Insider Selling: Goosehead Insurance Inc (NASDAQ:GSHD) Major Shareholder Sells 27,301 Shares of Stock

Goosehead Insurance Inc (NASDAQ:GSHD) major shareholder Robyn Mary Elizabeth Jones sold 27,301 shares of Goosehead Insurance stock in a transaction that occurred on Thursday, February 13th. The stock was sold at an average price of $55.81, for a total transaction of $1,523,668.81. Following the completion of the sale, the insider now directly owns 742,390 shares of the company’s stock, valued at $41,432,785.90. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Large shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

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

  • On Monday, February 10th, Robyn Mary Elizabeth Jones sold 24,276 shares of Goosehead Insurance stock. The stock was sold at an average price of $54.53, for a total transaction of $1,323,770.28.
  • On Wednesday, January 15th, Robyn Mary Elizabeth Jones sold 21,026 shares of Goosehead Insurance stock. The stock was sold at an average price of $45.10, for a total transaction of $948,272.60.
  • On Monday, January 13th, Robyn Mary Elizabeth Jones sold 31,510 shares of Goosehead Insurance stock. The stock was sold at an average price of $44.52, for a total transaction of $1,402,825.20.
  • On Thursday, January 9th, Robyn Mary Elizabeth Jones sold 12,978 shares of Goosehead Insurance stock. The stock was sold at an average price of $44.46, for a total transaction of $577,001.88.
  • On Tuesday, January 7th, Robyn Mary Elizabeth Jones sold 13,900 shares of Goosehead Insurance stock. The stock was sold at an average price of $44.61, for a total transaction of $620,079.00.
  • On Wednesday, December 18th, Robyn Mary Elizabeth Jones sold 45,830 shares of Goosehead Insurance stock. The stock was sold at an average price of $41.98, for a total transaction of $1,923,943.40.
  • On Friday, December 13th, Robyn Mary Elizabeth Jones sold 3,905 shares of Goosehead Insurance stock. The stock was sold at an average price of $40.02, for a total transaction of $156,278.10.
  • On Friday, December 6th, Robyn Mary Elizabeth Jones sold 24,754 shares of Goosehead Insurance stock. The stock was sold at an average price of $40.54, for a total transaction of $1,003,527.16.
  • On Tuesday, December 10th, Robyn Mary Elizabeth Jones sold 1,500 shares of Goosehead Insurance stock. The stock was sold at an average price of $40.01, for a total transaction of $60,015.00.
  • On Monday, December 2nd, Robyn Mary Elizabeth Jones sold 14,422 shares of Goosehead Insurance stock. The stock was sold at an average price of $40.13, for a total transaction of $578,754.86.

Shares of NASDAQ GSHD traded down $0.41 during trading on Friday, hitting $55.35. 92,838 shares of the company traded hands, compared to its average volume of 146,723. Goosehead Insurance Inc has a 1 year low of $24.05 and a 1 year high of $56.91. The company has a 50-day moving average price of $47.22 and a 200-day moving average price of $45.51. The firm has a market capitalization of $841.65 million, a P/E ratio of 190.87, a P/E/G ratio of 1.83 and a beta of 0.04.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Squar Milner Financial Services LLC purchased a new stake in shares of Goosehead Insurance during the 4th quarter valued at $33,000. Great West Life Assurance Co. Can purchased a new stake in shares of Goosehead Insurance during the 4th quarter valued at $36,000. Bank of Montreal Can grew its stake in shares of Goosehead Insurance by 44.1% during the 4th quarter. Bank of Montreal Can now owns 1,444 shares of the company’s stock valued at $61,000 after buying an additional 442 shares during the period. Oppenheimer Asset Management Inc. purchased a new stake in shares of Goosehead Insurance during the 4th quarter valued at $76,000. Finally, PNC Financial Services Group Inc. purchased a new stake in shares of Goosehead Insurance during the 4th quarter valued at $87,000. 88.88% of the stock is owned by institutional investors.

Several analysts have commented on GSHD shares. Royal Bank of Canada started coverage on shares of Goosehead Insurance in a research note on Tuesday, December 17th. They issued an “outperform” rating and a $50.00 target price for the company. Zacks Investment Research raised shares of Goosehead Insurance from a “sell” rating to a “hold” rating in a research note on Thursday, January 23rd. Keefe, Bruyette & Woods lifted their target price on shares of Goosehead Insurance from $38.00 to $40.00 and gave the stock a “market perform” rating in a research note on Tuesday, November 5th. Finally, ValuEngine cut shares of Goosehead Insurance from a “hold” rating to a “sell” rating in a research note on Wednesday, December 4th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company’s stock. Goosehead Insurance presently has an average rating of “Hold” and a consensus target price of $51.60.

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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