Representative C. Scott Franklin (R-Florida) recently sold shares of The Baldwin Insurance Group, Inc. NASDAQ: BWIN. In a filing disclosed on April 17th, the Representative disclosed that they had sold between $500,001 and $1,000,000 in The Baldwin Insurance Group stock on April 10th. The trade occurred in the Representative's "FIDELITY JOINT TBE" account.
Representative C. Scott Franklin also recently made the following trade(s):
- Purchased $1,001 - $15,000 in shares of Novo Nordisk A/S NYSE: NVO on 3/27/2025.
- Purchased $15,001 - $50,000 in shares of Novo Nordisk A/S NYSE: NVO on 3/27/2025.
- Purchased $50,001 - $100,000 in shares of Amazon.com NASDAQ: AMZN on 2/26/2025.
- Purchased $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 2/26/2025.
- Purchased $15,001 - $50,000 in shares of Lockheed Martin NYSE: LMT on 2/18/2025.
- Purchased $1,001 - $15,000 in shares of Lockheed Martin NYSE: LMT on 2/18/2025.
- Sold $1,000,001 - $5,000,000 in shares of The Baldwin Insurance Group NASDAQ: BWIN on 2/7/2025.
- Sold $15,001 - $50,000 in shares of The Baldwin Insurance Group NASDAQ: BWIN on 2/6/2025.
- Sold $50,001 - $100,000 in shares of Costco Wholesale NASDAQ: COST on 1/28/2025.
- Sold $1,001 - $15,000 in shares of Costco Wholesale NASDAQ: COST on 1/28/2025.
The Baldwin Insurance Group Trading Up 3.3 %
Shares of BWIN traded up $1.36 during mid-day trading on Wednesday, hitting $43.13. 32,816 shares of the company's stock traded hands, compared to its average volume of 557,282. The firm has a market capitalization of $5.07 billion, a P/E ratio of -67.39, a PEG ratio of 1.17 and a beta of 1.52. The business's 50-day moving average price is $41.75 and its 200-day moving average price is $43.30. The Baldwin Insurance Group, Inc. has a 1 year low of $31.47 and a 1 year high of $55.82. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 1.35.
Institutional Investors Weigh In On The Baldwin Insurance Group
A number of institutional investors and hedge funds have recently bought and sold shares of the business. Wealth Enhancement Advisory Services LLC bought a new stake in The Baldwin Insurance Group during the fourth quarter worth approximately $5,115,000. Emerald Advisers LLC bought a new stake in shares of The Baldwin Insurance Group in the 4th quarter valued at about $33,608,000. JPMorgan Chase & Co. raised its stake in The Baldwin Insurance Group by 1,946.7% in the third quarter. JPMorgan Chase & Co. now owns 1,235,868 shares of the company's stock worth $61,546,000 after buying an additional 1,175,484 shares in the last quarter. Diversified Trust Co purchased a new stake in shares of The Baldwin Insurance Group during the 4th quarter worth $788,000. Finally, Principal Financial Group Inc. purchased a new position in shares of The Baldwin Insurance Group in the 4th quarter worth approximately $2,320,000. 77.49% of the stock is owned by institutional investors.
Analysts Set New Price Targets
BWIN has been the topic of several analyst reports. Jefferies Financial Group upped their target price on shares of The Baldwin Insurance Group from $41.00 to $42.00 and gave the stock a "hold" rating in a research note on Friday, April 11th. BMO Capital Markets started coverage on The Baldwin Insurance Group in a research note on Thursday, March 27th. They set an "outperform" rating and a $53.00 target price on the stock. Wells Fargo & Company boosted their price target on The Baldwin Insurance Group from $33.00 to $34.00 and gave the stock an "underweight" rating in a research note on Thursday, April 10th. JPMorgan Chase & Co. reissued a "neutral" rating and issued a $45.00 target price (up previously from $39.00) on shares of The Baldwin Insurance Group in a research report on Tuesday, April 8th. Finally, Keefe, Bruyette & Woods dropped their price target on shares of The Baldwin Insurance Group from $50.00 to $49.00 and set an "outperform" rating on the stock in a report on Friday, January 10th. One analyst has rated the stock with a sell rating, two have issued a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $45.29.
View Our Latest Report on The Baldwin Insurance Group
Insider Transactions at The Baldwin Insurance Group
In other news, General Counsel Seth Bala Cohen sold 12,293 shares of the stock in a transaction on Thursday, February 27th. The shares were sold at an average price of $41.54, for a total value of $510,651.22. Following the sale, the general counsel now owns 8,813 shares in the company, valued at $366,092.02. This represents a 58.24 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Trevor Baldwin sold 68,740 shares of the stock in a transaction that occurred on Wednesday, March 12th. The stock was sold at an average price of $40.60, for a total value of $2,790,844.00. Following the transaction, the chief executive officer now owns 80,663 shares in the company, valued at $3,274,917.80. This represents a 46.01 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 131,836 shares of company stock valued at $5,330,639. Corporate insiders own 20.14% of the company's stock.
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
(
Get Free Report)
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.
Further Reading
Before you consider The Baldwin Insurance Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and The Baldwin Insurance Group wasn't on the list.
While The Baldwin Insurance Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
