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

Goosehead Insurance (NASDAQ:GSHD) major shareholder & Robyn Jones Descendants Mark sold 125,000 shares of the stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $69.71, for a total transaction of $8,713,750.00. Following the sale, the insider directly owned 6,870,180 shares of the company’s stock, valued at $478,920,247.80. This represents a 1.79% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions 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 shares were sold at an average price of $66.27, for a total transaction 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 value 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 value 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 stock was sold at an average price of $45.32, for a total value of $230,678.80.

Goosehead Insurance Stock Performance

NASDAQ:GSHD opened at $63.86 on Friday. The company has a market cap of $2.27 billion, a PE ratio of 46.61, a PEG ratio of 2.53 and a beta of 1.41. Goosehead Insurance has a 52-week low of $33.68 and a 52-week high of $93.90. The stock has a 50-day simple moving average of $46.47 and a 200 day simple moving average of $48.72.

Goosehead Insurance (NASDAQ:GSHD) last announced its earnings results on Wednesday, July 22nd. The company reported $0.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.47 by $0.17. The business had revenue of $95.63 million for 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%.Goosehead Insurance’s revenue for the quarter was up 20.6% compared to the same quarter last year. During the same quarter last year, the firm earned $0.49 EPS. On average, research analysts predict that Goosehead Insurance will post 1.45 earnings per share for the current fiscal year.

Goosehead Insurance News Roundup

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

• Positive Sentiment: Durable Capital Partners purchased 40,077 shares for approximately $2.47 million on July 27, after buying an additional 113,646 shares worth about $6.63 million on July 24. The purchases increased its position by 1.61% and suggest confidence from a large shareholder. Goosehead Insurance Major Shareholder Acquires Stock
• Neutral Sentiment: Analyst views remain mixed. JPMorgan has a neutral rating with a $60 target, while UBS and Cantor Fitzgerald remain bullish with targets of $72 and $76. The consensus rating is “Hold,” with an average price target of $68.45. Analysts Have Conflicting Sentiments on Goosehead Insurance
• Negative Sentiment: Major shareholders disclosed several sales totaling 137,519 shares and roughly $9.53 million. Robyn Jones Descendants Mark sold 125,000 shares for about $8.71 million, followed by smaller sales from Adrienne Kebodeaux, The Bear Irrevocable Trust and the Jones descendants. Although the Jones descendants still own approximately 6.87 million shares, the transactions may raise concerns about insider confidence and add to selling pressure. Goosehead Insurance Insider Sales Filing
• Negative Sentiment: Goosehead’s latest results showed adjusted strength in profitability, with earnings of $0.64 per share beating the $0.47 consensus estimate, but revenue of $95.63 million fell short of the $103.30 million forecast. Revenue still grew 20.6% year over year, though the stock’s elevated valuation—roughly 47 times earnings—leaves less room for disappointing growth.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on GSHD shares. Citizens Jmp decreased their target price on shares of Goosehead Insurance from $125.00 to $100.00 and set a “market outperform” rating for the company in a research report on Monday, April 13th. Keefe, Bruyette & Woods cut their price target on shares of Goosehead Insurance from $80.00 to $72.00 and set an “outperform” rating on the stock in a research report on Thursday, July 23rd. Bank of America reduced their price objective on shares of Goosehead Insurance from $43.00 to $37.00 and set an “underperform” rating for the company in a research note on Tuesday, April 14th. Weiss Ratings upgraded Goosehead Insurance from a “sell (d)” rating to a “sell (d+)” rating in a report on Thursday, July 9th. Finally, Royal Bank Of Canada lifted their target price on Goosehead Insurance from $55.00 to $58.00 and gave the company a “sector perform” rating in a research report on Thursday, July 23rd. Seven analysts have rated the stock with a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, Goosehead Insurance currently has an average rating of “Hold” and a consensus target price of $68.45.

Institutional Trading of Goosehead Insurance

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

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.