UBS Group Initiates Coverage on TWFG (NASDAQ:TWFG)

UBS Group started coverage on shares of TWFG (NASDAQ:TWFG) in a report published on Monday, MarketBeat Ratings reports. The brokerage issued a buy rating and a $29.00 target price on the stock.

TWFG Trading Up 1.3 %

Shares of NASDAQ TWFG opened at $24.48 on Monday. TWFG has a 1-year low of $21.31 and a 1-year high of $26.15.

Insider Activity

In related news, COO Katherine C. Nolan purchased 6,250 shares of the stock in a transaction that occurred on Friday, July 19th. The stock was bought at an average cost of $17.00 per share, for a total transaction of $106,250.00. Following the completion of the transaction, the chief operating officer now directly owns 94,485 shares in the company, valued at $1,606,245. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In other TWFG news, Director Janet S. Wong acquired 2,500 shares of the business’s stock in a transaction on Friday, July 19th. The shares were bought at an average price of $17.00 per share, with a total value of $42,500.00. Following the transaction, the director now directly owns 6,029 shares of the company’s stock, valued at approximately $102,493. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Katherine C. Nolan bought 6,250 shares of TWFG stock in a transaction on Friday, July 19th. The stock was acquired 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 owns 94,485 shares of the company’s stock, valued at $1,606,245. The disclosure for this purchase can be found here. In the last 90 days, insiders have purchased 30,300 shares of company stock valued at $515,100.

About TWFG

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.