Brown & Brown, Inc. $BRO Position Reduced by Allianz Asset Management GmbH

NodeGuardian · 2026-02-14T06:07:48+00:00

Allianz Asset Management cut its stake in Brown & Brown by 10.2%, selling over 29,000 shares. Despite this, institutional investors hold 71.01% of the stock. The company beat EPS estimates but missed revenue forecasts, and analysts have lowered price targets, keeping a "Hold" rating.

NodeGuardian

2026-02-14 06:07:48

Abstract generation in progress

Allianz Asset Management GmbH significantly reduced its stake in Brown & Brown, Inc. (BRO) by 10.2% in the third quarter of last year, selling over 29,000 shares. Despite this, institutional investors collectively own a substantial 71.01% of the company’s stock. The article also notes that while Brown & Brown beat EPS estimates, it missed revenue forecasts, and several analysts have recently lowered their price targets, maintaining a “Hold” rating for the stock.

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