The Baldwin Insurance Group, Inc. (NASDAQ:BWIN) CEO Trevor Baldwin Sells 15,902 Shares

The Baldwin Insurance Group, Inc. (NASDAQ:BWIN) CEO Trevor Baldwin sold 15,902 shares of the firm’s stock in a transaction on Friday, March 14th. The stock was sold at an average price of $39.33, for a total value of $625,425.66. Following the completion of the transaction, the chief executive officer now owns 13,302 shares in the company, valued at approximately $523,167.66. This trade represents a 54.45 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

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

• On Wednesday, March 12th, Trevor Baldwin sold 68,740 shares of The Baldwin Insurance Group stock. The stock was sold at an average price of $40.60, for a total value of $2,790,844.00.

The Baldwin Insurance Group Price Performance

NASDAQ:BWIN opened at $39.97 on Monday. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 1.35. The business’s 50-day simple moving average is $40.05 and its two-hundred day simple moving average is $44.31. The stock has a market cap of $4.70 billion, a PE ratio of -62.45, a P/E/G ratio of 1.17 and a beta of 1.72. The Baldwin Insurance Group, Inc. has a 52 week low of $26.08 and a 52 week high of $55.82.

Analyst Ratings Changes

BWIN has been the topic of a number of recent research reports. JPMorgan Chase & Co. decreased their target price on The Baldwin Insurance Group from $46.00 to $39.00 and set an “overweight” rating on the stock in a report on Wednesday, February 26th. Keefe, Bruyette & Woods decreased their target price on The Baldwin Insurance Group from $50.00 to $49.00 and set an “outperform” rating on the stock in a report on Friday, January 10th. Finally, Wells Fargo & Company decreased their target price on The Baldwin Insurance Group from $38.00 to $33.00 and set an “underweight” rating on the stock in a report on Wednesday, February 26th. One analyst has rated the stock with a sell rating, one has given a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, The Baldwin Insurance Group has an average rating of “Moderate Buy” and an average price target of $43.50.

Institutional Investors Weigh In On The Baldwin Insurance Group

A number of institutional investors and hedge funds have recently bought and sold shares of the business. FMR LLC bought a new stake in The Baldwin Insurance Group during the fourth quarter valued at about $325,535,000. Vanguard Group Inc. bought a new stake in The Baldwin Insurance Group during the fourth quarter valued at about $255,331,000. William Blair Investment Management LLC bought a new stake in The Baldwin Insurance Group during the fourth quarter valued at about $190,218,000. Bamco Inc. NY bought a new stake in The Baldwin Insurance Group during the fourth quarter valued at about $116,668,000. Finally, Capital International Investors bought a new stake in The Baldwin Insurance Group during the fourth quarter valued at about $99,040,000. 77.49% of the stock is owned by institutional investors.

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.