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 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 Price Performance

BWIN stock opened at $39.30 on Tuesday. The firm has a 50-day moving average of $39.82 and a two-hundred day moving average of $44.63. The firm has a market capitalization of $4.62 billion, a PE ratio of -61.41, a P/E/G ratio of 1.17 and a beta of 1.63. 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 Baldwin Insurance Group, Inc. has a one year low of $26.08 and a one year high of $55.82.

Institutional Inflows and Outflows

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

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. JPMorgan Chase & Co. reduced their target price on The Baldwin Insurance Group from $47.00 to $46.00 and set an “overweight” rating for the company in a report on Friday, January 3rd. Wells Fargo & Company decreased 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 lowered their target price on The Baldwin Insurance Group from $50.00 to $49.00 and set an “outperform” rating on the stock in a research note on Friday, January 10th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, The Baldwin Insurance Group currently has an average rating of “Moderate Buy” and a consensus price target of $45.50.

Insider Transactions at The Baldwin Insurance Group

In related news, major shareholder Elizabeth Krystyn sold 191,307 shares of the company’s stock in a transaction on Monday, December 9th. The shares were sold at an average price of $45.18, for a total value of $8,643,250.26. Following the completion of the sale, the insider now directly owns 232,570 shares in the company, valued at approximately $10,507,512.60. This represents a 45.13 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 20.14% of the stock is currently owned by company insiders.

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.

The Baldwin Insurance Group Company Profile

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.