& Robyn Jones Descendants Mark Sells 70,702 Shares of Goosehead Insurance Inc (NASDAQ:GSHD) Stock

Goosehead Insurance Inc (NASDAQ:GSHD) insider & Robyn Jones Descendants Mark sold 70,702 shares of Goosehead Insurance stock in a transaction that occurred on Wednesday, June 5th. The shares were sold at an average price of $35.99, for a total transaction of $2,544,564.98. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

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

  • On Monday, June 3rd, & Robyn Jones Descendants Mark sold 38,002 shares of Goosehead Insurance stock. The shares were sold at an average price of $35.33, for a total transaction 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.
  • On Friday, April 5th, & Robyn Jones Descendants Mark sold 139,330 shares of Goosehead Insurance stock. The stock was sold at an average price of $29.01, for a total value of $4,041,963.30.
  • On Monday, April 8th, & Robyn Jones Descendants Mark sold 189 shares of Goosehead Insurance stock. The stock was sold at an average price of $29.00, for a total value of $5,481.00.
  • On Wednesday, March 27th, & Robyn Jones Descendants Mark sold 11,962 shares of Goosehead Insurance stock. The stock was sold at an average price of $29.03, for a total value of $347,256.86.
  • On Wednesday, March 20th, & Robyn Jones Descendants Mark sold 21,058 shares of Goosehead Insurance stock. The stock was sold at an average price of $29.25, for a total value of $615,946.50.

Shares of GSHD opened at $47.80 on Friday. The company has a fifty day simple moving average of $38.89. The firm has a market cap of $697.32 million, a P/E ratio of 138.62, a PEG ratio of 2.77 and a beta of -0.08. Goosehead Insurance Inc has a fifty-two week low of $20.49 and a fifty-two week high of $48.60.

Goosehead Insurance (NASDAQ:GSHD) last issued its quarterly 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 return on equity of 17.75% and a negative net margin of 9.36%. Goosehead Insurance’s revenue for the quarter was up 58.6% compared to the same quarter last year. As a group, analysts expect that Goosehead Insurance Inc will post 0.34 EPS for the current year.

A number of institutional investors and hedge funds have recently modified their holdings of GSHD. Wasatch Advisors Inc. raised its holdings in Goosehead Insurance by 20.7% in the 1st quarter. Wasatch Advisors Inc. now owns 1,564,556 shares of the company’s stock valued at $43,620,000 after acquiring an additional 268,202 shares during the last quarter. Hodges Capital Management Inc. raised its holdings in Goosehead Insurance by 1,062.8% in the 4th quarter. Hodges Capital Management Inc. now owns 286,170 shares of the company’s stock valued at $7,523,000 after acquiring an additional 261,560 shares during the last quarter. Ranger Investment Management L.P. acquired a new position in Goosehead Insurance in the 4th quarter valued at $6,089,000. Spark Investment Management LLC raised its holdings in Goosehead Insurance by 255.8% in the 1st quarter. Spark Investment Management LLC now owns 132,600 shares of the company’s stock valued at $3,696,000 after acquiring an additional 95,327 shares during the last quarter. Finally, American Century Companies Inc. grew its stake in shares of Goosehead Insurance by 31.3% during the 4th quarter. American Century Companies Inc. now owns 218,058 shares of the company’s stock valued at $5,733,000 after buying an additional 52,039 shares during the period. Institutional investors own 79.37% of the company’s stock.

Several research analysts recently issued reports on the company. Zacks Investment Research downgraded Goosehead Insurance from a “buy” rating to a “hold” rating in a research report on Tuesday, June 18th. Bank of America restated a “buy” rating and set a $37.00 price objective (up from $35.00) on shares of Goosehead Insurance in a research report on Friday, May 3rd. ValuEngine upgraded Goosehead Insurance from a “hold” rating to a “buy” rating in a research report on Wednesday, April 10th. Finally, Keefe, Bruyette & Woods set a $32.00 price target on Goosehead Insurance and gave the company a “hold” rating in a report on Tuesday, March 19th.

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: Technical Indicators – What is a Golden Cross?

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

Receive News & Ratings for Goosehead Insurance Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Goosehead Insurance and related companies with MarketBeat.com's FREE daily email newsletter.