331,957 Shares in The Baldwin Insurance Group, Inc. (NASDAQ:BWIN) Bought by Sei Investments Co.

Sei Investments Co. bought a new position in The Baldwin Insurance Group, Inc. (NASDAQ:BWIN) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 331,957 shares of the company’s stock, valued at approximately $12,867,000. Sei Investments Co. owned about 0.28% of The Baldwin Insurance Group as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. Elevation Wealth Partners LLC purchased a new position in shares of The Baldwin Insurance Group in the fourth quarter worth approximately $32,000. Nisa Investment Advisors LLC bought a new position in The Baldwin Insurance Group in the fourth quarter worth approximately $33,000. Assetmark Inc. purchased a new position in shares of The Baldwin Insurance Group during the 4th quarter worth $38,000. First Horizon Advisors Inc. bought a new stake in shares of The Baldwin Insurance Group during the 4th quarter valued at $55,000. Finally, Parkside Financial Bank & Trust bought a new position in The Baldwin Insurance Group in the 4th quarter worth $59,000. 77.49% of the stock is currently owned by institutional investors.

The Baldwin Insurance Group Trading Down 2.0 %

BWIN stock opened at $45.11 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 Baldwin Insurance Group, Inc. has a 1-year low of $31.47 and a 1-year high of $55.82. The business has a 50 day simple moving average of $41.29 and a two-hundred day simple moving average of $44.17. The company has a market capitalization of $5.30 billion, a price-to-earnings ratio of -70.48, a PEG ratio of 1.17 and a beta of 1.72.

Insider Transactions at The Baldwin Insurance Group

In other The Baldwin Insurance Group news, General Counsel Seth Bala Cohen sold 12,293 shares of the business’s stock in a transaction on Thursday, February 27th. The shares were sold at an average price of $41.54, for a total value of $510,651.22. Following the sale, the general counsel now owns 8,813 shares in the company, valued at $366,092.02. The trade was a 58.24 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Lowry Baldwin sold 34,901 shares of the firm’s stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $40.22, for a total value of $1,403,718.22. Following the transaction, the director now owns 90,099 shares of the company’s stock, valued at approximately $3,623,781.78. The trade was a 27.92 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 131,836 shares of company stock valued at $5,330,639. 20.14% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on BWIN. BMO Capital Markets started coverage on The Baldwin Insurance Group in a research report on Thursday. They set an “outperform” rating and a $53.00 target price on the stock. Wells Fargo & Company lowered their price objective on The Baldwin Insurance Group from $38.00 to $33.00 and set an “underweight” rating on the stock in a research report on Wednesday, February 26th. Keefe, Bruyette & Woods decreased their target price on shares of The Baldwin Insurance Group from $50.00 to $49.00 and set an “outperform” rating on the stock in a research note on Friday, January 10th. Finally, JPMorgan Chase & Co. dropped their price target on shares of 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. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $44.86.

The Baldwin Insurance Group Profile

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.