Goosehead Insurance (GSHD)

• Market cap: $2.59B
• 1 day: -1.39%
• 5 days: -7.66%
• 1 month: -11.82%
• 3 months: 19.72%
• 6 months: 87.22%
• Year to date: 44.26%
• 1 year: 39.39%
• 5 years: 150.92%
• 10 years: 574.22%
• 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] → $2.36B (+$803M) [Q3]

8% more funds holding

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

1.61% more ownership

Funds ownership: 107.63% [Q2] → 109.24% (+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 25% downside
• Avg. target: $113 6% upside
• High target: $130 22% upside

6 analyst ratings

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

TD Cowen Andrew Kligerman 62% 1-year accuracy 8 / 13 met price target	22% upside $130	Hold Maintained	20 Nov 2024
BMO Capital Michael Zaremski 64% 1-year accuracy 16 / 25 met price target	13% upside $120	Market Perform Maintained	19 Nov 2024
Piper Sandler Paul Newsome 78% 1-year accuracy 35 / 45 met price target	15% upside $122	Overweight Maintained	28 Oct 2024
JMP Securities Matthew Carletti 72% 1-year accuracy 46 / 64 met price target	8% upside $115	Market Outperform Maintained	24 Oct 2024
RBC Capital Scott Heleniak 76% 1-year accuracy 41 / 54 met price target	3% upside $109	Outperform Maintained	24 Oct 2024