Two Sigma Investments LP Acquires 40,052 Shares of TWFG, Inc. (NASDAQ:TWFG)

Two Sigma Investments LP increased its position in shares of TWFG, Inc. (NASDAQ:TWFG - Free Report) by 84.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 87,576 shares of the company's stock after buying an additional 40,052 shares during the period. Two Sigma Investments LP owned 0.59% of TWFG worth $2,697,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in TWFG. Venturi Wealth Management LLC acquired a new position in TWFG during the fourth quarter worth $86,000. Alberta Investment Management Corp boosted its position in TWFG by 4.4% during the fourth quarter. Alberta Investment Management Corp now owns 124,462 shares of the company's stock worth $3,833,000 after purchasing an additional 5,215 shares during the period. Y Intercept Hong Kong Ltd bought a new position in TWFG during the fourth quarter worth $244,000. Quantbot Technologies LP boosted its position in TWFG by 57.8% during the fourth quarter. Quantbot Technologies LP now owns 5,407 shares of the company's stock worth $167,000 after purchasing an additional 1,981 shares during the period. Finally, Sei Investments Co. boosted its position in TWFG by 56.4% during the fourth quarter. Sei Investments Co. now owns 13,157 shares of the company's stock worth $405,000 after purchasing an additional 4,747 shares during the period.

Analyst Ratings Changes

A number of equities analysts have commented on TWFG shares. BMO Capital Markets lifted their price objective on shares of 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 reduced their price objective on shares of TWFG from $33.00 to $32.00 and set a "market perform" rating for the company in a research report on Wednesday, April 9th. JPMorgan Chase & Co. lifted their price objective on shares of TWFG from $33.00 to $34.00 and gave the stock a "neutral" rating in a research report on Monday, May 19th. Finally, Morgan Stanley lifted their price objective on shares of TWFG from $29.00 to $34.00 and gave the stock an "equal weight" rating in a research report on Monday, May 19th. Four research analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat, TWFG has an average rating of "Moderate Buy" and a consensus price target of $33.71.

TWFG Stock Performance

Shares of TWFG stock traded down $0.09 during trading on Wednesday, reaching $35.16. The company's stock had a trading volume of 42,450 shares, compared to its average volume of 145,487. The business's 50-day moving average price is $32.47 and its 200-day moving average price is $31.24. The firm has a market cap of $1.97 billion and a PE ratio of 3.26. TWFG, Inc. has a 52 week low of $21.31 and a 52 week high of $36.85. The company has a quick ratio of 122.61, a current ratio of 122.61 and a debt-to-equity ratio of 0.02.

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.