Brown & Brown, Inc. BRO Stock Quotes and Insider News

Insider Chart Past 6 Months

Technical Chart

Filings by transaction date

Mar 20, 2024 (filed on Mar 21, 2024)

Insider Name:

Walker Chris L

Ownership Type:

Direct Ownership

Securities:

Common Stock, $.10 par value (2019 SIP)

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

1,462

Price:

--
Mar 13, 2024 (filed on Mar 14, 2024)

Insider Name:

Brown Hyatt J

Ownership Type:

Indirect Ownership

Securities:

Common Stock, $.10 par value

Nature of Transaction:

S - Open market or private sale

# or value acquired/disposed of:

-41,677

Price:

$85.25
Mar 13, 2024 (filed on Mar 14, 2024)

Insider Name:

Brown Hyatt J

Ownership Type:

Indirect Ownership

Securities:

Common Stock, $.10 par value

Nature of Transaction:

S - Open market or private sale

# or value acquired/disposed of:

-50,000

Price:

$85.04
Mar 12, 2024 (filed on Mar 14, 2024)

Insider Name:

Brown Hyatt J

Ownership Type:

Indirect Ownership

Securities:

Common Stock, $.10 par value

Nature of Transaction:

S - Open market or private sale

# or value acquired/disposed of:

-50,000

Price:

$86.05
Mar 12, 2024 (filed on Mar 14, 2024)

Insider Name:

Brown Hyatt J

Ownership Type:

Indirect Ownership

Securities:

Common Stock, $.10 par value

Nature of Transaction:

S - Open market or private sale

# or value acquired/disposed of:

-50,000

Price:

$85.90
Mar 12, 2024 (filed on Mar 14, 2024)

Insider Name:

Brown Hyatt J

Ownership Type:

Indirect Ownership

Securities:

Common Stock, $.10 par value

Nature of Transaction:

S - Open market or private sale

# or value acquired/disposed of:

-44,323

Price:

$85.91
Feb 25, 2024 (filed on Feb 27, 2024)

Insider Name:

Turpin Julie

Ownership Type:

Direct Ownership

Securities:

Common Stock, $.10 par value

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-2,071

Price:

$84.24
Feb 25, 2024 (filed on Feb 27, 2024)

Insider Name:

Watts R. Andrew

Ownership Type:

Direct Ownership

Securities:

Common Stock, $.10 par value

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-14,000

Price:

$84.24
Feb 25, 2024 (filed on Feb 27, 2024)

Insider Name:

Boyd Stephen M

Ownership Type:

Direct Ownership

Securities:

Common Stock, $.10 par value

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-6,012

Price:

$84.24
Feb 25, 2024 (filed on Feb 27, 2024)

Insider Name:

Brown J Powell

Ownership Type:

Direct Ownership

Securities:

Common Stock, $.10 par value

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-46,672

Price:

$84.24

Filings by filing date

Mar 20, 2024 (filed on Mar 21, 2024)

Insider Name:

Walker Chris L

Ownership Type:

Direct Ownership

Securities:

Common Stock, $.10 par value (2019 SIP)

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

1,462

Price:

--
Mar 13, 2024 (filed on Mar 14, 2024)

Insider Name:

Brown Hyatt J

Ownership Type:

Indirect Ownership

Securities:

Common Stock, $.10 par value

Nature of Transaction:

S - Open market or private sale

# or value acquired/disposed of:

-41,677

Price:

$85.25
Mar 13, 2024 (filed on Mar 14, 2024)

Insider Name:

Brown Hyatt J

Ownership Type:

Indirect Ownership

Securities:

Common Stock, $.10 par value

Nature of Transaction:

S - Open market or private sale

# or value acquired/disposed of:

-50,000

Price:

$85.04
Mar 12, 2024 (filed on Mar 14, 2024)

Insider Name:

Brown Hyatt J

Ownership Type:

Indirect Ownership

Securities:

Common Stock, $.10 par value

Nature of Transaction:

S - Open market or private sale

# or value acquired/disposed of:

-50,000

Price:

$86.05
Mar 12, 2024 (filed on Mar 14, 2024)

Insider Name:

Brown Hyatt J

Ownership Type:

