Goosehead Insurance Inc (GSHD) stock surged 3.26% on July 16, reaching an intraday high of $99.54. The average target price for GSHD is $118.38, with a high estimate of $150.00 and a low estimate of $43.00. The average target implies a 19.31% upside from the current price. The estimated GF Value for GSHD in one year is $105.88, suggesting a 6.71% upside from the current price.
Goosehead Insurance Inc (GSHD) stock surged 3.26% on July 16, reaching an intraday high of $99.54. The average target price for GSHD is $118.38, with a high estimate of $150.00 and a low estimate of $43.00. The average target implies a 19.31% upside from the current price. The estimated GF Value for GSHD in one year is $105.88, suggesting a 6.71% upside from the current price.
The stock's performance was driven by a number of factors, including recent earnings reports and analyst ratings. Goosehead Insurance reported a quarterly earnings result of $0.26 EPS, beating the consensus estimate of $0.24 by $0.02 [2]. The company's revenue for the quarter was up 17.2% year-over-year, reaching $75.58 million.
Analysts have been bullish on Goosehead Insurance, with several major firms increasing their price targets and ratings. JMP Securities restated a "market outperform" rating and issued a $150.00 target price on the stock [1]. UBS Group lowered their price target to $140.00 but maintained a "buy" rating. Piper Sandler reduced their price objective to $122.00 and set an "overweight" rating for the company. BMO Capital Markets reduced their price target to $142.00 and set a "market perform" rating. JPMorgan Chase & Co. reduced their price target to $98.00 and set a "neutral" rating.
Several large investors have also increased their positions in Goosehead Insurance. Alps Advisors Inc. bought 3,100 shares of the company's stock, valued at approximately $366,000 [1]. Janus Henderson Group PLC lifted its holdings by 0.6% and now owns 22,109 shares of the company's stock worth $2,371,000. KBC Group NV increased its position by 20.7% and now owns 1,101 shares of the company's stock valued at $130,000. Bessemer Group Inc. increased its position by 192.9% and now owns 290 shares of the company's stock valued at $34,000. Pictet Asset Management Holding SA increased its position by 10.0% and now owns 2,792 shares of the company's stock valued at $299,000. HighTower Advisors LLC increased its position by 5.1% and now owns 5,299 shares of the company's stock valued at $568,000.
The stock's performance was also influenced by insider activity. Major shareholder Lindy Langston sold 2,853 shares of the company's stock in a transaction that occurred on Wednesday, May 28th [1]. The stock was sold at an average price of $110.16, for a total value of $314,286.48. The transaction was disclosed in a document filed with the SEC.
In conclusion, Goosehead Insurance Inc (GSHD) stock has seen significant growth in recent weeks, driven by positive earnings reports, analyst ratings, and increased investor interest. The stock's average target price suggests a potential upside of 19.31% from the current price, while the estimated GF Value for the stock in one year is $105.88, suggesting a 6.71% upside.
References:
[1] https://www.marketbeat.com/instant-alerts/filing-alps-advisors-inc-invests-366000-in-goosehead-insurance-nasdaqgshd-2025-07-16/
[2] https://www.nasdaq.com/articles/goosehead-insurance-gshd-earnings-expected-grow-what-know-ahead-q2-release
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