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 April 17th, the Representative disclosed that they had sold between $500,001 and $1,000,000 in The Baldwin Insurance Group stock on April 10th. The trade occurred in the Representative’s “FIDELITY JOINT TBE” account.

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

• Purchased $1,001 – $15,000 in shares of Novo Nordisk A/S (NYSE:NVO) on 3/27/2025.
• Purchased $15,001 – $50,000 in shares of Novo Nordisk A/S (NYSE:NVO) on 3/27/2025.
• Purchased $50,001 – $100,000 in shares of Amazon.com (NASDAQ:AMZN) on 2/26/2025.
• Purchased $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 2/26/2025.
• Purchased $15,001 – $50,000 in shares of Lockheed Martin (NYSE:LMT) on 2/18/2025.
• Purchased $1,001 – $15,000 in shares of Lockheed Martin (NYSE:LMT) on 2/18/2025.
• Sold $1,000,001 – $5,000,000 in shares of The Baldwin Insurance Group (NASDAQ:BWIN) on 2/7/2025.
• Sold $15,001 – $50,000 in shares of The Baldwin Insurance Group (NASDAQ:BWIN) on 2/6/2025.
• Sold $50,001 – $100,000 in shares of Costco Wholesale (NASDAQ:COST) on 1/28/2025.
• Sold $1,001 – $15,000 in shares of Costco Wholesale (NASDAQ:COST) on 1/28/2025.

The Baldwin Insurance Group Trading Down 1.5 %

NASDAQ:BWIN opened at $42.13 on Friday. The Baldwin Insurance Group, Inc. has a 52 week low of $31.47 and a 52 week high of $55.82. The stock has a market cap of $4.95 billion, a price-to-earnings ratio of -65.83, a PEG ratio of 1.17 and a beta of 1.52. The company’s 50 day moving average price is $41.74 and its 200-day moving average price is $43.48. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 1.35.

Insider Buying and Selling

In other news, CEO Trevor Baldwin sold 15,902 shares of the business’s stock in a transaction dated Friday, March 14th. The stock was sold at an average price of $39.33, for a total value of $625,425.66. Following the transaction, the chief executive officer now directly owns 13,302 shares in the company, valued at $523,167.66. The trade was a 54.45 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Lowry Baldwin sold 34,901 shares of the stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $40.22, for a total value of $1,403,718.22. Following the sale, the director now owns 90,099 shares of the company’s stock, valued at $3,623,781.78. This represents a 27.92 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 131,836 shares of company stock valued at $5,330,639. Company insiders own 20.14% of the company’s stock.

Hedge Funds Weigh In On The Baldwin Insurance Group

Several institutional investors and hedge funds have recently bought and sold shares of BWIN. Elevation Wealth Partners LLC purchased a new position in shares of The Baldwin Insurance Group during the 4th quarter valued at about $32,000. Nisa Investment Advisors LLC bought a new position in shares of The Baldwin Insurance Group in the fourth quarter worth approximately $33,000. TD Waterhouse Canada Inc. purchased a new stake in shares of The Baldwin Insurance Group in the fourth quarter worth $36,000. Assetmark Inc. bought a new stake in shares of The Baldwin Insurance Group during the 4th quarter valued at $38,000. Finally, Premier Fund Managers Ltd purchased a new position in shares of The Baldwin Insurance Group during the 4th quarter valued at $44,000. 77.49% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on BWIN. BMO Capital Markets assumed coverage on The Baldwin Insurance Group in a report on Thursday, March 27th. They set an “outperform” rating and a $53.00 price target on the stock. Keefe, Bruyette & Woods dropped their price target on shares of The Baldwin Insurance Group from $50.00 to $49.00 and set an “outperform” rating on the stock in a report on Friday, January 10th. Wells Fargo & Company boosted their price objective on shares of The Baldwin Insurance Group from $33.00 to $34.00 and gave the company an “underweight” rating in a report on Thursday, April 10th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $45.00 target price (up previously from $39.00) on shares of The Baldwin Insurance Group in a research report on Tuesday, April 8th. Finally, Jefferies Financial Group raised their price target on The Baldwin Insurance Group from $41.00 to $42.00 and gave the stock a “hold” rating in a research note on Friday, April 11th. One analyst has rated the stock with a sell rating, two have issued a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $45.29.

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.