Insider Selling: Goosehead Insurance Inc (GSHD) Insider Sells 21,058 Shares of Stock

Goosehead Insurance Inc (NASDAQ:GSHD) insider & Robyn Jones Descendants Mark sold 21,058 shares of Goosehead Insurance stock in a transaction on Wednesday, March 20th. The stock was sold at an average price of $29.25, for a total transaction of $615,946.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

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

  • On Wednesday, March 6th, & Robyn Jones Descendants Mark sold 16,106 shares of Goosehead Insurance stock. The stock was sold at an average price of $29.01, for a total transaction of $467,235.06.
  • On Monday, March 4th, & Robyn Jones Descendants Mark sold 5,818 shares of Goosehead Insurance stock. The stock was sold at an average price of $29.54, for a total transaction of $171,863.72.
  • On Friday, March 1st, & Robyn Jones Descendants Mark sold 27,296 shares of Goosehead Insurance stock. The stock was sold at an average price of $30.57, for a total transaction of $834,438.72.
  • On Monday, February 11th, & Robyn Jones Descendants Mark sold 7,702 shares of Goosehead Insurance stock. The stock was sold at an average price of $27.26, for a total transaction of $209,956.52.
  • On Friday, February 8th, & Robyn Jones Descendants Mark sold 12,803 shares of Goosehead Insurance stock. The stock was sold at an average price of $27.83, for a total transaction of $356,307.49.
  • On Wednesday, February 6th, & Robyn Jones Descendants Mark sold 17,772 shares of Goosehead Insurance stock. The stock was sold at an average price of $28.30, for a total transaction of $502,947.60.
  • On Monday, February 4th, & Robyn Jones Descendants Mark sold 20,903 shares of Goosehead Insurance stock. The stock was sold at an average price of $28.25, for a total transaction of $590,509.75.
  • On Friday, February 1st, & Robyn Jones Descendants Mark sold 20,315 shares of Goosehead Insurance stock. The stock was sold at an average price of $28.24, for a total transaction of $573,695.60.
  • On Thursday, January 10th, & Robyn Jones Descendants Mark sold 157,895 shares of Goosehead Insurance stock. The stock was sold at an average price of $27.41, for a total transaction of $4,327,901.95.
  • On Monday, January 7th, & Robyn Jones Descendants Mark sold 37,593 shares of Goosehead Insurance stock. The stock was sold at an average price of $27.10, for a total transaction of $1,018,770.30.

Shares of GSHD opened at $28.96 on Friday. The firm has a market cap of $411.30 million and a PE ratio of 109.69. Goosehead Insurance Inc has a 1-year low of $10.78 and a 1-year high of $38.18.

Goosehead Insurance (NASDAQ:GSHD) last announced its quarterly earnings data on Thursday, March 7th. The company reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.04). The company had revenue of $14.72 million for the quarter, compared to analysts’ expectations of $15.30 million. Goosehead Insurance had a negative net margin of 8.54% and a negative return on equity of 23.68%. As a group, analysts predict that Goosehead Insurance Inc will post 0.39 EPS for the current fiscal year.

The business also recently disclosed a special dividend, which will be paid on Monday, April 1st. Stockholders of record on Monday, March 18th will be issued a dividend of $0.41 per share. The ex-dividend date is Friday, March 15th.

Institutional investors and hedge funds have recently made changes to their positions in the company. Metropolitan Life Insurance Co. NY grew its holdings in shares of Goosehead Insurance by 356.6% during the fourth quarter. Metropolitan Life Insurance Co. NY now owns 3,219 shares of the company’s stock valued at $85,000 after buying an additional 2,514 shares during the last quarter. Wells Fargo & Company MN grew its holdings in shares of Goosehead Insurance by 394.5% during the third quarter. Wells Fargo & Company MN now owns 5,904 shares of the company’s stock valued at $199,000 after buying an additional 4,710 shares during the last quarter. Jane Street Group LLC purchased a new stake in shares of Goosehead Insurance during the third quarter valued at $209,000. MetLife Investment Advisors LLC purchased a new stake in shares of Goosehead Insurance during the third quarter valued at $255,000. Finally, Alliancebernstein L.P. purchased a new stake in shares of Goosehead Insurance during the third quarter valued at $339,000. 82.16% of the stock is currently owned by hedge funds and other institutional investors.

Several equities analysts have issued reports on the stock. Keefe, Bruyette & Woods set a $32.00 price target on shares of Goosehead Insurance and gave the stock a “hold” rating in a report on Tuesday. Zacks Investment Research raised shares of Goosehead Insurance from a “sell” rating to a “hold” rating in a report on Thursday, January 31st. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Goosehead Insurance currently has an average rating of “Buy” and an average price target of $26.00.

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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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