Goosehead Insurance, Inc (NASDAQ:GSHD - Get Free Report) COO Mark Miller acquired 10,000 shares of Goosehead Insurance stock in a transaction that occurred on Monday, April 29th. The stock was bought at an average price of $58.06 per share, for a total transaction of $580,600.00. Following the completion of the acquisition, the chief operating officer now owns 30,000 shares in the company, valued at approximately $1,741,800. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Mark Miller also recently made the following trade(s):
- On Monday, February 26th, Mark Miller acquired 5,000 shares of Goosehead Insurance stock. The stock was bought at an average price of $73.86 per share, for a total transaction of $369,300.00.
Goosehead Insurance Stock Up 0.1 %
GSHD stock opened at $56.91 on Wednesday. The company's 50 day moving average price is $68.19 and its 200 day moving average price is $72.33. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.73 and a current ratio of 1.73. Goosehead Insurance, Inc has a fifty-two week low of $50.47 and a fifty-two week high of $92.76. The firm has a market capitalization of $2.16 billion, a price-to-earnings ratio of 91.79, a PEG ratio of 3.53 and a beta of 1.28.
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Goosehead Insurance (NASDAQ:GSHD - Get Free Report) last released its earnings results on Wednesday, April 24th. The company reported $0.06 earnings per share for the quarter, topping analysts' consensus estimates of $0.01 by $0.05. Goosehead Insurance had a net margin of 5.99% and a return on equity of 202.00%. The firm had revenue of $64.46 million for the quarter, compared to analyst estimates of $66.24 million. On average, equities research analysts anticipate that Goosehead Insurance, Inc will post 0.9 EPS for the current fiscal year.
Analyst Ratings Changes
A number of analysts have issued reports on the stock. Truist Financial cut their price target on shares of Goosehead Insurance from $70.00 to $60.00 and set a "hold" rating on the stock in a research note on Thursday, April 25th. Piper Sandler cut their price target on shares of Goosehead Insurance from $88.00 to $65.00 and set an "overweight" rating on the stock in a research note on Thursday, April 25th. JMP Securities reiterated a "market outperform" rating and set a $100.00 price target on shares of Goosehead Insurance in a research note on Monday, April 15th. TD Cowen assumed coverage on shares of Goosehead Insurance in a research note on Wednesday, January 10th. They set an "outperform" rating and a $105.00 price target on the stock. Finally, BMO Capital Markets cut their price target on shares of Goosehead Insurance from $90.00 to $72.00 and set an "outperform" rating on the stock in a research note on Tuesday. Two research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $78.89.
Read Our Latest Analysis on GSHD
Institutional Trading of Goosehead Insurance
Large investors have recently made changes to their positions in the company. SG Americas Securities LLC acquired a new position in Goosehead Insurance in the third quarter valued at approximately $494,000. State of Alaska Department of Revenue acquired a new position in Goosehead Insurance in the third quarter valued at approximately $1,109,000. Maryland State Retirement & Pension System acquired a new position in Goosehead Insurance in the third quarter valued at approximately $656,000. Raymond James Financial Services Advisors Inc. acquired a new position in Goosehead Insurance in the third quarter valued at approximately $1,048,000. Finally, Bank of New York Mellon Corp boosted its holdings in Goosehead Insurance by 130.7% in the third quarter. Bank of New York Mellon Corp now owns 181,779 shares of the company's stock valued at $13,548,000 after purchasing an additional 102,992 shares in the last quarter.
Goosehead Insurance Company Profile
(
Get Free Report)
Goosehead Insurance, Inc operates as a holding company for Goosehead Financial, LLC that engages in the provision of personal lines insurance agency services in the United States. The company offers homeowner's, automotive, dwelling property, flood, wind, earthquake, excess liability or umbrella, motorcycle, recreational vehicle, general liability, property, and life insurance products and services.
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