Investors may wish to note that an insider of Goosehead Insurance, Inc, Amber Burbank-Ach, recently netted US$67k from selling stock, receiving an average price of US$95.80. On the bright side, that’s just a small sale and only reduced their holding by 6.7{98cae0078f524eff3ab8ec32cf55b261677ef6c8a6ed6e94d92a4234b93f46b6}.

Check out our latest analysis for Goosehead Insurance

Goosehead Insurance Insider Transactions Over The Last Year

The Co-Founder, Mark Jones, made the biggest insider sale in the last 12 months. That single transaction was for US$7.9m worth of shares at a price of US$109 each. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. The silver lining is that this sell-down took place above the latest price (US$83.57). So it is hard to draw any strong conclusion from it.

Insiders in Goosehead Insurance didn’t buy any shares in the last year. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

NasdaqGS:GSHD Insider Trading Volume May 15th 2021

For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Insider Ownership of Goosehead Insurance

Many investors like to check how much of a company is owned by insiders. I reckon it’s a good sign if insiders own a significant number of shares in the company. Goosehead Insurance insiders own about US$70m worth of shares. That equates to 2.3{98cae0078f524eff3ab8ec32cf55b261677ef6c8a6ed6e94d92a4234b93f46b6} of the company. While this is a strong but not outstanding level of insider ownership, it’s enough to indicate some alignment between management and smaller shareholders.

So What Do The Goosehead Insurance Insider Transactions Indicate?

An insider sold stock recently, but they haven’t been buying. And there weren’t any purchases to give us comfort, over the last year. On the plus side, Goosehead Insurance makes money, and is growing profits. Insiders own shares, but we’re still pretty cautious, given the history of sales. We’re in no rush to buy! In addition to knowing about insider transactions going on, it’s beneficial to identify the risks facing Goosehead Insurance. To help with this, we’ve discovered 5 warning signs (1 doesn’t sit too well with us!) that you ought to be aware of before buying any shares in Goosehead Insurance.

If you would prefer to check out another company — one with potentially superior financials — then do not miss this free list of interesting companies, that have HIGH return on equity and low debt.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.

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This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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