2,306 Shares in Goosehead Insurance, Inc (NASDAQ:GSHD) Acquired by Entropy Technologies LP

Entropy Technologies LP purchased a new position in shares of Goosehead Insurance, Inc (NASDAQ:GSHD - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 2,306 shares of the company's stock, valued at approximately $247,000.

Several other large investors also recently bought and sold shares of the business. Whittier Trust Co. of Nevada Inc. acquired a new position in shares of Goosehead Insurance during the 3rd quarter worth approximately $29,000. GAMMA Investing LLC lifted its position in Goosehead Insurance by 195.8% during the third quarter. GAMMA Investing LLC now owns 349 shares of the company's stock worth $31,000 after buying an additional 231 shares in the last quarter. R Squared Ltd acquired a new position in Goosehead Insurance during the fourth quarter worth $39,000. Blue Trust Inc. grew its holdings in Goosehead Insurance by 567.6% in the 3rd quarter. Blue Trust Inc. now owns 474 shares of the company's stock valued at $42,000 after buying an additional 403 shares in the last quarter. Finally, Financial Management Professionals Inc. acquired a new stake in shares of Goosehead Insurance in the 3rd quarter worth $60,000.

Goosehead Insurance Trading Down 0.2 %

NASDAQ:GSHD traded down $0.20 during trading hours on Monday, reaching $115.18. 165,229 shares of the stock were exchanged, compared to its average volume of 240,505. Goosehead Insurance, Inc has a twelve month low of $50.47 and a twelve month high of $130.39. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 37.70. The business has a 50-day moving average of $108.10 and a two-hundred day moving average of $101.83. The company has a market capitalization of $4.27 billion, a price-to-earnings ratio of 159.97, a PEG ratio of 5.05 and a beta of 1.43.

Goosehead Insurance Increases Dividend

The company also recently announced a dividend, which was paid on Friday, January 31st. Investors of record on Tuesday, January 21st were issued a dividend of $5.91 per share. This is a boost from Goosehead Insurance's previous dividend of $1.63. The ex-dividend date of this dividend was Tuesday, January 21st.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on GSHD. BMO Capital Markets boosted their price target on shares of Goosehead Insurance from $90.00 to $120.00 and gave the company a "market perform" rating in a research report on Tuesday, November 19th. Piper Sandler boosted their target price on shares of Goosehead Insurance from $103.00 to $122.00 and gave the company an "overweight" rating in a report on Monday, October 28th. JPMorgan Chase & Co. raised their price target on shares of Goosehead Insurance from $77.00 to $90.00 and gave the stock a "neutral" rating in a report on Friday, January 3rd. TD Cowen upped their price objective on Goosehead Insurance from $94.00 to $130.00 and gave the company a "hold" rating in a report on Wednesday, November 20th. Finally, Royal Bank of Canada increased their price objective on Goosehead Insurance from $95.00 to $109.00 and gave the stock an "outperform" rating in a research report on Thursday, October 24th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and five have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $99.20.

About Goosehead Insurance

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.