InsiderStreet Equity Research

Produced by InsiderStreet.ai from live production data. It is not investment advice, not an offer or solicitation to buy or sell any security, and not a recommendation for any investor. Do not rely on it for any investment decision.

Last Close

$69.40

2026-10-16

Market Cap

$23.2B

Volume

2.2M

52-Wk High

$90.46

52-Wk Low

$53.81

Trailing PE

19.2

P/S

3.39

Gross Margin

59.0%

Net Margin

17.6%

ROE

10%

ROIC

7%

Piotroski

6/9

Altman Z

1.6

1-Yr Return

-20.4%

5-Yr Return

+102.5%

Brown & Brown, Inc. operates as an insurance brokerage firm, providing a diverse range of products and services throughout the United States, Bermuda, Canada, Ireland, the United Kingdom, and the Cayman Islands. The company's operations are strategically divided into four primary segments: Retail, National Programs, Wholesale Brokerage, and Services. The Retail division delivers a comprehensive suite of property and casualty, employee benefits, personal, and specialized insurance offerings, complemented by services such as loss control assessments, consulting, and claims processing. This segment caters to a broad spectrum of clients, including commercial entities, public and quasi-public organizations, professionals, and individuals. The National Programs segment focuses on professional liability and associated bundled insurance products for specific sectors like dentistry, law, optometry, insurance, finance, medicine, and real estate title professionals, alongside supplementary coverages for events, medical facilities, and cyber risks. This segment also provides outsourced services to insurance carrier partners, encompassing product development, marketing, underwriting, actuarial analysis, compliance, claims, and other administrative support, while additionally managing commercial and public entity programs and flood insurance, largely through independent agents. The Wholesale Brokerage segment facilitates the distribution of excess and surplus commercial and personal lines insurance via independent agents and brokers. Finally, the Services segment offers critical support functions such as third-party claims administration and medical utilization management for workers' compensation and all-lines liability, along with Medicare Set-aside provisions, Social Security disability assistance, Medicare benefits advocacy, and claims adjusting services. Founded in 1939, Brown & Brown, Inc. is headquartered in Daytona Beach, Florida.

SectorFinancial ServicesIndustryInsurance - BrokersExchangeNYSEMarket Cap$23.2BEmployees22,888 (SEC-filed)CEOJ. Powell BrownIPO1981-02-11CountryUS

300 North Beach Street, Daytona Beach, FL 32114 · Tel 386 252 9601 · bbrown.com

INSIDERSTREET SCORE60 / 100Street mean $81.50 (2 analysts, last qtr) — their number, not ours

INSIDER CONSENSUS SIGNALNET BUYING$0.2M open-market purchases vs $0.0M sales / 6 mo

1 Year vs S&P 500 · BRO -20.4% · S&P 500 +15.9% · spread -36.3pp

7 Years vs S&P 500 · BRO +102.5% · S&P 500 +189.9% · spread -87.4pp

Both charts indexed to 100 at the start of their window and drawn on a single shared scale, so the gap to the benchmark is the gap you see. Adjusted closes throughout.

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INSIDERSTREET
SCORE60of 100

Score Breakdown

Profitability	61/100
Growth	73/100
Momentum	97/100
Quality	79/100
Earnings Quality	73/100
Balance Sheet	50/100
Value	59/100
Risk (safety)	100/100
Overall	59.5/100

Each component is a diagnostic reading on its own 0-100 scale. The overall score is computed separately from the underlying financials and is not the average of the rows above — components are not equally weighted and three of them (Momentum, Value, Risk) are derived partly from price rather than from the business.

Peer Comparison — IS Score

Symbol	IS Score
WLTW	51
AON	50
AJG	52
MMC	47
RYAN	53
CRVL	69
BRO	60

IS Score Trend — quarterly

14 quarters, 23 Q1 to 26 Q2. Peak 73 in 25 Q1, latest 60 — -13 since. Fell in 2 of the last 4 quarters. Dashed line marks 40 on the 0-100 scale.

BUSINESS QUALITY60 / 100IS Score 59.5 / 100 · -13.4 from peak of 73

Fundamental factor model, quarterly. Measures how the business is doing - not where the price is going.

