Seth Bala Cohen Sells 12,293 Shares of The Baldwin Insurance Group, Inc. (NASDAQ:BWIN) Stock

The Baldwin Insurance Group, Inc. (NASDAQ:BWIN - Get Free Report) General Counsel Seth Bala Cohen sold 12,293 shares of the business's stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $41.54, for a total transaction of $510,651.22. Following the completion of the transaction, the general counsel now directly owns 8,813 shares of the company's stock, valued at $366,092.02. This trade represents a 58.24 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

The Baldwin Insurance Group Stock Performance

The Baldwin Insurance Group stock traded down $1.96 during mid-day trading on Monday, reaching $39.18. 870,559 shares of the company traded hands, compared to its average volume of 503,284. The company has a market capitalization of $4.61 billion, a price-to-earnings ratio of -61.22, a price-to-earnings-growth ratio of 1.17 and a beta of 1.63. The company has a debt-to-equity ratio of 1.35, a current ratio of 0.98 and a quick ratio of 0.98. The firm's fifty day moving average is $39.88 and its two-hundred day moving average is $44.60. The Baldwin Insurance Group, Inc. has a fifty-two week low of $26.08 and a fifty-two week high of $55.82.

Institutional Trading of The Baldwin Insurance Group

Several large investors have recently added to or reduced their stakes in BWIN. Public Employees Retirement System of Ohio acquired a new position in The Baldwin Insurance Group in the 4th quarter worth approximately $3,353,000. Continuum Advisory LLC acquired a new stake in The Baldwin Insurance Group during the fourth quarter worth about $75,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in The Baldwin Insurance Group during the fourth quarter worth about $6,894,000. Westwood Holdings Group Inc. purchased a new position in The Baldwin Insurance Group during the fourth quarter valued at approximately $77,164,000. Finally, Two Sigma Investments LP acquired a new position in The Baldwin Insurance Group in the fourth quarter valued at approximately $1,529,000. Hedge funds and other institutional investors own 77.49% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have recently commented on BWIN. Wells Fargo & Company reduced their price target on The Baldwin Insurance Group from $38.00 to $33.00 and set an "underweight" rating for the company in a research report on Wednesday, February 26th. Keefe, Bruyette & Woods decreased their price target on shares of The Baldwin Insurance Group from $50.00 to $49.00 and set an "outperform" rating for the company in a research report on Friday, January 10th. Finally, JPMorgan Chase & Co. lowered their target price on shares of The Baldwin Insurance Group from $46.00 to $39.00 and set an "overweight" rating for the company in a research note on Wednesday, February 26th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, The Baldwin Insurance Group has a consensus rating of "Moderate Buy" and a consensus target price of $43.50.

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.