Goosehead Insurance, Inc (NASDAQ:GSHD - Get Free Report) major shareholder Patrick Ryan Langston sold 10,000 shares of the company's stock in a transaction on Tuesday, October 15th. The stock was sold at an average price of $95.35, for a total transaction of $953,500.00. Following the sale, the insider now directly owns 5,000 shares of the company's stock, valued at $476,750. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Large shareholders that own 10% or more of a company's shares are required to disclose their sales and purchases with the SEC.
Patrick Ryan Langston also recently made the following trade(s):
- On Monday, September 30th, Patrick Ryan Langston sold 2,167 shares of Goosehead Insurance stock. The stock was sold at an average price of $90.09, for a total transaction of $195,225.03.
- On Friday, September 27th, Patrick Ryan Langston sold 3,019 shares of Goosehead Insurance stock. The stock was sold at an average price of $90.34, for a total transaction of $272,736.46.
- On Wednesday, September 25th, Patrick Ryan Langston sold 4,814 shares of Goosehead Insurance stock. The shares were sold at an average price of $90.26, for a total value of $434,511.64.
- On Thursday, August 15th, Patrick Ryan Langston sold 7,674 shares of Goosehead Insurance stock. The stock was sold at an average price of $85.19, for a total value of $653,748.06.
Goosehead Insurance Trading Up 3.6 %
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NASDAQ GSHD opened at $99.40 on Thursday. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.14 and a current ratio of 1.13. The firm has a market cap of $3.78 billion, a price-to-earnings ratio of 160.32, a PEG ratio of 4.72 and a beta of 1.35. The firm has a 50 day simple moving average of $86.84 and a 200-day simple moving average of $71.37. Goosehead Insurance, Inc has a one year low of $50.47 and a one year high of $100.15.
Goosehead Insurance (NASDAQ:GSHD - Get Free Report) last issued its quarterly earnings results on Wednesday, July 24th. The company reported $0.43 EPS for the quarter, beating the consensus estimate of $0.39 by $0.04. Goosehead Insurance had a net margin of 6.71% and a return on equity of 244.15%. The company had revenue of $78.10 million during the quarter, compared to analysts' expectations of $74.31 million. During the same quarter last year, the company posted $0.25 EPS. The firm's revenue was up 12.7% compared to the same quarter last year. Equities research analysts anticipate that Goosehead Insurance, Inc will post 0.76 EPS for the current fiscal year.
Wall Street Analyst Weigh In
Several research analysts have recently commented on GSHD shares. UBS Group lifted their price target on Goosehead Insurance from $92.00 to $105.00 and gave the stock a "buy" rating in a report on Wednesday, July 31st. JMP Securities reaffirmed a "market outperform" rating and set a $100.00 target price on shares of Goosehead Insurance in a research note on Tuesday. JPMorgan Chase & Co. increased their price target on shares of Goosehead Insurance from $65.00 to $77.00 and gave the company a "neutral" rating in a research note on Monday, August 12th. BMO Capital Markets lowered shares of Goosehead Insurance from an "outperform" rating to a "market perform" rating and set a $90.00 price target on the stock. in a research report on Thursday, August 22nd. Finally, Piper Sandler increased their price objective on Goosehead Insurance from $72.00 to $94.00 and gave the stock an "overweight" rating in a research report on Monday. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $84.10.
Get Our Latest Research Report on GSHD
Institutional Investors Weigh In On Goosehead Insurance
Several large investors have recently bought and sold shares of the stock. Kayne Anderson Rudnick Investment Management LLC grew its position in shares of Goosehead Insurance by 34.5% during the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 3,428,907 shares of the company's stock worth $196,956,000 after buying an additional 879,959 shares in the last quarter. Motley Fool Asset Management LLC lifted its stake in Goosehead Insurance by 407.4% in the first quarter. Motley Fool Asset Management LLC now owns 533,500 shares of the company's stock worth $35,542,000 after acquiring an additional 428,355 shares during the last quarter. Wasatch Advisors LP grew its holdings in Goosehead Insurance by 17.2% during the 1st quarter. Wasatch Advisors LP now owns 2,101,847 shares of the company's stock worth $140,025,000 after acquiring an additional 308,312 shares in the last quarter. American Century Companies Inc. increased its position in shares of Goosehead Insurance by 35.7% in the 2nd quarter. American Century Companies Inc. now owns 420,934 shares of the company's stock valued at $24,179,000 after purchasing an additional 110,832 shares during the last quarter. Finally, Norden Group LLC raised its holdings in shares of Goosehead Insurance by 1,839.4% in the 1st quarter. Norden Group LLC now owns 109,942 shares of the company's stock valued at $7,324,000 after purchasing an additional 104,273 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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