The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. 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 $3.98 billion.
As published in a research note from Goldman on May 13, 2025, Brown & Brown, Inc [BRO] has been rated down from a Buy to a Neutral and the price target has been revised to $119. Analysts at Edward Jones started covering the stock with ‘”a Buy”‘ outlook in a report released in mid April. As of March 25, 2025, Morgan Stanley has decreased its “an Overweight” rating to a “an Equal-weight” for BRO. Earlier on December 05, 2024, Morgan Stanley initiated its rating. Their recommendation was “an Overweight” for BRO stock.
Analyzing BRO Stock Performance
During the last five days, there has been a drop of approximately -0.12%. Over the course of the year, Brown & Brown, Inc shares have jumped approximately 8.24%. 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.
Support And Resistance Levels for Brown & Brown, Inc (BRO)
According to the 24-hour chart, there is a support level at 109.62, which, if violated, would cause prices to drop to 108.81. In the upper region, resistance lies at 111.31. The next price resistance is at 112.19. RSI (Relative Strength Index) is 43.61 on the 14-day chart, showing neutral technical sentiment.
