Goosehead Insurance Inc (NASDAQ:GSHD) insider Michael C. Colby sold 20,000 shares of the stock in a transaction on Tuesday, January 22nd. The stock was sold at an average price of $26.95, for a total transaction of $539,000.00. The sale was disclosed in a filing with the SEC, which is available through the SEC website.
Shares of GSHD stock traded up $0.17 during trading hours on Wednesday, hitting $26.64. 69,200 shares of the company were exchanged, compared to its average volume of 158,207. Goosehead Insurance Inc has a 52 week low of $10.78 and a 52 week high of $38.18.
Goosehead Insurance (NASDAQ:GSHD) last issued its quarterly earnings data on Monday, November 5th. The company reported $0.05 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.05. The company had revenue of $16.05 million for the quarter, compared to the consensus estimate of $15.60 million. On average, research analysts anticipate that Goosehead Insurance Inc will post 0.25 EPS for the current fiscal year.
Hedge funds have recently modified their holdings of the company. Meeder Asset Management Inc. increased its position in shares of Goosehead Insurance by 2,831.7% during the third quarter. Meeder Asset Management Inc. now owns 4,720 shares of the company’s stock worth $160,000 after acquiring an additional 4,559 shares in the last quarter. Wells Fargo & Company MN increased its position in shares of Goosehead Insurance by 394.5% during the third quarter. Wells Fargo & Company MN now owns 5,904 shares of the company’s stock worth $199,000 after acquiring an additional 4,710 shares in the last quarter. Jane Street Group LLC bought a new stake in shares of Goosehead Insurance during the third quarter worth $209,000. MetLife Investment Advisors LLC bought a new stake in shares of Goosehead Insurance during the third quarter worth $255,000. Finally, Rhumbline Advisers bought a new position in Goosehead Insurance in the second quarter valued at $217,000. 72.33% of the stock is owned by institutional investors.
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.
Recommended Story: Quick Ratio
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.