& Robyn Jones Descendants Mark Sells 45,394 Shares of Goosehead Insurance Inc (NASDAQ:GSHD) Stock

Goosehead Insurance Inc (NASDAQ:GSHD) insider & Robyn Jones Descendants Mark sold 45,394 shares of the business’s stock in a transaction on Monday, May 6th. The shares were sold at an average price of $34.52, for a total transaction of $1,567,000.88. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

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

  • On Monday, May 13th, & Robyn Jones Descendants Mark sold 18,146 shares of Goosehead Insurance stock. The shares were sold at an average price of $32.41, for a total transaction of $588,111.86.
  • On Friday, May 10th, & Robyn Jones Descendants Mark sold 1,400 shares of Goosehead Insurance stock. The shares were sold at an average price of $32.44, for a total transaction of $45,416.00.
  • On Wednesday, May 8th, & Robyn Jones Descendants Mark sold 10,603 shares of Goosehead Insurance stock. The shares were sold at an average price of $32.40, for a total transaction of $343,537.20.
  • On Friday, April 5th, & Robyn Jones Descendants Mark sold 139,330 shares of Goosehead Insurance stock. The shares were sold at an average price of $29.01, for a total transaction of $4,041,963.30.
  • On Monday, April 8th, & Robyn Jones Descendants Mark sold 189 shares of Goosehead Insurance stock. The shares were sold at an average price of $29.00, for a total transaction of $5,481.00.
  • On Wednesday, March 27th, & Robyn Jones Descendants Mark sold 11,962 shares of Goosehead Insurance stock. The shares were sold at an average price of $29.03, for a total transaction of $347,256.86.
  • On Wednesday, March 20th, & Robyn Jones Descendants Mark sold 21,058 shares of Goosehead Insurance stock. The shares were sold at an average price of $29.25, for a total transaction of $615,946.50.
  • On Wednesday, March 6th, & Robyn Jones Descendants Mark sold 16,106 shares of Goosehead Insurance stock. The shares were 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 shares were 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 shares were sold at an average price of $30.57, for a total transaction of $834,438.72.

GSHD traded down $0.45 during trading on Thursday, hitting $36.19. The stock had a trading volume of 150,622 shares, compared to its average volume of 154,284. The company has a market cap of $535.47 million and a price-to-earnings ratio of 180.95. Goosehead Insurance Inc has a twelve month low of $16.00 and a twelve month high of $41.72.

Goosehead Insurance (NASDAQ:GSHD) last announced its earnings results on Thursday, May 2nd. The company reported $0.16 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.16. The company had revenue of $23.13 million during the quarter, compared to the consensus estimate of $21.30 million. Goosehead Insurance had a negative net margin of 9.36% and a negative return on equity of 17.75%. Goosehead Insurance’s revenue for the quarter was up 58.6% on a year-over-year basis. As a group, research analysts anticipate that Goosehead Insurance Inc will post 0.45 earnings per share for the current fiscal year.

A number of brokerages have recently issued reports on GSHD. Zacks Investment Research raised shares of Goosehead Insurance from a “sell” rating to a “hold” rating and set a $37.00 price objective for the company in a research report on Tuesday, May 7th. ValuEngine raised shares of Goosehead Insurance from a “hold” rating to a “buy” rating in a research report on Wednesday, April 10th. Bank of America restated a “buy” rating and issued a $37.00 target price (up from $35.00) on shares of Goosehead Insurance in a research note on Friday, May 3rd. Finally, Keefe, Bruyette & Woods set a $32.00 target price on shares of Goosehead Insurance and gave the company a “hold” rating in a research note on Tuesday, March 19th.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. BNP Paribas Arbitrage SA raised its holdings in shares of Goosehead Insurance by 487.0% in the first quarter. BNP Paribas Arbitrage SA now owns 2,031 shares of the company’s stock worth $57,000 after buying an additional 1,685 shares during the last quarter. Advisor Group Inc. purchased a new position in shares of Goosehead Insurance in the first quarter worth $61,000. Nisa Investment Advisors LLC purchased a new position in shares of Goosehead Insurance in the first quarter worth $84,000. Metropolitan Life Insurance Co. NY raised its holdings in shares of Goosehead Insurance by 356.6% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 3,219 shares of the company’s stock worth $85,000 after buying an additional 2,514 shares during the last quarter. Finally, SG Americas Securities LLC purchased a new position in shares of Goosehead Insurance in the first quarter worth $102,000. Institutional investors own 79.37% of the company’s stock.

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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.

Further Reading: How can you know how many shares are floating?

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

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