Elizabeth Krystyn Sells 88,306 Shares of The Baldwin Insurance Group, Inc. (NASDAQ:BWIN) Stock

The Baldwin Insurance Group, Inc. (NASDAQ:BWIN) major shareholder Elizabeth Krystyn sold 88,306 shares of The Baldwin Insurance Group stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $43.05, for a total value of $3,801,573.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

Elizabeth Krystyn also recently made the following trade(s):

• On Monday, December 9th, Elizabeth Krystyn sold 191,307 shares of The Baldwin Insurance Group stock. The shares were sold at an average price of $45.18, for a total value of $8,643,250.26.

The Baldwin Insurance Group Price Performance

Shares of NASDAQ BWIN opened at $41.79 on Friday. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 1.35. The Baldwin Insurance Group, Inc. has a 52 week low of $20.81 and a 52 week high of $55.82. The business’s 50 day moving average price is $48.20 and its 200 day moving average price is $43.60. The firm has a market cap of $4.91 billion, a P/E ratio of -65.30, a P/E/G ratio of 1.40 and a beta of 1.58.

The Baldwin Insurance Group (NASDAQ:BWIN) last released its quarterly earnings data on Monday, November 4th. The company reported $0.33 EPS for the quarter, missing the consensus estimate of $0.34 by ($0.01). The company had revenue of $339.90 million during the quarter, compared to analysts’ expectations of $346.43 million. The Baldwin Insurance Group had a positive return on equity of 10.57% and a negative net margin of 2.89%. The company’s revenue for the quarter was up 11.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.15 EPS. On average, sell-side analysts expect that The Baldwin Insurance Group, Inc. will post 1.01 earnings per share for the current year.

Analyst Upgrades and Downgrades

BWIN has been the subject of a number of recent research reports. JPMorgan Chase & Co. boosted their target price on shares of The Baldwin Insurance Group from $45.00 to $54.00 and gave the stock an “overweight” rating in a report on Thursday, October 10th. Jefferies Financial Group boosted their target price on shares of The Baldwin Insurance Group from $38.00 to $46.00 and gave the stock a “hold” rating in a report on Wednesday, October 9th. William Blair upgraded shares of The Baldwin Insurance Group from a “market perform” rating to an “outperform” rating in a report on Thursday, October 17th. Finally, Wells Fargo & Company reiterated an “underweight” rating and issued a $41.00 target price (down from $43.00) on shares of The Baldwin Insurance Group in a report on Wednesday. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $46.83.

The Baldwin Insurance Group Company 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.