Brown & Brown, Inc. (NYSE:BRO) has been enjoying a steady uptick in its stock value. Various investment groups including the
Teacher Retirement System of Texas,
Whittier Trust Co. of Nevada Inc., and
Commonwealth Equity Services LLC among others, have increased their holdings in Brown & Brown. The company has surpassed earnings estimates, which is reflected in a 9.3% increase in the stock since the last report. This positive performance has positioned the company as a
Dividend Aristocrat. However, insiders have recently sold a considerable amount of stock worth US$61m, which could suggest potential weaknesses. Brown & Brown has also announced
Paul Gallagher as Controller, contributing to the firm's solid performance. Nonetheless, this strong showing doesn't seem to be reflected in the company's business in relation to market trends. This underlines the need for investors to continuously review their strategy, keeping in view the company's future growth outlook.
Brown Brown BRO News Analytics from Wed, 16 Dec 2020 08:00:00 GMT to Sat, 22 Mar 2025 10:18:19 GMT -
Rating 8
- Innovation 4
- Information 7
- Rumor 3