B. Metzler seel. Sohn & Co. AG Sells 4,638 Shares of Goosehead Insurance, Inc (NASDAQ:GSHD)

B. Metzler seel. Sohn & Co. AG decreased its position in Goosehead Insurance, Inc (NASDAQ:GSHD - Free Report) by 20.9% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 17,507 shares of the company's stock after selling 4,638 shares during the period. B. Metzler seel. Sohn & Co. AG's holdings in Goosehead Insurance were worth $1,877,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Louisiana State Employees Retirement System boosted its position in Goosehead Insurance by 0.9% during the fourth quarter. Louisiana State Employees Retirement System now owns 11,800 shares of the company's stock valued at $1,265,000 after purchasing an additional 100 shares during the last quarter. Mechanics Bank Trust Department lifted its stake in Goosehead Insurance by 4.5% in the 4th quarter. Mechanics Bank Trust Department now owns 2,552 shares of the company's stock valued at $274,000 after purchasing an additional 109 shares during the last quarter. New York State Teachers Retirement System grew its holdings in 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 worth $1,444,000 after purchasing an additional 204 shares during the period. Los Angeles Capital Management LLC increased its position in Goosehead Insurance by 2.4% during the fourth quarter. Los Angeles Capital Management LLC now owns 8,942 shares of the company's stock worth $959,000 after buying an additional 210 shares during the last quarter. Finally, Pictet Asset Management Holding SA raised its stake in Goosehead Insurance by 10.0% in the fourth quarter. Pictet Asset Management Holding SA now owns 2,792 shares of the company's stock valued at $299,000 after buying an additional 254 shares during the period.

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Insider Buying and Selling

In other Goosehead Insurance news, CFO Mark E. Jr. Jones acquired 1,010 shares of the company's stock in a transaction dated Friday, February 28th. The shares were bought at an average cost of $118.02 per share, with a total value of $119,200.20. Following the purchase, the chief financial officer now directly owns 2,342 shares of the company's stock, valued at $276,402.84. This trade represents a 75.83 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder & Robyn Jones Descendants Mark sold 19,600 shares of the business'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 transaction, the insider now owns 132,349 shares in the company, valued at $16,290,838.41. The trade was a 12.90 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 308,812 shares of company stock valued at $37,392,258 over the last quarter. Insiders own 48.35% of the company's stock.

Goosehead Insurance Price Performance

Goosehead Insurance stock traded down $3.47 during mid-day trading on Monday, reaching $104.25. The company had a trading volume of 126,876 shares, compared to its average volume of 279,287. Goosehead Insurance, Inc has a fifty-two week low of $50.47 and a fifty-two week high of $130.39. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 37.70. The company has a market cap of $3.87 billion, a P/E ratio of 145.29, a P/E/G ratio of 5.17 and a beta of 1.48. The business has a fifty day simple moving average of $114.69 and a 200 day simple moving average of $109.62.

Goosehead Insurance Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, January 31st. Stockholders of record on Tuesday, January 21st were paid a $5.91 dividend. This is a positive change from Goosehead Insurance's previous dividend of $1.63. The ex-dividend date was Tuesday, January 21st. Goosehead Insurance's dividend payout ratio is currently 400.00%.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the company. JPMorgan Chase & Co. raised their price target on Goosehead Insurance from $77.00 to $90.00 and gave the company a "neutral" rating in a report on Friday, January 3rd. Keefe, Bruyette & Woods raised their price objective on shares of Goosehead Insurance from $110.00 to $127.00 and gave the stock an "outperform" rating in a research report on Wednesday, February 26th. Truist Financial restated 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. Bank of America lifted their target price on Goosehead Insurance from $39.00 to $43.00 and gave the stock an "underperform" rating in a report on Tuesday, February 25th. Finally, UBS Group lifted their price objective on shares of Goosehead Insurance from $120.00 to $145.00 and gave the stock a "buy" rating in a research note on Friday, March 7th. One 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 company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $109.10.

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.