Indirect Ownership

Securities:

Common Stock, $.10 par value

Nature of Transaction:

S - Open market or private sale

# or value acquired/disposed of:

-50,000

Price:

$85.90
Mar 12, 2024 (filed on Mar 14, 2024)

Insider Name:

Brown Hyatt J

Ownership Type:

Indirect Ownership

Securities:

Common Stock, $.10 par value

Nature of Transaction:

S - Open market or private sale

# or value acquired/disposed of:

-44,323

Price:

$85.91
Feb 25, 2024 (filed on Feb 27, 2024)

Insider Name:

Turpin Julie

Ownership Type:

Direct Ownership

Securities:

Common Stock, $.10 par value

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-2,071

Price:

$84.24
Feb 25, 2024 (filed on Feb 27, 2024)

Insider Name:

Watts R. Andrew

Ownership Type:

Direct Ownership

Securities:

Common Stock, $.10 par value

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-14,000

Price:

$84.24
Feb 25, 2024 (filed on Feb 27, 2024)

Insider Name:

Boyd Stephen M

Ownership Type:

Direct Ownership

Securities:

Common Stock, $.10 par value

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-6,012

Price:

$84.24
Feb 25, 2024 (filed on Feb 27, 2024)

Insider Name:

Brown J Powell

Ownership Type:

Direct Ownership

Securities:

Common Stock, $.10 par value

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-46,672

Price:

$84.24

News

Biz Brief

Sector: Financials	Industry: Multiline Insurance & Brokers

See Regulatory Filings on SEC

Company Contact

Address:	300 N. Beach Street DAYTONA BEACH FL 32114
Tel:	N/A
Website:	https://www.bbinsurance.com
IR:	See website

Key People

J. Hyatt Brown Chairman of the Board	J. Powell Brown President, Chief Executive Officer, Director	R. Andrew Watts Chief Financial Officer, Executive Vice President, Treasurer
Julie L. Turpin Executive Vice President, Chief People Officer	K. Gray Nester Executive Vice President, Chief Information Officer	Stephen M. Boyd Executive Vice President, President - Wholesale Brokerage Segment
P. Barrett Brown Executive Vice President, President - Retail Segment	Jerome Scott Penny Executive Vice President, Chief Acquisitions Officer	Chris L. Walker Executive Vice President, President - National Programs Segment

Business Overview

Brown & Brown, Inc. is an insurance brokerage company engaged in delivering risk management solutions to individuals and businesses. The Company markets and sells insurance products and services, primarily in the property, casualty, and employee benefits areas. Its segments include Retail, National Programs, Wholesale Brokerage and Services. The Retail segment provides a broad range of insurance products and services to commercial, public and quasi-public, professional and individual insured customers, and non-insurance services and products through its automobile dealer services F&I businesses. The National Programs segment, which acts as a managing general agent, provides professional liability and related package products for certain professionals. The Wholesale Brokerage segment markets and sells excess and surplus commercial and personal lines insurance. The Services segment provides insurance-related services, including third-party claims administration and adjusting services.

Financial Overview

For the fiscal year ended 31 December 2023, Brown & Brown, Inc. revenues increased 19% to $4.26B. Net income applicable to common stockholders increased 30% to $857.2M. Revenues reflect Retail segment increase of 17% to $2.44B. Net income benefited from Expense Ratio -% - National Progress decrease of 10% to 20.6%, Loss Ratio -% - Service Division increase of 6% to 56%, (Gain)/loss on disposal increase from $4.5M to $143.3M (income).

Employees:	16,152 as of Dec 31, 2023

Reporting Currency:	U.S. Dollars
Enterprise value:	$26,205M as of Dec 31, 2023
Annual revenue (TTM):	$4,257M as of Dec 31, 2023
EBITDA (TTM):	$1,421M as of Dec 31, 2023
Net annual income (TTM):	$857.20M as of Dec 31, 2023
Free cash flow (TTM):	$805.60M as of Dec 31, 2023
Net Debt Last Fiscal Year:	$3,084M as of Dec 31, 2023
Shares outstanding:	285,801,863 as of Feb 19, 2024
Index Membership:	S&P 500
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization