Goosehead Insurance Inc (NASDAQ:GSHD) Major Shareholder Robyn Mary Elizabeth Jones Sells 27,301 Shares

Goosehead Insurance Inc (NASDAQ:GSHD) major shareholder Robyn Mary Elizabeth Jones sold 27,301 shares of the business’s stock in a transaction dated Thursday, February 13th. The shares were sold at an average price of $55.81, for a total value of $1,523,668.81. Following the sale, the insider now directly owns 742,390 shares of the company’s stock, valued at approximately $41,432,785.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Robyn Mary Elizabeth Jones also recently made the following trade(s):

  • On Monday, February 10th, Robyn Mary Elizabeth Jones sold 24,276 shares of Goosehead Insurance stock. The shares were sold at an average price of $54.53, for a total value of $1,323,770.28.
  • On Wednesday, January 15th, Robyn Mary Elizabeth Jones sold 21,026 shares of Goosehead Insurance stock. The shares were sold at an average price of $45.10, for a total value of $948,272.60.
  • On Monday, January 13th, Robyn Mary Elizabeth Jones sold 31,510 shares of Goosehead Insurance stock. The shares were sold at an average price of $44.52, for a total value of $1,402,825.20.
  • On Thursday, January 9th, Robyn Mary Elizabeth Jones sold 12,978 shares of Goosehead Insurance stock. The shares were sold at an average price of $44.46, for a total value of $577,001.88.
  • On Tuesday, January 7th, Robyn Mary Elizabeth Jones sold 13,900 shares of Goosehead Insurance stock. The shares were sold at an average price of $44.61, for a total value of $620,079.00.
  • On Wednesday, December 18th, Robyn Mary Elizabeth Jones sold 45,830 shares of Goosehead Insurance stock. The shares were sold at an average price of $41.98, for a total value of $1,923,943.40.
  • On Friday, December 13th, Robyn Mary Elizabeth Jones sold 3,905 shares of Goosehead Insurance stock. The shares were sold at an average price of $40.02, for a total value of $156,278.10.
  • On Friday, December 6th, Robyn Mary Elizabeth Jones sold 24,754 shares of Goosehead Insurance stock. The stock was sold at an average price of $40.54, for a total value of $1,003,527.16.
  • On Tuesday, December 10th, Robyn Mary Elizabeth Jones sold 1,500 shares of Goosehead Insurance stock. The stock was sold at an average price of $40.01, for a total value of $60,015.00.
  • On Monday, December 2nd, Robyn Mary Elizabeth Jones sold 14,422 shares of Goosehead Insurance stock. The stock was sold at an average price of $40.13, for a total value of $578,754.86.

Shares of NASDAQ GSHD opened at $55.35 on Friday. Goosehead Insurance Inc has a 1-year low of $24.05 and a 1-year high of $56.91. The business has a 50-day moving average of $47.50 and a 200-day moving average of $45.55. The company has a market capitalization of $841.87 million, a price-to-earnings ratio of 190.87, a PEG ratio of 1.88 and a beta of 0.04.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Kayne Anderson Rudnick Investment Management LLC lifted its stake in shares of Goosehead Insurance by 691.4% in the fourth quarter. Kayne Anderson Rudnick Investment Management LLC now owns 1,751,852 shares of the company’s stock worth $74,278,000 after acquiring an additional 1,530,493 shares in the last quarter. Blair William & Co. IL lifted its stake in shares of Goosehead Insurance by 44.3% in the fourth quarter. Blair William & Co. IL now owns 763,224 shares of the company’s stock worth $32,361,000 after acquiring an additional 234,230 shares in the last quarter. Zevenbergen Capital Investments LLC lifted its stake in shares of Goosehead Insurance by 21.5% in the fourth quarter. Zevenbergen Capital Investments LLC now owns 555,682 shares of the company’s stock worth $23,561,000 after acquiring an additional 98,485 shares in the last quarter. Vanguard Group Inc. lifted its stake in shares of Goosehead Insurance by 12.8% in the second quarter. Vanguard Group Inc. now owns 533,427 shares of the company’s stock worth $25,498,000 after acquiring an additional 60,653 shares in the last quarter. Finally, Ashford Capital Management Inc. lifted its stake in shares of Goosehead Insurance by 1.9% in the third quarter. Ashford Capital Management Inc. now owns 308,500 shares of the company’s stock worth $15,224,000 after acquiring an additional 5,700 shares in the last quarter. 88.88% of the stock is owned by institutional investors.

Several brokerages have recently weighed in on GSHD. Keefe, Bruyette & Woods upped their target price on Goosehead Insurance from $38.00 to $40.00 and gave the stock a “market perform” rating in a research report on Tuesday, November 5th. Royal Bank of Canada began coverage on Goosehead Insurance in a research report on Tuesday, December 17th. They issued an “outperform” rating and a $50.00 target price for the company. Zacks Investment Research raised Goosehead Insurance from a “sell” rating to a “hold” rating in a research report on Thursday, January 23rd. Finally, ValuEngine downgraded Goosehead Insurance from a “hold” rating to a “sell” rating in a research report on Wednesday, December 4th. One analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $51.60.

About Goosehead Insurance

Goosehead Insurance, Inc focuses on operating as a holding company for Goosehead Financial, LLC that provides personal lines insurance agency services in the United States. The company operates through two segments, Corporate Channel and Franchise Channel. It offers various insurance products, including homeowner's insurance; auto insurance; other personal lines products, such as flood, wind, and earthquake insurance; excess liability or umbrella insurance; specialty lines insurance comprising motorcycle, recreational vehicle, and other insurance; commercial lines insurance consisting of general liability, property, and auto insurance for small businesses; and life insurance.

Featured Article: How to calculate compound interest

Insider Buying and Selling by Quarter for Goosehead Insurance (NASDAQ:GSHD)

Receive News & Ratings for Goosehead Insurance Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Goosehead Insurance and related companies with MarketBeat.com's FREE daily email newsletter.