JMP Securities Sticks to Its Buy Rating for GooseHead Insurance (GSHD)

In a report released today, Matthew Carletti from JMP Securities reiterated a Buy rating on GooseHead Insurance (GSHD – Research Report), with a price target of $100.00. The company’s shares closed yesterday at $60.20.

Carletti covers the Financial sector, focusing on stocks such as Chubb, Amerisafe, and GooseHead Insurance. According to TipRanks, Carletti has an average return of 11.4% and a 59.94% success rate on recommended stocks.

GooseHead Insurance has an analyst consensus of Moderate Buy, with a price target consensus of $82.00.

GSHD market cap is currently $2.28B and has a P/E ratio of 105.78.

Based on the recent corporate insider activity of 72 insiders, corporate insider sentiment is neutral on the stock. Last 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.