TWFG (NASDAQ:TWFG) Stock Price Down 4.3% – What’s Next?

TWFG, Inc. (NASDAQ:TWFG) shares traded down 4.3% during trading on Wednesday . The stock traded as low as $17.14 and last traded at $17.4580. 51,759 shares traded hands during trading, a decline of 60% from the average session volume of 128,488 shares. The stock had previously closed at $18.25.

Analyst Ratings Changes

TWFG has been the subject of several analyst reports. Weiss Ratings restated a “sell (d)” rating on shares of TWFG in a research note on Wednesday, January 21st. Zacks Research cut shares of TWFG from a “hold” rating to a “strong sell” rating in a research note on Tuesday, January 20th. Morgan Stanley raised their target price on shares of TWFG from $30.00 to $31.00 and gave the stock an “equal weight” rating in a research note on Monday, November 17th. Royal Bank Of Canada initiated coverage on shares of TWFG in a report on Monday, November 24th. They issued an “outperform” rating and a $33.00 target price on the stock. Finally, JPMorgan Chase & Co. increased their price target on shares of TWFG from $30.00 to $31.00 and gave the stock a “neutral” rating in a report on Monday, November 17th. Four investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $32.86.

TWFG Price Performance

The company has a 50-day moving average of $26.28 and a two-hundred day moving average of $26.61. The company has a debt-to-equity ratio of 0.01, a current ratio of 101.35 and a quick ratio of 101.35. The stock has a market capitalization of $983.61 million, a PE ratio of 39.78 and a beta of 0.10.

Institutional Investors Weigh In On TWFG

A number of institutional investors have recently bought and sold shares of TWFG. Fifth Third Bancorp increased its position in TWFG by 102.7% during the fourth quarter. Fifth Third Bancorp now owns 896 shares of the company’s stock worth $26,000 after purchasing an additional 454 shares during the last quarter. Quadrant Capital Group LLC acquired a new position in shares of TWFG in the 4th quarter valued at $68,000. Quantbot Technologies LP grew its stake in shares of TWFG by 52.5% during the 2nd quarter. Quantbot Technologies LP now owns 4,053 shares of the company’s stock valued at $142,000 after buying an additional 1,395 shares during the period. State of Tennessee Department of Treasury purchased a new stake in shares of TWFG during the 2nd quarter valued at $155,000. Finally, Russell Investments Group Ltd. acquired a new stake in shares of TWFG during the 3rd quarter worth $142,000.

TWFG Company Profile

TWFG Insurance Services, Inc operates as a property and casualty insurance distribution company that provides personal and commercial insurance solutions through a hybrid model of company-owned branches and franchised offices. The firm offers a broad spectrum of insurance products, including auto, homeowners, renters, umbrella, flood and specialty lines coverage, tailored to meet the needs of individuals, families and businesses. By partnering with multiple insurance carriers, TWFG delivers competitive pricing and customized policy options designed to help clients manage risk and protect their assets.

Founded in 1980 and headquartered in Odessa, Texas, TWFG has expanded its network to serve customers across numerous U.S.