Goosehead Insurance (GSHD)

• Market cap: $2.55B
• 1 day: 0.29%
• 5 days: -1.64%
• 1 month: -15.41%
• 3 months: 16.98%
• 6 months: 87.31%
• Year to date: 41.91%
• 1 year: 41.91%
• 5 years: 146.78%
• 10 years: 563.24%
• Sector: Financials
• Industry: Insurance Agents, Brokers & Service

About: Goosehead Insurance Inc operates as an insurance agency. Its insurance products consist of homeowner's insurance; auto insurance; other personal lines products including flood, wind and earthquake insurance; excess liability or umbrella insurance; specialty lines insurance (motorcycle, recreational vehicle and other insurance); commercial lines insurance (general liability, property, and auto insurance for small businesses); and life insurance. Geographically, it operates in Texas, California, Illinois, Florida, and other regions.

Employees: 1,415

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

59% more first-time investments, than exits

New positions opened: 46 | Existing positions closed: 29

51% more capital invested

Capital invested by funds: $1.56B [Q2] → $2.37B (+$804M) [Q3]

8% more funds holding

Funds holding: 212 [Q2] → 229 (+17) [Q3]

1.61% more ownership

Funds ownership: 107.71% [Q2] → 109.32% (+1.61%) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 3 [Q2] → 3 (+0) [Q3]

34% less repeat investments, than reductions

Existing positions increased: 60 | Existing positions reduced: 91

40% less call options, than puts

Call options by funds: $9.83M | Put options by funds: $16.3M

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $80 23% downside
• Avg. target: $113 8% upside
• High target: $130 24% upside

6 analyst ratings

• positive: 3 50%
• neutral: 3 50%
• negative: 0 0%

TD Cowen Andrew Kligerman 69% 1-year accuracy 9 / 13 met price target	24% upside $130	Hold Maintained	20 Nov 2024
BMO Capital Michael Zaremski 72% 1-year accuracy 18 / 25 met price target	15% upside $120	Market Perform Maintained	19 Nov 2024
Piper Sandler Paul Newsome 80% 1-year accuracy 36 / 45 met price target	17% upside $122	Overweight Maintained	28 Oct 2024
JMP Securities Matthew Carletti 81% 1-year accuracy 52 / 64 met price target	10% upside $115	Market Outperform Maintained	24 Oct 2024
RBC Capital Scott Heleniak 74% 1-year accuracy 40 / 54 met price target	4% upside $109	Outperform Maintained	24 Oct 2024