BRO BROWN & BROWN, INC. Insider Trading

Director Joia M Johnson purchases 860 BRO shares at $58.05; stock now at $59.99, +10.3% in 30 days

Joia M Johnson, a director, purchased 860 shares of BROWN & BROWN, INC. at $58.05 on 2026-06-09, initiating a position with a total value of $49,923.00. The acquisition price sits within the 52-week range of $53.81–$111.10, placing the transaction 46.0% below the 52-week high. Over the prior 30 days, the stock has appreciated 10.3%, and Johnson's purchase coincides with this upward momentum. The company's fundamentals remain solid, with revenue of $1,901,000,000.00 and net income of $426,000,000.00 in the latest quarter, supported by annual revenue growth of +22.8%. Johnson's cross-ticker track record shows 2 prior buys with a 50.00% 90-day win rate, indicating mixed timing precision on historical open-market purchases across all securities.

Director H Palmer Jr Proctor purchases 2,000 shares of BRO at $57.10 amid stock decline; solid financials and low valuation provide foundation.

H Palmer Jr Proctor, a director at Brown & Brown, bought 2,000 shares on open market while the stock trades well below its recent highs after a significant pullback. The company remains financially strong with growing revenue and profitability, trading at a reasonable valuation multiple. As a director with prior purchase activity, Proctor's willingness to buy into the weakness suggests conviction that the recent decline is an opportunity, not a warning sign. The combination of solid fundamentals, attractive entry point, and a director adding to his position makes this a noteworthy signal, though his limited prior trading history means this cannot be characterized as part of an established pattern of well-timed purchases.

BRO director KRUMP buys 2,678 shares at $93.31; holdings double to 5,353 shares as stock down 24.7% from 52-week high.

Director Paul J Krump purchased 2,678 shares at $93.31, doubling his direct holdings from 2,675 to 5,353 shares and increasing his stake by 100.1% relative to prior holdings. The transaction occurred when BRO was trading 24.7% below its 52-week high and down 13.4% over the past 30 days, suggesting the purchase was made at a depressed price point following recent weakness. The company maintains strong fundamentals with annual revenue growth of 12.9%, trailing P/E of 30.70, and a market cap of $30.9B, indicating an established business rather than a turnaround situation. This significant expansion of a director's personal stake warrants examination of whether it represents conviction-driven accumulation or a scheduled commitment, though the scale and doubling of holdings distinguishes it from routine portfolio activity.

Director Masojada purchased 1,000 BRO shares at $91.44; holdings now 5,000. Prior BRO buy (Jun 2023) returned +12.2% in 90d.

Masojada Bronislaw Edmund, a director of Brown & Brown, purchased 1,000 shares at $91.44 on 2025-08-06, increasing his holdings by 25.0%. His prior open-market transaction at this ticker (Jun 2023) achieved a +12.2% gain over 90 days, establishing a demonstrated ability to identify entry points at BRO. The current price of $92.51 sits 25.6% below the 52-week high of $124.43 and has declined 13.7% over the past 30 days, suggesting this purchase occurs in a pullback environment. The company maintains solid fundamentals with $1.3B in quarterly revenue and strong annual growth of +12.9%, though the stock's elevated P/E of 30.33 reflects market expectations that merit scrutiny against recent price momentum.

BRO Chairman Brown sells 418,928 shares for $46.8M at $111.75; post-transaction holds 36.0M shares

Brown & Brown Chairman Brown executed 2 separate sales totaling 418,928 shares for $46,815,204.00 on 2024-11-25 and 2024-11-26, reducing holdings from 36.42M to 36.0M shares (a -1.2% reduction). The blended sale price of $111.75 occurred within 1.9% of the 52-week high of $113.42, and within a 30-day context of +9.1% upward price movement. Against his cross-ticker track record of 6 prior sells with an average 90-day return of +4.7% and a 0.00% well-timed rate, the incumbent trade had insufficient time for measurement. However, his prior sales at BRO (5 transactions across March and August 2024) consistently showed negative 30-day returns averaging -3.8% and positive 90-day returns averaging +4.9%, indicating prior sales at this ticker were poorly timed (stock subsequently rose). The current filing occurs at elevated valuation (P/E 30.82) and near the 52-week high, providing limited margin-of-safety context.

Chairman BROWN HYATT J sold 134.6K shares of BRO for $14.1M on 2024-08-29, exiting full position

BROWN HYATT J, the Chairman of Brown & Brown Inc., sold 134.6K shares at $104.51 on 2024-08-29, eliminating his entire equity stake of 134,640 shares. The complete liquidation at a price near the 52-week high of $105.13 occurs after the stock rose 5.7% in 30 days and 17.4% in 90 days. Examining his same-ticker history at BRO, his 5 prior sales between March and August resulted in 90-day returns of +5.4%, +5.1%, +4.3%, +4.4%, and +4.2% respectively—all positive, meaning the stock consistently rose after each sale. This 0% well-timed sell rate at BRO (zero of five prior sells preceded a decline) stands in contrast to the timing of the current sale, which follows strong momentum. The company reports Q3 revenue of $1.2B and net income of $257.0M with 19.1% annual revenue growth; the stock trades at a P/E of 30.12 with a market cap of $30.0B. The full exit by the Chairman warrants investor attention given the complete position liquidation, though the absence of a scheduled trading plan flag and the elevated recent price action require clarification on whether this reflects a discrete portfolio decision.