Goosehead Insurance Inc (NASDAQ:GSHD) Insider Sells $965,634.34 in Stock

Goosehead Insurance Inc (NASDAQ:GSHD) insider & Robyn Jones Descendants Mark sold 20,009 shares of the company’s stock in a transaction on Monday, July 8th. The stock was sold at an average price of $48.26, for a total value of $965,634.34. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

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

  • On Wednesday, July 3rd, & Robyn Jones Descendants Mark sold 7,958 shares of Goosehead Insurance stock. The stock was sold at an average price of $50.05, for a total value of $398,297.90.
  • On Wednesday, June 5th, & Robyn Jones Descendants Mark sold 70,702 shares of Goosehead Insurance stock. The stock was sold at an average price of $35.99, for a total value of $2,544,564.98.
  • On Monday, June 3rd, & Robyn Jones Descendants Mark sold 38,002 shares of Goosehead Insurance stock. The stock was sold at an average price of $35.33, for a total value of $1,342,610.66.
  • On Monday, May 13th, & Robyn Jones Descendants Mark sold 18,146 shares of Goosehead Insurance stock. The stock was sold at an average price of $32.41, for a total value of $588,111.86.
  • On Friday, May 10th, & Robyn Jones Descendants Mark sold 1,400 shares of Goosehead Insurance stock. The stock was sold at an average price of $32.44, for a total value of $45,416.00.
  • On Wednesday, May 8th, & Robyn Jones Descendants Mark sold 10,603 shares of Goosehead Insurance stock. The stock was sold at an average price of $32.40, for a total value of $343,537.20.
  • On Monday, May 6th, & Robyn Jones Descendants Mark sold 45,394 shares of Goosehead Insurance stock. The stock was sold at an average price of $34.52, for a total value of $1,567,000.88.

Shares of GSHD stock opened at $46.37 on Friday. The business’s fifty day simple moving average is $41.94. The firm has a market capitalization of $727.05 million, a P/E ratio of 231.85, a PEG ratio of 2.89 and a beta of 0.32. Goosehead Insurance Inc has a 12-month low of $20.49 and a 12-month high of $51.47.

Goosehead Insurance (NASDAQ:GSHD) last issued its quarterly earnings results on Thursday, May 2nd. The company reported $0.16 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.16. The business had revenue of $23.13 million for the quarter, compared to the consensus estimate of $21.30 million. Goosehead Insurance had a negative return on equity of 17.75% and a negative net margin of 9.36%. Goosehead Insurance’s revenue was up 58.6% on a year-over-year basis. On average, equities research analysts forecast that Goosehead Insurance Inc will post 0.34 earnings per share for the current year.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. BNP Paribas Arbitrage SA increased its position in shares of Goosehead Insurance by 487.0% in the 1st quarter. BNP Paribas Arbitrage SA now owns 2,031 shares of the company’s stock valued at $57,000 after acquiring an additional 1,685 shares during the period. Nisa Investment Advisors LLC acquired a new position in shares of Goosehead Insurance in the 1st quarter valued at $84,000. Metropolitan Life Insurance Co. NY increased its position in shares of Goosehead Insurance by 356.6% in the 4th quarter. Metropolitan Life Insurance Co. NY now owns 3,219 shares of the company’s stock valued at $85,000 after acquiring an additional 2,514 shares during the period. SG Americas Securities LLC acquired a new position in shares of Goosehead Insurance in the 1st quarter valued at $102,000. Finally, Dubuque Bank & Trust Co. acquired a new position in shares of Goosehead Insurance in the 1st quarter valued at $184,000. 79.37% of the stock is currently owned by hedge funds and other institutional investors.

A number of research firms have weighed in on GSHD. Zacks Investment Research upgraded HAYS PLC/ADR from a “sell” rating to a “hold” rating in a report on Tuesday, June 18th. Bank of America set a $25.00 target price on Bed Bath & Beyond and gave the stock a “buy” rating in a report on Tuesday, July 2nd. Keefe, Bruyette & Woods lowered Trustmark from a “market perform” rating to an “underperform” rating and set a $34.00 target price for the company. in a report on Tuesday, March 19th. Finally, ValuEngine raised William Lyon Homes from a “strong sell” rating to a “sell” rating in a research report on Wednesday, April 10th.

Goosehead Insurance Company Profile

Goosehead Insurance, Inc focuses on operating as a holding company for Goosehead Financial, LLC that provides personal lines insurance agency services in the United States. The company operates through two segments, Corporate Channel and Franchise Channel. It offers various insurance products, including homeowner's insurance; auto insurance; other personal lines products, such as flood, wind, and earthquake insurance; excess liability or umbrella insurance; specialty lines insurance comprising motorcycle, recreational vehicle, and other insurance; commercial lines insurance consisting of general liability, property, and auto insurance for small businesses; and life insurance.

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

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