PRICE STRUCTUREBULLISHTechnical Score 81 / 100 · Power +62 · 20 of 22 indicator votes bullish

Vote share across trend, momentum, volume, volatility and pattern families. Describes where the price is, not where it is going.

Both readings sit above the midpoint — business quality at 60 and price structure at 81 out of 100 — so they are not in conflict. The fundamentals and the tape are saying the same thing, which is the case in which either one alone would have been enough.

Trigger	Where it stands now	What it would mean
IS Score reaches 75 and holds two consecutive quarters	now 59.5	would move us up one band
IS Score stops falling - one quarter higher than the prior	last four: 61 → 56 → 57 → 60	the direction matters more than the level
Technical vote share back above 50%	now 91%	price structure no longer broken
Institutional holder count rises two quarters running	peak 934 → now 814	fewer institutions willing to hold is our clearest warning

We publish these so the view can be shown to be wrong. If none of them move and our reading does, we owe you an explanation.

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

This page is InsiderStreet's own reading, produced from the data in the rest of this document. It is not a price target and not investment advice. Analyst consensus and street price targets appear later under their own heading and are the street's numbers, not ours.

Site Convergence Score4 of 4top 0% of 29,420 symbols

Sources Aligned— of 3independent disclosures

Congress (180d)2 buys2026-05-01

Insider Buys (180d)2$0.16M

ETF Funds (30d)821 up / 747 downnet +74 funds

Institutions Added (13F)-5managers opening or increasing

Congressional and insider figures are disclosed purchases in the trailing 180 days; ETF figures are COUNTS OF FUNDS whose holding changed in 30 days, not dollars. Coincidence of separate disclosures, not coordination. An absent source means nothing qualifying was disclosed in its window.

Institutions holding — 12 quarters

Peak 934 · latest 814 (-120 from peak).

Quarter	Holders	13F shares	Value	Reported own%
2026 Q2	814	284.0M	$17.9B	85.3%
2026 Q1	819	278.6M	$18.0B	83.7%
2025 Q4	892	272.7M	$21.5B	81.9%
2025 Q3	896	262.1M	$24.3B	78.7%
2025 Q2	934	266.5M	$29.3B	80.0%
2025 Q1	914	219.6M	$27.0B	66.0%
2024 Q4	875	214.5M	$21.6B	64.4%
2024 Q3	822	209.5M	$21.4B	62.9%
2024 Q2	763	209.5M	$18.6B	62.9%
2024 Q1	720	206.5M	$18.0B	62.0%
2023 Q4	691	206.2M	$14.6B	61.9%
2023 Q3	631	202.0M	$14.1B	60.7%

How to read ownership above 100%. A 13F reports the positions a manager has investment discretion over, and where two or more managers share discretion over the same block, each one reports it. Summed across filers, the total can therefore exceed the shares actually outstanding without anything being wrong. We publish the figure as filed rather than netting it down, and flag separately any quarter where the arithmetic is not merely high but impossible.

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Insider	Role	Date	Type	Shares	Value	Post-Txn Owned
Hunt James S	director	2026-09-21	GIFT	5,000	—	5,000
Hunt James S	director	2026-09-21	GIFT	5,000	—	22,109
Johnson Joia M	director	2026-06-09	BUY	860	$0.05M	860
Krump Paul J	director	2026-05-06	A-Award	2,434	—	7,787
Proctor H Palmer Jr	director	2026-05-06	A-Award	2,434	—	50,055
Jennings Toni	director	2026-05-06	A-Award	2,434	—	57,859
Patel Jaymin B	director	2026-05-06	A-Award	2,434	—	6,957
Hoepner Theodore J	director	2026-05-06	A-Award	2,434	—	72,185

6-mo decomposition (Form 4)	Txns	Shares	Value	Signal weight
P — Open-market purchases	2	2,860	$0.2M	Counted
G — Gifts	1	5,000	—	None

Monthly Net Insider Flow (000 shares)

Net of acquisitions minus dispositions, all Form 4 types.

