2 weeks Ago By ABMN Staff
Bank of Montreal Can lifted its position in Goosehead Insurance, Inc ( NASDAQ:GSHD – Free Report ) by 7.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,366 shares of the company’s stock after purchasing an additional 307 shares during the quarter.
Bank of Montreal Can’s holdings in Goosehead Insurance were worth $468,000 at the end of the most recent reporting period. A number of other hedge funds also recently made changes to their positions in the company. Geode Capital Management LLC raised its holdings in shares of Goosehead Insurance by 0.
9% during the 3rd quarter. Geode Capital Management LLC now owns 643,514 shares of the company’s stock worth $57,476,000 after acquiring an additional 5,969 shares in the last quarter. Alberta Investment Management Corp raised its stake in Goosehead Insurance by 232.
8% during the fourth quarter. Alberta Investment Management Corp now owns 36,588 shares of the company’s stock valued at $3,923,000 after purchasing an additional 25,595 shares in the last quarter. KLP Kapitalforvaltning AS bought a new position in Goosehead Insurance during the fourth quarter valued at $536,000.
Principal Financial Group Inc. lifted its position in Goosehead Insurance by 3.8% during the fourth quarter.
Principal Financial Group Inc. now owns 118,854 shares of the company’s stock valued at $12,744,000 after purchasing an additional 4,333 shares during the last quarter. Finally, Great Lakes Advisors LLC purchased a new position in shares of Goosehead Insurance in the 4th quarter worth $8,737,000.
Analyst Upgrades and Downgrades GSHD has been the topic of several recent research reports. JPMorgan Chase & Co. upped their target price on shares of Goosehead Insurance from $90.
00 to $100.00 and gave the company a “neutral” rating in a research report on Tuesday, April 8th. UBS Group raised their price objective on Goosehead Insurance from $120.
00 to $145.00 and gave the company a “buy” rating in a research note on Friday, March 7th. Piper Sandler dropped their target price on Goosehead Insurance from $132.
00 to $122.00 and set an “overweight” rating for the company in a report on Wednesday, April 9th. Bank of America increased their price target on Goosehead Insurance from $39.
00 to $43.00 and gave the company an “underperform” rating in a report on Tuesday, February 25th. Finally, Truist Financial reiterated a “hold” rating and set a $90.
00 price objective (up previously from $80.00) on shares of Goosehead Insurance in a research report on Tuesday, February 25th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and five have issued a buy rating to the stock.
According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $110.10.
Goosehead Insurance Trading Down 8.0 % GSHD stock opened at $98.45 on Tuesday.
The company has a market capitalization of $3.67 billion, a PE ratio of 136.74, a P/E/G ratio of 5.
17 and a beta of 1.48. The company has a debt-to-equity ratio of 37.
70, a current ratio of 1.55 and a quick ratio of 1.55.
Goosehead Insurance, Inc has a 12 month low of $50.47 and a 12 month high of $130.39.
The firm’s 50-day moving average is $114.66 and its 200 day moving average is $111.19.
Insider Transactions at Goosehead Insurance In related news, major shareholder & Robyn Jones Descendants Mark sold 43,712 shares of the company’s stock in a transaction dated Monday, March 24th. The shares were sold at an average price of $120.82, for a total value of $5,281,283.
84. Following the completion of the sale, the insider now directly owns 132,349 shares of the company’s stock, valued at $15,990,406.18.
This represents a 24.83 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website .
Also, CFO Mark E. Jr. Jones bought 1,010 shares of the business’s stock in a transaction on Friday, February 28th.
The shares were acquired at an average cost of $118.02 per share, for a total transaction of $119,200.20.
Following the transaction, the chief financial officer now directly owns 2,342 shares in the company, valued at approximately $276,402.84. This trade represents a 75.
83 % increase in their position. The disclosure for this purchase can be found here . Over the last three months, insiders have sold 308,812 shares of company stock valued at $37,392,258.
48.35% of the stock is currently owned by company insiders. Goosehead Insurance Company Profile ( Free Report ) 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. Read More Want to see what other hedge funds are holding GSHD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Goosehead Insurance, Inc ( NASDAQ:GSHD – Free Report ).
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