Key Points
- TWFG Director Michael Doak bought 11,000 shares on May 28 at an average price of $18.87, a transaction worth about $207,570. The purchase increased his direct holdings to 679,398 shares.
- Doak has been actively accumulating TWFG shares, with multiple additional buys disclosed over the surrounding days, including another 11,330 shares and a larger 24,880-share purchase. This pattern may signal insider confidence in the stock.
- TWFG recently beat earnings estimates, reporting $0.29 EPS on revenue of $72.84 million, while analysts currently rate the stock a Hold on average with a consensus price target of $26.00. The shares were trading near $18.77, close to their 50-day average and well below the 200-day average.
TWFG, Inc. (NASDAQ:TWFG - Get Free Report) Director Michael Doak acquired 11,000 shares of the business's stock in a transaction on Thursday, May 28th. The stock was purchased at an average cost of $18.87 per share, with a total value of $207,570.00. Following the acquisition, the director directly owned 679,398 shares of the company's stock, valued at $12,820,240.26. This represents a 1.65% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink.
Michael Doak also recently made the following trade(s):
- On Friday, May 29th, Michael Doak bought 11,330 shares of TWFG stock. The shares were bought at an average cost of $18.87 per share, with a total value of $213,797.10.
- On Wednesday, May 27th, Michael Doak bought 24,880 shares of TWFG stock. The shares were bought at an average cost of $18.62 per share, with a total value of $463,265.60.
- On Tuesday, May 26th, Michael Doak bought 11,000 shares of TWFG stock. The shares were bought at an average cost of $19.23 per share, with a total value of $211,530.00.
- On Friday, May 22nd, Michael Doak bought 11,000 shares of TWFG stock. The shares were bought at an average cost of $18.89 per share, with a total value of $207,790.00.
- On Thursday, May 21st, Michael Doak bought 17,538 shares of TWFG stock. The shares were bought at an average cost of $18.52 per share, with a total value of $324,803.76.
- On Wednesday, May 20th, Michael Doak bought 15,745 shares of TWFG stock. The shares were bought at an average cost of $18.79 per share, with a total value of $295,848.55.
TWFG Stock Up 0.1%
TWFG stock opened at $18.77 on Friday. The stock has a market capitalization of $1.02 billion, a P/E ratio of 34.76 and a beta of 0.46. The firm has a 50-day simple moving average of $18.78 and a 200-day simple moving average of $22.84. The company has a quick ratio of 94.71, a current ratio of 94.71 and a debt-to-equity ratio of 0.01. TWFG, Inc. has a 52 week low of $16.56 and a 52 week high of $36.85.
TWFG (NASDAQ:TWFG - Get Free Report) last released its earnings results on Thursday, May 7th. The company reported $0.29 EPS for the quarter, topping analysts' consensus estimates of $0.20 by $0.09. The business had revenue of $72.84 million during the quarter, compared to analysts' expectations of $67.67 million. TWFG had a net margin of 3.04% and a return on equity of 15.96%. Equities analysts forecast that TWFG, Inc. will post 0.97 earnings per share for the current fiscal year.
Key TWFG News
Here are the key news stories impacting TWFG this week:
- Positive Sentiment: Director Michael Doak bought 11,330 shares at $18.87 each in the latest disclosed insider purchase, adding to a recent run of similar buys and reinforcing the view that insiders see value at current levels. SEC Form 4 filing
- Positive Sentiment: Wall Street analysts continue to see upside potential in TWFG, with one recent note citing roughly 31% potential upside and improving earnings estimate revisions. Zacks article
- Neutral Sentiment: TWFG shareholders approved directors and the auditor at the company’s annual meeting, a routine governance update that is unlikely to move the stock on its own. TipRanks article
- Neutral Sentiment: Recent analyst estimate changes were mixed to mildly positive, with one firm aligning FY2026 earnings at $1.05 per share versus the broader consensus of $0.97.
- Negative Sentiment: Despite the insider buying, TWFG still faces a cautious analyst picture overall, with several firms rating it Hold and the average price target near $26, suggesting the market remains somewhat restrained on the name.
Analyst Ratings Changes
A number of analysts have recently commented on TWFG shares. Weiss Ratings reissued a "sell (d+)" rating on shares of TWFG in a research note on Monday, May 4th. Keefe, Bruyette & Woods lowered their price target on shares of TWFG from $31.00 to $25.00 and set a "market perform" rating on the stock in a research report on Tuesday, April 7th. Morgan Stanley lowered their price target on shares of TWFG from $24.00 to $21.00 and set an "equal weight" rating on the stock in a research report on Thursday, May 21st. JPMorgan Chase & Co. lowered their price target on shares of TWFG from $27.00 to $24.00 and set a "neutral" rating on the stock in a research report on Thursday, April 9th. Finally, Piper Sandler lowered their price target on shares of TWFG from $24.00 to $22.00 and set an "overweight" rating on the stock in a research report on Friday, May 8th. Three research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $26.00.
Check Out Our Latest Report on TWFG
Hedge Funds Weigh In On TWFG
Several institutional investors and hedge funds have recently bought and sold shares of TWFG. Fifth Third Bancorp boosted its holdings in TWFG by 102.7% in the 4th quarter. Fifth Third Bancorp now owns 896 shares of the company's stock valued at $26,000 after purchasing an additional 454 shares during the last quarter. Quadrant Capital Group LLC acquired a new position in TWFG in the 4th quarter valued at about $68,000. Quantbot Technologies LP boosted its holdings in TWFG by 52.5% in the 2nd quarter. Quantbot Technologies LP now owns 4,053 shares of the company's stock valued at $142,000 after purchasing an additional 1,395 shares during the last quarter. Russell Investments Group Ltd. acquired a new position in TWFG in the 3rd quarter valued at about $142,000. Finally, State of Tennessee Department of Treasury acquired a new position in TWFG in the 2nd quarter valued at about $155,000.
About TWFG
(
Get Free Report)
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.
See Also
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