Blair William & Co. IL Has $996,000 Stake in Goosehead Insurance $GSHD

Blair William & Co. IL decreased its position in Goosehead Insurance (NASDAQ:GSHD) by 4.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,443 shares of the company’s stock after selling 470 shares during the quarter. Blair William & Co. IL’s holdings in Goosehead Insurance were worth $996,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Driehaus Capital Management LLC acquired a new position in Goosehead Insurance in the 1st quarter valued at $22,003,000. Goldman Sachs Group Inc. raised its holdings in Goosehead Insurance by 86.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 354,775 shares of the company’s stock valued at $41,885,000 after acquiring an additional 164,693 shares in the last quarter. Annex Advisory Services LLC raised its holdings in Goosehead Insurance by 1,248.8% in the 2nd quarter. Annex Advisory Services LLC now owns 136,564 shares of the company’s stock valued at $14,409,000 after acquiring an additional 126,439 shares in the last quarter. Nuveen LLC acquired a new position in Goosehead Insurance in the 1st quarter valued at $8,025,000. Finally, Invesco Ltd. raised its holdings in Goosehead Insurance by 56.8% in the 1st quarter. Invesco Ltd. now owns 102,402 shares of the company’s stock valued at $12,090,000 after acquiring an additional 37,098 shares in the last quarter.

Insider Activity

In other news, major shareholder & Robyn Jones Descendants Mark sold 60,000 shares of the stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $88.23, for a total value of $5,293,800.00. Following the completion of the transaction, the insider directly owned 132,349 shares in the company, valued at approximately $11,677,152.27. This represents a 31.19% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Adrienne Kebodeaux sold 3,000 shares of the stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $86.30, for a total value of $258,900.00. The disclosure for this sale can be found here. In the last ninety days, insiders sold 244,770 shares of company stock worth $21,568,721. Insiders own 48.35% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. JMP Securities dropped their price objective on Goosehead Insurance from $150.00 to $140.00 and set a “market outperform” rating for the company in a report on Tuesday. Piper Sandler reduced their target price on Goosehead Insurance from $92.00 to $79.00 and set a “neutral” rating on the stock in a report on Monday, October 6th. Keefe, Bruyette & Woods reduced their target price on Goosehead Insurance from $130.00 to $120.00 and set an “outperform” rating on the stock in a report on Thursday, July 24th. Citigroup reaffirmed an “outperform” rating on shares of Goosehead Insurance in a report on Tuesday. Finally, Cantor Fitzgerald raised Goosehead Insurance to a “strong-buy” rating in a report on Wednesday, August 13th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, Goosehead Insurance currently has an average rating of “Hold” and an average price target of $105.09.

Goosehead Insurance Stock Performance

Shares of GSHD opened at $65.20 on Friday. Goosehead Insurance has a 52 week low of $64.89 and a 52 week high of $130.39. The stock has a market capitalization of $2.45 billion, a price-to-earnings ratio of 57.70, a PEG ratio of 13.26 and a beta of 1.27. The stock has a fifty day moving average of $79.38 and a 200-day moving average of $94.84.

Goosehead Insurance (NASDAQ:GSHD) last announced its quarterly earnings results 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 the consensus estimate of $94.18 million. During the same quarter in the previous year, the company posted $0.43 earnings per share. The firm’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 forecast that Goosehead Insurance will post 0.83 EPS for the current year.

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.