& Robyn Jones Descendants Mark Sells 125,000 Shares of Goosehead Insurance (NASDAQ:GSHD) Stock

Goosehead Insurance (NASDAQ:GSHD) major shareholder & Robyn Jones Descendants Mark sold 125,000 shares of the stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $69.71, for a total value of $8,713,750.00. Following the completion of the transaction, the insider owned 6,870,180 shares in the company, valued at $478,920,247.80. This represents a 1.79% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Major shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

& Robyn Jones Descendants Mark also recently made the following trade(s):

• On Thursday, July 30th, & Robyn Jones Descendants Mark sold 2,519 shares of Goosehead Insurance stock. The stock was sold at an average price of $66.27, for a total value of $166,934.13.
• On Wednesday, May 27th, & Robyn Jones Descendants Mark sold 9,588 shares of Goosehead Insurance stock. The stock was sold at an average price of $40.76, for a total transaction of $390,806.88.
• On Tuesday, May 26th, & Robyn Jones Descendants Mark sold 45,588 shares of Goosehead Insurance stock. The stock was sold at an average price of $40.07, for a total transaction of $1,826,711.16.
• On Friday, May 22nd, & Robyn Jones Descendants Mark sold 82,689 shares of Goosehead Insurance stock. The shares were sold at an average price of $41.77, for a total transaction of $3,453,919.53.
• On Thursday, May 21st, & Robyn Jones Descendants Mark sold 70,751 shares of Goosehead Insurance stock. The shares were sold at an average price of $41.36, for a total value of $2,926,261.36.
• On Friday, May 1st, & Robyn Jones Descendants Mark sold 5,090 shares of Goosehead Insurance stock. The shares were sold at an average price of $45.32, for a total value of $230,678.80.

Goosehead Insurance Stock Down 2.9%

GSHD opened at $62.00 on Friday. The stock’s 50 day moving average price is $46.88 and its two-hundred day moving average price is $48.81. The firm has a market capitalization of $2.20 billion, a P/E ratio of 45.26, a price-to-earnings-growth ratio of 2.29 and a beta of 1.41. Goosehead Insurance has a 12-month low of $33.68 and a 12-month high of $93.90.

Goosehead Insurance (NASDAQ:GSHD) last issued its quarterly earnings results on Wednesday, July 22nd. The company reported $0.64 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.17. The company had revenue of $95.63 million during the quarter, compared to analyst estimates of $103.30 million. Goosehead Insurance had a negative return on equity of 21.00% and a net margin of 8.78%.The company’s quarterly revenue was up 20.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.49 earnings per share. As a group, analysts anticipate that Goosehead Insurance will post 1.45 earnings per share for the current year.

Institutional Trading of Goosehead Insurance

Institutional investors have recently bought and sold shares of the stock. Meixler Investment Management Ltd. grew its holdings in shares of Goosehead Insurance by 5.3% in the 4th quarter. Meixler Investment Management Ltd. now owns 4,355 shares of the company’s stock worth $321,000 after purchasing an additional 220 shares during the last quarter. Gibbs Wealth Management raised its stake in shares of Goosehead Insurance by 3.8% in the fourth quarter. Gibbs Wealth Management now owns 6,133 shares of the company’s stock valued at $459,000 after acquiring an additional 227 shares during the last quarter. The Manufacturers Life Insurance Company raised its position in Goosehead Insurance by 2.2% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 12,022 shares of the company’s stock valued at $1,268,000 after purchasing an additional 259 shares during the last quarter. EverSource Wealth Advisors LLC raised its stake in shares of Goosehead Insurance by 480.4% in the second quarter. EverSource Wealth Advisors LLC now owns 325 shares of the company’s stock worth $34,000 after acquiring an additional 269 shares during the last quarter. Finally, Blair William & Co. IL lifted its stake in shares of Goosehead Insurance by 5.0% during the fourth quarter. Blair William & Co. IL now owns 6,831 shares of the company’s stock valued at $503,000 after acquiring an additional 323 shares during the period.

Analysts Set New Price Targets

A number of research analysts have recently commented on GSHD shares. Piper Sandler upped their price objective on shares of Goosehead Insurance from $52.00 to $72.00 and gave the company an “overweight” rating in a research report on Wednesday, July 15th. Bank of America cut their price target on Goosehead Insurance from $43.00 to $37.00 and set an “underperform” rating for the company in a report on Tuesday, April 14th. Citizens Jmp decreased their price objective on Goosehead Insurance from $125.00 to $100.00 and set a “market outperform” rating on the stock in a report on Monday, April 13th. Royal Bank Of Canada upped their target price on Goosehead Insurance from $55.00 to $58.00 and gave the company a “sector perform” rating in a research note on Thursday, July 23rd. Finally, Cantor Fitzgerald reiterated an “overweight” rating and set a $76.00 price target on shares of Goosehead Insurance in a research note on Thursday, July 23rd. Seven investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $68.45.

Key Stories Impacting Goosehead Insurance

Here are the key news stories impacting Goosehead Insurance this week:

• Positive Sentiment: Durable Capital Partners recently purchased approximately 153,700 shares of Goosehead Insurance for about $9.1 million, increasing its position. The buying activity may signal confidence from a major institutional investor.
• Neutral Sentiment: J.P. Morgan reaffirmed its Hold rating on Goosehead Insurance, indicating limited conviction at current valuation levels. The broader analyst consensus also remains “Hold,” with a target price near the stock’s recent trading range. J.P. Morgan Remains a Hold on Goosehead Insurance
• Negative Sentiment: Major shareholders reported selling a combined 137,519 shares worth approximately $9.5 million. The largest transaction was a 125,000-share sale by the Robyn Jones Descendants Mark at an average price of $69.71, followed by additional sales from the same holder, Adrienne Kebodeaux and The Bear Irrevocable Trust. Although the Jones descendants still own roughly 6.87 million shares, the sales could reinforce concerns about insider confidence and increase near-term supply. Goosehead Insurance Insider Sales Filing
• Negative Sentiment: Goosehead’s latest quarterly results were mixed: earnings of $0.64 per share exceeded the $0.47 consensus estimate, but revenue of $95.63 million missed expectations of $103.30 million. Revenue nevertheless increased 20.6% year over year. With the stock trading at an elevated earnings multiple, investors may be particularly sensitive to signs of slower growth or further revenue disappointments.

Goosehead Insurance Company Profile

Goosehead Insurance (NASDAQ: GSHD) is a technology-driven insurance agency that connects consumers with a broad range of personal and commercial insurance products through an extensive network of independent insurance advisors. The company specializes in homeowners, auto, flood, dwelling fire, umbrella, life, and commercial lines coverage, working with multiple national and regional carriers to offer tailored policies. By combining advanced quoting tools with local market expertise, Goosehead streamlines the insurance shopping process and helps clients find competitive coverage options.

Founded in 2003 and headquartered in Westlake, Texas, Goosehead has grown its footprint across more than 40 states in the U.S.