Signal Summary

SignalNet Buying

Open-Market Sells$0.0M0 txns / 6 mo

Open-Market Buys$0.2M2 txns / 6 mo

ClusterNone active3+ insiders / 21 days

Filed	Filer	Shares registered	Est. proceeds
2024-11-26	Ormond Riverside, L P	29,921	$3.3M
2024-11-25	Ormond Riverside, L P	389,007	$43.5M
2024-08-29	Hyatt Brown	134,640	$14.1M
2024-08-08	Watts R. Andrew	2,500	$0.3M
Trailing 12 mo	0 filings	—	$0M

Filed	Form	Reporting person	% of class	Shares
2026-08-06	SCHEDULE 13G	Abigail P. Johnson	5.40%	18.3M sh
2026-05-14	SCHEDULE 13G/A	Capital World Investors	4.90%	16.5M sh
2026-04-29	SCHEDULE 13G	Vanguard Capital Management	6.42%	21.8M sh
2025-11-13	SCHEDULE 13G	Capital World Investors	5.30%	17.5M sh

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Member	Chamber	Trade	Size band	Traded	Disclosed
April Delaney	House	SELL	$100,001 - $250,000	2026-08-25	2026-09-10
April McClain Delaney	House	SELL	$100,001 - $250,000	2026-08-25	2026-09-10
Ro Khanna	House	BUY	$1,001 - $15,000	2026-05-01	2026-06-11
Alan Armstrong	Senate	BUY	$1,001 - $15,000	2026-03-27	2026-07-20
Tommy Tuberville	Senate	SELL	$1,001 - $15,000	2024-05-03	2024-06-14
Tommy Tuberville	Senate	SELL	$1,001 - $15,000	2024-05-03	2024-06-13

House 12-Mo64 trades30 purchases

Senate 12-Mo1 trades1 purchases

CoverageSTOCK Act filings30-45 day disclosure lag

13F Filers (last complete Q)819

13F Shares279M83.7% of shares out

New / Closed100 / 159positions, QoQ

Increased / Reduced312 / 304positions, QoQ

Put/Call (13F)0.83option positions

Free Float85.9%288M sh

2.8 · Largest Reporting 13F Managers

Manager	Shares	Value
Fenimore Asset Management Inc	2.2M	$136M
Confluence Investment Management L	351,677	$21M
Assenagon Asset Management S.A.	150,927	$9M
Ghp Investment Advisors, Inc.	126,123	$8M
Fjarde Ap-Fonden /Fourth Swedish N	120,655	$7M
Courant Investment Management Llc	116,397	$7M

EDGAR 13F holdings as of 2026-09-30; filer values normalized to dollars.

2.9 · Top ETF & Fund Ownership

Fund	Weight	Position
VITSX	0.0%	$551M
VTI	0.0%	$551M
VTSAX	0.0%	$551M
VSMPX	0.0%	$551M
VFIAX	0.0%	$460M
VFINX	0.0%	$460M

13F Filers Holding BRO — quarterly

Institutional Put/Call — quarterly

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Daily short-sale volume as % of volume reported in FINRA's short-sale file — a flow measure, not short interest; dashed = 50-day average.

Latest Session47.0%2026-10-15

20-Day Avg49.5%50-day 52.2%

TrendFalling20d vs 50d

By Market CenterQ: 46% · N: 63% · B: 45%latest session

Weekly Notional ($B)

Where BRO Trades in the Dark

ATS Venue (4-wk)	Shares	Avg trade
Ebxl Level Ats	3.6M	58 sh
Incr Intelligent Cross Llc	3.5M	52 sh
Ubsa Ubs Ats	2.9M	55 sh
Sgmt Sigma X2	1.9M	54 sh
Mstx Ms Trajectory Cross (Ats-1)	1.9M	50 sh
Cgxs Onechronos	1.5M	86 sh

Where a dollar of Brown & Brown, Inc. revenue goes. All values FY2025 filings, live.

Region	Revenue	Share
UNITED STATES	$5.1B	89%
UNITED KINGDOM	$599M	11%

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BRO (live moat model)Peer median: WLTW · AON · AJG · MMC · RYAN

Component scores from the live moat model. Peer median illustrative.

Moat score 56/100 — Narrow; primary source Efficient Scale.

