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

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 $1,000,001 and $5,000,000 in The Baldwin Insurance Group stock on February 7th. The trade occurred in the Representative’s “FIDELITY JOINT TBE” account.

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

• Sold $15,001 – $50,000 in shares of The Baldwin Insurance Group (NASDAQ:BWIN) on 2/6/2025.

The Baldwin Insurance Group Stock Up 0.3 %

BWIN opened at $39.30 on Tuesday. 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. The stock has a market capitalization of $4.62 billion, a price-to-earnings ratio of -61.41, a P/E/G ratio of 1.17 and a beta of 1.63. The business has a 50 day moving average of $39.82 and a 200-day moving average of $44.63.

Insiders Place Their Bets

In other The Baldwin Insurance Group news, major shareholder Elizabeth Krystyn sold 88,306 shares of the stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $43.05, for a total transaction of $3,801,573.30. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 20.14% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Public Employees Retirement System of Ohio bought a new position in The Baldwin Insurance Group in the fourth quarter worth $3,353,000. Continuum Advisory LLC bought a new position in The Baldwin Insurance Group in the fourth quarter worth $75,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in The Baldwin Insurance Group in the fourth quarter worth $6,894,000. Westwood Holdings Group Inc. bought a new position in The Baldwin Insurance Group in the fourth quarter worth $77,164,000. Finally, Two Sigma Investments LP acquired a new position in The Baldwin Insurance Group during the fourth quarter worth $1,529,000. 77.49% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on BWIN. JPMorgan Chase & Co. reduced their price objective on The Baldwin Insurance Group from $47.00 to $46.00 and set an “overweight” rating for the company in a research report on Friday, January 3rd. Wells Fargo & Company reduced their price objective on 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. Finally, Keefe, Bruyette & Woods reduced their price objective 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. One investment analyst has rated the stock with a sell rating, one has given a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, The Baldwin Insurance Group currently has an average rating of “Moderate Buy” and a consensus target price 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.

About The Baldwin Insurance Group

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.