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 $1,000,001 and $5,000,000 in The Baldwin Insurance Group stock on February 7th. The trade occurred in the Representative's "FIDELITY JOINT TBE" account.

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

• Sold $15,001 - $50,000 in shares of The Baldwin Insurance Group NASDAQ: BWIN on 2/6/2025.

The Baldwin Insurance Group Price Performance

Shares of NASDAQ BWIN traded up $1.17 during midday trading on Friday, hitting $41.14. 670,527 shares of the company's stock were exchanged, compared to its average volume of 493,795. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 1.35. The business's fifty day moving average price is $39.85 and its two-hundred day moving average price is $44.55. The company 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. The Baldwin Insurance Group, Inc. has a 12-month low of $26.08 and a 12-month high of $55.82.

Wall Street Analysts Forecast Growth

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

Insider Activity

In other The Baldwin Insurance Group news, major shareholder Elizabeth Krystyn sold 191,307 shares of the 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 owns 232,570 shares of the company's stock, valued at $10,507,512.60. This represents a 45.13 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 20.14% of the company's stock.

Hedge Funds Weigh In On The Baldwin Insurance Group

Institutional investors and hedge funds have recently made changes to their positions in the business. Elevation Wealth Partners LLC bought a new stake in The Baldwin Insurance Group in the fourth quarter worth $32,000. Nisa Investment Advisors LLC bought a new stake in shares of The Baldwin Insurance Group in the 4th quarter valued at about $33,000. TD Waterhouse Canada Inc. purchased a new stake in The Baldwin Insurance Group during the 4th quarter valued at about $36,000. Assetmark Inc. bought a new position in The Baldwin Insurance Group during the 4th quarter worth approximately $38,000. Finally, Premier Fund Managers Ltd bought a new stake in The Baldwin Insurance Group in the fourth quarter valued at approximately $44,000. Institutional investors own 77.49% 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.

About The Baldwin Insurance Group

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.