3.8 · Employees (SEC filings)

Officer	Title
J. Powell Brown	Chief Executive Officer, President & Director
Barrett Brown	Executive Officer
J. Scott Penny	Executive Vice President & Chief Acquisitions Officer
Stephen Patrick Hearn	President of Retail Segment, Executive Vice President & Chief Operating Officer

Revenue ($B)

EPS ($) — GAAP diluted actual, street-basis estimate

Actual bars are GAAP diluted EPS from the filed income statement; the lighter forward bars are street-basis consensus. The two are different measures and are not comparable quarter to quarter.

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Quarterly EPS — Actual vs. Consensus

Beats (>2%)4 of 6recent quarters

Avg Surprise+3.3%

Next Report2026-10-26

Income Quality1.27OCF ÷ net income

Beat Rate—%0 of 0 quarters

Current Streak0longest 0

Avg EPS Surprise—%median —%

Surprise Trend—last 4 vs prior 4

Period	EPS est.	EPS actual	EPS surprise	Rev est. ($M)	Rev actual ($M)	Rev surprise

Announcement dates to . Consensus as it stood at each report. Revenue surprise shown where both estimate and actual are filed. A beat record is history, not a forecast.

Profit Margins (%)

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Revenue by Segment — Stacked

Live segmentation data.

YoY Growth Heatmap — Income Lines

YoY growth	FY21	FY22	FY23	FY24	FY25
Revenue	+16.9%	+16.9%	+17.9%	+12.1%	+26.6%
Gross profit	+20.6%	+23.8%	+15.2%	+14.3%	+127.1%
Operating income	+27.8%	+12.7%	+20.0%	+18.3%	+24.0%
Net income	+22.2%	+14.4%	+29.6%	+14.1%	+6.1%

$B · FY ends	FY21	FY22	FY23	FY24	FY25
Revenue	3.0	3.6	4.2	4.7	6.0
Cost of revenue	1.6	1.8	2.2	2.4	0.7
Gross profit	1.4	1.7	2.0	2.3	5.2
R&D expense	0.0	0.0	0.0	0.0	0.0
SG&A expense	0.0	0.0	0.0	0.0	0.0
Operating income	0.9	1.0	1.2	1.4	1.7
EBITDA	1.0	1.2	1.5	1.7	2.0
D&A	0.2	0.2	0.2	0.2	0.4
Pretax income	0.8	0.9	1.1	1.3	1.4
Income tax	0.2	0.2	0.3	0.3	0.3
Net income	0.6	0.7	0.9	1.0	1.1
Diluted EPS ($)	2.07	2.37	3.05	3.46	3.16
Diluted shares (M)	277	279	281	284	313

Operating CF$1B

CapEx$0B

Free cash flow$1B

SBC$0B

Buybacks$0B

Net cash change$1B

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Balance Sheet — Full

$B	FY22	FY23	FY24	FY25
Cash & equivalents	0.7	0.7	0.7	1.1
ST investments	0.0	0.0	0.0	0.0
Receivables (net)	2.4	2.0	3.5	3.6
Total current assets	5.0	5.1	6.9	8.6
PP&E (net)	0.5	0.5	0.5	0.6
Goodwill + intangibles	8.3	9.0	9.8	20.0
Total assets	14.0	14.9	17.6	30.0
Accounts payable	0.3	0.5	0.4	1.0
Short-term debt	0.3	0.6	0.2	0.7
Deferred revenue	0.5	0.5	0.7	1.2
Total current liabilities	4.6	5.0	6.3	8.3
Long-term debt	3.7	3.2	3.6	6.9
Total liabilities	9.4	9.3	11.2	17.4
Shareholders' equity	4.6	5.6	6.4	12.6

Cash Flow Statement — Full

$B	FY22	FY23	FY24	FY25
Net income	0.7	0.9	1.0	1.1
D&A	0.2	0.2	0.2	0.4
Stock-based compensation	0.1	0.1	0.1	0.1
Working capital change	(0.0)	(0.0)	(0.1)	(0.0)
Operating cash flow	0.9	1.0	1.2	1.5
Capital expenditures	(0.1)	(0.1)	(0.1)	(0.1)
Investing cash flow	(1.9)	(0.6)	(0.9)	(7.9)
Buybacks	(0.1)	(0.0)	(0.1)	(0.1)
Dividends paid	(0.1)	(0.1)	(0.2)	(0.2)
Debt issuance / (repay)	1.9	(0.2)	0.0	8.1
Financing cash flow	1.7	(0.2)	(0.1)	7.7
Free cash flow	0.8	0.9	1.1	1.4

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Balance Sheet Structure ($B)

Cash Generation vs Capex ($B)

Left: what the balance sheet is made of — the gap between the assets bar and the liabilities bar is book equity. Right: whether the capex bar is covered by the operating-cash bar; where it is not, the difference was funded externally and free cash flow goes negative.

