The Baldwin Insurance Group, Inc. (NASDAQ:BWIN) Director Sells $2,395,000.00 in Stock

The Baldwin Insurance Group, Inc. (NASDAQ:BWIN - Get Free Report) Director Lowry Baldwin sold 62,500 shares of the stock in a transaction on Wednesday, May 28th. The stock was sold at an average price of $38.32, for a total transaction of $2,395,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Lowry Baldwin also recently made the following trade(s):

• On Monday, May 12th, Lowry Baldwin sold 62,500 shares of The Baldwin Insurance Group stock. The stock was sold at an average price of $39.00, for a total transaction of $2,437,500.00.
• On Monday, March 3rd, Lowry Baldwin sold 34,901 shares of The Baldwin Insurance Group stock. The stock was sold at an average price of $40.22, for a total transaction of $1,403,718.22.

The Baldwin Insurance Group Trading Up 0.6%

Shares of BWIN stock traded up $0.23 on Friday, hitting $38.72. 516,258 shares of the company's stock traded hands, compared to its average volume of 559,210. The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.98 and a current ratio of 0.98. The Baldwin Insurance Group, Inc. has a one year low of $31.47 and a one year high of $55.82. The company's fifty day simple moving average is $41.11 and its 200 day simple moving average is $41.42. The stock has a market capitalization of $4.59 billion, a price-to-earnings ratio of -60.50, a P/E/G ratio of 1.17 and a beta of 1.77.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on BWIN shares. JPMorgan Chase & Co. reissued a "neutral" rating and issued a $45.00 price target (up previously from $39.00) on shares of The Baldwin Insurance Group in a report on Tuesday, April 8th. Jefferies Financial Group increased 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 report on Friday, April 11th. Wells Fargo & Company increased their target price 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. Finally, BMO Capital Markets began coverage on shares of The Baldwin Insurance Group in a report on Thursday, March 27th. They set an "outperform" rating and a $53.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $45.33.

Hedge Funds Weigh In On The Baldwin Insurance Group

Institutional investors and hedge funds have recently made changes to their positions in the business. Nisa Investment Advisors LLC bought a new stake in The Baldwin Insurance Group in the 4th quarter worth $33,000. SG Americas Securities LLC bought a new stake in The Baldwin Insurance Group in the 4th quarter worth $395,000. Janney Montgomery Scott LLC bought a new stake in The Baldwin Insurance Group in the 4th quarter worth $269,000. Flagship Harbor Advisors LLC bought a new stake in The Baldwin Insurance Group in the 4th quarter worth $200,000. Finally, KBC Group NV bought a new stake in The Baldwin Insurance Group in the 4th quarter worth $127,000. Institutional investors own 77.49% of the company's stock.

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.