The Baldwin Insurance Group, Inc. (NASDAQ:BWIN – Get Free Report) General Counsel Seth Bala Cohen sold 3,783 shares of The Baldwin Insurance Group stock in a transaction dated Thursday, August 8th. The stock was sold at an average price of $42.63, for a total value of $161,269.29. Following the transaction, the general counsel now directly owns 8,813 shares in the company, valued at $375,698.19. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
The Baldwin Insurance Group Stock Performance
The Baldwin Insurance Group stock opened at $41.87 on Monday. The Baldwin Insurance Group, Inc. has a 52 week low of $17.33 and a 52 week high of $44.87. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 1.21. The firm has a market cap of $4.92 billion, a price-to-earnings ratio of -45.51, a price-to-earnings-growth ratio of 1.18 and a beta of 1.58. The business has a 50 day moving average price of $37.71.
The Baldwin Insurance Group (NASDAQ:BWIN – Get Free Report) last released its earnings results on Tuesday, August 6th. The company reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.33 by $0.01. The Baldwin Insurance Group had a positive return on equity of 9.21% and a negative net margin of 4.29%. The company had revenue of $339.80 million during the quarter, compared to analyst estimates of $334.95 million. During the same quarter in the prior year, the company earned $0.03 earnings per share. The company’s revenue for the quarter was up 14.3% on a year-over-year basis. Equities analysts forecast that The Baldwin Insurance Group, Inc. will post 1.08 earnings per share for the current fiscal year.
Analyst Ratings Changes
View Our Latest Stock Analysis on BWIN
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.
Recommended Stories
- Five stocks we like better than The Baldwin Insurance Group
- Consumer Discretionary Stocks Explained
- Why Wall Street Analysts Raised Price Targets for Suncor Stock
- Consumer Staples Stocks, Explained
- Is Super Micro Computer a Buy After Shares Sink 20% on Earnings?
- High Dividend REITs: Are They an Ideal Way to Diversify?
- Cassava Sciences: A Hot Stock to Trade, Invest, or Avoid?
Receive News & Ratings for The Baldwin Insurance Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Baldwin Insurance Group and related companies with MarketBeat.com's FREE daily email newsletter.