GooseHead Insurance (GSHD) Receives a Buy from TD Cowen

TD Cowen analyst Andrew Kligerman maintained a Buy rating on GooseHead Insurance (GSHD – Research Report) today and set a price target of $105.00. The company’s shares closed yesterday at $64.99.

According to TipRanks, Kligerman is a 5-star analyst with an average return of 19.9% and a 71.07% success rate. Kligerman covers the Financial sector, focusing on stocks such as Progressive, Lemonade, and Chubb.

In addition to TD Cowen, GooseHead Insurance also received a Buy from Piper Sandler’s Paul Newsome in a report issued today. However, on March 18, Bank of America Securities reiterated a Sell rating on GooseHead Insurance (NASDAQ: GSHD).

GSHD market cap is currently $2.47B and has a P/E ratio of 114.50.

Based on the recent corporate insider activity of 73 insiders, corporate insider sentiment is neutral on the stock. Earlier this month, Mark & Robyn Jones Descendants Trust 2014, a Major Shareholder at GSHD sold 50,000.00 shares for a total of $3,793,342.57.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

GooseHead Insurance (GSHD) Company Description:

Goosehead Insurance, Inc. is a holding company, which engages in the provision of independent personal lines insurance agency. It operates through Corporate Channel, and Franchise Channel segments. The Corporate Channel segment consists of company-owned and financed operations with employees who are hired, trained and managed by the company. The Franchise Channel segment focuses in franchisee operations that are owned and managed by Franchisees. The company was founded by Robyn Jones and Mark E. Jones in 2003 and is headquartered in Westlake, TX.