Ratio	FY21	FY22	FY23	FY24	FY25	TTM
PROFITABILITY
ROE	14.8%	15.1%	17.1%	16.5%	11.1%	10%
ROA	6.3%	5.6%	6.0%	6.1%	4.4%	4.0%
ROIC	11.5%	9.1%	9.7%	10.4%	6.6%	6.8%
Gross margin	46.3%	49.0%	47.9%	48.9%	87.7%	59.0%
Operating margin	28.0%	27.0%	27.5%	29.1%	28.5%	28.5%
Net margin	19.3%	18.9%	20.7%	21.1%	17.7%	17.6%
EBITDA margin	32.2%	34.0%	36.9%	36.7%	34.2%	35.5%
FCF margin	29.4%	23.3%	22.5%	23.4%	24.2%	—
VALUATION
P/E	32.42	23.45	22.74	28.96	25.66	19.2
P/B	4.53	3.38	3.55	4.47	2.15	1.8
P/S	6.24	4.37	4.73	6.17	4.57	3.39
P/FCF	21.21	18.81	21.04	26.36	18.89	16.1
EV/EBITDA	20.74	15.79	14.93	18.57	16.52	12.5
EV/Revenue	6.75	5.36	5.52	6.89	5.73	4.4
Earnings yield	3.1%	4.3%	4.4%	3.5%	3.9%	5.21%
FCF yield	4.7%	5.3%	4.8%	3.8%	5.3%	6.23%

Ratio	FY21	FY22	FY23	FY24	FY25	TTM
LEVERAGE & SOLVENCY
Current ratio	1.25	1.09	1.04	1.10	1.04	1.13
Quick ratio	1.25	1.09	1.04	1.10	1.04	1.05
Debt / equity	0.54	0.91	0.72	0.63	0.63	0.64
Debt / assets	22.9%	29.9%	27.0%	23.1%	26.4%	26.8%
Net debt / EBITDA	1.55	2.91	2.14	1.95	3.34	2.91
Interest coverage	11.04	6.91	6.82	7.32	5.59	—

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Ratio	FY21	FY22	FY23	FY24	FY25	TTM
EFFICIENCY
Asset turnover	0.32	0.30	0.29	0.29	0.25	0.23
Receivables turnover	3.53	3.46	3.50	2.80	2.62	2.2
DSO (days)	103	105	104	131	139	169
DPO (days)	182	53	62	63	104	105
Cash conversion cycle	-78	52	42	67	35	142
GROWTH (YoY)
Revenue growth	17.0%	16.9%	17.4%	11.6%	26.6%	—
Net income growth	22.2%	13.2%	31.0%	14.2%	5.9%	—
EPS growth	21.9%	12.9%	29.7%	13.3%	-11.3%	—
FCF growth	37.9%	-7.6%	13.5%	16.1%	31.0%	—
PER SHARE ($)
EPS (diluted, TTM)	2.11	2.38	3.09	3.50	3.11	3.62
Book value / share	15.09	16.51	19.79	22.67	37.01	37.86
Revenue / share	10.96	12.77	14.84	16.43	17.43	20.58
FCF / share	3.23	2.97	3.34	3.85	4.22	4.34
Cash / share	2.54	2.37	2.52	2.41	3.18	2.76
SHAREHOLDER RETURN & SCORES
Buyback yield	0.4%	0.8%	0.2%	0.2%	0.4%	2.69%
Altman Z-Score	3.29	1.99	2.37	2.62	1.65	1.6
Piotroski F-Score	7	4	6	8	4	6/9
Beneish M-Score	-2.55	-1.83	-2.56	-1.93	-2.40	-2.03

