Analysts Set TWFG, Inc. (NASDAQ:TWFG) PT at $27.86

Shares of TWFG, Inc. (NASDAQ:TWFG) have been given a consensus recommendation of “Moderate Buy” by the eight ratings firms that are covering the stock, MarketBeat reports. Two research analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $27.86.

A number of research firms have recently commented on TWFG. Piper Sandler began coverage on TWFG in a report on Monday, August 12th. They set an “overweight” rating and a $27.00 price target for the company. BMO Capital Markets reissued an “outperform” rating and set a $30.00 price target on shares of TWFG in a report on Wednesday, August 28th. Morgan Stanley assumed coverage on TWFG in a report on Monday, August 12th. They set an “equal weight” rating and a $23.00 price target for the company. William Blair assumed coverage on TWFG in a research report on Wednesday, August 21st. They set an “outperform” rating on the stock. Finally, Keefe, Bruyette & Woods boosted their price objective on TWFG from $27.00 to $28.00 and gave the stock a “market perform” rating in a research report on Wednesday, September 4th.

Insider Buying and Selling

In related news, Director Janet S. Wong purchased 2,500 shares of TWFG stock in a transaction on Friday, July 19th. The shares were purchased at an average price of $17.00 per share, for a total transaction of $42,500.00. Following the transaction, the director now owns 6,029 shares of the company’s stock, valued at approximately $102,493. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. In related news, COO Katherine C. Nolan purchased 6,250 shares of TWFG stock in a transaction on Friday, July 19th. The shares were purchased at an average price of $17.00 per share, for a total transaction of $106,250.00. Following the transaction, the chief operating officer now owns 94,485 shares of the company’s stock, valued at approximately $1,606,245. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Janet S. Wong purchased 2,500 shares of TWFG stock in a transaction on Friday, July 19th. The stock was bought at an average price of $17.00 per share, for a total transaction of $42,500.00. Following the transaction, the director now directly owns 6,029 shares in the company, valued at approximately $102,493. The disclosure for this purchase can be found here. Insiders have bought 30,300 shares of company stock worth $515,100 in the last 90 days.

TWFG Trading Down 3.9 %

Shares of NASDAQ TWFG opened at $29.71 on Friday. TWFG has a fifty-two week low of $21.31 and a fifty-two week high of $31.91.

TWFG (NASDAQ:TWFG) last posted its quarterly earnings results on Tuesday, August 27th. The company reported $14.89 EPS for the quarter, topping analysts’ consensus estimates of $3.74 by $11.15. The business had revenue of $53.27 million for the quarter, compared to analyst estimates of $51.86 million. Sell-side analysts predict that TWFG will post 0.56 EPS for the current fiscal year.

About TWFG

We are a leading, high-growth, independent distribution platform for personal and commercial insurance in the United States. We are pioneers in the insurance industry, developing an agency model built on innovation and experience with what we believe is a more flexible approach than traditional distribution models.