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Wells Fargo downgrades The Baldwin Insurance Group Inc (BWIN) stock to an Underweight

The Baldwin Insurance Group Inc’s filing revealed that its Chief Executive Officer Baldwin Trevor unloaded Company’s shares for reported $2.79 million on Mar 12 ’25. In the deal valued at $40.60 per share,68,740 shares were sold. As a result of this transaction, Baldwin Trevor now holds 80,663 shares worth roughly $3.54 million.

Then, Baldwin Trevor sold 51,459 shares, generating $2,028,136 in total proceeds. Upon selling the shares at $39.41, the Chief Executive Officer now owns 29,204 shares.

Before that, Baldwin Trevor sold 15,902 shares. The Baldwin Insurance Group Inc shares valued at $625,426 were divested by the Chief Executive Officer at a price of $39.33 per share. As a result of the transaction, Baldwin Trevor now holds 13,302 shares, worth roughly $0.58 million.

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 Friday, The Baldwin Insurance Group Inc [NASDAQ:BWIN] saw its stock jump 1.79% to $43.89. Over the last five days, the stock has gained 9.81%. The Baldwin Insurance Group Inc shares have risen nearly 13.24% since the year began. Nevertheless, the stocks have risen 47.88% over the past one year. While a 52-week high of $55.82 was reached on 03/21/25, a 52-week low of $26.08 was recorded on 01/13/25. SMA at 50 days reached $40.44, while 200 days put it at $42.77.

Levels Of Support And Resistance For BWIN Stock

The 24-hour chart illustrates a support level at 42.98, which if violated will result in even more drops to 42.08. On the upside, there is a resistance level at 44.51. A further resistance level may holdings at 45.14. The Relative Strength Index (RSI) on the 14-day chart is 62.65, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.79, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 5.09%. Stochastics %K at 94.38% 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 2025-02-28, growing by 0.29 million shares to a total of 4.48 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 4.19 million shares. There was a rise of 6.48%, which implies that there is a positive sentiment for the stock.

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