TWFG (NASDAQ:TWFG) Research Coverage Started at JPMorgan Chase & Co.

JPMorgan Chase & Co. assumed coverage on shares of TWFG (NASDAQ:TWFG) in a research report report published on Monday morning, MarketBeat reports. The brokerage issued an overweight rating and a $26.50 price objective on the stock.

Separately, UBS Group began coverage on TWFG in a research report on Monday. They set a buy rating and a $29.00 price objective on the stock. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of Moderate Buy and a consensus price target of $27.36.

TWFG Price Performance

Shares of NASDAQ TWFG opened at $24.17 on Monday. TWFG has a twelve month low of $21.31 and a twelve month high of $26.15.

Insiders Place Their Bets

In related news, COO Katherine C. Nolan acquired 6,250 shares of the company’s stock in a transaction dated Friday, July 19th. The stock was purchased at an average price of $17.00 per share, with a total value of $106,250.00. Following the completion of the purchase, the chief operating officer now owns 94,485 shares in the company, valued at approximately $1,606,245. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. In other TWFG news, CFO Janice E. Zwinggi bought 3,000 shares of the firm’s stock in a transaction that occurred on Friday, July 19th. The stock was bought at an average price of $17.00 per share, for a total transaction of $51,000.00. Following the completion of the acquisition, the chief financial officer now directly owns 61,823 shares in the company, valued at $1,050,991. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Katherine C. Nolan acquired 6,250 shares of the business’s stock in a transaction on Friday, July 19th. The shares were purchased at an average cost of $17.00 per share, for a total transaction of $106,250.00. Following the completion of the transaction, the chief operating officer now owns 94,485 shares in the company, valued at approximately $1,606,245. The disclosure for this purchase can be found here. Insiders have purchased 30,300 shares of company stock valued at $515,100 in the last ninety days.

About TWFG

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.