& Robyn Jones Descendants Mark Sells 2,519 Shares of Goosehead Insurance (NASDAQ:GSHD) Stock

Goosehead Insurance (NASDAQ:GSHDGet Free Report) major shareholder & Robyn Jones Descendants Mark sold 2,519 shares of Goosehead Insurance stock in a transaction that occurred on Thursday, July 30th. The stock was sold at an average price of $66.27, for a total transaction of $166,934.13. Following the completion of the transaction, the insider owned 6,870,180 shares in the company, valued at approximately $455,286,828.60. This trade represents a 0.04% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

& Robyn Jones Descendants Mark also recently made the following trade(s):

  • On Wednesday, July 29th, & Robyn Jones Descendants Mark sold 125,000 shares of Goosehead Insurance stock. The shares were sold at an average price of $69.71, for a total value of $8,713,750.00.
  • On Wednesday, May 27th, & Robyn Jones Descendants Mark sold 9,588 shares of Goosehead Insurance stock. The shares were sold at an average price of $40.76, for a total value of $390,806.88.
  • On Tuesday, May 26th, & Robyn Jones Descendants Mark sold 45,588 shares of Goosehead Insurance stock. The stock was sold at an average price of $40.07, for a total value of $1,826,711.16.
  • On Friday, May 22nd, & Robyn Jones Descendants Mark sold 82,689 shares of Goosehead Insurance stock. The stock was sold at an average price of $41.77, for a total value of $3,453,919.53.
  • On Thursday, May 21st, & Robyn Jones Descendants Mark sold 70,751 shares of Goosehead Insurance stock. The stock was sold at an average price of $41.36, for a total value of $2,926,261.36.
  • On Friday, May 1st, & Robyn Jones Descendants Mark sold 5,090 shares of Goosehead Insurance stock. The stock was sold at an average price of $45.32, for a total value of $230,678.80.

Goosehead Insurance Stock Down 2.9%

Shares of NASDAQ GSHD opened at $62.00 on Friday. Goosehead Insurance has a 12 month low of $33.68 and a 12 month high of $93.90. The company has a market cap of $2.20 billion, a price-to-earnings ratio of 45.26, a P/E/G ratio of 2.29 and a beta of 1.41. The business has a fifty day simple moving average of $46.88 and a 200-day simple moving average of $48.81.

Goosehead Insurance (NASDAQ:GSHDGet Free Report) last released its quarterly earnings results on Wednesday, July 22nd. The company reported $0.64 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.17. The business had revenue of $95.63 million during the quarter, compared to analyst estimates of $103.30 million. Goosehead Insurance had a negative return on equity of 21.00% and a net margin of 8.78%.Goosehead Insurance’s revenue for the quarter was up 20.6% on a year-over-year basis. During the same quarter last year, the company posted $0.49 EPS. As a group, sell-side analysts expect that Goosehead Insurance will post 1.45 EPS for the current fiscal year.

Key Headlines Impacting Goosehead Insurance

Here are the key news stories impacting Goosehead Insurance this week:

  • Positive Sentiment: Durable Capital Partners recently purchased approximately 153,700 shares of Goosehead Insurance for about $9.1 million, increasing its position. The buying activity may signal confidence from a major institutional investor.
  • Neutral Sentiment: J.P. Morgan reaffirmed its Hold rating on Goosehead Insurance, indicating limited conviction at current valuation levels. The broader analyst consensus also remains “Hold,” with a target price near the stock’s recent trading range. J.P. Morgan Remains a Hold on Goosehead Insurance
  • Negative Sentiment: Major shareholders reported selling a combined 137,519 shares worth approximately $9.5 million. The largest transaction was a 125,000-share sale by the Robyn Jones Descendants Mark at an average price of $69.71, followed by additional sales from the same holder, Adrienne Kebodeaux and The Bear Irrevocable Trust. Although the Jones descendants still own roughly 6.87 million shares, the sales could reinforce concerns about insider confidence and increase near-term supply. Goosehead Insurance Insider Sales Filing
  • Negative Sentiment: Goosehead’s latest quarterly results were mixed: earnings of $0.64 per share exceeded the $0.47 consensus estimate, but revenue of $95.63 million missed expectations of $103.30 million. Revenue nevertheless increased 20.6% year over year. With the stock trading at an elevated earnings multiple, investors may be particularly sensitive to signs of slower growth or further revenue disappointments.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on GSHD. Piper Sandler lifted their target price on shares of Goosehead Insurance from $52.00 to $72.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 15th. Weiss Ratings upgraded shares of Goosehead Insurance from a “sell (d)” rating to a “sell (d+)” rating in a research report on Thursday, July 9th. UBS Group raised their price objective on shares of Goosehead Insurance from $70.00 to $72.00 and gave the stock a “buy” rating in a research note on Monday. Bank of America decreased their price objective on shares of Goosehead Insurance from $43.00 to $37.00 and set an “underperform” rating for the company in a research note on Tuesday, April 14th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and set a $76.00 price objective on shares of Goosehead Insurance in a research report on Thursday, July 23rd. Seven research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $68.45.

View Our Latest Stock Analysis on Goosehead Insurance

Institutional Investors Weigh In On Goosehead Insurance

A number of institutional investors have recently bought and sold shares of GSHD. AQR Capital Management LLC boosted its position in Goosehead Insurance by 85.7% during the 1st quarter. AQR Capital Management LLC now owns 4,332 shares of the company’s stock worth $511,000 after acquiring an additional 1,999 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Goosehead Insurance by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,369 shares of the company’s stock valued at $1,578,000 after purchasing an additional 578 shares during the period. Goldman Sachs Group Inc. increased its holdings in shares of Goosehead Insurance by 86.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 354,775 shares of the company’s stock valued at $41,885,000 after purchasing an additional 164,693 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Goosehead Insurance by 5.8% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 58,395 shares of the company’s stock worth $6,894,000 after purchasing an additional 3,218 shares in the last quarter. Finally, Intech Investment Management LLC lifted its position in shares of Goosehead Insurance by 28.2% in the first quarter. Intech Investment Management LLC now owns 11,179 shares of the company’s stock worth $1,320,000 after purchasing an additional 2,461 shares in the last quarter.

Goosehead Insurance Company Profile

(Get Free Report)

Goosehead Insurance (NASDAQ: GSHD) is a technology-driven insurance agency that connects consumers with a broad range of personal and commercial insurance products through an extensive network of independent insurance advisors. The company specializes in homeowners, auto, flood, dwelling fire, umbrella, life, and commercial lines coverage, working with multiple national and regional carriers to offer tailored policies. By combining advanced quoting tools with local market expertise, Goosehead streamlines the insurance shopping process and helps clients find competitive coverage options.

Founded in 2003 and headquartered in Westlake, Texas, Goosehead has grown its footprint across more than 40 states in the U.S.

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Insider Buying and Selling by Quarter for Goosehead Insurance (NASDAQ:GSHD)

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