In yesterday’s Wall Street session, The Baldwin Insurance Group Inc (NASDAQ:BWIN) shares traded at $36.44, down -0.30% from the previous session.
BWIN stock price is now -16.73% away from the 50-day moving average and -9.09% away from the 200-day moving average. The market capitalization of the company currently stands at $4.28B.
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With the price target reduced from $43 to $41, Wells Fargo Downgraded its rating from Equal Weight to Underweight for The Baldwin Insurance Group Inc (NASDAQ: BWIN). , while ‘JP Morgan’ rates the stock as ‘Overweight’
In other news, Krystyn Elizabeth, Member of 10% Owner Group sold 191,307 shares of the company’s stock on Dec 09 ’24. The stock was sold for $8,643,449 at an average price of $45.18. Upon completion of the transaction, the Member of 10% Owner Group now directly owns 232,570 shares in the company, valued at $8.47 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 10 ’24, Member of 10% Owner Group Krystyn Elizabeth sold 144,264 shares of the business’s stock. A total of $6,316,645 was realized by selling the stock at an average price of $43.79. This leaves the insider owning 88,306 shares of the company worth $3.22 million. A total of 0.93% of the company’s stock is owned by insiders.
During the past 12 months, The Baldwin Insurance Group Inc has had a low of $21.70 and a high of $55.82. The fifty day moving average price for BWIN is $44.0392 and a two-hundred day moving average price translates $40.047825 for the stock.
The latest earnings results from The Baldwin Insurance Group Inc (NASDAQ: BWIN) was released for 2024-09-30. The net profit margin was -2.89% and return on equity was -6.55% for BWIN. The company reported revenue of $338.94 million for the quarter, compared to $306.27 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 10.67 percent.
