Rep. C. Scott Franklin Sells Off Shares of The Baldwin Insurance Group, Inc. (NASDAQ:BWIN)

Representative C. Scott Franklin (R-Florida) recently sold shares of The Baldwin Insurance Group, Inc. NASDAQ: BWIN. In a filing disclosed on April 17th, the Representative disclosed that they had sold between $500,001 and $1,000,000 in The Baldwin Insurance Group stock on April 10th. The trade occurred in the Representative's "FIDELITY JOINT TBE" account.

Representative C. Scott Franklin also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Novo Nordisk A/S NYSE: NVO on 3/27/2025.
• Purchased $15,001 - $50,000 in shares of Novo Nordisk A/S NYSE: NVO on 3/27/2025.
• Purchased $50,001 - $100,000 in shares of Amazon.com NASDAQ: AMZN on 2/26/2025.
• Purchased $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 2/26/2025.
• Purchased $15,001 - $50,000 in shares of Lockheed Martin NYSE: LMT on 2/18/2025.
• Purchased $1,001 - $15,000 in shares of Lockheed Martin NYSE: LMT on 2/18/2025.
• Sold $1,000,001 - $5,000,000 in shares of The Baldwin Insurance Group NASDAQ: BWIN on 2/7/2025.
• Sold $15,001 - $50,000 in shares of The Baldwin Insurance Group NASDAQ: BWIN on 2/6/2025.
• Sold $50,001 - $100,000 in shares of Costco Wholesale NASDAQ: COST on 1/28/2025.
• Sold $1,001 - $15,000 in shares of Costco Wholesale NASDAQ: COST on 1/28/2025.

The Baldwin Insurance Group Price Performance

Shares of The Baldwin Insurance Group stock traded up $0.93 on Wednesday, reaching $42.70. The stock had a trading volume of 395,005 shares, compared to its average volume of 558,782. The business's 50 day moving average is $41.77 and its two-hundred day moving average is $43.30. The company has a market cap of $5.02 billion, a P/E ratio of -66.72, a price-to-earnings-growth ratio of 1.17 and a beta of 1.52. The Baldwin Insurance Group, Inc. has a 1 year low of $31.47 and a 1 year high of $55.82. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 1.35.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Wells Fargo & Company raised their price target 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. JPMorgan Chase & Co. reissued a "neutral" rating and set a $45.00 price objective (up previously from $39.00) on shares of The Baldwin Insurance Group in a research note on Tuesday, April 8th. BMO Capital Markets began coverage on The Baldwin Insurance Group in a research note on Thursday, March 27th. They issued an "outperform" rating and a $53.00 target price on the stock. Keefe, Bruyette & Woods dropped their price target on The Baldwin Insurance Group from $50.00 to $49.00 and set an "outperform" rating for the company in a research report on Friday, January 10th. Finally, Jefferies Financial Group upped their price objective on shares of The Baldwin Insurance Group from $41.00 to $42.00 and gave the stock a "hold" rating in a research report on Friday, April 11th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $45.29.

Insider Transactions at The Baldwin Insurance Group

In related news, General Counsel Seth Bala Cohen sold 12,293 shares of the firm's stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $41.54, for a total transaction of $510,651.22. Following the transaction, the general counsel now directly owns 8,813 shares in the company, valued at $366,092.02. This trade represents a 58.24 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Lowry Baldwin sold 34,901 shares of the business's stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $40.22, for a total value of $1,403,718.22. Following the completion of the sale, the director now owns 90,099 shares of the company's stock, valued at $3,623,781.78. The trade was a 27.92 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 131,836 shares of company stock worth $5,330,639. Company insiders own 20.14% of the company's stock.

Institutional Trading of The Baldwin Insurance Group

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Elevation Wealth Partners LLC bought a new stake in shares of The Baldwin Insurance Group in the 4th quarter worth approximately $32,000. Nisa Investment Advisors LLC purchased a new position in The Baldwin Insurance Group in the 4th quarter worth $33,000. TD Waterhouse Canada Inc. bought a new stake in The Baldwin Insurance Group in the fourth quarter worth $36,000. Assetmark Inc. purchased a new stake in The Baldwin Insurance Group during the fourth quarter valued at about $38,000. Finally, Premier Fund Managers Ltd bought a new position in shares of The Baldwin Insurance Group during the fourth quarter valued at about $44,000. Hedge funds and other institutional investors own 77.49% of the company's stock.

About Representative Franklin

Scott Franklin (Republican Party) is a member of the U.S. House, representing Florida's 18th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027. Franklin (Republican Party) is running for re-election to the U.S. House to represent Florida's 18th Congressional District. He declared candidacy for the 2026 election. Scott Franklin was born in Thomaston, Georgia. Franklin graduated from Lakeland High School. He served in the U.S. Navy from 1986 to 2000 and the U.S. Navy Reserve from 2000 to 2012. Franklin earned a B.S. from the United States Naval Academy in 1986 and an M.B.A. from Embry-Riddle Aeronautical University in 1994. Franklin's career experience includes owning an insurance agency and working as a naval aviator with the U.S. Navy.

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.