WINTON GROUP Ltd Trims Stock Holdings in Goosehead Insurance, Inc (NASDAQ:GSHD)

WINTON GROUP Ltd decreased its position in shares of Goosehead Insurance, Inc (NASDAQ:GSHD) by 17.8% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 11,153 shares of the company’s stock after selling 2,419 shares during the period. WINTON GROUP Ltd’s holdings in Goosehead Insurance were worth $1,196,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. R Squared Ltd purchased a new position in shares of Goosehead Insurance during the 4th quarter worth $39,000. Kestra Investment Management LLC purchased a new position in Goosehead Insurance during the fourth quarter worth about $63,000. GAMMA Investing LLC boosted its stake in Goosehead Insurance by 73.6% in the 4th quarter. GAMMA Investing LLC now owns 606 shares of the company’s stock worth $65,000 after buying an additional 257 shares during the last quarter. Smartleaf Asset Management LLC boosted its stake in Goosehead Insurance by 462.7% in the 4th quarter. Smartleaf Asset Management LLC now owns 619 shares of the company’s stock worth $64,000 after buying an additional 509 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new stake in Goosehead Insurance in the 3rd quarter valued at about $63,000.

Insider Activity

In related news, major shareholder & Robyn Jones Descendants Mark sold 500 shares of the stock in a transaction dated Wednesday, March 12th. The stock was sold at an average price of $120.12, for a total value of $60,060.00. Following the completion of the transaction, the insider now owns 132,349 shares of the company’s stock, valued at approximately $15,897,761.88. This represents a 0.38 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Mark E. Jr. Jones acquired 1,010 shares of the stock in a transaction on Friday, February 28th. The shares were acquired at an average price of $118.02 per share, with a total value of $119,200.20. Following the purchase, the chief financial officer now owns 2,342 shares in the company, valued at $276,402.84. This represents a 75.83 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last three months, insiders sold 308,812 shares of company stock worth $37,392,258. 48.35% of the stock is currently owned by company insiders.

Goosehead Insurance Stock Performance

Shares of NASDAQ:GSHD opened at $118.40 on Friday. The company has a market cap of $4.39 billion, a P/E ratio of 164.45, a PEG ratio of 5.17 and a beta of 1.49. Goosehead Insurance, Inc has a one year low of $50.47 and a one year high of $130.39. The business’s 50-day simple moving average is $113.42 and its 200 day simple moving average is $108.19. The company has a debt-to-equity ratio of 37.70, a quick ratio of 1.55 and a current ratio of 1.55.

Goosehead Insurance Increases Dividend

The company also recently announced a dividend, which was paid on Friday, January 31st. Stockholders of record on Tuesday, January 21st were given a dividend of $5.91 per share. This is a boost from Goosehead Insurance’s previous dividend of $1.63. The ex-dividend date of this dividend was Tuesday, January 21st. Goosehead Insurance’s payout ratio is presently 400.00%.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. Bank of America raised 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. Truist Financial reissued a “hold” rating and set a $90.00 price objective (up from $80.00) on shares of Goosehead Insurance in a research note on Tuesday, February 25th. JPMorgan Chase & Co. upped their price objective 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 lifted their target price on Goosehead Insurance from $120.00 to $145.00 and gave the company a “buy” rating in a report on Friday, March 7th. Finally, Keefe, Bruyette & Woods upped their price target on Goosehead Insurance from $110.00 to $127.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 26th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $109.10.

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.