The Baldwin Insurance Group, Inc. (NASDAQ:BWIN) CEO Sells $625,425.66 in Stock

The Baldwin Insurance Group, Inc. (NASDAQ:BWIN) CEO Trevor Baldwin sold 15,902 shares of The Baldwin Insurance Group stock in a transaction on Friday, March 14th. The shares were sold at an average price of $39.33, for a total value of $625,425.66. Following the transaction, the chief executive officer now owns 13,302 shares in the company, valued at $523,167.66. This represents a 54.45 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Trevor Baldwin also recently made the following trade(s):

• On Wednesday, March 12th, Trevor Baldwin sold 68,740 shares of The Baldwin Insurance Group stock. The shares were sold at an average price of $40.60, for a total value of $2,790,844.00.

The Baldwin Insurance Group Price Performance

Shares of NASDAQ:BWIN opened at $39.97 on Friday. 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 business has a 50-day moving average of $40.05 and a two-hundred day moving average of $44.33. The stock has a market capitalization of $4.70 billion, a P/E ratio of -62.45, a P/E/G ratio of 1.17 and a beta of 1.72. The Baldwin Insurance Group, Inc. has a fifty-two week low of $26.08 and a fifty-two week high of $55.82.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on BWIN shares. JPMorgan Chase & Co. reduced their price objective 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, February 26th. Wells Fargo & Company reduced their price objective 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. Finally, Keefe, Bruyette & Woods reduced 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 report on Friday, January 10th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $43.50.

Hedge Funds Weigh In On The Baldwin Insurance Group

Institutional investors have recently made changes to their positions in the business. FMR LLC bought a new position in The Baldwin Insurance Group during the fourth quarter valued at about $325,535,000. Vanguard Group Inc. bought a new stake in shares of The Baldwin Insurance Group in the 4th quarter valued at approximately $255,331,000. William Blair Investment Management LLC bought a new stake in shares of The Baldwin Insurance Group in the 4th quarter valued at approximately $190,218,000. Bamco Inc. NY bought a new stake in shares of The Baldwin Insurance Group in the 4th quarter valued at approximately $116,668,000. Finally, Capital International Investors bought a new stake in shares of The Baldwin Insurance Group in the 4th quarter valued at approximately $99,040,000. 77.49% of the stock is currently owned by institutional investors.

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.