Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Brown & Brown, Inc shares valued at $3,343,690 were purchased by ORMOND RIVERSIDE, L P on Nov 26 ’24. At $111.75 per share, ORMOND RIVERSIDE, L P acquired 29,921 shares.
Also, BROWN HYATT J sold 389,007 shares, netting a total of over 43,471,532 in proceeds. Following the sale of shares at $111.75 each, the insider now holds 36,029,921 shares.
Before that, BROWN HYATT J had sold 29,921 shares from its account. In a trade valued at $3,343,672, the Chairman traded Brown & Brown, Inc shares for $111.75 each. Upon closing the transaction, the insider’s holdings decreased to 29,921 shares, worth approximately $3.92 billion.
As published in their initiating research note from Edward Jones on April 16, 2025, Brown & Brown, Inc [BRO] has been a Buy. Analysts at Morgan Stanley downgraded the stock from ‘”an Overweight”‘ to ‘”an Equal-weight”‘ outlook in a report released in late March. As of December 05, 2024, Morgan Stanley has initiated its “an Overweight” rating for BRO. Earlier on September 24, 2024, Argus initiated its rating. Their recommendation was “a Buy” for BRO stock.
Analyzing BRO Stock Performance
During the last five days, there has been a drop of approximately -7.42%. Over the course of the year, Brown & Brown, Inc shares have jumped approximately 6.86%. Shares of the company reached a 52-week high of $125.68 on 04/03/25 and a 52-week low of $100.18 on 01/02/25. A 50-day SMA is recorded $117.71, while a 200-day SMA reached $107.80.
Support And Resistance Levels for Brown & Brown, Inc (BRO)
According to the 24-hour chart, there is a support level at 108.25, which, if violated, would cause prices to drop to 107.49. In the upper region, resistance lies at 110.41. The next price resistance is at 111.81. RSI (Relative Strength Index) is 37.12 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -6.45, which suggests the price will decrease in the coming days. Percent R is at 77.27%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