Model	Score	Zone	Note
Piotroski F-Score	6 / 9	Middling
Altman Z-Score	1.6	Distress (<1.81)	Distress
Income quality	1.27	Cash-backed	OCF ÷ net income
Beneish M-Score	-2.03	Elevated	vs −2.22 threshold

DuPont Decomposition (TTM)	Value
Tax burden	0.78
Interest burden	0.80
Operating margin	28.4%
Asset turnover	0.25×
Financial leverage	2.30×
= ROE	10%

Growth Quality (live)	Value
Revenue stability	0.89
Earnings stability	0.95
Earnings persistence	0.92
Revenue CAGR 3y	20.0%
EPS CAGR 3y	10.8%
FCF CAGR 3y	20.0%

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Buyback Yield2.69%

Dividend Yield0.95%

Total Shareholder Return-15.92%cash yield

SBC / Revenue-0.0%dilution pressure

Company	Mkt cap	P/E	ROE	Net margin	Rev growth	Piotroski	1-yr ret
WLTW	$24.7B	14.3	20%	9.3%	+6.7%	6/9	—
AON	$62.1B	16.0	45%	13.0%	+4.9%	8/9	-13.9%
AJG	$65.3B	41.8	7%	8.1%	+26.3%	7/9	-8.8%
MMC	$89.8B	21.8	27%	11.8%	+7.6%	5/9	-5.8%
RYAN	$5.0B	42.8	34%	11.8%	+15.2%	9/9	-21.8%
CRVL	$4.0B	35.4	31%	12.4%	+7.1%	7/9	—
NP	$2.8B	20.6	-12%	28.3%	—	4/9	—
BWIN	$2.6B	-27.4	-11%	-7.9%	+20.5%	3/9	—

1-yr returns computed from adjusted price history; peers without a tracked series show —.

Hold

31 Analysts

Str Sell (0)Sell (1)Hold (20)Buy (10)Str Buy (0)

Mean Target (qtr)$81.502 targets

Target vs. Price+17.4%last-quarter mean

Next Report2026-10-26street $1.09

Consensus estimates	Revenue mean	High / Low	EPS mean	High / Low	# EPS est.
FY2026	$6.99B	$7.04B / $6.89B	$4.49	$4.65 / $4.43	13
FY2027	$7.29B	$7.37B / $7.21B	$4.86	$5.05 / $4.48	13
FY2028	$7.73B	$7.99B / $7.50B	$5.33	$5.72 / $5.05	7

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Street Price Target — Trajectory

Window	Avg Target	vs. Price	# Targets
Last Month	$73.00	+5.2%	1
Last Quarter	$81.50	+17.4%	2
Last Year	$79.00	+13.8%	5
All Time	$87.30	+25.8%	20

Rolling mean of published targets vs. last close $69.40. Aggregated from StreetInsider, Benzinga.

Third-Party Composite Rating

A-

DCF

5/5

ROE

3/5

ROA

5/5

Debt/Eq

3/5

P/E

2/5

P/B

2/5

Independent quant composite as of 2026-10-16; components scored 1–5 (5 best). Shown for contrast with the InsiderStreet Score — methodologies differ.

BRO -20.4% vs S&P 500 +15.9% — spread -36.3pp

Sector — XLF +7.2%

Peer Set — indexed to 100

All series indexed to 100 at the start of the window, adjusted closes.

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Candlesticks with SMA 20/50 overlay, Bollinger (20,2σ) band, volume, and Wilder RSI(14) — computed from live daily OHLCV.

Moving Average	Value	Distance	% Distance	Signal
SMA 20	$62.66	+6.74	+10.76%	Above
SMA 50	$67.19	+2.21	+3.29%	Above
SMA 200	$67.06	+2.34	+3.49%	Above
EMA 9	$65.17	+4.23	+6.49%	Above
EMA 21	$64.43	+4.97	+7.71%	Above
EMA 50	$65.56	+3.84	+5.86%	Above
EMA 200	$69.85	-0.45	-0.64%	Below

Series and readings from the nightly technical-indicator history — identical data to the site's ribbon chart. Supertrend segments colored by direction.

