TWFG (NASDAQ:TWFG) Research Coverage Started at Morgan Stanley

Morgan Stanley began coverage on shares of TWFG (NASDAQ:TWFG) in a research note published on Monday morning, Marketbeat.com reports. The firm issued an equal weight rating and a $23.00 target price on the stock.

Several other analysts also recently weighed in on the stock. Piper Sandler initiated coverage on shares of TWFG in a research note on Monday. They set an overweight rating and a $27.00 price target for the company. UBS Group initiated coverage on shares of TWFG in a research note on Monday. They set a buy rating and a $29.00 price target for the company. JPMorgan Chase & Co. initiated coverage on shares of TWFG in a research note on Monday. They set an overweight rating and a $26.50 price target for the company. Finally, Keefe, Bruyette & Woods initiated coverage on shares of TWFG in a research note on Monday. They set a market perform rating and a $27.00 price target for the company. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, TWFG currently has a consensus rating of Moderate Buy and a consensus target price of $27.36.

TWFG Trading Down 0.9 %

Shares of NASDAQ:TWFG opened at $24.17 on Monday. TWFG has a 1 year low of $21.31 and a 1 year high of $26.15.

Insider Buying and Selling

In other TWFG news, CEO Richard F. Bunch III acquired 17,550 shares of TWFG stock in a transaction that occurred on Friday, July 19th. The stock was bought at an average price of $17.00 per share, with a total value of $298,350.00. Following the completion of the purchase, the chief executive officer now directly owns 695,925 shares of the company’s stock, valued at approximately $11,830,725. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other TWFG news, CEO Richard F. Bunch III acquired 17,550 shares of TWFG stock in a transaction that occurred on Friday, July 19th. The stock was bought at an average price of $17.00 per share, with a total value of $298,350.00. Following the completion of the purchase, the chief executive officer now directly owns 695,925 shares of the company’s stock, valued at approximately $11,830,725. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Janice E. Zwinggi acquired 3,000 shares of TWFG stock in a transaction that occurred on Friday, July 19th. The stock was acquired at an average cost of $17.00 per share, with a total value of $51,000.00. Following the purchase, the chief financial officer now directly owns 61,823 shares of the company’s stock, valued at $1,050,991. 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.

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.