B. Metzler seel. Sohn & Co. Holding AG Takes $1.98 Million Position in Goosehead Insurance, Inc (NASDAQ:GSHD)

B. Metzler seel. Sohn & Co. Holding AG purchased a new position in shares of Goosehead Insurance, Inc (NASDAQ:GSHD - Free Report) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 22,145 shares of the company's stock, valued at approximately $1,978,000. B. Metzler seel. Sohn & Co. Holding AG owned 0.06% of Goosehead Insurance at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Kayne Anderson Rudnick Investment Management LLC lifted its holdings in Goosehead Insurance by 34.5% during the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 3,428,907 shares of the company's stock worth $196,956,000 after acquiring an additional 879,959 shares during the period. Vanguard Group Inc. lifted its holdings in Goosehead Insurance by 2.0% during the first quarter. Vanguard Group Inc. now owns 2,416,115 shares of the company's stock worth $160,962,000 after acquiring an additional 46,861 shares during the period. American Century Companies Inc. lifted its holdings in Goosehead Insurance by 35.7% during the second quarter. American Century Companies Inc. now owns 420,934 shares of the company's stock worth $24,179,000 after acquiring an additional 110,832 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of Goosehead Insurance by 14.9% in the second quarter. Dimensional Fund Advisors LP now owns 393,093 shares of the company's stock valued at $22,580,000 after buying an additional 51,023 shares during the period. Finally, Bank of New York Mellon Corp raised its stake in shares of Goosehead Insurance by 6.7% in the second quarter. Bank of New York Mellon Corp now owns 177,516 shares of the company's stock valued at $10,197,000 after buying an additional 11,139 shares during the period.

Insider Buying and Selling

In other news, Chairman Mark Evan Jones sold 8,977 shares of the company's stock in a transaction dated Monday, August 26th. The stock was sold at an average price of $82.33, for a total value of $739,076.41. Following the completion of the transaction, the chairman now directly owns 39,451 shares in the company, valued at approximately $3,248,000.83. This represents a 18.54 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Mark Miller sold 58,327 shares of the company's stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $110.22, for a total value of $6,428,801.94. Following the completion of the transaction, the chief executive officer now owns 30,000 shares of the company's stock, valued at $3,306,600. The trade was a 66.04 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 131,232 shares of company stock worth $13,425,876 over the last ninety days. 48.35% of the stock is owned by corporate insiders.

Goosehead Insurance Price Performance

Goosehead Insurance stock traded up $4.16 during midday trading on Friday, hitting $126.34. 206,165 shares of the company's stock were exchanged, compared to its average volume of 289,609. Goosehead Insurance, Inc has a 52-week low of $50.47 and a 52-week high of $127.60. The stock has a 50-day moving average price of $100.48 and a two-hundred day moving average price of $80.51. The company has a debt-to-equity ratio of 37.70, a quick ratio of 1.55 and a current ratio of 1.55. The company has a market cap of $4.69 billion, a P/E ratio of 175.47, a PEG ratio of 4.51 and a beta of 1.32.

Goosehead Insurance (NASDAQ:GSHD - Get Free Report) last posted its earnings results on Wednesday, October 23rd. The company reported $0.50 EPS for the quarter, topping the consensus estimate of $0.45 by $0.05. Goosehead Insurance had a return on equity of 284.41% and a net margin of 6.77%. The business had revenue of $78.04 million during the quarter, compared to analysts' expectations of $80.54 million. During the same period in the previous year, the business earned $0.28 earnings per share. The firm's revenue was up 9.9% on a year-over-year basis. On average, equities research analysts forecast that Goosehead Insurance, Inc will post 0.84 earnings per share for the current year.

Analyst Ratings Changes

GSHD has been the topic of several research reports. TD Cowen boosted their target price on Goosehead Insurance from $94.00 to $130.00 and gave the company a "hold" rating in a research note on Wednesday. Keefe, Bruyette & Woods restated an "outperform" rating and issued a $84.00 target price (down from $85.00) on shares of Goosehead Insurance in a research note on Friday, July 26th. Truist Financial boosted their target price on Goosehead Insurance from $65.00 to $80.00 and gave the company a "hold" rating in a research note on Friday, October 4th. JPMorgan Chase & Co. boosted their target price on Goosehead Insurance from $65.00 to $77.00 and gave the company a "neutral" rating in a research note on Monday, August 12th. Finally, BMO Capital Markets boosted their target price on Goosehead Insurance from $90.00 to $120.00 and gave the company a "market perform" rating in a research note on Tuesday. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $97.90.

Goosehead Insurance Company Profile

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.