On a relative basis, the stock has outperformed the S&P 500 by 0.93% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.65% in the last 1 week, and is up 2.55% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have rallied 9.82% from its 1 Year high price. On Jul 1, 2016, the shares registered one year high at $37.50 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $36.14 and the 200 Day Moving Average price is recorded at $33.89.
The stock has recorded a 20-day Moving Average of 3.03% and the 50-Day Moving Average is 4.34%.
Brown & Brown (NYSE:BRO): stock turned positive on Friday. Though the stock opened at $37.04, the bulls momentum made the stock top out at $37.38 level for the day. The stock recorded a low of $36.95 and closed the trading day at $37.34, in the green by 1.49%. The total traded volume for the day was 784,946. The stock had closed at $36.79 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged that Strianese Anthony T, Officer (Evp And Pres. Wholesale Div.) of BROWN & BROWN INC, had unloaded 1,444 shares at an average price of $37.02 in a transaction dated on June 30, 2016. The total value of the transaction was worth $53,457.
Brown & Brown Inc. is a diversified insurance agency wholesale brokerage insurance programs and service organization. The Company markets and sells insurance products and services in the property casualty and employee benefits areas. The Companys has four operating segments: the Retail Division provides insurance products and services to commercial public entity professional and individual customers; the National Programs Division provides professional liability and related package products for certain professionals and markets targeted products and services to industries trade groups public entities and market niches; the Wholesale Brokerage Division markets and sells excess and surplus commercial and personal insurance and reinsurance through agents and brokers; and the Services Division provides customers with thirdparty claims administration consulting for the workers compensation insurance market comprehensive medical utilization management services.