Opinions of the company Goosehead Insurance, Inc.NASDAQ: GSHD – Get Votes) principal owner Mark E. Jr. Jones sold 811 shares of the company’s stock in a transaction dated Wednesday, July 20th. The stock was sold at a price of $55.03, for a total transaction of $44,629.33. The transaction was disclosed in a filing with the SEC, which can be accessed via SEC website. Major shareholders who own 10% of the company’s stock must disclose their trades and purchases with the SEC.
Selling Goosehead Insurance Under 2.9%
Sections a NASDAQ GSHD stock image opened at $54.05 on Friday. Goosehead Insurance, Inc has a one year low of $39.00 and a one year high of $181.30. The company has a market cap of $2.01 billion, a PE ratio of 337.83, a P/E/G ratio of 14.95 and a beta of 0.93. The company has a 50 day moving average of $49.33 and a 200 day moving average of $68.33.
Goosehead Insurance (NASDAQ: GSHD – Get Votes) last issued its quarterly earnings results on Tuesday, April 26. The company reported ($0.11) EPS for the quarter, missing the consensus estimate of ($0.03) and ($0.08). Goosehead Insurance had a negative return of 5.90% and a margin of 2.20%. The business had revenue of $41.28 million for the quarter, compared to analyst estimates of $41.69 million. In the same quarter last year, the company earned ($0.02) EPS. As a group, equities research analysts forecast that Goosehead Insurance, Inc will post 0.24 earnings per share for the year.
Changes in Analyst Ratings
Several brokerages recently issued reports on GSHD. Royal Bank of Canada cut their target price on shares of Goosehead Insurance from $140.00 to $120.00 in a report on Wednesday, April 27th. JMP Securities cut their price objective on shares of Goosehead Insurance from $130.00 to $120.00 and set a “buy” rating for the company in a report on Friday, June 24th. Piper Sandler cut their target price on shares of Goosehead Insurance from $75.00 to $57.00 and set an “overweight” rating for the company in a report on Tuesday, July 12th. Finally, Truist Financial cut their price target on shares of Goosehead Insurance from $75.00 to $60.00 in a report on Wednesday, April 27th. One analyst has rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a target price of $115.33.
Industry Marketers Weigh On Goosehead Insurance
Institutional investors have recently changed the way they work. Goldman Sachs Group Inc. grew its position in shares of Goosehead Insurance by 33.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 265,173 shares of the company’s stock valued at $34,493,000 after buying an additional 67,147 shares during the period. Sageworth Trust Co of South Dakota acquired a new stake in shares of Goosehead Insurance in the 4th quarter worth about $45,000. American Century Companies Inc. grew its position in shares of Goosehead Insurance by 16.0% in the fourth quarter. American Century Companies Inc. now owns 262,643 shares of the company’s stock valued at $34,164,000 after buying an additional 36,228 shares during the period. Peregrine Capital Management LLC boosted its position in shares of Goosehead Insurance by 3.8% in the first quarter. Peregrine Capital Management LLC now owns 176,432 shares of the company’s stock valued at $13,862,000 after buying an additional 6,493 shares during the period. Finally, Oppenheimer Asset Management Inc. grew its position in shares of Goosehead Insurance by 53.9% during the 4th quarter. Oppenheimer Asset Management Inc. now owns 23,350 shares of the company’s stock valued at $3,037,000 after buying an additional 8,174 shares during the period.
About Goosehead Insurance
Goosehead Insurance, Inc operates as a subsidiary of Goosehead Financial, LLC which provides insurance services in the United States. The company operates in two channels, Corporate Channel and Franchise Channel. They offer homeowner’s insurance, insurance, auto, home insurance, flood, wind, earthquake, excess or umbrella, motorcycle, recreational vehicle, general liability, goods, property and services life insurance.
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