Wealth Enhancement Advisory Services LLC Sells 14,005 Shares of The Baldwin Insurance Group, Inc. (NASDAQ:BRP)

Wealth Enhancement Advisory Services LLC decreased its holdings in The Baldwin Insurance Group, Inc. (NASDAQ:BRP - Free Report) by 9.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 131,960 shares of the company's stock after selling 14,005 shares during the quarter. Wealth Enhancement Advisory Services LLC owned approximately 0.11% of The Baldwin Insurance Group worth $4,310,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of BRP. Cyndeo Wealth Partners LLC acquired a new stake in shares of The Baldwin Insurance Group during the third quarter worth $144,000. ZWJ Investment Counsel Inc. acquired a new stake in The Baldwin Insurance Group during the 3rd quarter worth about $146,000. Heritage Family Offices LLP bought a new position in shares of The Baldwin Insurance Group in the 3rd quarter worth about $158,000. Creative Planning lifted its stake in shares of The Baldwin Insurance Group by 31.3% in the 3rd quarter. Creative Planning now owns 9,979 shares of the company's stock valued at $326,000 after purchasing an additional 2,377 shares during the period. Finally, Oliver Luxxe Assets LLC boosted its position in shares of The Baldwin Insurance Group by 81.3% during the 3rd quarter. Oliver Luxxe Assets LLC now owns 39,960 shares of the company's stock valued at $1,305,000 after purchasing an additional 17,914 shares in the last quarter. 70.42% of the stock is owned by institutional investors.

The Baldwin Insurance Group Trading Down 2.0 %

BRP stock traded down $0.93 during mid-day trading on Friday, reaching $46.26. The company's stock had a trading volume of 686,822 shares, compared to its average volume of 379,203. The company has a market cap of $5.44 billion, a price-to-earnings ratio of -50.28, a price-to-earnings-growth ratio of 0.91 and a beta of 1.54. The Baldwin Insurance Group, Inc. has a 12 month low of $17.33 and a 12 month high of $33.03. The business's 50 day moving average price is $49.09 and its 200 day moving average price is $40.05. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 1.21.

The Baldwin Insurance Group Profile

BRP 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. The Insurance Advisory Solutions segment provides commercial risk management, employee benefits, and private risk management solutions for businesses and high-net-worth individuals, as well as their families.