TWFG (NASDAQ:TWFG) Earns "Outperform" Rating from BMO Capital Markets

TWFG (NASDAQ:TWFG - Get Free Report)'s stock had its "outperform" rating reaffirmed by BMO Capital Markets in a research report issued to clients and investors on Wednesday, Benzinga reports. They presently have a $30.00 target price on the stock. BMO Capital Markets' price target would indicate a potential upside of 13.29% from the stock's previous close.

Other equities research analysts have also recently issued reports about the stock. Keefe, Bruyette & Woods began coverage on shares of TWFG in a report on Monday, August 12th. They set a "market perform" rating and a $27.00 price target for the company. Morgan Stanley assumed coverage on TWFG in a research note on Monday, August 12th. They set an "equal weight" rating and a $23.00 target price for the company. Piper Sandler initiated coverage on TWFG in a report on Monday, August 12th. They issued an "overweight" rating and a $27.00 target price on the stock. William Blair initiated coverage on TWFG in a report on Wednesday, August 21st. They set an "outperform" rating for the company. Finally, UBS Group assumed coverage on shares of TWFG in a research note on Monday, August 12th. They issued a "buy" rating and a $29.00 price objective on the stock. Two analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $27.36.

TWFG Stock Performance

Shares of TWFG stock traded down $0.39 on Wednesday, reaching $26.48. The stock had a trading volume of 163,538 shares, compared to its average volume of 224,815. TWFG has a fifty-two week low of $21.31 and a fifty-two week high of $27.47.

Insider Activity at TWFG

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

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.