TWFG (NASDAQ:TWFG) Director Acquires $207,570.00 in Stock

Key Points

• TWFG director Michael Doak bought 11,000 shares on May 28 at $18.87 each, a transaction worth $207,570, and now directly owns 679,398 shares valued at about $12.82 million.
• Doak has been активно buying TWFG shares over several days, including multiple purchases from May 20 through May 29, signaling sustained insider accumulation.
• TWFG recently beat quarterly earnings expectations, reporting $0.29 EPS versus the $0.20 consensus, while analysts currently have a Hold consensus with an average price target of $26.00.

TWFG, Inc. (NASDAQ:TWFG - Get Free Report) Director Michael Doak acquired 11,000 shares of the business's stock in a transaction that occurred on Thursday, May 28th. The shares were acquired at an average cost of $18.87 per share, with a total value of $207,570.00. Following the transaction, the director directly owned 679,398 shares in the company, valued at $12,820,240.26. The trade was a 1.65% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this link.

Michael Doak also recently made the following trade(s):

• On Friday, May 29th, Michael Doak acquired 11,330 shares of TWFG stock. The shares were acquired at an average cost of $18.87 per share, with a total value of $213,797.10.
• On Wednesday, May 27th, Michael Doak purchased 24,880 shares of TWFG stock. The stock was purchased at an average cost of $18.62 per share, with a total value of $463,265.60.
• On Tuesday, May 26th, Michael Doak purchased 11,000 shares of TWFG stock. The stock was purchased at an average cost of $19.23 per share, with a total value of $211,530.00.
• On Friday, May 22nd, Michael Doak purchased 11,000 shares of TWFG stock. The stock was purchased at an average cost of $18.89 per share, with a total value of $207,790.00.
• On Thursday, May 21st, Michael Doak purchased 17,538 shares of TWFG stock. The stock was purchased at an average cost of $18.52 per share, with a total value of $324,803.76.
• On Wednesday, May 20th, Michael Doak purchased 15,745 shares of TWFG stock. The stock was purchased at an average cost of $18.79 per share, with a total value of $295,848.55.

TWFG Stock Performance

TWFG stock traded up $0.01 during trading hours on Friday, hitting $18.77. The stock had a trading volume of 321,631 shares, compared to its average volume of 235,658. TWFG, Inc. has a fifty-two week low of $16.56 and a fifty-two week high of $36.85. The company has a market cap of $1.02 billion, a PE ratio of 34.76 and a beta of 0.46. The company has a 50-day moving average of $18.79 and a two-hundred day moving average of $22.86. The company has a quick ratio of 94.71, a current ratio of 94.71 and a debt-to-equity ratio of 0.01.

TWFG (NASDAQ:TWFG - Get Free Report) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.09. TWFG had a return on equity of 15.96% and a net margin of 3.04%.The company had revenue of $72.84 million for the quarter, compared to analyst estimates of $67.67 million. On average, equities research analysts anticipate that TWFG, Inc. will post 0.97 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of TWFG. Capital International Investors boosted its position in TWFG by 114.4% in the 4th quarter. Capital International Investors now owns 958,490 shares of the company's stock valued at $27,576,000 after buying an additional 511,469 shares during the last quarter. Central Securities Corp bought a new position in shares of TWFG in the 3rd quarter worth $12,348,000. Lord Abbett & CO. LLC boosted its position in shares of TWFG by 179.8% in the 4th quarter. Lord Abbett & CO. LLC now owns 255,764 shares of the company's stock worth $7,358,000 after purchasing an additional 164,355 shares during the last quarter. Victory Capital Management Inc. boosted its position in shares of TWFG by 57.4% in the 3rd quarter. Victory Capital Management Inc. now owns 351,478 shares of the company's stock worth $9,645,000 after purchasing an additional 128,180 shares during the last quarter. Finally, Giverny Capital Inc. boosted its position in shares of TWFG by 68.9% in the 3rd quarter. Giverny Capital Inc. now owns 300,317 shares of the company's stock worth $8,241,000 after purchasing an additional 122,469 shares during the last quarter.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. Keefe, Bruyette & Woods dropped their price target on TWFG from $31.00 to $25.00 and set a "market perform" rating for the company in a report on Tuesday, April 7th. Morgan Stanley dropped their price target on TWFG from $24.00 to $21.00 and set an "equal weight" rating for the company in a report on Thursday, May 21st. UBS Group dropped their price target on TWFG from $34.00 to $31.00 and set a "buy" rating for the company in a report on Wednesday, April 8th. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of TWFG in a report on Monday, May 4th. Finally, Zacks Research cut TWFG from a "strong-buy" rating to a "hold" rating in a report on Friday, May 8th. Three analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $26.00.

TWFG Company Profile

TWFG Insurance Services, Inc operates as a property and casualty insurance distribution company that provides personal and commercial insurance solutions through a hybrid model of company-owned branches and franchised offices. The firm offers a broad spectrum of insurance products, including auto, homeowners, renters, umbrella, flood and specialty lines coverage, tailored to meet the needs of individuals, families and businesses. By partnering with multiple insurance carriers, TWFG delivers competitive pricing and customized policy options designed to help clients manage risk and protect their assets.

Founded in 1980 and headquartered in Odessa, Texas, TWFG has expanded its network to serve customers across numerous U.S.

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