 shares of the company's stock worth $405,000 after buying an additional 4,747 shares during the last quarter.

Analyst Ratings Changes

Several research firms have commented on TWFG. Keefe, Bruyette & Woods lowered their price objective 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. JPMorgan Chase & Co. lifted their price target on TWFG from $33.00 to $34.00 and gave the stock a "neutral" rating in a research note on Monday, May 19th. Morgan Stanley increased their price objective on TWFG from $29.00 to $34.00 and gave the company an "equal weight" rating in a research note on Monday, May 19th. Finally, BMO Capital Markets raised their price target on shares of TWFG from $30.00 to $32.00 and gave the stock an "outperform" rating in a research note on Tuesday, March 4th. Four equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, TWFG presently has an average rating of "Moderate Buy" and an average target price of $33.71.

TWFG Trading Up 0.7%

TWFG stock traded up $0.26 during trading on Friday, reaching $35.15. 28,812 shares of the stock were exchanged, compared to its average volume of 146,906. The company has a current ratio of 122.61, a quick ratio of 122.61 and a debt-to-equity ratio of 0.02. The firm has a market capitalization of $1.97 billion and a price-to-earnings ratio of 3.26. The business has a 50 day moving average price of $32.16 and a 200-day moving average price of $31.17. TWFG, Inc. has a 1 year low of $21.31 and a 1 year high of $36.67.

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.