Goosehead Insurance (NASDAQ:GSHD) Trading 6.5% Higher Following Strong Earnings

Goosehead Insurance (NASDAQ:GSHD) shares shot up 6.5% during trading on Thursday after the company announced better than expected quarterly earnings. The stock traded as high as $54.54 and last traded at $54.7630. Approximately 361,204 shares traded hands during mid-day trading, a decline of 27% from the average daily volume of 496,886 shares. The stock had previously closed at $51.40.

The company reported $0.64 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.17. The company had revenue of $95.63 million during the quarter, compared to the consensus estimate of $103.30 million. Goosehead Insurance had a net margin of 8.78% and a negative return on equity of 21.28%. The firm’s quarterly revenue was up 20.6% compared to the same quarter last year. During the same quarter last year, the firm earned $0.49 earnings per share.

Key Stories Impacting Goosehead Insurance

Here are the key news stories impacting Goosehead Insurance this week:

• Positive Sentiment: Goosehead delivered Q2 results that beat earnings expectations, with adjusted EPS of $0.64 versus consensus near $0.47-$0.52, while total revenue increased 21% year over year to $113.4 million and adjusted EBITDA rose 30%. Article: Goosehead Insurance, Inc. Announces Second Quarter 2026 Results
• Positive Sentiment: Underlying business trends also looked strong, with total written premiums up 14%, policies in force up 15%, and net income nearly doubling year over year, suggesting continued operating leverage. Article: Goosehead Insurance, Inc. Announces Second Quarter 2026 Results
• Neutral Sentiment: Management announced a CEO transition: Mark Miller will retire at the end of 2026 and President/COO Mark Jones Jr. will take over, which appears planned rather than disruptive. Article: Goosehead Insurance Announces CEO Transition
• Neutral Sentiment: Several recaps and transcripts of the earnings call reinforced the same message: strong profit growth, but revenue missed expectations, keeping the report mixed overall. Article: Goosehead Insurance, Inc. (GSHD) Q2 2026 Earnings Call Transcript
• Negative Sentiment: Keefe, Bruyette & Woods lowered its price target on Goosehead to $72 from $80, signaling slightly less upside in the near term despite maintaining an outperform rating. Article: Benzinga report on KBW price target cut
• Negative Sentiment: Revenue of $95.63 million fell short of the roughly $103.3 million consensus estimate, which may limit enthusiasm even after the earnings beat. Article: Goosehead earnings report and conference call

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on GSHD. Royal Bank Of Canada boosted their price target on Goosehead Insurance from $55.00 to $58.00 and gave the stock a “sector perform” rating in a research note on Thursday. Bank of America dropped their price objective on Goosehead Insurance from $43.00 to $37.00 and set an “underperform” rating on the stock in a research report on Tuesday, April 14th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $76.00 price objective on shares of Goosehead Insurance in a report on Thursday. JPMorgan Chase & Co. boosted their target price on Goosehead Insurance from $55.00 to $60.00 and gave the stock a “neutral” rating in a research report on Monday, July 13th. Finally, Piper Sandler upped their target price on shares of Goosehead Insurance from $52.00 to $72.00 and gave the company an “overweight” rating in a research note on Wednesday, July 15th. Seven equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, Goosehead Insurance currently has a consensus rating of “Hold” and a consensus target price of $68.27.

Insider Buying and Selling

In related news, major shareholder Patrick Ryan Langston bought 2,800 shares of the stock in a transaction that occurred on Friday, May 29th. The shares were bought at an average cost of $35.56 per share, for a total transaction of $99,568.00. Following the completion of the transaction, the insider owned 7,800 shares of the company’s stock, valued at approximately $277,368. This trade represents a 56.00% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder & Robyn Jones Descendants Mark sold 82,689 shares of Goosehead Insurance stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $41.77, for a total value of $3,453,919.53. Following the transaction, the insider owned 7,050,356 shares in the company, valued at $294,493,370.12. This trade represents a 1.16% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders purchased 12,800 shares of company stock valued at $480,718 and sold 219,192 shares valued at $9,092,267. 38.07% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Durable Capital Partners LP lifted its holdings in Goosehead Insurance by 126.5% during the third quarter. Durable Capital Partners LP now owns 1,542,186 shares of the company’s stock valued at $114,769,000 after purchasing an additional 861,374 shares in the last quarter. Wasatch Advisors LP boosted its position in shares of Goosehead Insurance by 32.3% in the first quarter. Wasatch Advisors LP now owns 2,292,227 shares of the company’s stock worth $97,786,000 after purchasing an additional 559,087 shares during the period. T. Rowe Price Investment Management Inc. increased its stake in shares of Goosehead Insurance by 38.5% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 2,002,003 shares of the company’s stock worth $147,448,000 after purchasing an additional 556,293 shares in the last quarter. Langdon Equity Partners purchased a new stake in shares of Goosehead Insurance in the fourth quarter worth $41,892,000. Finally, Janus Henderson Group PLC increased its stake in shares of Goosehead Insurance by 3,485.1% in the first quarter. Janus Henderson Group PLC now owns 386,906 shares of the company’s stock worth $16,506,000 after purchasing an additional 376,114 shares in the last quarter.

Goosehead Insurance Stock Performance

The stock has a market capitalization of $1.92 billion, a P/E ratio of 39.34, a P/E/G ratio of 1.82 and a beta of 1.41. The company’s 50-day moving average price is $44.09 and its 200 day moving average price is $49.04.

Goosehead Insurance Company Profile

Goosehead Insurance (NASDAQ: GSHD) is a technology-driven insurance agency that connects consumers with a broad range of personal and commercial insurance products through an extensive network of independent insurance advisors. The company specializes in homeowners, auto, flood, dwelling fire, umbrella, life, and commercial lines coverage, working with multiple national and regional carriers to offer tailored policies. By combining advanced quoting tools with local market expertise, Goosehead streamlines the insurance shopping process and helps clients find competitive coverage options.

Founded in 2003 and headquartered in Westlake, Texas, Goosehead has grown its footprint across more than 40 states in the U.S.