Robyn Mary Elizabeth Jones Sells 43,490 Shares of Goosehead Insurance Inc (NASDAQ:GSHD) Stock

Goosehead Insurance Inc (NASDAQ:GSHD) major shareholder Robyn Mary Elizabeth Jones sold 43,490 shares of the stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $40.30, for a total transaction of $1,752,647.00. Following the sale, the insider now owns 747,890 shares of the company’s stock, valued at approximately $30,139,967. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Robyn Mary Elizabeth Jones also recently made the following trade(s):

  • On Monday, December 2nd, Robyn Mary Elizabeth Jones sold 14,422 shares of Goosehead Insurance stock. The shares were sold at an average price of $40.13, for a total transaction of $578,754.86.

Shares of GSHD stock traded up $0.51 during trading hours on Wednesday, hitting $40.13. 272,425 shares of the company’s stock were exchanged, compared to its average volume of 182,891. The stock’s 50-day moving average is $45.28 and its 200-day moving average is $44.46. The stock has a market cap of $616.16 million, a price-to-earnings ratio of 200.65, a price-to-earnings-growth ratio of 2.42 and a beta of 0.13. Goosehead Insurance Inc has a 52 week low of $23.18 and a 52 week high of $51.98.

Goosehead Insurance (NASDAQ:GSHD) last announced its earnings results on Friday, November 1st. The company reported $0.08 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.07 by $0.01. Goosehead Insurance had a negative return on equity of 15.46% and a net margin of 5.69%. The company had revenue of $21.17 million during the quarter, compared to analyst estimates of $21.57 million. The firm’s revenue for the quarter was up 31.9% on a year-over-year basis. As a group, research analysts expect that Goosehead Insurance Inc will post 0.34 earnings per share for the current year.

GSHD has been the topic of several research analyst reports. JPMorgan Chase & Co. set a $60.00 price objective on shares of Goosehead Insurance and gave the stock a “buy” rating in a research note on Wednesday, September 18th. Zacks Investment Research cut shares of Goosehead Insurance from a “buy” rating to a “hold” rating in a research note on Wednesday, November 6th. ValuEngine raised Goosehead Insurance from a “sell” rating to a “hold” rating in a report on Friday, November 1st. Finally, Keefe, Bruyette & Woods increased their price target on Goosehead Insurance from $38.00 to $40.00 and gave the stock a “market perform” rating in a research report on Tuesday, November 5th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $52.00.

Large investors have recently modified their holdings of the business. CIBC Private Wealth Group LLC raised its stake in shares of Goosehead Insurance by 5.1% in the third quarter. CIBC Private Wealth Group LLC now owns 4,755 shares of the company’s stock worth $235,000 after acquiring an additional 230 shares during the last quarter. Sheets Smith Wealth Management increased its holdings in shares of Goosehead Insurance by 2.6% in the third quarter. Sheets Smith Wealth Management now owns 12,308 shares of the company’s stock valued at $607,000 after purchasing an additional 312 shares in the last quarter. Metropolitan Life Insurance Co NY raised its position in Goosehead Insurance by 10.3% in the 3rd quarter. Metropolitan Life Insurance Co NY now owns 3,549 shares of the company’s stock worth $175,000 after purchasing an additional 330 shares during the last quarter. California State Teachers Retirement System raised its position in Goosehead Insurance by 3.4% in the 3rd quarter. California State Teachers Retirement System now owns 17,812 shares of the company’s stock worth $879,000 after purchasing an additional 593 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in Goosehead Insurance by 29.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 3,072 shares of the company’s stock worth $145,000 after buying an additional 691 shares in the last quarter. 89.13% of the stock is currently owned by hedge funds and other institutional investors.

About Goosehead Insurance

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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