20,357 Baldwin Insurance Group, Inc. $BWIN Shares Acquired by Summit Creek Advisors LLC

Summit Creek Advisors LLC lifted its holdings in shares of Baldwin Insurance Group, Inc. (NASDAQ:BWIN) by 30.6% during the third quarter, HoldingsChannel.com reports. The fund owned 86,844 shares of the company’s stock after purchasing an additional 20,357 shares during the quarter. Summit Creek Advisors LLC’s holdings in Baldwin Insurance Group were worth $2,761,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of BWIN. Integrated Wealth Concepts LLC acquired a new position in Baldwin Insurance Group in the second quarter valued at $25,000. Farther Finance Advisors LLC grew its stake in shares of Baldwin Insurance Group by 102.1% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,039 shares of the company’s stock valued at $33,000 after purchasing an additional 525 shares during the last quarter. Versant Capital Management Inc grew its stake in shares of Baldwin Insurance Group by 43.3% in the 2nd quarter. Versant Capital Management Inc now owns 1,201 shares of the company’s stock valued at $32,000 after purchasing an additional 363 shares during the last quarter. EverSource Wealth Advisors LLC grew its position in Baldwin Insurance Group by 238.1% in the 1st quarter. EverSource Wealth Advisors LLC now owns 1,278 shares of the company’s stock valued at $28,000 after buying an additional 900 shares during the last quarter. Finally, GAMMA Investing LLC grew its position in Baldwin Insurance Group by 146.4% in the 3rd quarter. GAMMA Investing LLC now owns 1,791 shares of the company’s stock valued at $57,000 after buying an additional 1,064 shares during the last quarter. 77.49% of the stock is owned by institutional investors and hedge funds.

Baldwin Insurance Group Stock Performance

Baldwin Insurance Group stock opened at $31.98 on Friday. The stock has a fifty day moving average price of $31.57 and a 200 day moving average price of $25.27. Baldwin Insurance Group, Inc. has a 52 week low of $15.88 and a 52 week high of $32.71. The firm has a market capitalization of $4.46 billion, a P/E ratio of -30.75, a PEG ratio of 1.03 and a beta of 0.98. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 1.73.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. William Blair downgraded shares of Baldwin Insurance Group from an “outperform” rating to a “hold” rating in a research report on Monday, September 14th. Wells Fargo & Company lifted their target price on shares of Baldwin Insurance Group from $27.00 to $28.00 and gave the company an “equal weight” rating in a report on Monday, August 3rd. JPMorgan Chase & Co. lowered Baldwin Insurance Group from an “overweight” rating to a “neutral” rating and lifted their price objective for the company from $30.00 to $32.00 in a report on Thursday, October 1st. UBS Group cut Baldwin Insurance Group from a “buy” rating to a “neutral” rating and reduced their price target for the company from $37.00 to $32.50 in a report on Friday, October 2nd. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Baldwin Insurance Group in a research note on Friday, October 2nd. One equities research analyst has rated the stock with a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Baldwin Insurance Group currently has a consensus rating of “Reduce” and an average price target of $31.20.

Baldwin Insurance Group Company Profile

The Baldwin Insurance Group, Inc (NASDAQ: BWIN) is an independent insurance distribution platform that delivers insurance products and related services to businesses, individuals and insurance carriers. The company operates through a network of insurance agencies, brokerage businesses and specialty insurance operations.

Its offerings include commercial property and casualty insurance, employee benefits, personal insurance, life and health coverage, and Medicare products. Baldwin also provides specialized insurance solutions through program-management and underwriting operations, serving selected industries and risk categories through relationships with insurance carriers.

Founded in 2006 and headquartered in Tampa, Florida, the company was formerly known as BRP Group, Inc and adopted The Baldwin Insurance Group name in 2024.