Goosehead Insurance, Inc (NASDAQ:GSHD – Get Free Report) CEO Mark Miller sold 58,327 shares of the stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $110.22, for a total value 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 document filed with the SEC, which is accessible through this hyperlink.
Goosehead Insurance Stock Performance
Shares of Goosehead Insurance stock traded up $1.98 during mid-day trading on Friday, hitting $113.00. 223,959 shares of the stock were exchanged, compared to its average volume of 292,368. Goosehead Insurance, Inc has a 12 month low of $50.47 and a 12 month high of $115.00. The company has a 50-day simple moving average of $93.67 and a 200 day simple moving average of $76.28. The company has a market capitalization of $4.19 billion, a P/E ratio of 154.20, a P/E/G ratio of 4.10 and a beta of 1.32. The company has a debt-to-equity ratio of 37.70, a quick ratio of 1.55 and a current ratio of 1.55.
Goosehead Insurance (NASDAQ:GSHD – Get Free Report) last posted its quarterly earnings data on Wednesday, October 23rd. The company reported $0.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.45 by $0.05. The business had revenue of $78.04 million during the quarter, compared to the consensus estimate of $80.54 million. Goosehead Insurance had a net margin of 6.77% and a return on equity of 284.41%. The firm’s quarterly revenue was up 9.9% compared to the same quarter last year. During the same quarter last year, the company posted $0.28 earnings per share. Sell-side analysts anticipate that Goosehead Insurance, Inc will post 0.84 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Goosehead Insurance
Analyst Ratings Changes
Several research firms recently commented on GSHD. Royal Bank of Canada raised their target price on Goosehead Insurance from $95.00 to $109.00 and gave the stock an “outperform” rating in a research note on Thursday, October 24th. JMP Securities boosted their target price on shares of Goosehead Insurance from $100.00 to $115.00 and gave the company a “market outperform” rating in a research report on Thursday, October 24th. UBS Group raised their price target on shares of Goosehead Insurance from $92.00 to $105.00 and gave the stock a “buy” rating in a report on Wednesday, July 31st. Piper Sandler upped their price objective on shares of Goosehead Insurance from $103.00 to $122.00 and gave the company an “overweight” rating in a report on Monday, October 28th. Finally, Truist Financial boosted their target price on Goosehead Insurance from $65.00 to $80.00 and gave the company a “hold” rating in a research report on Friday, October 4th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $91.30.
Check Out Our Latest Stock Analysis on GSHD
Goosehead Insurance Company 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.
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