In yesterday’s Wall Street session, The Baldwin Insurance Group Inc. (NASDAQ:BWIN) shares traded at $33.68, up 0.84% from the previous session.
BWIN stock price is now 16.14% away from the 50-day moving average and 34.48% away from the 200-day moving average. The market capitalization of the company currently stands at $2.23B.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
With the price target enhanced from $27 to $33, JP Morgan Upgraded its rating from Neutral to Overweight for The Baldwin Insurance Group Inc. (NASDAQ: BWIN). On December 12, 2023, Raymond James Upgraded its previous ‘Outperform’ rating to ‘Strong Buy’ on the stock keeping its target price maintained at $30, while ‘Wells Fargo’ rates the stock as ‘Equal Weight’
In other news, Baldwin Lowry, Director sold 125,000 shares of the company’s stock on May 21 ’24. The stock was sold for $4,262,018 at an average price of $34.10. Upon completion of the transaction, the Director now directly owns 0 shares in the company, valued at $0.0. An SEC document containing details of the transaction can be found on the SEC’s website. On May 13 ’24, Roche James Morgan sold 5,000 shares of the business’s stock. A total of $153,050 was realized by selling the stock at an average price of $30.61. This leaves the insider owning 233,499 shares of the company worth $7.86 million. A total of 1.61% of the company’s stock is owned by insiders.
During the past 12 months, The Baldwin Insurance Group Inc. has had a low of $17.33 and a high of $35.46. The fifty day moving average price for BWIN is $29.0836 and a two-hundred day moving average price translates $25.090925 for the stock.
The latest earnings results from The Baldwin Insurance Group Inc. (NASDAQ: BWIN) was released for 2024-03-31. The net profit margin was -4.29% and return on equity was -9.04% for BWIN.
