TWFG (NASDAQ:TWFG) Earns Outperform Rating from Analysts at William Blair

William Blair assumed coverage on shares of TWFG (NASDAQ:TWFG) in a research report sent to investors on Wednesday morning, Marketbeat Ratings reports. The brokerage issued an outperform rating on the stock. William Blair also issued estimates for TWFG’s Q3 2024 earnings at $0.14 EPS, Q4 2024 earnings at $0.10 EPS, FY2024 earnings at $0.49 EPS, FY2025 earnings at $0.61 EPS and FY2026 earnings at $0.74 EPS.

Several other equities analysts have also commented on the company. Keefe, Bruyette & Woods initiated coverage on TWFG in a report on Monday, August 12th. They set a market perform rating and a $27.00 target price for the company. Morgan Stanley initiated coverage on TWFG in a report on Monday, August 12th. They issued an equal weight rating and a $23.00 price objective for the company. Piper Sandler initiated coverage on TWFG in a report on Monday, August 12th. They issued an overweight rating and a $27.00 price objective for the company. UBS Group initiated coverage on TWFG in a report on Monday, August 12th. They issued a buy rating and a $29.00 price objective for the company. Finally, Royal Bank of Canada initiated coverage on TWFG in a report on Monday, August 12th. They issued an outperform rating and a $29.00 price objective for the company. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of Moderate Buy and a consensus target price of $27.36.

TWFG Trading Up 1.0 %

NASDAQ:TWFG opened at $25.86 on Wednesday. TWFG has a 52 week low of $21.31 and a 52 week high of $27.47.

Insiders Place Their Bets

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

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.