Baldwin insurance group CEO sells shares worth $5.44 million

Published 14/03/2025, 23:00
Baldwin insurance group CEO sells shares worth $5.44 million

Trevor Baldwin, the CEO of Baldwin Insurance Group, Inc. (NASDAQ:BWIN), a $4.7 billion market cap insurance company, recently sold a significant portion of his holdings. According to a Form 4 filing with the Securities and Exchange Commission, Baldwin sold a total of 135,101 shares of Class A common stock over a series of transactions from March 12 to March 14, 2025. The sales occurred at prices ranging from $39.22 to $41.13 per share, totaling approximately $5.44 million. InvestingPro analysis indicates the stock is currently trading below its Fair Value, despite showing strong revenue growth of 14% over the last twelve months.

Following these transactions, Baldwin now directly owns 13,302 shares of the company’s stock. Additionally, he holds 27,676 shares indirectly through the TLB 2020 Trust. Baldwin’s role as both CEO and a member of the 10% owner group highlights the significance of these transactions for investors monitoring insider activity, particularly given the stock’s high beta of 1.72, indicating significant price volatility.

This activity comes amidst a period of strategic adjustments for Baldwin Insurance Group, which has been focusing on expanding its market presence and enhancing its service offerings. Investors will be keen to observe how these insider sales align with the company’s broader strategic goals. Get deeper insights into BWIN’s valuation and growth prospects with InvestingPro, which offers exclusive access to detailed financial analysis and 7 additional ProTips for this stock.

In other recent news, Baldwin Insurance Group Inc. reported its fourth-quarter 2024 earnings, meeting analyst expectations with an earnings per share (EPS) of $0.27 and surpassing revenue forecasts with $329.9 million, above the anticipated $327.01 million. The company achieved a 19% organic revenue growth for the quarter and a 17% growth for the full year, indicating a strong market position. Baldwin also reported a 25% growth in adjusted EBITDA, reaching $312.5 million, and a significant 97% increase in adjusted free cash flow, totaling $134.9 million. Additionally, the company has managed to reduce its net leverage from 4.8x to 4.1x. Looking forward, Baldwin projects organic revenue growth in the lower half of the 10-15% range for 2025, with total revenue expected between $1.52 billion and $1.56 billion. Analysts have noted potential risks due to reinsurance pricing impacts from California wildfires, which could affect future performance. Despite these challenges, Baldwin remains optimistic about continued revenue and EBITDA growth in the upcoming year.

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