Blair William & Co. IL Sells 4,147 Shares of Goosehead Insurance, Inc (NASDAQ:GSHD)

Blair William & Co. IL lowered its holdings in shares of Goosehead Insurance, Inc (NASDAQ:GSHD - Free Report) by 22.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,596 shares of the company's stock after selling 4,147 shares during the period. Blair William & Co. IL's holdings in Goosehead Insurance were worth $1,565,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Louisiana State Employees Retirement System raised its position in shares of Goosehead Insurance by 0.9% in the 4th quarter. Louisiana State Employees Retirement System now owns 11,800 shares of the company's stock worth $1,265,000 after purchasing an additional 100 shares during the last quarter. Mechanics Bank Trust Department lifted its stake in shares of Goosehead Insurance by 4.5% in the fourth quarter. Mechanics Bank Trust Department now owns 2,552 shares of the company's stock worth $274,000 after buying an additional 109 shares in the last quarter. New York State Teachers Retirement System grew its holdings in shares of Goosehead Insurance by 1.5% during the fourth quarter. New York State Teachers Retirement System now owns 13,468 shares of the company's stock valued at $1,444,000 after buying an additional 204 shares during the last quarter. Los Angeles Capital Management LLC increased its position in shares of Goosehead Insurance by 2.4% during the fourth quarter. Los Angeles Capital Management LLC now owns 8,942 shares of the company's stock valued at $959,000 after acquiring an additional 210 shares in the last quarter. Finally, Precision Wealth Strategies LLC increased its position in shares of Goosehead Insurance by 5.7% during the fourth quarter. Precision Wealth Strategies LLC now owns 4,726 shares of the company's stock valued at $507,000 after acquiring an additional 256 shares in the last quarter.

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Insider Transactions at Goosehead Insurance

In other news, major shareholder & Robyn Jones Descendants Mark sold 19,600 shares of the firm's stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of $123.09, for a total transaction of $2,412,564.00. Following the sale, the insider now directly owns 132,349 shares in the company, valued at $16,290,838.41. This trade represents a 12.90 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Thomas Mcconnon sold 205,000 shares of the company's stock in a transaction on Friday, February 28th. The stock was sold at an average price of $121.35, for a total transaction of $24,876,750.00. Following the completion of the transaction, the director now directly owns 339,008 shares of the company's stock, valued at $41,138,620.80. This represents a 37.68 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 308,812 shares of company stock valued at $37,392,258 over the last quarter. 48.35% of the stock is currently owned by company insiders.

Goosehead Insurance Stock Performance

Shares of GSHD stock traded down $13.15 during mid-day trading on Friday, reaching $107.72. 390,647 shares of the company's stock traded hands, compared to its average volume of 279,862. 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 firm has a market capitalization of $4.00 billion, a PE ratio of 149.61, a price-to-earnings-growth ratio of 5.17 and a beta of 1.48. Goosehead Insurance, Inc has a 12 month low of $50.47 and a 12 month high of $130.39. The firm has a 50 day moving average price of $114.69 and a two-hundred day moving average price of $109.62.

Goosehead Insurance Increases Dividend

The business also recently declared a dividend, which was paid on Friday, January 31st. Shareholders of record on Tuesday, January 21st were given a $5.91 dividend. This is a boost from Goosehead Insurance's previous dividend of $1.63. The ex-dividend date was Tuesday, January 21st. Goosehead Insurance's dividend payout ratio is presently 400.00%.

Analyst Upgrades and Downgrades

GSHD has been the subject of a number of research analyst reports. JPMorgan Chase & Co. lifted their target price on Goosehead Insurance from $77.00 to $90.00 and gave the stock a "neutral" rating in a report on Friday, January 3rd. UBS Group upped their target price on shares of Goosehead Insurance from $120.00 to $145.00 and gave the company a "buy" rating in a research note on Friday, March 7th. Truist Financial reiterated a "hold" rating and issued a $90.00 price target (up from $80.00) on shares of Goosehead Insurance in a research note on Tuesday, February 25th. Keefe, Bruyette & Woods increased their price objective on shares of Goosehead Insurance from $110.00 to $127.00 and gave the company an "outperform" rating in a research report on Wednesday, February 26th. Finally, Bank of America lifted their target price on shares of Goosehead Insurance from $39.00 to $43.00 and gave the stock an "underperform" rating in a research report on Tuesday, February 25th. One analyst has rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $109.10.

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.