Goosehead Insurance (NASDAQ:GSHD) Major Shareholder Adrienne Kebodeaux Sells 5,000 Shares

Goosehead Insurance (NASDAQ:GSHD) major shareholder Adrienne Kebodeaux sold 5,000 shares of the company’s stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $65.20, for a total value of $326,000.00. Following the completion of the sale, the insider directly owned 280,027 shares in the company, valued at $18,257,760.40. This trade represents a 1.75% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

Goosehead Insurance Stock Down 9.7%

NASDAQ:GSHD opened at $63.86 on Friday. The company has a market capitalization of $2.27 billion, a PE ratio of 46.61, a price-to-earnings-growth ratio of 2.53 and a beta of 1.41. Goosehead Insurance has a 52-week low of $33.68 and a 52-week high of $93.90. The stock has a fifty day simple moving average of $46.47 and a 200-day simple moving average of $48.72.

Goosehead Insurance (NASDAQ:GSHD) last issued its quarterly earnings data on Wednesday, July 22nd. The company reported $0.64 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.17. Goosehead Insurance had a net margin of 8.78% and a negative return on equity of 21.00%. The firm had revenue of $95.63 million for the quarter, compared to analysts’ expectations of $103.30 million. During the same period in the prior year, the company earned $0.49 EPS. The firm’s revenue was up 20.6% on a year-over-year basis. As a group, equities analysts anticipate that Goosehead Insurance will post 1.45 earnings per share for the current year.

Key Goosehead Insurance News

Here are the key news stories impacting Goosehead Insurance this week:

• Positive Sentiment: Durable Capital Partners purchased 40,077 shares for approximately $2.47 million on July 27, after buying an additional 113,646 shares worth about $6.63 million on July 24. The purchases increased its position by 1.61% and suggest confidence from a large shareholder. Goosehead Insurance Major Shareholder Acquires Stock
• Neutral Sentiment: Analyst views remain mixed. JPMorgan has a neutral rating with a $60 target, while UBS and Cantor Fitzgerald remain bullish with targets of $72 and $76. The consensus rating is “Hold,” with an average price target of $68.45. Analysts Have Conflicting Sentiments on Goosehead Insurance
• Negative Sentiment: Major shareholders disclosed several sales totaling 137,519 shares and roughly $9.53 million. Robyn Jones Descendants Mark sold 125,000 shares for about $8.71 million, followed by smaller sales from Adrienne Kebodeaux, The Bear Irrevocable Trust and the Jones descendants. Although the Jones descendants still own approximately 6.87 million shares, the transactions may raise concerns about insider confidence and add to selling pressure. Goosehead Insurance Insider Sales Filing
• Negative Sentiment: Goosehead’s latest results showed adjusted strength in profitability, with earnings of $0.64 per share beating the $0.47 consensus estimate, but revenue of $95.63 million fell short of the $103.30 million forecast. Revenue still grew 20.6% year over year, though the stock’s elevated valuation—roughly 47 times earnings—leaves less room for disappointing growth.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the company. Phocas Financial Corp. acquired a new stake in Goosehead Insurance during the fourth quarter worth about $3,669,000. M&T Bank Corp raised its holdings in Goosehead Insurance by 1,075.4% in the fourth quarter. M&T Bank Corp now owns 115,834 shares of the company’s stock valued at $8,531,000 after buying an additional 105,979 shares during the period. Langdon Equity Partners acquired a new position in Goosehead Insurance during the fourth quarter valued at approximately $41,892,000. Northwestern Mutual Wealth Management Co. increased its position in shares of Goosehead Insurance by 43,893.9% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 65,111 shares of the company’s stock worth $4,795,000 after acquiring an additional 64,963 shares in the last quarter. Finally, UBS Group AG lifted its holdings in shares of Goosehead Insurance by 26.7% during the 4th quarter. UBS Group AG now owns 156,019 shares of the company’s stock valued at $11,491,000 after acquiring an additional 32,920 shares in the last quarter.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on GSHD shares. Keefe, Bruyette & Woods dropped their price target on Goosehead Insurance from $80.00 to $72.00 and set an “outperform” rating for the company in a research report on Thursday, July 23rd. Citizens Jmp reduced their target price on shares of Goosehead Insurance from $125.00 to $100.00 and set a “market outperform” rating on the stock in a report on Monday, April 13th. UBS Group lifted their price target on shares of Goosehead Insurance from $70.00 to $72.00 and gave the stock a “buy” rating in a report on Monday. Weiss Ratings raised shares of Goosehead Insurance from a “sell (d)” rating to a “sell (d+)” rating in a research note on Thursday, July 9th. Finally, Royal Bank Of Canada lifted their target price on shares of Goosehead Insurance from $55.00 to $58.00 and gave the stock a “sector perform” rating in a research note on Thursday, July 23rd. Seven investment analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $68.45.

Goosehead Insurance Company Profile

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.