Deutsche Bank AG Sells 1,971 Shares of Goosehead Insurance $GSHD

Deutsche Bank AG cut its position in Goosehead Insurance (NASDAQ:GSHD) by 9.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 19,016 shares of the company’s stock after selling 1,971 shares during the quarter. Deutsche Bank AG owned 0.05% of Goosehead Insurance worth $2,245,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Janus Henderson Group PLC lifted its stake in shares of Goosehead Insurance by 0.6% in the fourth quarter. Janus Henderson Group PLC now owns 22,109 shares of the company’s stock worth $2,371,000 after acquiring an additional 139 shares during the period. TCTC Holdings LLC lifted its stake in shares of Goosehead Insurance by 117.1% in the first quarter. TCTC Holdings LLC now owns 330 shares of the company’s stock worth $39,000 after acquiring an additional 178 shares during the period. KBC Group NV lifted its stake in shares of Goosehead Insurance by 20.7% in the first quarter. KBC Group NV now owns 1,101 shares of the company’s stock worth $130,000 after acquiring an additional 189 shares during the period. Bessemer Group Inc. lifted its stake in shares of Goosehead Insurance by 192.9% in the first quarter. Bessemer Group Inc. now owns 290 shares of the company’s stock worth $34,000 after acquiring an additional 191 shares during the period. Finally, Larson Financial Group LLC lifted its stake in shares of Goosehead Insurance by 1,251.6% in the first quarter. Larson Financial Group LLC now owns 419 shares of the company’s stock worth $49,000 after acquiring an additional 388 shares during the period.

Insider Buying and Selling

In other Goosehead Insurance news, major shareholder & Robyn Jones Descendants Mark sold 600 shares of the firm’s stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $87.01, for a total value of $52,206.00. Following the completion of the sale, the insider owned 132,349 shares of the company’s stock, valued at approximately $11,515,686.49. This trade represents a 0.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders sold a total of 255,665 shares of company stock valued at $22,840,936 over the last ninety days. Company insiders own 48.35% of the company’s stock.

Goosehead Insurance Trading Up 2.5%

Shares of Goosehead Insurance stock opened at $88.51 on Thursday. The company has a debt-to-equity ratio of 2.10, a quick ratio of 2.92 and a current ratio of 2.92. Goosehead Insurance has a 52 week low of $79.33 and a 52 week high of $130.39. The stock has a 50 day moving average price of $95.72 and a two-hundred day moving average price of $105.49. The stock has a market capitalization of $3.32 billion, a PE ratio of 78.33, a price-to-earnings-growth ratio of 7.39 and a beta of 1.31.

Goosehead Insurance (NASDAQ:GSHD) last announced its quarterly earnings data on Wednesday, July 23rd. The company reported $0.49 EPS for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.04). Goosehead Insurance had a net margin of 8.76% and a negative return on equity of 59.49%. The firm had revenue of $94.03 million during the quarter, compared to analyst estimates of $94.18 million. During the same period last year, the business posted $0.43 EPS. The company’s revenue was up 20.4% on a year-over-year basis. Goosehead Insurance has set its FY 2025 guidance at EPS. As a group, equities analysts anticipate that Goosehead Insurance will post 0.83 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. JMP Securities reaffirmed a “market outperform” rating and issued a $150.00 price objective on shares of Goosehead Insurance in a research note on Thursday, April 24th. UBS Group cut their price objective on Goosehead Insurance from $140.00 to $136.00 and set a “buy” rating on the stock in a research note on Monday, July 28th. BMO Capital Markets decreased their target price on Goosehead Insurance from $142.00 to $110.00 and set a “market perform” rating for the company in a research note on Friday, July 25th. Keefe, Bruyette & Woods decreased their target price on Goosehead Insurance from $130.00 to $120.00 and set an “outperform” rating for the company in a research note on Thursday, July 24th. Finally, JPMorgan Chase & Co. decreased their target price on Goosehead Insurance from $100.00 to $98.00 and set a “neutral” rating for the company in a research note on Thursday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Goosehead Insurance presently has an average rating of “Hold” and an average price target of $110.91.

Goosehead Insurance Company 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.