Goosehead Insurance, Inc (NASDAQ:GSHD) Director Acquires $18,775.00 in Stock

Goosehead Insurance, Inc (NASDAQ:GSHDGet Free Report) Director Waded Cruzado purchased 250 shares of the business’s stock in a transaction on Wednesday, February 28th. The shares were acquired at an average cost of $75.10 per share, with a total value of $18,775.00. Following the acquisition, the director now directly owns 343 shares in the company, valued at $25,759.30. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Goosehead Insurance Price Performance

Goosehead Insurance stock opened at $76.59 on Wednesday. The stock’s 50 day moving average is $77.68 and its 200 day moving average is $73.55. The company has a debt-to-equity ratio of 4.02, a current ratio of 1.82 and a quick ratio of 1.82. The firm has a market cap of $2.91 billion, a P/E ratio of 134.37, a P/E/G ratio of 2.90 and a beta of 1.29. Goosehead Insurance, Inc has a one year low of $46.77 and a one year high of $92.76.

Hedge Funds Weigh In On Goosehead Insurance

Several institutional investors have recently added to or reduced their stakes in GSHD. Group One Trading L.P. acquired a new position in Goosehead Insurance in the first quarter valued at approximately $59,000. HighTower Advisors LLC lifted its stake in Goosehead Insurance by 16.6% in the first quarter. HighTower Advisors LLC now owns 3,167 shares of the company’s stock valued at $248,000 after buying an additional 450 shares during the period. Cetera Advisor Networks LLC acquired a new position in Goosehead Insurance in the first quarter valued at approximately $519,000. Bank of Montreal Can lifted its stake in Goosehead Insurance by 47.6% in the first quarter. Bank of Montreal Can now owns 13,023 shares of the company’s stock valued at $1,120,000 after buying an additional 4,202 shares during the period. Finally, MetLife Investment Management LLC lifted its stake in Goosehead Insurance by 53.5% in the first quarter. MetLife Investment Management LLC now owns 9,763 shares of the company’s stock valued at $767,000 after buying an additional 3,404 shares during the period.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. TD Cowen assumed coverage on Goosehead Insurance in a report on Wednesday, January 10th. They set an “outperform” rating and a $105.00 target price for the company. Truist Financial raised their price target on Goosehead Insurance from $65.00 to $75.00 and gave the stock a “hold” rating in a research report on Wednesday, January 31st. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $83.29.

Check Out Our Latest Research Report on GSHD

Goosehead Insurance Company Profile

(Get Free Report)

Goosehead Insurance, Inc operates as a holding company for Goosehead Financial, LLC that provides personal lines insurance agency services in the United States. It 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.

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Insider Buying and Selling by Quarter for Goosehead Insurance (NASDAQ:GSHD)

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