TWFG (NASDAQ:TWFG) Coverage Initiated at William Blair

William Blair began coverage on shares of TWFG (NASDAQ:TWFG - Get Free Report) in a report issued on Wednesday, MarketBeat Ratings reports. The brokerage set an "outperform" rating on the stock.

A number of other equities research analysts also recently issued reports on TWFG. Royal Bank of Canada began coverage on shares of TWFG in a research report on Monday, August 12th. They issued an "outperform" rating and a $29.00 price objective for the company. UBS Group began coverage on TWFG in a research report on Monday, August 12th. They set a "buy" rating and a $29.00 price target for the company. Keefe, Bruyette & Woods began coverage on TWFG in a report on Monday, August 12th. They set a "market perform" rating and a $27.00 price target on the stock. JPMorgan Chase & Co. began coverage on TWFG in a research note on Monday, August 12th. They issued an "overweight" rating and a $26.50 price objective for the company. Finally, Morgan Stanley initiated coverage on TWFG in a research note on Monday, August 12th. They set an "equal weight" rating and a $23.00 target price on the stock. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, TWFG currently has a consensus rating of "Moderate Buy" and an average target price of $27.36.

TWFG Trading Up 1.1 %

Shares of NASDAQ TWFG traded up $0.29 during trading on Wednesday, hitting $25.51. The stock had a trading volume of 106,890 shares, compared to its average volume of 234,158. TWFG has a 12 month low of $21.31 and a 12 month high of $27.47.

Insider Activity

In other TWFG news, COO Katherine C. Nolan acquired 6,250 shares of the company's stock in a transaction on Friday, July 19th. The shares were acquired at an average cost of $17.00 per share, with a total value of $106,250.00. Following the completion of the acquisition, the chief operating officer now directly owns 94,485 shares in the company, valued at $1,606,245. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. In related news, COO Katherine C. Nolan bought 6,250 shares of the company's stock in a transaction on Friday, July 19th. The shares were purchased at an average price of $17.00 per share, for a total transaction of $106,250.00. Following the completion of the transaction, the chief operating officer now directly owns 94,485 shares in the company, valued at approximately $1,606,245. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Janet S. Wong acquired 2,500 shares of the company's stock in a transaction that occurred on Friday, July 19th. The shares were bought at an average cost of $17.00 per share, for a total transaction of $42,500.00. Following the acquisition, the director now directly owns 6,029 shares in the company, valued at approximately $102,493. The disclosure for this purchase can be found here. Insiders have bought 30,300 shares of company stock valued at $515,100 in the last 90 days.

TWFG Company Profile

We are a leading, high-growth, independent distribution platform for personal and commercial insurance in the United States. We are pioneers in the insurance industry, developing an agency model built on innovation and experience with what we believe is a more flexible approach than traditional distribution models.