Tudor Investment Corp ET AL Has $6.85 Million Stock Holdings in Goosehead Insurance, Inc (NASDAQ:GSHD)

Tudor Investment Corp ET AL trimmed its position in Goosehead Insurance, Inc (NASDAQ:GSHD - Free Report) by 36.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 63,879 shares of the company's stock after selling 36,489 shares during the quarter. Tudor Investment Corp ET AL owned approximately 0.17% of Goosehead Insurance worth $6,849,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in GSHD. Vanguard Group Inc. grew its holdings in shares of Goosehead Insurance by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 2,499,479 shares of the company's stock valued at $267,994,000 after acquiring an additional 19,980 shares in the last quarter. American Century Companies Inc. lifted its holdings in shares of Goosehead Insurance by 51.4% during the 4th quarter. American Century Companies Inc. now owns 649,104 shares of the company's stock valued at $69,597,000 after buying an additional 220,267 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Goosehead Insurance by 2.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 215,680 shares of the company's stock valued at $23,125,000 after buying an additional 5,459 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in Goosehead Insurance by 2.1% in the fourth quarter. Envestnet Asset Management Inc. now owns 119,990 shares of the company's stock worth $12,865,000 after buying an additional 2,471 shares during the last quarter. Finally, Principal Financial Group Inc. lifted its stake in Goosehead Insurance by 3.8% in the fourth quarter. Principal Financial Group Inc. now owns 118,854 shares of the company's stock valued at $12,744,000 after acquiring an additional 4,333 shares during the last quarter.

Insider Activity

In related news, Chairman Mark Evan Jones sold 40,000 shares of the company's stock in a transaction dated Friday, February 28th. The shares were sold at an average price of $119.04, for a total value of $4,761,600.00. Following the sale, the chairman now owns 38,951 shares of the company's stock, valued at $4,636,727.04. The trade was a 50.66 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Thomas Mcconnon sold 205,000 shares of the company's stock in a transaction that occurred on Friday, February 28th. The shares were sold at an average price of $121.35, for a total value of $24,876,750.00. Following the completion of the sale, the director now owns 339,008 shares in the company, valued at approximately $41,138,620.80. This represents a 37.68 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 308,812 shares of company stock worth $37,392,258. Company insiders own 48.35% of the company's stock.

Goosehead Insurance Stock Performance

GSHD stock traded down $1.43 on Tuesday, reaching $99.16. 50,240 shares of the company were exchanged, compared to its average volume of 273,395. The firm has a market capitalization of $3.72 billion, a PE ratio of 137.58, a PEG ratio of 5.17 and a beta of 1.45. Goosehead Insurance, Inc has a 12 month low of $54.80 and a 12 month high of $130.39. The stock's fifty day moving average price is $111.54 and its 200 day moving average price is $111.60. The company has a debt-to-equity ratio of 37.70, a current ratio of 1.55 and a quick ratio of 1.55.

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

Analysts Set New Price Targets

Several research analysts have recently commented on the stock. Bank of America increased their price target on shares of Goosehead Insurance from $39.00 to $43.00 and gave the stock an "underperform" rating in a research note on Tuesday, February 25th. JMP Securities restated a "market outperform" rating and set a $150.00 target price on shares of Goosehead Insurance in a report on Thursday, April 24th. Truist Financial reiterated a "hold" rating and set a $90.00 price target (up previously from $80.00) on shares of Goosehead Insurance in a research note on Tuesday, February 25th. JPMorgan Chase & Co. cut their price objective 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, Piper Sandler decreased their target price on Goosehead Insurance from $132.00 to $122.00 and set an "overweight" rating for the company in a research report on Wednesday, April 9th. One investment 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. Based on data from MarketBeat, Goosehead Insurance has an average rating of "Hold" and a consensus target price of $115.40.

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.