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

BMO Capital Markets started coverage on shares of TWFG (NASDAQ:TWFG) in a report issued on Monday, MarketBeat.com reports. The firm issued an outperform rating and a $30.00 price target on the stock.

Other equities research analysts also recently issued reports about the stock. JPMorgan Chase & Co. assumed coverage on shares of TWFG in a research report on Monday. They set an overweight rating and a $26.50 target price on the stock. Morgan Stanley assumed coverage on shares of TWFG in a research report on Monday. They set an equal weight rating and a $23.00 target price on the stock. Piper Sandler assumed coverage on shares of TWFG in a research report on Monday. They set an overweight rating and a $27.00 target price on the stock. Keefe, Bruyette & Woods assumed coverage on shares of TWFG in a research report on Monday. They set a market perform rating and a $27.00 target price on the stock. Finally, UBS Group began coverage on shares of TWFG in a research report on Monday. They set a buy rating and a $29.00 target price on the stock. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of Moderate Buy and a consensus price target of $27.36.

TWFG Price Performance

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

Insiders Place Their Bets

In related news, COO Katherine C. Nolan acquired 6,250 shares of the 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 purchase, the chief operating officer now directly owns 94,485 shares of the company’s stock, valued at approximately $1,606,245. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In related news, CFO Janice E. Zwinggi acquired 3,000 shares of the 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 $51,000.00. Following the purchase, the chief financial officer now directly owns 61,823 shares of the company’s stock, valued at approximately $1,050,991. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, COO Katherine C. Nolan acquired 6,250 shares of the stock in a transaction dated Friday, July 19th. The stock was bought at an average price of $17.00 per share, with a total value of $106,250.00. Following the purchase, the chief operating officer now directly owns 94,485 shares in the company, valued at $1,606,245. The disclosure for this purchase can be found here. In the last 90 days, insiders bought 30,300 shares of company stock worth $515,100.

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.