Tudor Investment Corp ET AL Takes Position in TWFG, Inc. (NASDAQ:TWFG)

Tudor Investment Corp ET AL bought a new stake in TWFG, Inc. (NASDAQ:TWFG - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 77,186 shares of the company's stock, valued at approximately $2,377,000. Tudor Investment Corp ET AL owned about 0.52% of TWFG as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. Venturi Wealth Management LLC purchased a new stake in TWFG during the fourth quarter valued at about $86,000. Tower Research Capital LLC TRC grew its position in TWFG by 273.8% during the 4th quarter. Tower Research Capital LLC TRC now owns 3,233 shares of the company's stock worth $100,000 after acquiring an additional 2,368 shares during the last quarter. Quantbot Technologies LP increased its stake in TWFG by 57.8% in the 4th 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. Y Intercept Hong Kong Ltd bought a new stake in TWFG in the fourth quarter valued at approximately $244,000. Finally, Norges Bank bought a new position in shares of TWFG in the fourth quarter worth approximately $297,000.

TWFG Price Performance

Shares of TWFG stock traded up $0.39 during trading on Friday, hitting $32.44. The company's stock had a trading volume of 9,554 shares, compared to its average volume of 152,084. TWFG, Inc. has a 52 week low of $21.31 and a 52 week high of $36.50. The company has a quick ratio of 122.61, a current ratio of 122.61 and a debt-to-equity ratio of 0.02. The company has a fifty day simple moving average of $31.03 and a two-hundred day simple moving average of $30.95.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on TWFG shares. BMO Capital Markets raised their price target on shares of TWFG from $30.00 to $32.00 and gave the stock an "outperform" rating in a report on Tuesday, March 4th. Morgan Stanley decreased their target price on TWFG from $31.00 to $30.00 and set an "equal weight" rating for the company in a report on Tuesday, March 25th. Finally, Keefe, Bruyette & Woods cut their price target on shares of TWFG from $33.00 to $32.00 and set a "market perform" rating on the stock in a report on Wednesday, April 9th. Four analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, TWFG has a consensus rating of "Moderate Buy" and an average target price of $33.00.

About TWFG

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.