62,922 Shares in The Baldwin Insurance Group, Inc. (NASDAQ:BWIN) Bought by Russell Investments Group Ltd.

Russell Investments Group Ltd. purchased a new position in shares of The Baldwin Insurance Group, Inc. (NASDAQ:BWIN - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 62,922 shares of the company's stock, valued at approximately $2,439,000. Russell Investments Group Ltd. owned 0.05% of The Baldwin Insurance Group as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Elevation Wealth Partners LLC acquired a new stake in shares of The Baldwin Insurance Group during the 4th quarter worth about $32,000. Nisa Investment Advisors LLC acquired a new stake in shares of The Baldwin Insurance Group during the fourth quarter worth approximately $33,000. Assetmark Inc. bought a new position in shares of The Baldwin Insurance Group in the fourth quarter valued at approximately $38,000. Premier Fund Managers Ltd bought a new position in shares of The Baldwin Insurance Group in the fourth quarter valued at approximately $44,000. Finally, First Horizon Advisors Inc. acquired a new position in shares of The Baldwin Insurance Group in the 4th quarter worth approximately $55,000. Institutional investors own 77.49% of the company's stock.

Analyst Ratings Changes

Several equities analysts have issued reports on BWIN shares. Wells Fargo & Company lifted their price objective 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. Jefferies Financial Group upped their price target 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. JPMorgan Chase & Co. restated a "neutral" rating and issued a $45.00 price objective (up previously from $39.00) on shares of The Baldwin Insurance Group in a research report on Tuesday, April 8th. BMO Capital Markets began coverage on shares of The Baldwin Insurance Group in a research note on Thursday, March 27th. They set an "outperform" rating and a $53.00 price target on the stock. Finally, Keefe, Bruyette & Woods dropped their price objective on shares of 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. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $45.29.

Insider Buying and Selling

In other news, General Counsel Seth Bala Cohen sold 12,293 shares of the company's stock in a transaction dated Thursday, February 27th. The stock was sold at an average price of $41.54, for a total value of $510,651.22. Following the completion of the sale, the general counsel now directly owns 8,813 shares of the company's stock, valued at $366,092.02. This represents a 58.24 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Trevor Baldwin sold 15,902 shares of The Baldwin Insurance Group stock in a transaction that occurred on Friday, March 14th. The stock was sold at an average price of $39.33, for a total transaction of $625,425.66. Following the transaction, the chief executive officer now directly owns 13,302 shares in the company, valued at $523,167.66. The trade was a 54.45 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 131,836 shares of company stock valued at $5,330,639 over the last three months. Company insiders own 20.14% of the company's stock.

The Baldwin Insurance Group Trading Down 0.4 %

Shares of The Baldwin Insurance Group stock traded down $0.18 on Thursday, hitting $42.52. 74,635 shares of the company's stock traded hands, compared to its average volume of 556,722. The firm's 50-day moving average price is $41.77 and its two-hundred day moving average price is $43.30. 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 stock has a market capitalization of $5.00 billion, a PE ratio of -66.44, a price-to-earnings-growth ratio of 1.17 and a beta of 1.52. The Baldwin Insurance Group, Inc. has a one year low of $31.47 and a one year high of $55.82.

The Baldwin Insurance Group 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.