KD Logo

Monitoring The Baldwin Insurance Group Inc. (BWIN) after recent insider movements

The Baldwin Insurance Group Inc.’s filing revealed that its Director Baldwin Lowry unloaded Company’s shares for reported $2.34 million on Aug 30 ’24. In the deal valued at $46.74 per share,50,000 shares were sold. As a result of this transaction, Baldwin Lowry now holds 0 shares worth roughly $0.0.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, Galbraith Daniel sold 75,000 shares, generating $3,474,750 in total proceeds. Upon selling the shares at $46.33, the insider now owns 0 shares.

Before that, Baldwin Lowry bought 50,000 shares. The Baldwin Insurance Group Inc. shares valued at $2,335,067 were divested by the Affiliate at a price of $46.70 per share.

William Blair upgraded its The Baldwin Insurance Group Inc. [BWIN] rating to an Outperform from a a Mkt perform in a research note published recently. A number of analysts have revised their coverage, including JP Morgan’s analysts, who increased its forecast for the stock in early April from “a Neutral” to “an Overweight”. Raymond James also remained covering BWIN and has increased its forecast on December 12, 2023 with a “Strong buy” recommendation from previously “an Outperform” rating. Wells Fargo revised its rating on November 08, 2023. It rated BWIN as “an Equal weight” which previously was an “an Overweight”.

Price Performance Review of BWIN

On Friday, The Baldwin Insurance Group Inc. [NASDAQ:BWIN] saw its stock fall -0.92% to $54.78. Over the last five days, the stock has gained 6.12%. The Baldwin Insurance Group Inc. shares have risen nearly 128.06% since the year began. Nevertheless, the stocks have risen 156.70% over the past one year. While a 52-week high of $55.82 was reached on 10/17/24, a 52-week low of $17.33 was recorded on 02/06/24. SMA at 50 days reached $47.63, while 200 days put it at $35.05.

Levels Of Support And Resistance For BWIN Stock

The 24-hour chart illustrates a support level at 53.98, which if violated will result in even more drops to 53.18. On the upside, there is a resistance level at 55.64. A further resistance level may holdings at 56.50. The Relative Strength Index (RSI) on the 14-day chart is 71.71, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.66, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 14.44%. Stochastics %K at 89.95% indicates the stock is a selling.

How much short interest is there in The Baldwin Insurance Group Inc.?

A steep rise in short interest was recorded in The Baldwin Insurance Group Inc. stocks on 2024-09-30, growing by 19522.0 shares to a total of 3.08 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 3.06 million shares. There was a rise of 0.63%, which implies that there is a positive sentiment for the stock.

Most Popular