Recent insider activity for Baldwin Insurance Group (BWIN) indicates negative sentiment. Multiple high-level executives and directors, including Seth Bala Cohen and Lowry Baldwin, have sold significant portions of their shares in the past month. This consistent selling activity, with no purchases recorded, suggests a lack of confidence among insiders, which could negatively impact investor sentiment.
The stock is currently trading at $38.39 with a bearish momentum. Key technical indicators include:
The stock is approaching a critical support level at $36.81 (Fibonacci S2). If this level is breached, the stock could see further declines.
While William Blair maintains a Buy rating with a target price of $44.25, the overall insider selling activity and technical indicators suggest caution.
Based on the current technical setup and insider activity, the stock is expected to decline in the next trading week. The target price is $36.81, with a potential drop below this level if selling pressure continues.
Sell BWIN stock as the technical indicators and insider activity suggest further downside potential.
The price of BWIN is predicted to go up 8.29%, based on the high correlation periods with EVI. The similarity of these two price pattern on the periods is 95.38%.
BWIN
EVI
Wells Fargo
2025-01-14
Price Target
$41 → $38
Upside
+0.03%
Keefe, Bruyette & Woods
2025-01-10
Price Target
$50 → $49
Upside
+37.18%
JP Morgan
2025-01-03
Price Target
$47 → $46
Upside
+20.61%