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

TECHNICAL VERDICTBULLISHPower Score +6220 of 22 indicator votes bullish

Family Scores (site weights)

Trend 30%100

Momentum 25%82

Volume 20%81

Volatility 10%67

Patterns 15%50

This Week91% bullishof 11 price-based votes

4 Weeks Ago9%+82 pts since

12 Weeks Ago27%+64 pts since

ReadImprovingweek-over-week trajectory

Price vs SMA 20$62.66

Price vs SMA 50$67.19

Price vs SMA 200$67.06

EMA 9/21 Cross65.2/64.4

SMA 50/200Golden

ADX DirectionADX 27

Supertrend$63

Parabolic SAR$63

SMA Slope0.220

RSI66.6

Stochastic K/D95/91

StochRSI K/D100/100

Williams %R-1

CCI221

TSI vs Signal-0.7

CMO33.3

ROC15.84%

OBV SignalAccum

Chaikin MF-0.010

MFI78

Force Index2M

Elder Ray Bull5.04

RSI (14)30 oversold · 70 overbought

Stochastic %Kvs %D 91

Money Flowvolume-weighted RSI

ADXtrend strength · <20 weak

Williams %Rinverted scale

Level	Value	Level	Value
Pivot / R1 / R2	$67.74 / $69.33 / $70.68	S1 / S2	$66.39 / $64.80
Bollinger (20,2)	$57.69 – $67.62	Squeeze	Off
52-wk range	$53.81 – $92.72	Off 52-wk high	-25.1%
ATR (14)	$1.81 (2.6%)	Historical vol	31.7%

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

-0.2%Jan55%

+0.4%Feb60%

+1.1%Mar57%

+1.9%Apr50%

+1.6%May65%

+0.5%Jun60%

+1.1%Jul65%

+2.4%Aug70%

-1.2%Sep30%

+0.9%Oct35%

+2.4%Nov75%

+0.5%Dec45%

Sample: 20 years — treat short histories as suggestive, not statistical.

Computed from live weekly prices	BRO	S&P 500
Weekly volatility (σ, 1y)	4.77%	1.83%
Best / worst week (1y)	+14.2% / -12.8%	—
Max drawdown (5y, monthly)	-53.1%	—
1-week VaR (95%)	-9.4%	—
Beta (5y)	0.58	1.00

BRO EQUITY WEATHER (LIVE)PARTLY CLOUDY · +23

Trend+35

Momentum+70

Volume+31

Volatility-60

Breadth-23

MARKET REGIME (2026-10-16)NEUTRAL

VIX19.99Normal

Dow TheoryConfirmed Bearish

SPY / QQQ TSI7.2 / 4.7trend strength

Sector Strength46/100breadth average

Average sentiment of 162 stories, weekly buckets, −1 to +1.

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NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Overall+22.9+28.3 vs industry

Trend+34.7+39.8 vs industry

Momentum+70.3+63.8 vs industry

Volume+30.7+30.7 vs industry

Reading	BRO	Insurance - Brokers n=53	Financial Services n=24,134	All US symbols n=70,435
Overall	+22.9	-5.5	-16.3	-20.5
Trend	+34.7	-5.2	-12.5	-21.3
Momentum	+70.3	+6.5	-4.4	-15.8
Volume	+30.7	+0.0	+0.0	-3.8

Trend, momentum and volume are computed per company. Volatility and breadth are market-regime values shared by every symbol in the universe, so they are reported once under Market Regime rather than compared here - a company cannot differ from its sector on a constant.

Executive	Total comp	Structure
J. Powell Brown Chief Executive Officer and	$8.6M	70% equity+incentive
Stephen P. Hearn Executive Vice President; C	$4.0M	66% equity+incentive
R. Andrew Watts Chief Financial Officer Exec	$3.7M	56% equity+incentive
P. Barrett Brown Executive Vice President	$3.5M	55% equity+incentive
Chris L. Walker Executive Vice President and	$3.4M	60% equity+incentive

Pillar (live disclosure scores)	Score
Environmental	50
Social	63
Governance	54
Composite ESG	56

Composite ESG Trend

Filed	8-K contents	Items
2026-09-10	Regulation FD; Exhibits	7.01,9.01
2026-08-10	Officer/Director Change	5.02
2026-07-27	Earnings Release; Exhibits	2.02,9.01
2026-06-05	Material Agreement; Financial Obligation	1.01,2.03
2026-05-07	Officer/Director Change; Shareholder Vote	5.02,5.07
2026-04-27	Earnings Release; Exhibits	2.02,9.01
2026-04-09	Regulation FD; Exhibits	7.01,9.01
2026-03-04	Departure/Election of Directors; Appointment of Officers; Financial St	5.02,9.01

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Methodology. Every figure originates in InsiderStreet's production data layer and is computed deterministically by the same engines that power insiderstreet.ai. This factsheet contains no model-written text. Sections without underlying data are omitted rather than estimated.

