Insider Selling: Goosehead Insurance, Inc (NASDAQ:GSHD) Major Shareholder Sells 8,952 Shares of Stock

Goosehead Insurance, Inc (NASDAQ:GSHDGet Free Report) major shareholder Desiree Coleman sold 8,952 shares of the business’s stock in a transaction that occurred on Monday, February 5th. The shares were sold at an average price of $80.05, for a total transaction of $716,607.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

Desiree Coleman also recently made the following trade(s):

  • On Wednesday, January 31st, Desiree Coleman sold 2,324 shares of Goosehead Insurance stock. The stock was sold at an average price of $80.17, for a total transaction of $186,315.08.

Goosehead Insurance Stock Down 0.4 %

NASDAQ GSHD opened at $78.77 on Thursday. The stock has a market capitalization of $2.98 billion, a PE ratio of 175.04, a PEG ratio of 2.24 and a beta of 1.32. The company has a debt-to-equity ratio of 12.15, a current ratio of 1.74 and a quick ratio of 1.74. The business’s 50-day moving average is $75.07 and its 200 day moving average is $71.44. Goosehead Insurance, Inc has a 1 year low of $36.35 and a 1 year high of $80.51.

Analysts Set New Price Targets

A number of brokerages recently issued reports on GSHD. Truist Financial increased their price objective on Goosehead Insurance from $65.00 to $75.00 and gave the stock a “hold” rating in a report on Wednesday, January 31st. Piper Sandler boosted their price target on shares of Goosehead Insurance from $76.00 to $89.00 and gave the stock an “overweight” rating in a research report on Thursday, October 26th. TD Cowen initiated coverage on Goosehead Insurance in a research report on Wednesday, January 10th. They issued an “outperform” rating and a $105.00 target price for the company. Finally, UBS Group began coverage on Goosehead Insurance in a research note on Tuesday, October 17th. They issued a “buy” rating and a $84.00 price objective on the stock. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $81.88.

Read Our Latest Analysis on GSHD

Institutional Trading of Goosehead Insurance

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Capital World Investors boosted its holdings in shares of Goosehead Insurance by 335.5% in the 1st quarter. Capital World Investors now owns 568,000 shares of the company’s stock valued at $44,628,000 after acquiring an additional 437,576 shares during the last quarter. Wasatch Advisors Inc. lifted its holdings in shares of Goosehead Insurance by 30.7% in the 1st quarter. Wasatch Advisors Inc. now owns 1,496,815 shares of the company’s stock worth $117,605,000 after acquiring an additional 351,769 shares during the last quarter. Vanguard Group Inc. boosted its position in Goosehead Insurance by 17.8% in the 3rd quarter. Vanguard Group Inc. now owns 2,332,578 shares of the company’s stock valued at $173,847,000 after buying an additional 351,630 shares during the period. Loomis Sayles & Co. L P acquired a new position in Goosehead Insurance during the 3rd quarter worth approximately $23,614,000. Finally, Ashford Capital Management Inc. raised its stake in Goosehead Insurance by 172.5% in the fourth quarter. Ashford Capital Management Inc. now owns 474,215 shares of the company’s stock valued at $16,285,000 after buying an additional 300,185 shares in the last quarter.

Goosehead Insurance Company Profile

(Get Free Report)

Goosehead Insurance, Inc operates as a holding company for Goosehead Financial, LLC that provides personal lines insurance agency services in the United States. It offers homeowner's, automotive, dwelling property, flood, wind, earthquake, excess liability or umbrella, motorcycle, recreational vehicle, general liability, property, and life insurance products and services.

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

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