321 Shares in Goosehead Insurance, Inc (NASDAQ:GSHD) Acquired by Whittier Trust Co. of Nevada Inc.

Whittier Trust Co. of Nevada Inc. bought a new stake in Goosehead Insurance, Inc (NASDAQ:GSHD) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 321 shares of the company’s stock, valued at approximately $29,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in shares of Goosehead Insurance by 2.0% during the 1st quarter. Vanguard Group Inc. now owns 2,416,115 shares of the company’s stock valued at $160,962,000 after purchasing an additional 46,861 shares during the last quarter. Sei Investments Co. raised its stake in Goosehead Insurance by 16.4% in the first quarter. Sei Investments Co. now owns 123,967 shares of the company’s stock valued at $8,259,000 after buying an additional 17,443 shares during the last quarter. Daiwa Securities Group Inc. raised its stake in Goosehead Insurance by 30.4% in the second quarter. Daiwa Securities Group Inc. now owns 35,118 shares of the company’s stock valued at $2,017,000 after buying an additional 8,193 shares during the last quarter. Quarry LP boosted its holdings in Goosehead Insurance by 2,810.7% in the second quarter. Quarry LP now owns 815 shares of the company’s stock worth $47,000 after acquiring an additional 787 shares in the last quarter. Finally, Dark Forest Capital Management LP purchased a new stake in shares of Goosehead Insurance during the second quarter worth about $408,000.

Insider Buying and Selling

In other Goosehead Insurance news, Chairman Mark Evan Jones sold 10,418 shares of Goosehead Insurance stock in a transaction on Friday, August 16th. The shares were sold at an average price of $85.88, for a total value of $894,697.84. Following the completion of the transaction, the chairman now owns 39,451 shares of the company’s stock, valued at approximately $3,388,051.88. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other news, Chairman Mark Evan Jones sold 10,418 shares of the business’s stock in a transaction that occurred on Friday, August 16th. The stock was sold at an average price of $85.88, for a total value of $894,697.84. Following the completion of the sale, the chairman now directly owns 39,451 shares in the company, valued at $3,388,051.88. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, major shareholder Patrick Ryan Langston sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, October 15th. The stock was sold at an average price of $95.35, for a total value of $953,500.00. Following the transaction, the insider now directly owns 5,000 shares of the company’s stock, valued at approximately $476,750. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 72,798 shares of company stock valued at $6,310,613. Corporate insiders own 48.35% of the company’s stock.

Analyst Upgrades and Downgrades

GSHD has been the subject of several research analyst reports. JPMorgan Chase & Co. increased their price objective on shares of Goosehead Insurance from $65.00 to $77.00 and gave the company a “neutral” rating in a research report on Monday, August 12th. Keefe, Bruyette & Woods reiterated an “outperform” rating and set a $84.00 price objective (down from $85.00) on shares of Goosehead Insurance in a research note on Friday, July 26th. Truist Financial boosted their price objective on shares of Goosehead Insurance from $65.00 to $80.00 and gave the company a “hold” rating in a report on Friday, October 4th. JMP Securities raised their target price on Goosehead Insurance from $100.00 to $115.00 and gave the stock a “market outperform” rating in a research note on Thursday. Finally, BMO Capital Markets downgraded Goosehead Insurance from an “outperform” rating to a “market perform” rating and set a $90.00 price target on the stock. in a research note on Thursday, August 22nd. One investment analyst has rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $89.40.

Goosehead Insurance Stock Performance

Shares of GSHD stock opened at $108.13 on Friday. Goosehead Insurance, Inc has a 52-week low of $50.47 and a 52-week high of $108.16. The company has a quick ratio of 1.14, a current ratio of 1.13 and a debt-to-equity ratio of 2.31. The stock has a market cap of $4.11 billion, a PE ratio of 174.40, a price-to-earnings-growth ratio of 4.72 and a beta of 1.35. The business has a 50-day simple moving average of $88.55 and a 200-day simple moving average of $72.76.

Goosehead Insurance (NASDAQ:GSHD) last announced its quarterly earnings results on Wednesday, October 23rd. The company reported $0.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.45 by $0.05. The company had revenue of $78.04 million during the quarter, compared to the consensus estimate of $80.54 million. Goosehead Insurance had a return on equity of 244.15% and a net margin of 6.71%. Goosehead Insurance’s revenue for the quarter was up 9.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.28 earnings per share. On average, equities analysts expect that Goosehead Insurance, Inc will post 0.76 EPS for the current 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.