1 week Ago By ABMN Staff
Goosehead Insurance, Inc ( NASDAQ:GSHD – Get Free Report ) shares 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 trading hands.
Wall Street Analysts Forecast Growth A number of research firms have issued reports on GSHD. UBS Group increased their target price on Goosehead Insurance from $120.00 to $145.
00 and gave the stock a “buy” rating in a report on Friday, March 7th. Keefe, Bruyette & Woods lifted their target price on Goosehead Insurance from $110.00 to $127.
00 and gave the company an “outperform” rating in a research report on Wednesday, February 26th. Bank of America boosted their target price on Goosehead Insurance from $39.00 to $43.
00 and gave the company an “underperform” rating in a research note on Tuesday, February 25th. JPMorgan Chase & Co. raised their price target on shares of Goosehead Insurance from $90.
00 to $100.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 8th. Finally, Piper Sandler cut their price objective on shares of Goosehead Insurance from $132.
00 to $122.00 and set an “overweight” rating on the stock in a research report on Wednesday. One analyst has rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating to the company’s stock.
Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $110.10. Check Out Our Latest Analysis on GSHD Goosehead Insurance Stock Performance Insider Buying and Selling at Goosehead Insurance In other news, CFO Mark E.
Jr. Jones purchased 1,010 shares of the business’s stock in a transaction dated Friday, February 28th. The stock was bought at an average price of $118.
02 per share, with a total value of $119,200.20. Following the acquisition, the chief financial officer now owns 2,342 shares in the company, valued at approximately $276,402.
84. The trade was a 75.83 % increase in their position.
The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink . Also, Chairman Mark Evan Jones sold 40,000 shares of the company’s stock in a transaction on 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 sale, the chairman now owns 38,951 shares of the company’s stock, valued at $4,636,727.
04. The trade was a 50.66 % decrease in their ownership of the stock.
The disclosure for this sale can be found here . Insiders sold 308,812 shares of company stock valued at $37,392,258 in the last three months. Corporate insiders own 37.
76% of the company’s stock. Hedge Funds Weigh In On Goosehead Insurance Several institutional investors and hedge funds have recently added to or reduced their stakes in GSHD. Vanguard Group Inc.
grew its stake in shares of Goosehead Insurance by 0.8% during the fourth quarter. Vanguard Group Inc.
now owns 2,499,479 shares of the company’s stock worth $267,994,000 after buying an additional 19,980 shares during the last quarter. State Street Corp grew its position in Goosehead Insurance by 21.2% during the 3rd quarter.
State Street Corp now owns 1,059,298 shares of the company’s stock worth $94,595,000 after acquiring an additional 185,037 shares during the last quarter. American Century Companies Inc. increased its holdings in Goosehead Insurance by 51.
4% in the 4th quarter. American Century Companies Inc. now owns 649,104 shares of the company’s stock worth $69,597,000 after purchasing an additional 220,267 shares in the last quarter.
Geode Capital Management LLC raised its position in Goosehead Insurance by 0.9% in the third quarter. Geode Capital Management LLC now owns 643,514 shares of the company’s stock valued at $57,476,000 after purchasing an additional 5,969 shares during the last quarter.
Finally, Whitebark Investors LP acquired a new stake in shares of Goosehead Insurance during the fourth quarter valued at about $55,326,000. 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. 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.
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