Mark Evan Jones Sells 20,651 Shares of Goosehead Insurance Inc (NASDAQ:GSHD) Stock

Goosehead Insurance Inc (NASDAQ:GSHD) CEO Mark Evan Jones sold 20,651 shares of Goosehead Insurance stock in a transaction on Tuesday, January 14th. The shares were sold at an average price of $44.43, for a total transaction of $917,523.93. Following the sale, the chief executive officer now directly owns 725,801 shares of the company’s stock, valued at approximately $32,247,338.43. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Mark Evan Jones also recently made the following trade(s):

  • On Friday, January 10th, Mark Evan Jones sold 18,362 shares of Goosehead Insurance stock. The shares were sold at an average price of $44.28, for a total transaction of $813,069.36.
  • On Wednesday, January 8th, Mark Evan Jones sold 26,996 shares of Goosehead Insurance stock. The shares were sold at an average price of $44.00, for a total transaction of $1,187,824.00.
  • On Monday, December 16th, Mark Evan Jones sold 27,170 shares of Goosehead Insurance stock. The shares were sold at an average price of $40.83, for a total transaction of $1,109,351.10.
  • On Thursday, December 12th, Mark Evan Jones sold 400 shares of Goosehead Insurance stock. The shares were sold at an average price of $40.00, for a total transaction of $16,000.00.
  • On Monday, December 9th, Mark Evan Jones sold 8,816 shares of Goosehead Insurance stock. The shares were sold at an average price of $40.13, for a total transaction of $353,786.08.
  • On Thursday, December 5th, Mark Evan Jones sold 15,741 shares of Goosehead Insurance stock. The shares were sold at an average price of $40.16, for a total transaction of $632,158.56.
  • On Tuesday, December 3rd, Mark Evan Jones sold 5,500 shares of Goosehead Insurance stock. The shares were sold at an average price of $40.27, for a total transaction of $221,485.00.
  • On Wednesday, November 13th, Mark Evan Jones sold 10,000 shares of Goosehead Insurance stock. The shares were sold at an average price of $44.00, for a total transaction of $440,000.00.

Shares of GSHD stock traded up $0.41 on Tuesday, hitting $44.56. The company’s stock had a trading volume of 143,410 shares, compared to its average volume of 156,500. Goosehead Insurance Inc has a fifty-two week low of $24.05 and a fifty-two week high of $51.98. The firm’s fifty day moving average price is $42.09 and its 200-day moving average price is $45.08. The stock has a market capitalization of $669.24 million, a price-to-earnings ratio of 222.80, a P/E/G ratio of 1.51 and a beta of 0.10.

Goosehead Insurance (NASDAQ:GSHD) last released its quarterly earnings data on Friday, November 1st. The company reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.01. The business had revenue of $21.17 million during the quarter, compared to analyst estimates of $21.57 million. Goosehead Insurance had a net margin of 5.69% and a negative return on equity of 15.46%. The business’s revenue was up 31.9% on a year-over-year basis. As a group, equities analysts predict that Goosehead Insurance Inc will post 0.33 EPS for the current fiscal year.

Several research firms recently issued reports on GSHD. JPMorgan Chase & Co. set a $60.00 price objective on shares of Goosehead Insurance and gave the company a “buy” rating in a research note on Wednesday, September 18th. Keefe, Bruyette & Woods lifted their price objective on shares of Goosehead Insurance from $38.00 to $40.00 and gave the company a “market perform” rating in a research note on Tuesday, November 5th. ValuEngine lowered shares of Goosehead Insurance from a “hold” rating to a “sell” rating in a research note on Wednesday, December 4th. Zacks Investment Research lowered shares of Goosehead Insurance from a “hold” rating to a “sell” rating in a research note on Tuesday, January 7th. Finally, Royal Bank of Canada began coverage on shares of Goosehead Insurance in a research note on Tuesday, December 17th. They issued an “outperform” rating and a $50.00 price objective for the company. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $51.60.

A number of institutional investors and hedge funds have recently made changes to their positions in GSHD. Ashford Capital Management Inc. bought a new position in Goosehead Insurance in the 2nd quarter worth $14,474,000. GW&K Investment Management LLC raised its holdings in Goosehead Insurance by 387.0% in the 3rd quarter. GW&K Investment Management LLC now owns 276,469 shares of the company’s stock worth $13,644,000 after acquiring an additional 219,702 shares during the period. Kayne Anderson Rudnick Investment Management LLC bought a new position in Goosehead Insurance in the 2nd quarter worth $7,985,000. Picton Mahoney Asset Management bought a new position in Goosehead Insurance in the 3rd quarter worth $7,911,000. Finally, BlackRock Inc. raised its holdings in Goosehead Insurance by 16.7% in the 2nd quarter. BlackRock Inc. now owns 697,667 shares of the company’s stock worth $33,348,000 after acquiring an additional 99,656 shares during the period. Hedge funds and other institutional investors own 89.13% of the company’s stock.

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.

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

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