International Assets Investment Management LLC Purchases Shares of 9,096 Goosehead Insurance, Inc (NASDAQ:GSHD)

International Assets Investment Management LLC acquired a new position in shares of Goosehead Insurance, Inc (NASDAQ:GSHD) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 9,096 shares of the company’s stock, valued at approximately $689,000.

A number of other institutional investors also recently made changes to their positions in the company. Principal Financial Group Inc. acquired a new stake in Goosehead Insurance during the 3rd quarter worth approximately $9,501,000. Vanguard Group Inc. grew its stake in shares of Goosehead Insurance by 17.8% in the third quarter. Vanguard Group Inc. now owns 2,332,578 shares of the company’s stock valued at $173,847,000 after acquiring an additional 351,630 shares in the last quarter. Amalgamated Bank grew its stake in shares of Goosehead Insurance by 217.7% in the third quarter. Amalgamated Bank now owns 10,143 shares of the company’s stock valued at $756,000 after acquiring an additional 6,950 shares in the last quarter. FMR LLC increased its position in Goosehead Insurance by 383.3% during the third quarter. FMR LLC now owns 70,292 shares of the company’s stock worth $5,239,000 after acquiring an additional 55,747 shares during the period. Finally, Loomis Sayles & Co. L P acquired a new position in shares of Goosehead Insurance during the 3rd quarter worth approximately $23,614,000.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on GSHD shares. Piper Sandler dropped their price target on shares of Goosehead Insurance from $88.00 to $65.00 and set an “overweight” rating for the company in a research report on Thursday, April 25th. JMP Securities reissued a “market outperform” rating and set a $100.00 target price on shares of Goosehead Insurance in a report on Monday, April 15th. Truist Financial dropped their price target on Goosehead Insurance from $70.00 to $60.00 and set a “hold” rating for the company in a research note on Thursday, April 25th. Royal Bank of Canada reduced their price objective on shares of Goosehead Insurance from $88.00 to $80.00 and set an “outperform” rating on the stock in a research note on Thursday, April 25th. Finally, JPMorgan Chase & Co. dropped their target price on shares of Goosehead Insurance from $62.00 to $59.00 and set a “neutral” rating for the company in a research report on Thursday, April 25th. Two analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat, Goosehead Insurance presently has an average rating of “Moderate Buy” and a consensus price target of $78.89.

Insider Activity at Goosehead Insurance

In other Goosehead Insurance news, major shareholder & Robyn Jones Descendants Mark sold 36,337 shares of the company’s stock in a transaction dated Wednesday, February 28th. The stock was sold at an average price of $74.92, for a total value of $2,722,368.04. Following the completion of the transaction, the insider now owns 132,349 shares of the company’s stock, valued at approximately $9,915,587.08. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. In other Goosehead Insurance news, General Counsel John Terry O’connor purchased 1,000 shares of the business’s stock in a transaction dated Monday, February 26th. The shares were bought at an average price of $73.46 per share, for a total transaction of $73,460.00. Following the completion of the acquisition, the general counsel now owns 1,000 shares in the company, valued at $73,460. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder & Robyn Jones Descendants Mark sold 36,337 shares of the business’s stock in a transaction on Wednesday, February 28th. The stock was sold at an average price of $74.92, for a total transaction of $2,722,368.04. Following the completion of the sale, the insider now directly owns 132,349 shares in the company, valued at approximately $9,915,587.08. The disclosure for this sale can be found here. Insiders have bought a total of 17,582 shares of company stock valued at $1,141,849 in the last 90 days. 48.35% of the stock is owned by corporate insiders.

Goosehead Insurance Stock Down 0.1 %

GSHD stock opened at $63.38 on Friday. The firm has a 50-day moving average price of $63.32 and a 200-day moving average price of $71.45. Goosehead Insurance, Inc has a 12 month low of $50.47 and a 12 month high of $92.76. The company has a current ratio of 1.73, a quick ratio of 1.73 and a debt-to-equity ratio of 2.31. The stock has a market capitalization of $2.41 billion, a P/E ratio of 102.23, a price-to-earnings-growth ratio of 3.39 and a beta of 1.31.

Goosehead Insurance (NASDAQ:GSHD) last issued its quarterly earnings data on Wednesday, April 24th. The company reported $0.06 EPS for the quarter, beating the consensus estimate of $0.01 by $0.05. The business had revenue of $64.46 million during the quarter, compared to the consensus estimate of $66.24 million. Goosehead Insurance had a net margin of 5.99% and a return on equity of 202.00%. As a group, equities research analysts anticipate that Goosehead Insurance, Inc will post 0.7 EPS for the current fiscal year.

Goosehead Insurance Profile

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.