Robyn Mary Elizabeth Jones Sells 21,026 Shares of Goosehead Insurance Inc (NASDAQ:GSHD) Stock

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Goosehead Insurance Inc (NASDAQ:GSHD) major shareholder Robyn Mary Elizabeth Jones sold 21,026 shares of the business’s stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $45.10, for a total transaction of $948,272.60. Following the completion of the sale, the insider now owns 747,890 shares of the company’s stock, valued at approximately $33,729,839. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

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

  • On Monday, January 13th, Robyn Mary Elizabeth Jones sold 31,510 shares of Goosehead Insurance stock. The shares were 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 shares were 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 shares were 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 shares were 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.
  • On Wednesday, December 4th, Robyn Mary Elizabeth Jones sold 43,490 shares of Goosehead Insurance stock. The stock was sold at an average price of $40.30, for a total transaction of $1,752,647.00.

NASDAQ GSHD opened at $45.89 on Friday. The firm has a market cap of $694.91 million, a PE ratio of 229.45, a price-to-earnings-growth ratio of 1.51 and a beta of 0.10. The company has a 50 day moving average price of $42.25 and a 200 day moving average price of $45.06. Goosehead Insurance Inc has a 52 week low of $24.05 and a 52 week high of $51.98.

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

A number of institutional investors have recently modified their holdings of the business. BlackRock Inc. increased its stake in Goosehead Insurance by 16.7% during the 2nd quarter. BlackRock Inc. now owns 697,667 shares of the company’s stock valued at $33,348,000 after purchasing an additional 99,656 shares in the last quarter. Vanguard Group Inc. increased its stake in Goosehead Insurance by 12.8% during the 2nd quarter. Vanguard Group Inc. now owns 533,427 shares of the company’s stock valued at $25,498,000 after purchasing an additional 60,653 shares in the last quarter. Peregrine Capital Management LLC increased its stake in Goosehead Insurance by 2.4% during the 3rd quarter. Peregrine Capital Management LLC now owns 384,711 shares of the company’s stock valued at $18,985,000 after purchasing an additional 9,132 shares in the last quarter. Ashford Capital Management Inc. increased its stake in Goosehead Insurance by 1.9% during the 3rd quarter. Ashford Capital Management Inc. now owns 308,500 shares of the company’s stock valued at $15,224,000 after purchasing an additional 5,700 shares in the last quarter. Finally, GW&K Investment Management LLC increased its stake in Goosehead Insurance by 387.0% during the 3rd quarter. GW&K Investment Management LLC now owns 276,469 shares of the company’s stock valued at $13,644,000 after purchasing an additional 219,702 shares in the last quarter. Institutional investors and hedge funds own 89.13% of the company’s stock.

Several research analysts recently commented on GSHD shares. Keefe, Bruyette & Woods boosted their price objective 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. Royal Bank of Canada started coverage on shares of Goosehead Insurance in a research note on Tuesday, December 17th. They set an “outperform” rating and a $50.00 price objective for the company. 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, ValuEngine lowered shares of Goosehead Insurance from a “hold” rating to a “sell” rating in a research note on Wednesday, December 4th. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company. Goosehead Insurance currently has a consensus rating of “Hold” and a consensus price target of $51.60.

About Goosehead Insurance

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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