Rep. C. Scott Franklin Sells Off Shares of The Baldwin Insurance Group, Inc. (NASDAQ:BWIN)

Representative C. Scott Franklin (R-Florida) recently sold shares of The Baldwin Insurance Group, Inc. (NASDAQ:BWIN). In a filing disclosed on February 23rd, the Representative disclosed that they had sold between $15,001 and $50,000 in The Baldwin Insurance Group stock on February 6th. The trade occurred in the Representative’s “FIDELITY JOINT TBE” account.

Representative C. Scott Franklin also recently made the following trade(s):

• Sold $1,000,001 – $5,000,000 in shares of The Baldwin Insurance Group (NASDAQ:BWIN) on 2/7/2025.

The Baldwin Insurance Group Stock Up 1.4 %

BWIN stock opened at $39.86 on Wednesday. The company’s 50 day moving average is $39.82 and its 200 day moving average is $44.63. The stock has a market cap of $4.69 billion, a price-to-earnings ratio of -62.28, a price-to-earnings-growth ratio of 1.17 and a beta of 1.63. The Baldwin Insurance Group, Inc. has a 1-year low of $26.08 and a 1-year high of $55.82. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 1.35.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Elevation Wealth Partners LLC bought a new position in The Baldwin Insurance Group during the 4th quarter worth approximately $32,000. Nisa Investment Advisors LLC purchased a new position in shares of The Baldwin Insurance Group in the fourth quarter valued at about $33,000. TD Waterhouse Canada Inc. bought a new position in shares of The Baldwin Insurance Group during the fourth quarter valued at about $36,000. Assetmark Inc. purchased a new stake in shares of The Baldwin Insurance Group during the fourth quarter worth about $38,000. Finally, Premier Fund Managers Ltd bought a new stake in shares of The Baldwin Insurance Group in the fourth quarter worth about $44,000. Hedge funds and other institutional investors own 77.49% of the company’s stock.

Insider Activity at The Baldwin Insurance Group

In other news, major shareholder Elizabeth Krystyn sold 191,307 shares of The Baldwin Insurance Group stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $45.18, for a total value of $8,643,250.26. Following the sale, the insider now directly owns 232,570 shares in the company, valued at approximately $10,507,512.60. This trade represents a 45.13 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 20.14% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on BWIN shares. Wells Fargo & Company cut their target price on shares of The Baldwin Insurance Group from $41.00 to $38.00 and set an “underweight” rating for the company in a research report on Tuesday, January 14th. Keefe, Bruyette & Woods dropped their target price on The Baldwin Insurance Group from $50.00 to $49.00 and set an “outperform” rating for the company in a research report on Friday, January 10th. Finally, JPMorgan Chase & Co. cut their target price on The Baldwin Insurance Group from $47.00 to $46.00 and set an “overweight” rating for the company in a research note on Friday, January 3rd. One analyst has rated the stock with a sell rating, one has given a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $45.50.

About Representative Franklin

Scott Franklin (Republican Party) is a member of the U.S. House, representing Florida’s 18th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Franklin (Republican Party) is running for re-election to the U.S. House to represent Florida’s 18th Congressional District. He declared candidacy for the 2026 election.

Scott Franklin was born in Thomaston, Georgia. Franklin graduated from Lakeland High School. He served in the U.S. Navy from 1986 to 2000 and the U.S. Navy Reserve from 2000 to 2012.

Franklin earned a B.S. from the United States Naval Academy in 1986 and an M.B.A. from Embry-Riddle Aeronautical University in 1994. Franklin’s career experience includes owning an insurance agency and working as a naval aviator with the U.S. Navy.

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.