Goosehead Insurance (NASDAQ:GSHD – Get Free Report)’s stock price traded up 6.5% on Thursday after the company announced better than expected quarterly earnings. The stock traded as high as $54.54 and last traded at $54.7630. 361,204 shares were traded during trading, a decline of 27% from the average session volume of 496,886 shares. The stock had previously closed at $51.40.
The company reported $0.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.47 by $0.17. Goosehead Insurance had a net margin of 7.94% and a negative return on equity of 20.96%. The business had revenue of $95.63 million for the quarter, compared to the consensus estimate of $103.30 million. During the same period in the previous year, the firm earned $0.49 EPS. The company’s quarterly revenue was up 20.6% compared to the same quarter last year.
Goosehead Insurance News Roundup
Here are the key news stories impacting Goosehead Insurance this week:
- Positive Sentiment: Goosehead posted Q2 adjusted EPS of $0.64, above estimates, while total revenue rose 21% year over year to $113.4 million and adjusted EBITDA increased 30%, signaling continued operating momentum. Goosehead Insurance Announces Second Quarter 2026 Results
- Positive Sentiment: Policies in force grew 15% and total written premiums rose 14%, reinforcing the company’s growth trajectory in its core insurance brokerage business. Goosehead Insurance Announces Second Quarter 2026 Results
- Positive Sentiment: Keefe, Bruyette & Woods kept an “outperform” rating and still sees about 32% upside even after lowering its price target to $72 from $80, suggesting analysts remain constructive on the stock. Benzinga report on KBW price target cut
- Neutral Sentiment: The company announced CEO Mark Miller will retire at the end of 2026, with President and COO Mark Jones Jr. set to succeed him, reducing near-term leadership uncertainty but introducing a transition period. Goosehead Insurance Announces CEO Transition
- Neutral Sentiment: Revenue came in below Wall Street estimates despite the earnings beat, so some investors may focus on the top-line miss even as profitability improved. Goosehead Insurance earnings report
Analysts Set New Price Targets
Get Our Latest Analysis on Goosehead Insurance
Insider Buying and Selling at Goosehead Insurance
In other Goosehead Insurance news, major shareholder Patrick Ryan Langston acquired 2,800 shares of the business’s stock in a transaction on Friday, May 29th. The shares were acquired at an average price of $35.56 per share, for a total transaction of $99,568.00. Following the completion of the acquisition, the insider owned 7,800 shares in the company, valued at $277,368. This trade represents a 56.00% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO John Arthur Martin bought 5,000 shares of the firm’s stock in a transaction on Thursday, May 28th. The shares were acquired at an average cost of $34.73 per share, with a total value of $173,650.00. Following the purchase, the chief financial officer directly owned 5,000 shares of the company’s stock, valued at approximately $173,650. This represents a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last three months, insiders acquired 12,800 shares of company stock worth $480,718 and sold 219,192 shares worth $9,092,267. Corporate insiders own 38.07% of the company’s stock.
Hedge Funds Weigh In On Goosehead Insurance
Several institutional investors and hedge funds have recently modified their holdings of the stock. Handelsbanken Fonder AB raised its position in shares of Goosehead Insurance by 12.1% in the 2nd quarter. Handelsbanken Fonder AB now owns 6,500 shares of the company’s stock worth $315,000 after purchasing an additional 700 shares during the last quarter. MassMutual Private Wealth & Trust FSB increased its stake in Goosehead Insurance by 484.1% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 514 shares of the company’s stock valued at $25,000 after purchasing an additional 426 shares in the last quarter. Versant Capital Management Inc increased its stake in Goosehead Insurance by 471.9% during the 2nd quarter. Versant Capital Management Inc now owns 772 shares of the company’s stock valued at $37,000 after purchasing an additional 637 shares in the last quarter. Bank of America Corp DE raised its holdings in Goosehead Insurance by 28.2% in the first quarter. Bank of America Corp DE now owns 329,333 shares of the company’s stock worth $14,049,000 after buying an additional 72,527 shares during the last quarter. Finally, Janus Henderson Group PLC raised its holdings in Goosehead Insurance by 3,485.1% in the first quarter. Janus Henderson Group PLC now owns 386,906 shares of the company’s stock worth $16,506,000 after buying an additional 376,114 shares during the last quarter.
Goosehead Insurance Price Performance
The firm’s 50 day moving average price is $43.75 and its 200-day moving average price is $49.15. The stock has a market cap of $1.95 billion, a P/E ratio of 47.86, a P/E/G ratio of 1.90 and a beta of 1.41.
About Goosehead Insurance
Goosehead Insurance (NASDAQ: GSHD) is a technology-driven insurance agency that connects consumers with a broad range of personal and commercial insurance products through an extensive network of independent insurance advisors. The company specializes in homeowners, auto, flood, dwelling fire, umbrella, life, and commercial lines coverage, working with multiple national and regional carriers to offer tailored policies. By combining advanced quoting tools with local market expertise, Goosehead streamlines the insurance shopping process and helps clients find competitive coverage options.
Founded in 2003 and headquartered in Westlake, Texas, Goosehead has grown its footprint across more than 40 states in the U.S.
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