Goosehead Insurance Inc (NASDAQ:GSHD) CFO Mark S. Colby sold 3,096 shares of the stock in a transaction dated Friday, May 17th. The shares were sold at an average price of $40.14, for a total transaction of $124,273.44. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Goosehead Insurance stock traded up $0.09 during trading on Monday, reaching $40.09. The stock had a trading volume of 412,226 shares, compared to its average volume of 142,994. Goosehead Insurance Inc has a 52-week low of $15.41 and a 52-week high of $41.36. The company has a market capitalization of $591.84 million and a P/E ratio of 200.45.

Goosehead Insurance (NASDAQ:GSHD) last issued its quarterly earnings results on Thursday, May 2nd. The company reported $0.16 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.16. Goosehead Insurance had a negative net margin of 9.36% and a negative return on equity of 17.75%. The company had revenue of $23.13 million during the quarter, compared to the consensus estimate of $21.30 million. The business’s quarterly revenue was up 58.6% compared to the same quarter last year. As a group, analysts predict that Goosehead Insurance Inc will post 0.45 EPS for the current year.

A number of institutional investors have recently modified their holdings of the stock. Wasatch Advisors Inc. lifted its stake in Goosehead Insurance by 20.7% in the first quarter. Wasatch Advisors Inc. now owns 1,564,556 shares of the company’s stock worth $43,620,000 after acquiring an additional 268,202 shares during the last quarter. Loomis Sayles & Co. L P lifted its stake in shares of Goosehead Insurance by 14.2% during the first quarter. Loomis Sayles & Co. L P now owns 716,032 shares of the company’s stock valued at $19,963,000 after acquiring an additional 89,243 shares during the period. BlackRock Inc. lifted its stake in shares of Goosehead Insurance by 12.9% during the first quarter. BlackRock Inc. now owns 598,011 shares of the company’s stock valued at $16,672,000 after acquiring an additional 68,178 shares during the period. Vanguard Group Inc lifted its stake in shares of Goosehead Insurance by 1.4% during the third quarter. Vanguard Group Inc now owns 393,504 shares of the company’s stock valued at $13,328,000 after acquiring an additional 5,416 shares during the period. Finally, Vanguard Group Inc. lifted its stake in shares of Goosehead Insurance by 1.4% during the third quarter. Vanguard Group Inc. now owns 393,504 shares of the company’s stock valued at $13,328,000 after acquiring an additional 5,416 shares during the period. Institutional investors own 75.04% of the company’s stock.

Several equities research analysts recently issued reports on the stock. Zacks Investment Research upgraded shares of Goosehead Insurance from a “sell” rating to a “hold” rating and set a $37.00 price objective for the company in a research report on Tuesday, May 7th. Bank of America restated a “buy” rating and set a $37.00 price objective (up from $35.00) on shares of Goosehead Insurance in a research report on Friday, May 3rd. ValuEngine upgraded shares of Goosehead Insurance from a “hold” rating to a “buy” rating in a research report on Wednesday, April 10th. Finally, Keefe, Bruyette & Woods set a $32.00 price objective on shares of Goosehead Insurance and gave the stock a “hold” rating in a research report on Tuesday, March 19th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $31.50.

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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.

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

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