TWFG (NASDAQ:TWFG) Now Covered by Piper Sandler

Piper Sandler started coverage on shares of TWFG (NASDAQ:TWFG) in a report released on Monday morning, MarketBeat Ratings reports. The brokerage issued an overweight rating and a $27.00 price target on the stock.

Several other research firms have also weighed in on TWFG. UBS Group started coverage on shares of TWFG in a report on Monday. They set a buy rating and a $29.00 price objective for the company. Keefe, Bruyette & Woods began coverage on shares of TWFG in a research note on Monday. They set a market perform rating and a $27.00 price target on the stock. Finally, JPMorgan Chase & Co. began coverage on shares of TWFG in a research note on Monday. They set an overweight rating and a $26.50 price target on the stock. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, TWFG presently has an average rating of Moderate Buy and a consensus target price of $27.36.

TWFG Trading Up 1.3 %

NASDAQ TWFG opened at $24.48 on Monday. TWFG has a 1-year low of $21.31 and a 1-year high of $26.15.

Insider Activity

In other TWFG news, CEO Richard F. Bunch III acquired 17,550 shares of TWFG 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 purchase, the chief executive officer now owns 695,925 shares in the company, valued at $11,830,725. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other TWFG news, COO Katherine C. Nolan acquired 6,250 shares of TWFG 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 $106,250.00. Following the completion of the purchase, the chief operating officer now owns 94,485 shares in the company, valued at $1,606,245. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Richard F. Bunch III acquired 17,550 shares of TWFG stock in a transaction on Friday, July 19th. The stock was acquired at an average cost of $17.00 per share, for a total transaction of $298,350.00. Following the completion of the purchase, 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 have purchased 30,300 shares of company stock valued at $515,100 over the last three months.

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.