Goosehead Insurance Inc’s filing revealed that its Member of 10% owner group Mark & Robyn Jones Descendants unloaded Company’s shares for reported $3.79 million on Feb 29 ’24. In the deal valued at $75.87 per share,50,000 shares were sold. As a result of this transaction, Mark & Robyn Jones Descendants now holds 0 shares worth roughly $0.0.
Then, Cruzado Waded bought 250 shares, generating $18,775 in total proceeds. Upon buying the shares at $75.10, the Director now owns 343 shares.
Before that, Mark & Robyn Jones Descendants sold 36,337 shares. Goosehead Insurance Inc shares valued at $2,722,501 were divested by the Member of 10% owner group at a price of $74.92 per share. As a result of the transaction, Mark & Robyn Jones Descendants now holds 0 shares, worth roughly $0.0.
TD Cowen initiated its Goosehead Insurance Inc [GSHD] rating to an Outperform in a research note published on January 10, 2024; the price target was $105. A number of analysts have revised their coverage, including UBS’s analysts, who began to cover the stock in mid October with a ‘”a Buy”‘ rating. BMO Capital Markets also remained covering GSHD and has increased its forecast on September 20, 2023 with a “an Outperform” recommendation from previously “Market perform” rating. Credit Suisse started covering the stock on February 06, 2023. It rated GSHD as “an Outperform”.
Price Performance Review of GSHD
On Tuesday, Goosehead Insurance Inc [NASDAQ:GSHD] saw its stock jump 1.87% to $60.04. Over the last five days, the stock has gained 6.36%. Goosehead Insurance Inc shares have fallen nearly -20.79% since the year began. Nevertheless, the stocks have risen 9.62% over the past one year. While a 52-week high of $92.76 was reached on 02/15/24, a 52-week low of $53.57 was recorded on 04/10/24. SMA at 50 days reached $71.18, while 200 days put it at $71.07. A total of 0.25 million shares were traded, compared to the trading of 0.19 million shares in the previous session.
Levels Of Support And Resistance For GSHD Stock
The 24-hour chart illustrates a support level at 59.37, which if violated will result in even more drops to 58.70. On the upside, there is a resistance level at 60.51. A further resistance level may holdings at 60.98. The Relative Strength Index (RSI) on the 14-day chart is 40.55, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.36, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 43.40%. Stochastics %K at 35.02% indicates the stock is a holding.
The most recent change occurred on January 20, 2023 when BMO Capital Markets began covering the stock and recommended ‘”a Market perform”‘ rating along with a $39 price target.
