Goosehead Insurance (NASDAQ:GSHD – Free Report) had its target price cut by Keefe, Bruyette & Woods from $80.00 to $72.00 in a research note released on Thursday morning,Benzinga reports. They currently have an outperform rating on the stock.
Several other research analysts have also weighed in on GSHD. JPMorgan Chase & Co. lifted their price objective on Goosehead Insurance from $55.00 to $60.00 and gave the stock a “neutral” rating in a research report on Monday, July 13th. Bank of America lowered their price objective on shares of Goosehead Insurance from $43.00 to $37.00 and set an “underperform” rating on the stock in a report on Tuesday, April 14th. Royal Bank Of Canada raised their target price on Goosehead Insurance from $52.00 to $55.00 and gave the company a “sector perform” rating in a report on Monday, July 13th. UBS Group lifted their target price on Goosehead Insurance from $67.00 to $70.00 and gave the company a “buy” rating in a research report on Wednesday, July 8th. Finally, Piper Sandler upped their price target on Goosehead Insurance from $52.00 to $72.00 and gave the stock an “overweight” rating in a report on Wednesday, July 15th. Seven 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. According to data from MarketBeat, Goosehead Insurance presently has an average rating of “Hold” and an average target price of $68.27.
Get Our Latest Research Report on Goosehead Insurance
Goosehead Insurance Stock Up 4.9%
Goosehead Insurance (NASDAQ:GSHD – Get Free Report) last released its earnings results on Wednesday, July 22nd. The company reported $0.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.17. The business had revenue of $95.63 million for the quarter, compared to analyst estimates of $103.30 million. Goosehead Insurance had a net margin of 8.78% and a negative return on equity of 21.28%. Goosehead Insurance’s revenue for the quarter was up 20.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.49 earnings per share. Sell-side analysts anticipate that Goosehead Insurance will post 1.45 EPS for the current fiscal year.
Insider Activity
In other news, major shareholder Patrick Ryan Langston bought 2,800 shares of the company’s stock in a transaction on Friday, May 29th. The shares were purchased at an average price of $35.56 per share, with a total value of $99,568.00. Following the transaction, the insider directly owned 7,800 shares in the company, valued at $277,368. This represents a 56.00% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, General Counsel Martin Ellis Thornthwaite bought 5,000 shares of the business’s stock in a transaction dated Monday, May 18th. The stock was acquired at an average price of $41.50 per share, for a total transaction of $207,500.00. Following the purchase, the general counsel directly owned 5,000 shares in the company, valued at approximately $207,500. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last quarter, insiders acquired 12,800 shares of company stock valued at $480,718 and sold 219,192 shares valued at $9,092,267. Corporate insiders own 38.07% of the company’s stock.
Institutional Trading of Goosehead Insurance
A number of hedge funds have recently bought and sold shares of GSHD. EverSource Wealth Advisors LLC grew its stake in Goosehead Insurance by 480.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 325 shares of the company’s stock valued at $34,000 after purchasing an additional 269 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in shares of Goosehead Insurance by 802.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 442 shares of the company’s stock worth $47,000 after purchasing an additional 393 shares during the period. MassMutual Private Wealth & Trust FSB raised its stake in shares of Goosehead Insurance by 484.1% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 514 shares of the company’s stock worth $25,000 after purchasing an additional 426 shares during the period. Kestra Advisory Services LLC purchased a new position in shares of Goosehead Insurance in the 4th quarter worth about $41,000. Finally, Versant Capital Management Inc boosted its holdings in shares of Goosehead Insurance by 471.9% in the 2nd quarter. Versant Capital Management Inc now owns 772 shares of the company’s stock worth $37,000 after buying an additional 637 shares during the last quarter.
Goosehead Insurance News Roundup
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
About Goosehead Insurance
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.
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