DISCLOSURES. This document is produced by InsiderStreet.ai from live production data. It is not investment advice, not an offer or solicitation to buy or sell any security, and not a recommendation tailored to any person. Data is sourced as of the dates shown and may no longer be current. InsiderStreet.ai is not a registered investment adviser or broker-dealer. Investing involves risk, including loss of principal. Past performance does not guarantee future results. Do not make any investment decision based on this document. © 2026 InsiderStreet.ai — all rights reserved. Redistribution prohibited.

Data domain	Source	Coverage for this report
Price & volume	market_db.historical_prices	52 rows
Fundamentals	income_statements_annual	6 rows · 2020 to 2025
Reported vs consensus	fact/earnings_calendar	24 rows · 2020-10-26 to 2026-07-27
Analyst estimates	dim/forward_estimates	3 rows · 2026-12-31 to 2028-12-31
Institutional ownership (13F)	holdings_db.institutional_ownership_summary	110 rows · 1999 to 2026
Insider transactions (Form 4)	edgar/form4	12 rows · 2026-05-06 to 2026-09-21
Proposed sales (Form 144)	edgar/form144	1 record
Beneficial ownership (13D/G)	edgar/13dg	4 rows · 2025-11-13 to 2026-08-06
Short-sale volume (FINRA)	edgar/short_volume_daily	60 rows · 2026-07-23 to 2026-10-15
Dark pool (ATS, tier 1)	edgar/darkpool_weekly	12 rows · 2026-06-15 to 2026-08-31
ETF & fund holding	etf_holdings_changelog (30d)	1 record
Peer set	stock_peers_dynamic	8 rows
Industry medians	industry_medians	1 record
Congressional trades	congress_db (House + Senate)	1 record
ESG	fact/esg_disclosures	1 record

Method. Every figure in this factsheet is looked up from a named field computed in code. It contains no model-written text.

Not covered. Short interest as a percent of float and days-to-cover are not in this data set — the short-sale figures above are FINRA volume, a flow, and cannot support squeeze or covering analysis. Options positioning and intraday data are also absent. 13F ownership is filed 45 days after quarter end and congressional trades are disclosed on a lag, so both describe a past position, not a current one.

Brown & Brown, Inc. (BRO)

Brown & Brown, Inc. (BRO)

Score Breakdown

Peer Comparison — IS Score

IS Score Trend — quarterly

Brown & Brown, Inc. (BRO)

Institutions holding — 12 quarters

Brown & Brown, Inc. (BRO)

Monthly Net Insider Flow (000 shares)

Signal Summary

Brown & Brown, Inc. (BRO)

2.8 · Largest Reporting 13F Managers

2.9 · Top ETF & Fund Ownership

13F Filers Holding BRO — quarterly

Institutional Put/Call — quarterly

Brown & Brown, Inc. (BRO)

Where BRO Trades in the Dark

Brown & Brown, Inc. (BRO)

3.8 · Employees (SEC filings)

Brown & Brown, Inc. (BRO)

Brown & Brown, Inc. (BRO)

Brown & Brown, Inc. (BRO)

Balance Sheet — Full

Cash Flow Statement — Full

Brown & Brown, Inc. (BRO)

Brown & Brown, Inc. (BRO)

Brown & Brown, Inc. (BRO)

Brown & Brown, Inc. (BRO)

Street Price Target — Trajectory

Third-Party Composite Rating

Brown & Brown, Inc. (BRO)

Brown & Brown, Inc. (BRO)

Family Scores (site weights)

Brown & Brown, Inc. (BRO)

Brown & Brown, Inc. (BRO)

Brown & Brown, Inc. (BRO)