1 week Ago By Defense World Staff
Shares of Goosehead Insurance, Inc (NASDAQ:GSHD – Get Free Report) gapped down prior to trading on Friday . The stock had previously closed at $111.03, but opened at $108.
20. Goosehead Insurance shares last traded at $106.84, with a volume of 29,278 shares changing hands.
Analyst Ratings ChangesSeveral equities analysts have weighed in on the company. Piper Sandler cut their target price on Goosehead Insurance from $132.00 to $122.
00 and set an “overweight” rating on the stock in a report on Wednesday. JPMorgan Chase & Co. increased their price target on Goosehead Insurance from $90.
00 to $100.00 and gave the company a “neutral” rating in a report on Tuesday, April 8th. UBS Group boosted their price objective on shares of Goosehead Insurance from $120.
00 to $145.00 and gave the stock a “buy” rating in a research note on Friday, March 7th. Keefe, Bruyette & Woods lifted their target price on shares of Goosehead Insurance from $110.
00 to $127.00 and gave the stock an “outperform” rating in a report on Wednesday, February 26th. Finally, Bank of America boosted their target price on shares of Goosehead Insurance from $39.
00 to $43.00 and gave the stock an “underperform” rating in a research report on Tuesday, February 25th. One analyst has rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the company.
According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $110.10.
Get Our Latest Analysis on Goosehead InsuranceGoosehead Insurance Trading Down 1.9 %The business’s 50-day simple moving average is $114.94 and its 200-day simple moving average is $110.
30. The company has a debt-to-equity ratio of 37.70, a quick ratio of 1.
55 and a current ratio of 1.55. The company has a market capitalization of $4.
06 billion, a price-to-earnings ratio of 151.35, a P/E/G ratio of 5.17 and a beta of 1.
48. Insider Activity at Goosehead InsuranceIn other news, Chairman Mark Evan Jones sold 40,000 shares of the company’s stock in a transaction dated Friday, February 28th. The stock was sold at an average price of $119.
04, for a total value of $4,761,600.00. Following the completion of the sale, the chairman now directly owns 38,951 shares of the company’s stock, valued at $4,636,727.
04. This represents a 50.66 % decrease in their position.
The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Mark E. Jr.
Jones purchased 1,010 shares of the business’s stock in a transaction that occurred on Friday, February 28th. The stock was purchased at an average price of $118.02 per share, for a total transaction of $119,200.
20. Following the completion of the transaction, the chief financial officer now directly owns 2,342 shares in the company, valued at $276,402.84.
This trade represents a 75.83 % increase in their ownership of the stock. The disclosure for this purchase can be found here.
Insiders have sold 308,812 shares of company stock worth $37,392,258 over the last ninety days. Company insiders own 37.76% of the company’s stock.
Institutional Investors Weigh In On Goosehead InsuranceHedge funds have recently bought and sold shares of the company. Geode Capital Management LLC increased its position in shares of Goosehead Insurance by 0.9% in the 3rd quarter.
Geode Capital Management LLC now owns 643,514 shares of the company’s stock valued at $57,476,000 after buying an additional 5,969 shares in the last quarter. Alberta Investment Management Corp raised its position in shares of Goosehead Insurance by 232.8% during the fourth quarter.
Alberta Investment Management Corp now owns 36,588 shares of the company’s stock worth $3,923,000 after purchasing an additional 25,595 shares during the period. KLP Kapitalforvaltning AS bought a new position in shares of Goosehead Insurance during the 4th quarter valued at about $536,000. Principal Financial Group Inc.
lifted its holdings in shares of Goosehead Insurance by 3.8% during the 4th quarter. Principal Financial Group Inc.
now owns 118,854 shares of the company’s stock valued at $12,744,000 after purchasing an additional 4,333 shares in the last quarter. Finally, Great Lakes Advisors LLC bought a new stake in Goosehead Insurance during the 4th quarter worth approximately $8,737,000. About Goosehead Insurance (Get Free Report)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.
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