Goosehead Insurance, Inc (NASDAQ:GSHD – Get Free Report) CEO Mark Miller sold 58,327 shares of Goosehead Insurance stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $110.22, for a total transaction of $6,428,801.94. Following the sale, the chief executive officer now owns 30,000 shares of the company’s stock, valued at approximately $3,306,600. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
Goosehead Insurance Trading Up 1.8 %
NASDAQ GSHD traded up $1.98 during trading on Friday, hitting $113.00. The company had a trading volume of 223,959 shares, compared to its average volume of 292,368. The company’s fifty day moving average is $93.67 and its 200-day moving average is $76.28. Goosehead Insurance, Inc has a one year low of $50.47 and a one year high of $115.00. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 37.70. The company has a market cap of $4.19 billion, a price-to-earnings ratio of 154.20, a price-to-earnings-growth ratio of 4.10 and a beta of 1.32.
Goosehead Insurance (NASDAQ:GSHD – Get Free Report) last posted its earnings results on Wednesday, October 23rd. The company reported $0.50 earnings per share for the quarter, topping analysts’ consensus estimates of $0.45 by $0.05. Goosehead Insurance had a return on equity of 284.41% and a net margin of 6.77%. The firm had revenue of $78.04 million for the quarter, compared to the consensus estimate of $80.54 million. During the same quarter in the prior year, the business earned $0.28 EPS. The business’s revenue for the quarter was up 9.9% on a year-over-year basis. On average, sell-side analysts predict that Goosehead Insurance, Inc will post 0.84 earnings per share for the current year.
Institutional Inflows and Outflows
Analyst Upgrades and Downgrades
Several equities research analysts have issued reports on the company. TD Cowen lowered Goosehead Insurance from a “buy” rating to a “hold” rating and dropped their price target for the stock from $98.00 to $94.00 in a research note on Thursday, August 15th. Piper Sandler boosted their price objective on shares of Goosehead Insurance from $103.00 to $122.00 and gave the stock an “overweight” rating in a report on Monday, October 28th. Royal Bank of Canada increased their target price on shares of Goosehead Insurance from $95.00 to $109.00 and gave the company an “outperform” rating in a report on Thursday, October 24th. JPMorgan Chase & Co. lifted their price objective on Goosehead Insurance from $65.00 to $77.00 and gave the stock a “neutral” rating in a report on Monday, August 12th. Finally, Truist Financial increased their target price on Goosehead Insurance from $65.00 to $80.00 and gave the company a “hold” rating in a report on Friday, October 4th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $91.30.
Get Our Latest Stock Report on Goosehead Insurance
About Goosehead Insurance
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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