Gilder Gagnon Howe & Co. LLC Sells 4,041 Shares of TWFG, Inc. (NASDAQ:TWFG)

Gilder Gagnon Howe & Co. LLC lessened its position in TWFG, Inc. (NASDAQ:TWFG) by 1.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 242,933 shares of the company’s stock after selling 4,041 shares during the quarter. Gilder Gagnon Howe & Co. LLC owned 1.64% of TWFG worth $7,482,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in TWFG. T. Rowe Price Investment Management Inc. raised its position in TWFG by 36.5% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,553,674 shares of the company’s stock worth $47,854,000 after purchasing an additional 415,159 shares during the period. Tower Research Capital LLC TRC raised its holdings in shares of TWFG by 273.8% in the fourth quarter. Tower Research Capital LLC TRC now owns 3,233 shares of the company’s stock worth $100,000 after buying an additional 2,368 shares during the period. Capital International Investors raised its holdings in shares of TWFG by 30.8% in the fourth quarter. Capital International Investors now owns 878,807 shares of the company’s stock worth $27,067,000 after buying an additional 206,969 shares during the period. Marshall Wace LLP lifted its stake in shares of TWFG by 56.8% during the 4th quarter. Marshall Wace LLP now owns 152,388 shares of the company’s stock worth $4,694,000 after acquiring an additional 55,213 shares during the last quarter. Finally, Renaissance Technologies LLC purchased a new position in TWFG during the 4th quarter valued at $3,274,000.

TWFG Stock Performance

Shares of NASDAQ TWFG opened at $31.29 on Friday. The company has a quick ratio of 122.61, a current ratio of 122.61 and a debt-to-equity ratio of 0.02. TWFG, Inc. has a 12-month low of $21.31 and a 12-month high of $36.50. The stock’s fifty day simple moving average is $30.66 and its two-hundred day simple moving average is $30.80.

Analysts Set New Price Targets

A number of analysts have weighed in on the company. Keefe, Bruyette & Woods reduced their target price on TWFG from $33.00 to $32.00 and set a “market perform” rating on the stock in a research note on Wednesday, April 9th. Morgan Stanley reduced their price target on shares of TWFG from $31.00 to $30.00 and set an “equal weight” rating on the stock in a research note on Tuesday, March 25th. JPMorgan Chase & Co. reissued a “neutral” rating and issued a $33.00 price objective (up from $30.00) on shares of TWFG in a research report on Friday, January 3rd. Finally, BMO Capital Markets boosted their price target on TWFG from $30.00 to $32.00 and gave the company an “outperform” rating in a report on Tuesday, March 4th. Four equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $33.00.

TWFG Company Profile

TWFG, Inc operates an independent distribution platform for personal and commercial insurance products in the United States. Its personal and commercial insurance products include auto, home, renters, life, health, motorcycle, umbrella, boat, recreational vehicle, flood, wind, event, luxury item, general liability, property, business auto, workers’ compensation, business owner policy, and professional liability insurance products, as well as commercial bonds and group benefits.