Goosehead Insurance (NASDAQ:GSHD) Major Shareholder & Robyn Jones Descendants Mark Sells 2,519 Shares of Stock

Goosehead Insurance (NASDAQ:GSHD) major shareholder & Robyn Jones Descendants Mark sold 2,519 shares of the business’s stock in a transaction on Thursday, July 30th. The shares were sold at an average price of $66.27, for a total transaction of $166,934.13. Following the completion of the transaction, the insider directly owned 6,870,180 shares of the company’s stock, valued at $455,286,828.60. This trade represents a 0.04% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

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

• On Wednesday, July 29th, & Robyn Jones Descendants Mark sold 125,000 shares of Goosehead Insurance stock. The stock was sold at an average price of $69.71, for a total value of $8,713,750.00.
• 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 value 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 stock was 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 Price Performance

NASDAQ GSHD opened at $63.86 on Friday. The firm has a market cap 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. The stock’s 50-day moving average is $46.47 and its 200-day moving average is $48.72. Goosehead Insurance has a one year low of $33.68 and a one year high of $93.90.

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

Key Goosehead Insurance News

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.

Analysts Set New Price Targets

Several research analysts have recently weighed in on GSHD shares. Keefe, Bruyette & Woods reduced their price target 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. UBS Group raised their price objective on shares of Goosehead Insurance from $70.00 to $72.00 and gave the stock a “buy” rating in a report on Monday. Piper Sandler boosted 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 reduced their target price 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. Finally, JPMorgan Chase & Co. increased their target price on Goosehead Insurance from $55.00 to $60.00 and gave the stock a “neutral” rating in a report on Monday, July 13th. Seven equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Goosehead Insurance presently has a consensus rating of “Hold” and a consensus price target of $68.45.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Handelsbanken Fonder AB grew its position in Goosehead Insurance by 12.1% in the second quarter. Handelsbanken Fonder AB now owns 6,500 shares of the company’s stock valued at $315,000 after purchasing an additional 700 shares in the last quarter. MassMutual Private Wealth & Trust FSB lifted its position in Goosehead Insurance by 484.1% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 514 shares of the company’s stock worth $25,000 after buying an additional 426 shares in the last quarter. Versant Capital Management Inc boosted its stake 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 worth $37,000 after buying an additional 637 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of Goosehead Insurance by 28.2% in the 1st quarter. Bank of America Corp DE now owns 329,333 shares of the company’s stock valued at $14,049,000 after acquiring an additional 72,527 shares in the last quarter. Finally, Janus Henderson Group PLC increased its position in shares of Goosehead Insurance by 3,485.1% in the first quarter. Janus Henderson Group PLC now owns 386,906 shares of the company’s stock valued at $16,506,000 after acquiring an additional 376,114 shares during the last quarter.

About Goosehead Insurance

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.