Goosehead Insurance Inc (NASDAQ:GSHD) CEO Sells $1,292,141.61 in Stock

Goosehead Insurance Inc (NASDAQ:GSHD) CEO Mark Evan Jones sold 28,543 shares of the company’s stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $45.27, for a total transaction of $1,292,141.61. Following the completion of the sale, the chief executive officer now owns 720,301 shares in the company, valued at approximately $32,608,026.27. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Mark Evan Jones also recently made the following trade(s):

  • On Tuesday, March 17th, Mark Evan Jones sold 80,844 shares of Goosehead Insurance stock. The stock was sold at an average price of $46.21, for a total transaction of $3,735,801.24.
  • On Thursday, February 20th, Mark Evan Jones sold 16,991 shares of Goosehead Insurance stock. The stock was sold at an average price of $54.82, for a total transaction of $931,446.62.
  • On Tuesday, February 18th, Mark Evan Jones sold 18,963 shares of Goosehead Insurance stock. The stock was sold at an average price of $54.64, for a total transaction of $1,036,138.32.
  • On Monday, February 3rd, Mark Evan Jones sold 28,862 shares of Goosehead Insurance stock. The stock was sold at an average price of $50.00, for a total transaction of $1,443,100.00.
  • On Friday, January 17th, Mark Evan Jones sold 26,188 shares of Goosehead Insurance stock. The stock was sold at an average price of $45.73, for a total transaction of $1,197,577.24.
  • On Tuesday, January 14th, Mark Evan Jones sold 20,651 shares of Goosehead Insurance stock. The stock was sold at an average price of $44.43, for a total transaction of $917,523.93.
  • On Friday, January 10th, Mark Evan Jones sold 18,362 shares of Goosehead Insurance stock. The stock was sold at an average price of $44.28, for a total transaction of $813,069.36.
  • On Wednesday, January 8th, Mark Evan Jones sold 26,996 shares of Goosehead Insurance stock. The stock was sold at an average price of $44.00, for a total transaction of $1,187,824.00.

NASDAQ:GSHD opened at $44.63 on Thursday. The firm has a market cap of $690.45 million, a price-to-earnings ratio of 114.44, a price-to-earnings-growth ratio of 1.91 and a beta of 0.11. Goosehead Insurance Inc has a 52 week low of $25.74 and a 52 week high of $63.07. The firm has a 50-day moving average price of $51.99 and a two-hundred day moving average price of $46.89.

Goosehead Insurance (NASDAQ:GSHD) last posted its quarterly earnings data on Thursday, March 12th. The company reported $0.07 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.05 by $0.02. The firm had revenue of $23.37 million during the quarter, compared to analyst estimates of $20.22 million. Goosehead Insurance had a net margin of 7.14% and a negative return on equity of 20.51%. Analysts expect that Goosehead Insurance Inc will post 0.44 earnings per share for the current year.

A number of large investors have recently bought and sold shares of the business. Macquarie Group Ltd. increased its stake in Goosehead Insurance by 4.6% in the 4th quarter. Macquarie Group Ltd. now owns 39,730 shares of the company’s stock valued at $1,685,000 after buying an additional 1,744 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Goosehead Insurance by 3.5% during the 4th quarter. Geode Capital Management LLC now owns 257,825 shares of the company’s stock valued at $10,931,000 after acquiring an additional 8,794 shares during the period. Highside Global Management LLC bought a new position in shares of Goosehead Insurance during the 4th quarter valued at approximately $7,262,000. Wildcat Capital Management LLC grew its position in shares of Goosehead Insurance by 21.5% during the 4th quarter. Wildcat Capital Management LLC now owns 177,478 shares of the company’s stock valued at $7,525,000 after acquiring an additional 31,400 shares during the period. Finally, Captrust Financial Advisors bought a new position in shares of Goosehead Insurance during the 4th quarter valued at approximately $221,000. Hedge funds and other institutional investors own 95.87% of the company’s stock.

A number of equities research analysts recently weighed in on GSHD shares. Royal Bank of Canada started coverage on shares of Goosehead Insurance in a report on Tuesday, December 17th. They issued an “outperform” rating and a $50.00 target price on the stock. Zacks Investment Research upgraded shares of Goosehead Insurance from a “sell” rating to a “hold” rating in a research note on Thursday, January 23rd. BidaskClub lowered shares of Goosehead Insurance from a “strong-buy” rating to a “buy” rating in a research note on Thursday, March 12th. Finally, ValuEngine upgraded shares of Goosehead Insurance from a “sell” rating to a “hold” rating in a research note on Tuesday, March 3rd. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target 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.

Featured Story: Capital Gains Distribution

Insider Buying and Selling by Quarter for Goosehead Insurance (NASDAQ:GSHD)

Receive News & Ratings for Goosehead Insurance Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Goosehead Insurance and related companies with MarketBeat.com's FREE daily email newsletter.