Mutual of America Capital Management LLC boosted its stake in Goosehead Insurance, Inc (NASDAQ:GSHD – Free Report) by 47.6% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 63,010 shares of the company’s stock after acquiring an additional 20,328 shares during the period. Mutual of America Capital Management LLC owned 0.17% of Goosehead Insurance worth $3,289,000 as of its most recent SEC filing.
Several other institutional investors have also recently added to or reduced their stakes in the stock. Jump Financial LLC increased its position in Goosehead Insurance by 93.0% in the 1st quarter. Jump Financial LLC now owns 25,088 shares of the company’s stock valued at $1,310,000 after acquiring an additional 12,088 shares during the period. Victory Capital Management Inc. acquired a new position in Goosehead Insurance during the 1st quarter worth approximately $244,000. CM Wealth Advisors LLC acquired a new position in Goosehead Insurance during the 1st quarter worth approximately $1,330,000. SG Americas Securities LLC acquired a new position in Goosehead Insurance during the 1st quarter worth approximately $116,000. Finally, Janney Capital Management LLC acquired a new position in Goosehead Insurance during the 1st quarter worth approximately $369,000.
Insider Activity at Goosehead Insurance
In related news, COO Mark Miller bought 2,000 shares of Goosehead Insurance stock in a transaction that occurred on Wednesday, August 2nd. The shares were purchased at an average price of $64.00 per share, with a total value of $128,000.00. Following the purchase, the chief operating officer now owns 12,000 shares in the company, valued at $768,000. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other Goosehead Insurance news, major shareholder & Robyn Jones Descendants Mark sold 10,112 shares of the stock in a transaction on Thursday, June 8th. The stock was sold at an average price of $60.18, for a total transaction of $608,540.16. Following the transaction, the insider now owns 132,349 shares of the company’s stock, valued at approximately $7,964,762.82. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, COO Mark Miller purchased 2,000 shares of Goosehead Insurance stock in a transaction on Wednesday, August 2nd. The shares were acquired at an average cost of $64.00 per share, for a total transaction of $128,000.00. Following the purchase, the chief operating officer now owns 12,000 shares in the company, valued at $768,000. The disclosure for this purchase can be found here. In the last 90 days, insiders have sold 113,050 shares of company stock valued at $6,672,459. 48.35% of the stock is owned by corporate insiders.
Wall Street Analysts Forecast Growth
Goosehead Insurance Stock Performance
GSHD stock opened at $66.48 on Friday. Goosehead Insurance, Inc has a 1 year low of $29.23 and a 1 year high of $76.36. The stock’s 50 day moving average price is $62.41 and its 200 day moving average price is $54.08. The firm has a market cap of $2.49 billion, a P/E ratio of 255.70, a PEG ratio of 3.24 and a beta of 1.22.
Goosehead Insurance Company Profile
Goosehead Insurance, Inc operates as a holding company for Goosehead Financial, LLC that provides personal lines insurance agency services in the United States. It 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.
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