The Baldwin Insurance Group, Inc. (NASDAQ:BWIN) Director Sells $2,437,500.00 in Stock

The Baldwin Insurance Group, Inc. (NASDAQ:BWIN) Director Lowry Baldwin sold 62,500 shares of the stock in a transaction on Monday, May 12th. The shares were sold at an average price of $39.00, for a total value of $2,437,500.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

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

• 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 value of $1,403,718.22.

The Baldwin Insurance Group Stock Performance

Shares of NASDAQ BWIN opened at $39.80 on Friday. The business’s 50-day moving average price is $41.93 and its two-hundred day moving average price is $42.03. The Baldwin Insurance Group, Inc. has a one year low of $31.47 and a one year high of $55.82. The company has a market capitalization of $4.68 billion, a P/E ratio of -62.19, a price-to-earnings-growth ratio of 1.17 and a beta of 1.77. The company has a debt-to-equity ratio of 1.35, a current ratio of 0.98 and a quick ratio of 0.98.

Analysts Set New Price Targets

Several analysts recently weighed in on BWIN shares. Wells Fargo & Company boosted their price objective on The Baldwin Insurance Group from $33.00 to $34.00 and gave the company an “underweight” rating in a report on Thursday, April 10th. BMO Capital Markets started coverage on shares of The Baldwin Insurance Group in a research note on Thursday, March 27th. They issued an “outperform” rating and a $53.00 price target for the company. Jefferies Financial Group upped their price target on shares of The Baldwin Insurance Group from $41.00 to $42.00 and gave the company a “hold” rating in a report on Friday, April 11th. Finally, JPMorgan Chase & Co. reissued a “neutral” rating and issued a $45.00 target price (up from $39.00) on shares of The Baldwin Insurance Group in a research report on Tuesday, April 8th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $45.29.

Institutional Trading of The Baldwin Insurance Group

Institutional investors have recently added to or reduced their stakes in the business. KBC Group NV lifted its holdings in The Baldwin Insurance Group by 12.1% in the 1st quarter. KBC Group NV now owns 3,675 shares of the company’s stock worth $164,000 after purchasing an additional 396 shares during the last quarter. US Bancorp DE increased its holdings in The Baldwin Insurance Group by 6.5% in the 1st quarter. US Bancorp DE now owns 7,337 shares of the company’s stock valued at $328,000 after buying an additional 450 shares during the period. Toth Financial Advisory Corp raised its position in The Baldwin Insurance Group by 3.3% in the first quarter. Toth Financial Advisory Corp now owns 17,335 shares of the company’s stock worth $775,000 after purchasing an additional 550 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in The Baldwin Insurance Group by 5.7% during the first quarter. PNC Financial Services Group Inc. now owns 13,025 shares of the company’s stock worth $582,000 after acquiring an additional 700 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its stake in shares of The Baldwin Insurance Group by 0.7% in the first quarter. Envestnet Asset Management Inc. now owns 109,566 shares of the company’s stock valued at $4,897,000 after acquiring an additional 742 shares during the last quarter. 77.49% of the stock is currently owned by institutional investors and hedge funds.

The Baldwin Insurance Group Company Profile

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.