baldwin risk partners is an insurance distribution holding company. its core focus is on management of resources and capital to fuel organic and acquisitive growth in the insurance industry. under brp, these investments bring new professionals, increased geographic representation, expanded value propositions, innovation and new lines of insurance competency. brp member companies include baldwin krystyn sherman partners, the villages insurance partners, medicare insurance partners, american risk partners, florida medicare options, ryan insurance, ipeo solutions, d&m; insurance solutions, and affordable home insurance, inc.
Company profile
Ticker
BRP
Exchange
Website
CEO
Trevor L. Baldwin
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Baldwin Risk Partners, LLC • Baldwin Krystyn Sherman Partners, LLC • BRP Colleague Inc. • BRP Middle Market Insurance Holdings, LLC • BRP Insurance Intermediary Holdings, LLC • BRP Main Street Insurance Holdings, LLC • BRP Medicare Insurance Holdings, LLC • BRP Insurance I, LLC • BRP Insurance II, LLC • BRP Insurance III, LLC ...
IRS number
611937225
BRP stock data
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
25 Apr 24
DEFA14A
Additional proxy soliciting materials
25 Apr 24
DEF 14A
Definitive proxy
25 Apr 24
S-8
Registration of securities for employees
28 Feb 24
10-K
2023 FY
Annual report
28 Feb 24
8-K
BRP Group, Inc. Announces Fourth Quarter and Full Year 2023 Results
28 Feb 24
8-K
Departure of Directors or Certain Officers
24 Jan 24
S-3ASR
Automatic shelf registration
7 Nov 23
10-Q
2023 Q3
Quarterly report
7 Nov 23
8-K
BRP Group, Inc. Announces Third Quarter 2023 Results
7 Nov 23
Transcripts
BRP
Earnings call transcript
2023 Q4
28 Feb 24
BRP
Earnings call transcript
2023 Q3
7 Nov 23
BRP
Earnings call transcript
2023 Q2
9 Aug 23
BRP
Earnings call transcript
2023 Q1
9 May 23
BRP
Earnings call transcript
2022 Q4
28 Feb 23
BRP
Earnings call transcript
2022 Q3
8 Nov 22
BRP
Earnings call transcript
2022 Q2
10 Aug 22
BRP
Earnings call transcript
2022 Q1
15 May 22
BRP
Earnings call transcript
2021 Q4
2 Mar 22
BRP
Earnings call transcript
2021 Q3
9 Nov 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Net income | |||||
Net profit margin | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 194.39 mm | 194.39 mm | 194.39 mm | 194.39 mm | 194.39 mm | 194.39 mm |
Cash burn (monthly) | 6.17 mm | 4.69 mm | 10.62 mm | 15.95 mm | 4.21 mm | (no burn) |
Cash used (since last report) | 42.59 mm | 32.35 mm | 73.30 mm | 110.12 mm | 29.07 mm | n/a |
Cash remaining | 151.81 mm | 162.04 mm | 121.10 mm | 84.27 mm | 165.33 mm | n/a |
Runway (months of cash) | 24.6 | 34.6 | 11.4 | 5.3 | 39.3 | n/a |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 157 |
Opened positions | 15 |
Closed positions | 8 |
Increased positions | 58 |
Reduced positions | 51 |
13F shares | Current |
---|---|
Total value | 1.33 tn |
Total shares | 85.88 mm |
Total puts | 14.30 k |
Total calls | 59.10 k |
Total put/call ratio | 0.2 |
Largest owners | Shares | Value |
---|---|---|
Baldwin Lowry | 15.81 mm | $0.00 |
FMR | 8.67 mm | $201.52 bn |
Vanguard | 6.00 mm | $139.28 bn |
BLK Blackrock | 4.23 mm | $98.19 bn |
Holdings, Inc./NV IHC | 3.86 mm | $113.61 mm |
Champlain Investment Partners | 3.74 mm | $86.92 bn |
Bamco | 3.11 mm | $72.25 bn |
MCQEF Macquarie | 2.48 mm | $57.58 bn |
IVZ Invesco | 2.11 mm | $49.08 bn |
WHG Westwood | 1.74 mm | $40.48 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Apr 24 | Shook Ellyn | Class A Common Stock | Grant | Acquire A | No | No | 0 | 639 | 0.00 | 7,285 |
1 Apr 24 | Matas Barbara Ruth | Class A Common Stock | Grant | Acquire A | No | No | 0 | 639 | 0.00 | 12,440 |
1 Apr 24 | Jay A Cohen | Class A Common Stock | Grant | Acquire A | No | No | 0 | 639 | 0.00 | 11,463 |
1 Apr 24 | Kadow Joseph John | Class A Common Stock | Grant | Acquire A | No | No | 0 | 639 | 0.00 | 12,440 |
1 Apr 24 | Sunita Parasuraman | Class A Common Stock | Grant | Acquire A | No | No | 0 | 639 | 0.00 | 7,285 |
News
Wells Fargo Maintains Equal-Weight on BRP Group, Lowers Price Target to $28
11 Apr 24
Keefe, Bruyette & Woods Maintains Outperform on BRP Group, Raises Price Target to $34
10 Apr 24
JP Morgan Upgrades BRP Group to Overweight, Raises Price Target to $33
8 Apr 24
B of A Securities Maintains Buy on BRP Group, Lowers Price Target to $42
29 Feb 24
Keefe, Bruyette & Woods Maintains Outperform on BRP Group, Raises Price Target to $33
29 Feb 24
Press releases
ICEYE and Juniper Re, LLC announce multi-year flood and wildfire data collaboration
25 Apr 24
BRP Group, Inc. and Nasdaq's Third Annual Directors and Officers (D&O) Benchmarking Report Includes Key Findings on Cyber Liability in this Year's Edition
17 Apr 24
BRP Group, Inc. to Report First Quarter 2024 Results on Tuesday, May 7, 2024
1 Apr 24
Millennial Specialty Insurance, LLC Announces Launch of its Multifamily Insurance Solutions into Canadian Market with Distribution Through Summit Commercial Solutions
5 Mar 24
Amwins Purchases Wholesale Business from BRP Group, Inc.
29 Feb 24