TWFG, Inc. (NASDAQ:TWFG) Receives Consensus Rating of "Moderate Buy" from Analysts

Shares of TWFG, Inc. (NASDAQ:TWFG - Get Free Report) have earned an average rating of "Moderate Buy" from the nine analysts that are covering the company, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $27.86.

A number of equities analysts have recently issued reports on TWFG shares. William Blair assumed coverage on shares of TWFG in a research note on Wednesday, August 21st. They issued an "outperform" rating for the company. DOWLING & PARTN upgraded shares of TWFG to a "hold" rating in a research report on Wednesday, September 11th. Royal Bank of Canada upped their price objective on shares of TWFG from $29.00 to $30.00 and gave the stock an "outperform" rating in a research note on Thursday, August 29th. Keefe, Bruyette & Woods lifted their target price on shares of TWFG from $27.00 to $28.00 and gave the company a "market perform" rating in a research note on Wednesday, September 4th. Finally, Piper Sandler began coverage on TWFG in a research report on Monday, August 12th. They set an "overweight" rating and a $27.00 price target on the stock.

TWFG Price Performance

TWFG traded down $0.17 during trading on Tuesday, hitting $26.95. The stock had a trading volume of 171,285 shares, compared to its average volume of 195,019. TWFG has a 12 month low of $21.31 and a 12 month high of $31.91. The company has a 50 day simple moving average of $26.22.

TWFG (NASDAQ:TWFG - Get Free Report) last released its earnings results on Tuesday, August 27th. The company reported $14.89 EPS for the quarter, beating the consensus estimate of $3.74 by $11.15. The company had revenue of $53.27 million for the quarter, compared to analyst estimates of $51.86 million. Analysts anticipate that TWFG will post 0.49 earnings per share for the current year.

Insider Buying and Selling at TWFG

In other news, CEO Richard F. Bunch III bought 17,550 shares of the company's stock in a transaction dated Friday, July 19th. The stock was bought at an average price of $17.00 per share, for a total transaction of $298,350.00. Following the completion of the transaction, the chief executive officer now directly owns 695,925 shares in the company, valued at approximately $11,830,725. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other TWFG news, CEO Richard F. Bunch III purchased 17,550 shares of the stock in a transaction dated Friday, July 19th. The stock was bought at an average price of $17.00 per share, for a total transaction of $298,350.00. Following the transaction, the chief executive officer now directly owns 695,925 shares in the company, valued at $11,830,725. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Janice E. Zwinggi acquired 3,000 shares of the business's stock in a transaction that occurred on Friday, July 19th. The stock was acquired at an average price of $17.00 per share, for a total transaction of $51,000.00. Following the completion of the acquisition, the chief financial officer now directly owns 61,823 shares of the company's stock, valued at $1,050,991. The disclosure for this purchase can be found here. In the last ninety days, insiders have bought 30,300 shares of company stock worth $515,100.

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.