Rep. Byron Donalds Sells Off Shares of Brown & Brown, Inc. (NYSE:BRO)

Representative Byron Donalds (R-Florida) recently sold shares of Brown & Brown, Inc. (NYSE:BRO). In a filing disclosed on October 07th, the Representative disclosed that they had sold between $1,001 and $15,000 in Brown & Brown stock on September 4th. The trade occurred in the Representative’s “MORAN WEALTH IRA” account.

Representative Byron Donalds also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Progressive (NYSE:PGR) on 9/4/2025.
• Sold $1,001 – $15,000 in shares of Fortinet (NASDAQ:FTNT) on 9/4/2025.
• Sold $1,001 – $15,000 in shares of Tradeweb Markets (NASDAQ:TW) on 9/4/2025.
• Sold $1,001 – $15,000 in shares of Molina Healthcare (NYSE:MOH) on 9/4/2025.
• Sold $1,001 – $15,000 in shares of Chipotle Mexican Grill (NYSE:CMG) on 9/4/2025.
• Purchased $1,001 – $15,000 in shares of IDEXX Laboratories (NASDAQ:IDXX) on 9/4/2025.
• Sold $1,001 – $15,000 in shares of Trade Desk (NASDAQ:TTD) on 9/4/2025.
• Sold $1,001 – $15,000 in shares of Fiserv (NYSE:FI) on 9/4/2025.
• Sold $1,001 – $15,000 in shares of Howmet Aerospace (NYSE:HWM) on 8/7/2025.
• Sold $1,001 – $15,000 in shares of Deckers Outdoor (NYSE:DECK) on 8/7/2025.

Brown & Brown Stock Performance

Shares of NYSE BRO opened at $95.94 on Thursday. The company’s fifty day moving average price is $94.18 and its 200 day moving average price is $105.36. Brown & Brown, Inc. has a 1 year low of $89.99 and a 1 year high of $125.68. The company has a market capitalization of $31.64 billion, a PE ratio of 27.65, a price-to-earnings-growth ratio of 2.16 and a beta of 0.79. The company has a debt-to-equity ratio of 0.64, a quick ratio of 6.72 and a current ratio of 6.72.

Brown & Brown (NYSE:BRO) last announced its quarterly earnings results on Monday, July 28th. The financial services provider reported $1.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.99 by $0.04. Brown & Brown had a net margin of 19.89% and a return on equity of 15.10%. The firm had revenue of $1.29 billion for the quarter, compared to the consensus estimate of $1.28 billion. During the same period in the prior year, the firm posted $0.93 earnings per share. The firm’s quarterly revenue was up 9.1% compared to the same quarter last year. On average, research analysts predict that Brown & Brown, Inc. will post 4.18 earnings per share for the current year.

Brown & Brown Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, August 20th. Investors of record on Wednesday, August 13th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Wednesday, August 13th. This represents a $0.60 dividend on an annualized basis and a yield of 0.6%. Brown & Brown’s dividend payout ratio is 17.29%.

Institutional Investors Weigh In On Brown & Brown

A number of hedge funds have recently modified their holdings of BRO. Bares Capital Management Inc. acquired a new stake in shares of Brown & Brown in the first quarter valued at about $26,000. ST Germain D J Co. Inc. raised its position in shares of Brown & Brown by 298.5% in the second quarter. ST Germain D J Co. Inc. now owns 267 shares of the financial services provider’s stock valued at $30,000 after buying an additional 200 shares during the last quarter. Darwin Wealth Management LLC acquired a new stake in shares of Brown & Brown in the second quarter valued at about $30,000. Optimum Investment Advisors acquired a new stake in shares of Brown & Brown in the first quarter valued at about $31,000. Finally, SouthState Corp raised its position in shares of Brown & Brown by 188.6% in the first quarter. SouthState Corp now owns 254 shares of the financial services provider’s stock valued at $32,000 after buying an additional 166 shares during the last quarter. 71.01% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

BRO has been the topic of a number of recent analyst reports. Raymond James Financial reissued an “outperform” rating and set a $120.00 price target (down from $125.00) on shares of Brown & Brown in a report on Monday, August 4th. Bank of America raised shares of Brown & Brown from a “neutral” rating to a “buy” rating and increased their price objective for the company from $126.00 to $130.00 in a report on Wednesday, July 30th. Morgan Stanley decreased their price objective on shares of Brown & Brown from $105.00 to $100.00 and set an “equal weight” rating on the stock in a report on Tuesday. Weiss Ratings downgraded shares of Brown & Brown from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday. Finally, UBS Group decreased their price objective on shares of Brown & Brown from $120.00 to $106.00 and set a “neutral” rating on the stock in a report on Wednesday. Seven investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Brown & Brown presently has a consensus rating of “Hold” and a consensus target price of $109.92.

Insider Transactions at Brown & Brown

In other news, Director Paul J. Krump acquired 2,678 shares of the business’s stock in a transaction that occurred on Friday, August 8th. The stock was purchased at an average cost of $93.31 per share, for a total transaction of $249,884.18. Following the completion of the transaction, the director owned 5,353 shares in the company, valued at approximately $499,488.43. This trade represents a 100.11% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Bronislaw Edmund Masojada acquired 1,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 6th. The shares were purchased at an average price of $91.44 per share, with a total value of $91,440.00. Following the completion of the transaction, the director owned 5,000 shares of the company’s stock, valued at $457,200. The trade was a 25.00% increase in their position. The disclosure for this purchase can be found here. 17.02% of the stock is owned by corporate insiders.

About Representative Donalds

Byron Donalds (Republican Party) is a member of the U.S. House, representing Florida’s 19th Congressional District. He assumed office on January 3, 2021. His current term ends on January 3, 2027.

Donalds (Republican Party) is running for re-election to the U.S. House to represent Florida’s 19th Congressional District. He declared candidacy for the 2026 election.

Byron Donalds was born in Brooklyn, New York, and lives in Naples, Florida. Donalds earned a bachelor’s degree in finance and marketing from Florida State University in 2002. His career experience includes working as a commercial credit officer in banking and as a portfolio manager in financial services.

Brown & Brown Company Profile

Brown & Brown, Inc is an insurance agency, wholesale brokerage, insurance program and service organization. It engages in the provision of insurance brokerage services and casualty insurance underwriting services. It operates through the following segments: Retail, National Programs, Wholesale Brokerage, and Services.