TWFG (NASDAQ:TWFG) Research Coverage Started at BMO Capital Markets

BMO Capital Markets assumed coverage on shares of TWFG (NASDAQ:TWFG) in a research note issued to investors on Monday, Marketbeat reports. The brokerage issued an outperform rating and a $30.00 price objective on the stock.

A number of other analysts have also weighed in on the company. Piper Sandler began coverage on TWFG in a research note on Monday. They set an overweight rating and a $27.00 price objective for the company. Keefe, Bruyette & Woods began coverage on TWFG in a research note on Monday. They set a market perform rating and a $27.00 price objective for the company. JPMorgan Chase & Co. began coverage on TWFG in a research note on Monday. They set an overweight rating and a $26.50 price objective for the company. Morgan Stanley began coverage on TWFG in a research note on Monday. They set an equal weight rating and a $23.00 price objective for the company. Finally, UBS Group began coverage on TWFG in a research note on Monday. They set a buy rating and a $29.00 price objective for the company. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of Moderate Buy and an average price target of $27.36.

TWFG Trading Down 0.9 %

Shares of TWFG opened at $24.17 on Monday. TWFG has a 1 year low of $21.31 and a 1 year high of $26.15.

Insider Buying and Selling

In other TWFG news, Director Janet S. Wong purchased 2,500 shares of the company’s stock in a transaction that occurred on Friday, July 19th. The stock was bought at an average price of $17.00 per share, with a total value of $42,500.00. Following the completion of the purchase, the director now directly owns 6,029 shares of the company’s stock, valued at approximately $102,493. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In other news, COO Katherine C. Nolan acquired 6,250 shares of the firm’s stock in a transaction on Friday, July 19th. The stock was acquired at an average price of $17.00 per share, for a total transaction of $106,250.00. Following the completion of the acquisition, the chief operating officer now owns 94,485 shares in the company, valued at $1,606,245. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Janet S. Wong acquired 2,500 shares of the firm’s stock in a transaction on Friday, July 19th. The stock was purchased at an average price of $17.00 per share, with a total value of $42,500.00. Following the acquisition, the director now owns 6,029 shares of the company’s stock, valued at approximately $102,493. The disclosure for this purchase can be found here. Insiders acquired 30,300 shares of company stock valued at $515,100 over the last quarter.

TWFG Company Profile

We are a leading, high-growth, independent distribution platform for personal and commercial insurance in the United States. We are pioneers in the insurance industry, developing an agency model built on innovation and experience with what we believe is a more flexible approach than traditional distribution models.