The Baldwin Insurance Group, Inc. (NASDAQ:BWIN - Get Free Report) insider James Morgan Roche sold 10,894 shares of the firm's stock in a transaction dated Thursday, June 12th. The stock was sold at an average price of $40.03, for a total value of $436,086.82. Following the sale, the insider now directly owns 68,792 shares in the company, valued at approximately $2,753,743.76. This represents a 13.67% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
James Morgan Roche also recently made the following trade(s):
- On Friday, June 13th, James Morgan Roche sold 26,679 shares of The Baldwin Insurance Group stock. The stock was sold at an average price of $40.07, for a total transaction of $1,069,027.53.
- On Wednesday, June 4th, James Morgan Roche sold 7,142 shares of The Baldwin Insurance Group stock. The shares were sold at an average price of $40.08, for a total transaction of $286,251.36.
- On Friday, May 16th, James Morgan Roche sold 3,572 shares of The Baldwin Insurance Group stock. The stock was sold at an average price of $40.04, for a total transaction of $143,022.88.
- On Thursday, May 15th, James Morgan Roche sold 14,222 shares of The Baldwin Insurance Group stock. The stock was sold at an average price of $40.01, for a total value of $569,022.22.
- On Tuesday, May 13th, James Morgan Roche sold 13,340 shares of The Baldwin Insurance Group stock. The shares were sold at an average price of $40.02, for a total value of $533,866.80.
- On Thursday, May 8th, James Morgan Roche sold 21,035 shares of The Baldwin Insurance Group stock. The stock was sold at an average price of $40.05, for a total value of $842,451.75.
The Baldwin Insurance Group Stock Performance
NASDAQ BWIN traded up $0.43 during trading on Monday, reaching $39.55. 258,389 shares of the company's stock were exchanged, compared to its average volume of 572,709. 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 business has a 50 day moving average price of $40.14 and a 200-day moving average price of $40.86. The stock has a market capitalization of $4.69 billion, a P/E ratio of -61.77, a PEG ratio of 1.17 and a beta of 1.65. The Baldwin Insurance Group, Inc. has a fifty-two week low of $32.46 and a fifty-two week high of $55.82.
Wall Street Analysts Forecast Growth
A number of equities analysts have weighed in on the company. Wall Street Zen downgraded The Baldwin Insurance Group from a "hold" rating to a "sell" rating in a research report on Friday, June 6th. JPMorgan Chase & Co. reaffirmed a "neutral" rating and issued a $45.00 target price (up previously from $39.00) on shares of The Baldwin Insurance Group in a research report on Tuesday, April 8th. Jefferies Financial Group lifted their price target on shares of The Baldwin Insurance Group from $41.00 to $42.00 and gave the company a "hold" rating in a research note on Friday, April 11th. BMO Capital Markets decreased their price objective on The Baldwin Insurance Group from $51.00 to $50.00 and set an "outperform" rating for the company in a report on Friday. Finally, Wells Fargo & Company lifted their target price on The Baldwin Insurance Group from $33.00 to $34.00 and gave the company an "underweight" rating in a research report on Thursday, April 10th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus target price of $44.83.
Check Out Our Latest Stock Report on The Baldwin Insurance Group
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in the business. TD Waterhouse Canada Inc. bought a new stake in The Baldwin Insurance Group in the 4th quarter valued at $36,000. Assetmark Inc. acquired a new position in shares of The Baldwin Insurance Group in the fourth quarter valued at $38,000. Premier Fund Managers Ltd bought a new position in shares of The Baldwin Insurance Group in the fourth quarter valued at about $44,000. First Horizon Advisors Inc. acquired a new stake in shares of The Baldwin Insurance Group during the 4th quarter worth about $55,000. Finally, Parkside Financial Bank & Trust acquired a new stake in shares of The Baldwin Insurance Group during the 4th quarter worth about $59,000. 77.49% of the stock is currently owned by institutional investors.
About The Baldwin Insurance Group
(
Get Free Report)
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.
Further Reading
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