The Baldwin Insurance Group, Inc. (NASDAQ:BWIN) CFO Bradford Hale Sells 10,000 Shares

The Baldwin Insurance Group, Inc. (NASDAQ:BWIN) CFO Bradford Hale sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, August 15th. The stock was sold at an average price of $41.49, for a total value of $414,900.00. Following the transaction, the chief financial officer now directly owns 98,131 shares in the company, valued at approximately $4,071,455.19. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

The Baldwin Insurance Group Stock Performance

Shares of The Baldwin Insurance Group stock opened at $43.31 on Tuesday. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.90 and a current ratio of 0.90. The company has a 50-day simple moving average of $38.57. The Baldwin Insurance Group, Inc. has a 52-week low of $17.33 and a 52-week high of $44.87. The company has a market capitalization of $5.09 billion, a PE ratio of -47.08, a PEG ratio of 1.18 and a beta of 1.58.

The Baldwin Insurance Group (NASDAQ:BWIN) last issued its quarterly earnings data on Tuesday, August 6th. The company reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.33 by $0.01. The Baldwin Insurance Group had a negative net margin of 4.29% and a positive return on equity of 9.21%. The business had revenue of $339.80 million during the quarter, compared to analysts’ expectations of $334.95 million. During the same quarter in the previous year, the company earned $0.03 EPS. The business’s revenue was up 14.3% on a year-over-year basis. Equities research analysts predict that The Baldwin Insurance Group, Inc. will post 1.08 earnings per share for the current fiscal year.

Analyst Ratings Changes

BWIN has been the topic of a number of recent analyst reports. Keefe, Bruyette & Woods boosted their target price on The Baldwin Insurance Group from $40.00 to $46.00 and gave the stock an “outperform” rating in a report on Wednesday, August 7th. Wells Fargo & Company upped their price objective on shares of The Baldwin Insurance Group from $34.00 to $39.00 and gave the company an “equal weight” rating in a report on Wednesday, August 7th. UBS Group raised their target price on shares of The Baldwin Insurance Group from $43.00 to $49.00 and gave the stock a “buy” rating in a research note on Tuesday, August 13th. JPMorgan Chase & Co. upped their price target on shares of The Baldwin Insurance Group from $33.00 to $39.00 and gave the company an “overweight” rating in a research note on Thursday, July 11th. Finally, Raymond James reissued a “strong-buy” rating and issued a $45.00 price target (up from $40.00) on shares of The Baldwin Insurance Group in a report on Wednesday, May 22nd. One research analyst has rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $43.60.

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.