Brown & Brown Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NYSE:BRO Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
26 Nov 24	SellUS$46,815,204	J. Brown	Individual	418,928	US$111.75
29 Aug 24	SellUS$14,071,226	J. Brown	Individual	134,640	US$104.51
08 Aug 24	SellUS$250,800	R. Watts	Individual	2,500	US$100.32
07 Jun 24	SellUS$301,232	Julie Turpin	Individual	3,350	US$89.92
13 Mar 24	SellUS$20,210,253	J. Brown	Individual	236,000	US$86.05

Insider Trading Volume

Insider Buying: BRO insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of BRO?
Owner Type	Number of Shares	Ownership Percentage
State or Government	238,575	0.0834%
General Public	25,592,518	8.95%
Individual Insiders	47,234,381	16.5%
Institutions	212,892,916	74.4%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 61.92% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
13.3%	J. Brown	38,053,918	US$3.9b	-1.09%	no data
10%	The Vanguard Group, Inc.	28,604,175	US$2.9b	-0.32%	0.04%
6.27%	BlackRock, Inc.	17,922,833	US$1.8b	7.5%	0.03%
4.48%	Principal Global Investors, LLC	12,817,010	US$1.3b	0.03%	0.64%
3.8%	State Street Global Advisors, Inc.	10,866,620	US$1.1b	0.04%	0.04%
3.35%	Select Equity Group, L.P.	9,573,280	US$985.0m	-27.1%	3.33%
2.09%	Geode Capital Management, LLC	5,981,080	US$615.4m	-0.13%	0.04%
2.09%	Eaton Vance Management	5,971,611	US$614.4m	-9.72%	0.14%
1.91%	J. Brown	5,462,034	US$562.0m	-0.17%	no data
1.38%	Goldman Sachs Asset Management, L.P.	3,936,033	US$405.0m	-0.67%	0.11%
1.37%	Allspring Global Investments, LLC	3,915,425	US$402.9m	0.72%	0.57%
1.27%	Capital Research and Management Company	3,629,565	US$373.4m	155%	0.02%
1.17%	Norges Bank Investment Management	3,345,422	US$344.2m	0%	0.03%
1.1%	Wells Fargo & Company, Securities and Brokerage Investments	3,150,391	US$324.1m	-1.11%	0.1%
1.09%	First Eagle Investment Management, LLC	3,104,848	US$319.5m	0.08%	0.42%
0.86%	Manulife Asset Management	2,451,378	US$252.2m	-29.8%	0.19%
0.81%	Fenimore Asset Management, Inc.	2,324,876	US$239.2m	-3.65%	4.86%
0.81%	Invesco Capital Management LLC	2,317,235	US$238.4m	4%	0.09%
0.77%	Skagen AS	2,189,881	US$225.3m	0%	3.3%
0.72%	UBS Asset Management AG	2,060,700	US$212.0m	-13.8%	0.02%
0.71%	Northern Trust Global Investments	2,026,795	US$208.5m	-6.76%	0.03%
0.67%	Brewin Dolphin Limited	1,918,694	US$197.4m	14.7%	1.22%
0.65%	ProShare Advisors LLC	1,872,086	US$192.6m	-14.7%	0.46%
0.64%	Barclays PLC Private Banking & Investment Banking Investment	1,833,451	US$188.6m	5.71%	0.12%
0.61%	Madison Investment Holdings, Inc	1,734,746	US$178.5m	4.03%	2.05%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/30 07:19
End of Day Share Price	2024/12/30 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Brown & Brown, Inc. is covered by 33 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Jay Gelb	Barclays
Alex Scott	Barclays
Michael Zaremski	BMO Capital Markets Equity Research