4,073 Shares in Goosehead Insurance, Inc (NASDAQ:GSHD) Purchased by Dark Forest Capital Management LP

Dark Forest Capital Management LP purchased a new stake in Goosehead Insurance, Inc (NASDAQ:GSHD - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 4,073 shares of the company's stock, valued at approximately $437,000.

A number of other institutional investors have also made changes to their positions in the business. Alberta Investment Management Corp raised its position in Goosehead Insurance by 232.8% during the fourth quarter. Alberta Investment Management Corp now owns 36,588 shares of the company's stock worth $3,923,000 after acquiring an additional 25,595 shares in the last quarter. KLP Kapitalforvaltning AS acquired a new stake in shares of Goosehead Insurance in the fourth quarter valued at approximately $536,000. Principal Financial Group Inc. raised 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 in the last quarter. Great Lakes Advisors LLC acquired a new position in Goosehead Insurance during the fourth quarter valued at approximately $8,737,000. Finally, Amundi bought a new stake in shares of Goosehead Insurance during the fourth quarter worth $1,902,000.

Analysts Set New Price Targets

Several analysts recently weighed in on GSHD shares. BMO Capital Markets reduced their price objective on shares of Goosehead Insurance from $148.00 to $142.00 and set a "market perform" rating on the stock in a research note on Monday. UBS Group cut their target price on Goosehead Insurance from $145.00 to $140.00 and set a "buy" rating on the stock in a research report on Monday. JMP Securities reissued a "market outperform" rating and issued a $150.00 price objective on shares of Goosehead Insurance in a research report on Thursday, April 24th. JPMorgan Chase & Co. lowered their target price on Goosehead Insurance from $100.00 to $98.00 and set a "neutral" rating on the stock in a research note on Thursday, April 24th. Finally, Keefe, Bruyette & Woods boosted their target price on Goosehead Insurance from $125.00 to $130.00 and gave the company an "outperform" rating in a research note on Thursday, April 24th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $115.40.

Goosehead Insurance Price Performance

NASDAQ GSHD traded down $0.09 during trading on Thursday, reaching $97.12. The company's stock had a trading volume of 235,845 shares, compared to its average volume of 275,788. The stock has a market capitalization of $3.62 billion, a PE ratio of 134.89, 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. The firm has a fifty day moving average of $112.56 and a 200 day moving average of $111.32. Goosehead Insurance, Inc has a one year low of $54.80 and a one year high of $130.39.

Goosehead Insurance (NASDAQ:GSHD - Get Free Report) last posted its quarterly earnings data on Wednesday, April 23rd. The company reported $0.26 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.24 by $0.02. The firm had revenue of $75.58 million during the quarter, compared to analysts' expectations of $78.59 million. Goosehead Insurance had a return on equity of 284.41% and a net margin of 6.77%. The company's revenue for the quarter was up 17.2% compared to the same quarter last year. During the same period in the prior year, the business earned $0.28 EPS. Analysts expect that Goosehead Insurance, Inc will post 0.83 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CFO Mark E. Jr. Jones acquired 1,010 shares of Goosehead Insurance stock in a transaction on Friday, February 28th. The shares were acquired at an average cost of $118.02 per share, with a total value of $119,200.20. Following the transaction, the chief financial officer now owns 2,342 shares in the company, 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 link. Also, Director Thomas Mcconnon sold 205,000 shares of the business's stock in a transaction on Friday, February 28th. The shares were sold at an average price of $121.35, for a total transaction of $24,876,750.00. Following the transaction, the director now directly owns 339,008 shares in the company, valued at approximately $41,138,620.80. The trade was a 37.68 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 308,812 shares of company stock valued at $37,392,258 over the last three months. 48.35% of the stock is owned by company insiders.

Goosehead Insurance 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.