Rep. C. Scott Franklin Sells Off Shares of The Baldwin Insurance Group, Inc. (NASDAQ:BWIN)

Representative C. Scott Franklin (R-Florida) recently sold shares of The Baldwin Insurance Group, Inc. NASDAQ: BWIN. In a filing disclosed on February 23rd, the Representative disclosed that they had sold between $15,001 and $50,000 in The Baldwin Insurance Group stock on February 6th. The trade occurred in the Representative's "FIDELITY JOINT TBE" account.

Representative C. Scott Franklin also recently made the following trade(s):

• Sold $1,000,001 - $5,000,000 in shares of The Baldwin Insurance Group NASDAQ: BWIN on 2/7/2025.

The Baldwin Insurance Group Stock Up 2.9 %

Shares of BWIN stock traded up $1.17 during trading hours on Friday, hitting $41.14. 670,527 shares of the company's stock traded hands, compared to its average volume of 493,795. 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 stock's fifty day simple moving average is $39.85 and its two-hundred day simple moving average is $44.55. The Baldwin Insurance Group, Inc. has a 12-month low of $26.08 and a 12-month high of $55.82. The stock has a market cap of $4.84 billion, a price-to-earnings ratio of -64.28, a PEG ratio of 1.17 and a beta of 1.63.

Insider Buying and Selling

In other The Baldwin Insurance Group news, major shareholder Elizabeth Krystyn sold 191,307 shares of the business's stock in a transaction on Monday, December 9th. The shares were sold at an average price of $45.18, for a total transaction of $8,643,250.26. Following the completion of the sale, the insider now directly owns 232,570 shares in the company, valued at approximately $10,507,512.60. The trade was a 45.13 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 20.14% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of BWIN. FMR LLC purchased a new stake in shares of The Baldwin Insurance Group during the fourth quarter valued at $325,535,000. Vanguard Group Inc. purchased a new stake in shares of The Baldwin Insurance Group during the 4th quarter valued at about $255,331,000. William Blair Investment Management LLC bought a new stake in shares of The Baldwin Insurance Group in the fourth quarter worth approximately $190,218,000. Bamco Inc. NY purchased a new position in shares of The Baldwin Insurance Group during the fourth quarter valued at approximately $116,668,000. Finally, Capital International Investors bought a new position in The Baldwin Insurance Group during the fourth quarter valued at approximately $99,040,000. Hedge funds and other institutional investors own 77.49% of the company's stock.

Analyst Ratings Changes

A number of brokerages have issued reports on BWIN. Keefe, Bruyette & Woods lowered their price objective on The Baldwin Insurance Group from $50.00 to $49.00 and set an "outperform" rating for the company in a research note on Friday, January 10th. JPMorgan Chase & Co. lowered their price target on The Baldwin Insurance Group from $46.00 to $39.00 and set an "overweight" rating for the company in a research report on Wednesday. Finally, Wells Fargo & Company cut their price objective on shares of The Baldwin Insurance Group from $38.00 to $33.00 and set an "underweight" rating on the stock in a research report on Wednesday. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, four have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $43.50.

About Representative Franklin

Scott Franklin (Republican Party) is a member of the U.S. House, representing Florida's 18th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027. Franklin (Republican Party) is running for re-election to the U.S. House to represent Florida's 18th Congressional District. He declared candidacy for the 2026 election. Scott Franklin was born in Thomaston, Georgia. Franklin graduated from Lakeland High School. He served in the U.S. Navy from 1986 to 2000 and the U.S. Navy Reserve from 2000 to 2012. Franklin earned a B.S. from the United States Naval Academy in 1986 and an M.B.A. from Embry-Riddle Aeronautical University in 1994. Franklin's career experience includes owning an insurance agency and working as a naval aviator with the U.S. Navy.

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.