The Baldwin Insurance Group Inc’s recent filing unveils that its Member of 10% Owner Group Krystyn Elizabeth unloaded Company’s shares for reported $8.64 million on Dec 09 ’24. In the deal valued at $45.18 per share,191,307 shares were sold. As a result of this transaction, Krystyn Elizabeth now holds 232,570 shares worth roughly $9.61 million.
Then, Krystyn Elizabeth sold 144,264 shares, generating $6,316,645 in total proceeds. Upon selling the shares at $43.79, the Member of 10% Owner Group now owns 88,306 shares.
Before that, Krystyn Elizabeth sold 88,306 shares. The Baldwin Insurance Group Inc shares valued at $3,801,573 were divested by the Member of 10% Owner Group at a price of $43.05 per share. As a result of the transaction, Krystyn Elizabeth now holds 0 shares, worth roughly $0.0.
Wells Fargo downgraded its The Baldwin Insurance Group Inc [BWIN] rating to an Underweight from a an Equal weight in a research note published on December 11, 2024; the price target was decreased to $41 from $43. A number of analysts have revised their coverage, including William Blair’s analysts, who increased its forecast for the stock in mid October from “a Mkt perform” to “an Outperform”. JP Morgan also remained covering BWIN and has increased its forecast on April 08, 2024 with a “an Overweight” recommendation from previously “Neutral” rating. Raymond James revised its rating on December 12, 2023. It rated BWIN as “a Strong buy” which previously was an “an Outperform”.
Price Performance Review of BWIN
On Tuesday, The Baldwin Insurance Group Inc [NASDAQ:BWIN] saw its stock jump 0.17% to $41.30. Over the last five days, the stock has gained 13.43%. The Baldwin Insurance Group Inc shares have risen nearly 6.55% since the year began. Nevertheless, the stocks have risen 64.67% over the past one year. While a 52-week high of $55.82 was reached on 01/21/25, a 52-week low of $21.70 was recorded on 01/13/25. SMA at 50 days reached $42.69, while 200 days put it at $40.45.
Levels Of Support And Resistance For BWIN Stock
The 24-hour chart illustrates a support level at 40.92, which if violated will result in even more drops to 40.53. On the upside, there is a resistance level at 41.97. A further resistance level may holdings at 42.64. The Relative Strength Index (RSI) on the 14-day chart is 55.51, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.87, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 12.78%. Stochastics %K at 90.95% 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 2024-12-31, growing by 0.66 million shares to a total of 4.25 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 3.59 million shares. There was a rise of 15.57%, which implies that there is a positive sentiment for the stock.
