Brokerages Set TWFG, Inc. (NASDAQ:TWFG) PT at $35.57

Key Points

• TWFG, Inc. has received an average rating of "Moderate Buy" from nine brokerages, with four analysts recommending a hold and five recommending a buy on the stock.
• The average twelve-month price target for TWFG shares among analysts is $35.57, with notable price target adjustments made by firms such as UBS Group increasing theirs to $42.00.
• Institutional investors have recently increased their positions in TWFG, with ExodusPoint Capital Management boosting their stake by 199% in the last quarter.

Shares of TWFG, Inc. (NASDAQ:TWFG - Get Free Report) have been assigned an average recommendation of "Moderate Buy" from the nine brokerages that are currently covering the firm, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $35.57.

TWFG has been the topic of several recent analyst reports. Keefe, Bruyette & Woods decreased their target price 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. JPMorgan Chase & Co. increased their price objective on TWFG from $33.00 to $34.00 and gave the stock a "neutral" rating in a research report on Monday, May 19th. Morgan Stanley raised their price objective on TWFG from $29.00 to $34.00 and gave the stock an "equal weight" rating in a research report on Monday, May 19th. Finally, UBS Group upped their price objective on shares of TWFG from $40.00 to $42.00 and gave the stock a "buy" rating in a report on Wednesday, July 9th.

TWFG Price Performance

Shares of NASDAQ:TWFG traded up $0.26 during trading on Monday, reaching $30.57. The stock had a trading volume of 51,526 shares, compared to its average volume of 88,214. The business has a fifty day moving average price of $34.15 and a 200-day moving average price of $32.02. TWFG has a 1-year low of $22.93 and a 1-year high of $36.85. The company has a debt-to-equity ratio of 0.01, a quick ratio of 124.50 and a current ratio of 124.50. The stock has a market cap of $1.71 billion and a PE ratio of 2.84.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. PDT Partners LLC lifted its position in shares of TWFG by 4.3% during the 1st quarter. PDT Partners LLC now owns 16,887 shares of the company's stock valued at $522,000 after acquiring an additional 692 shares during the period. Quantbot Technologies LP boosted 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 buying an additional 1,981 shares during the last quarter. Tower Research Capital LLC TRC grew its holdings in TWFG by 273.8% in the fourth quarter. Tower Research Capital LLC TRC now owns 3,233 shares of the company's stock valued at $100,000 after purchasing an additional 2,368 shares during the period. LPL Financial LLC increased its holdings in shares of TWFG by 13.0% during the 4th quarter. LPL Financial LLC now owns 31,171 shares of the company's stock worth $960,000 after buying an additional 3,585 shares during the last quarter. Finally, State of Wyoming acquired a new stake in TWFG during the first quarter worth about $113,000.

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.