Goosehead Insurance (NASDAQ:GSHD) Major Shareholder & The Bear Irrevocable Chick Sells 5,000 Shares

Goosehead Insurance (NASDAQ:GSHD) major shareholder & The Bear Irrevocable Chick sold 5,000 shares of the stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $65.03, for a total transaction of $325,150.00. Following the sale, the insider owned 58,530 shares of the company’s stock, valued at approximately $3,806,205.90. This trade represents a 7.87% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

Goosehead Insurance Stock Down 9.7%

NASDAQ:GSHD opened at $63.86 on Friday. Goosehead Insurance has a twelve month low of $33.68 and a twelve month high of $93.90. The company has a fifty day moving average of $46.47 and a 200-day moving average of $48.72. The firm has a market capitalization of $2.27 billion, a P/E ratio of 46.61, a P/E/G ratio of 2.53 and a beta of 1.41.

Goosehead Insurance (NASDAQ:GSHD) last posted 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. Goosehead Insurance had a net margin of 8.78% and a negative return on equity of 21.00%. The business had revenue of $95.63 million during the quarter, compared to analysts’ expectations of $103.30 million. During the same period last year, the company posted $0.49 earnings per share. The business’s quarterly revenue was up 20.6% on a year-over-year basis. On average, analysts anticipate that Goosehead Insurance will post 1.45 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages recently commented on GSHD. Citizens Jmp decreased their target price on 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. JPMorgan Chase & Co. upped their target price on Goosehead Insurance from $55.00 to $60.00 and gave the stock a “neutral” rating in a research report on Monday, July 13th. Weiss Ratings raised shares of Goosehead Insurance from a “sell (d)” rating to a “sell (d+)” rating in a research report on Thursday, July 9th. Royal Bank Of Canada upped their price objective on shares of Goosehead Insurance from $55.00 to $58.00 and gave the stock a “sector perform” rating in a report on Thursday, July 23rd. Finally, Keefe, Bruyette & Woods reduced their price objective on shares of Goosehead Insurance from $80.00 to $72.00 and set an “outperform” rating for the company in a report on Thursday, July 23rd. Seven research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $68.45.

Hedge Funds Weigh In On Goosehead Insurance

Several hedge funds have recently modified their holdings of the company. EverSource Wealth Advisors LLC grew its holdings 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 valued at $34,000 after acquiring an additional 269 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in Goosehead Insurance by 802.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 442 shares of the company’s stock valued at $47,000 after purchasing an additional 393 shares during the period. MassMutual Private Wealth & Trust FSB grew its stake in Goosehead Insurance by 484.1% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 514 shares of the company’s stock valued at $25,000 after purchasing an additional 426 shares during the period. Kestra Advisory Services LLC purchased a new stake in shares of Goosehead Insurance during the 4th quarter valued at $41,000. Finally, Versant Capital Management Inc increased its position in shares of Goosehead Insurance by 471.9% during the 2nd quarter. Versant Capital Management Inc now owns 772 shares of the company’s stock valued at $37,000 after purchasing an additional 637 shares during the last quarter.

Key Headlines Impacting Goosehead Insurance

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.

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.