Lighthouse Investment Partners LLC Sells 44,094 Shares of TWFG, Inc. (NASDAQ:TWFG)

Lighthouse Investment Partners LLC cut its stake in shares of TWFG, Inc. (NASDAQ:TWFG - Free Report) by 25.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 126,755 shares of the company's stock after selling 44,094 shares during the period. Lighthouse Investment Partners LLC owned 0.86% of TWFG worth $3,904,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Venturi Wealth Management LLC bought a new position in shares of TWFG during the fourth quarter worth approximately $86,000. Alberta Investment Management Corp boosted its holdings in shares of TWFG by 4.4% in the 4th quarter. Alberta Investment Management Corp now owns 124,462 shares of the company's stock valued at $3,833,000 after purchasing an additional 5,215 shares in the last quarter. Y Intercept Hong Kong Ltd acquired a new stake in shares of TWFG in the 4th quarter valued at $244,000. Quantbot Technologies LP boosted its holdings in shares of TWFG by 57.8% in the 4th quarter. Quantbot Technologies LP now owns 5,407 shares of the company's stock valued at $167,000 after purchasing an additional 1,981 shares in the last quarter. Finally, Sei Investments Co. boosted its holdings in shares of TWFG by 56.4% in the 4th quarter. Sei Investments Co. now owns 13,157 shares of the company's stock valued at $405,000 after purchasing an additional 4,747 shares in the last quarter.

Analysts Set New Price Targets

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

TWFG Price Performance

Shares of NASDAQ TWFG traded up $1.73 during mid-day trading on Thursday, hitting $33.99. 75,933 shares of the stock traded hands, compared to its average volume of 150,432. The company has a current ratio of 122.61, a quick ratio of 122.61 and a debt-to-equity ratio of 0.02. TWFG, Inc. has a twelve month low of $21.31 and a twelve month high of $36.50. The firm has a 50 day simple moving average of $31.13 and a two-hundred day simple moving average of $31.01.

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.