TWFG, Inc. (NASDAQ:TWFG) Given Average Rating of “Moderate Buy” by Analysts

Shares of TWFG, Inc. (NASDAQ:TWFG) have been assigned a consensus rating of “Moderate Buy” from the nine brokerages that are presently covering the firm, Marketbeat reports. Three analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $27.86.

TWFG has been the topic of a number of research analyst reports. Royal Bank of Canada upped their price target on shares of TWFG from $29.00 to $30.00 and gave the stock an “outperform” rating in a report on Thursday, August 29th. William Blair began coverage on shares of TWFG in a research report on Wednesday, August 21st. They set an “outperform” rating on the stock. Piper Sandler assumed coverage on shares of TWFG in a research note on Monday, August 12th. They set an “overweight” rating and a $27.00 price target for the company. DOWLING & PARTN raised TWFG to a “hold” rating in a research note on Wednesday. Finally, UBS Group began coverage on TWFG in a research report on Monday, August 12th. They set a “buy” rating and a $29.00 target price for the company.

Insider Buying and Selling

In related news, CEO Richard F. Bunch III bought 17,550 shares of the company’s stock in a transaction on Friday, July 19th. The shares were acquired at an average price of $17.00 per share, with a total value of $298,350.00. Following the transaction, the chief executive officer now owns 695,925 shares of the company’s stock, valued at $11,830,725. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In related news, CFO Janice E. Zwinggi bought 3,000 shares of the business’s stock in a transaction on Friday, July 19th. The shares were bought at an average price of $17.00 per share, for a total transaction of $51,000.00. Following the completion of the purchase, the chief financial officer now directly owns 61,823 shares of the company’s stock, valued at $1,050,991. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Richard F. Bunch III purchased 17,550 shares of the firm’s stock in a transaction on Friday, July 19th. The shares were purchased at an average cost of $17.00 per share, with a total value of $298,350.00. Following the completion of the transaction, the chief executive officer now owns 695,925 shares of the company’s stock, valued at approximately $11,830,725. The disclosure for this purchase can be found here. Insiders acquired 30,300 shares of company stock valued at $515,100 over the last 90 days.

TWFG Trading Up 0.2 %

Shares of NASDAQ TWFG opened at $28.24 on Friday. TWFG has a 1 year low of $21.31 and a 1 year high of $31.91.

TWFG (NASDAQ:TWFG) last posted its quarterly earnings data on Tuesday, August 27th. The company reported $14.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.74 by $11.15. The business had revenue of $53.27 million for the quarter, compared to analysts’ expectations of $51.86 million. Research analysts anticipate that TWFG will post 0.49 EPS for the current fiscal year.

TWFG Company Profile

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.