Goosehead Insurance Jones family trust sells $1.9m in stock

Published 18/08/2025, 23:12
Goosehead Insurance Jones family trust sells $1.9m in stock

Westlake, TX - Mark & Robyn Jones Descendants Trust 2014, a ten percent owner of Goosehead Insurance, Inc. (NASDAQ:GSHD), reported selling shares of Class A Common Stock on August 14 and 15, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The sales amounted to a total of $1.9 million, with prices ranging from $87.01 to $89.29 per share.

On August 14, the trust sold 17,831 shares at a weighted average price of $87.38, 2,860 shares at a weighted average price of $88.55 and 700 shares at a weighted average price of $89.29. On August 15, the trust sold 600 shares at a weighted average price of $87.01.

The filing also indicates the conversion of Class B Common Stock into Class A Common Stock on August 14 and 15. 21,391 shares of Class B Common Stock were converted to Class A Common Stock on August 14, and 600 shares of Class B Common Stock were converted to Class A Common Stock on August 15.

Mark Evan Jones, Executive Chairman of Goosehead Insurance, Robyn Mary Elizabeth Jones, and the Mark & Robyn Jones Descendants Trust 2014 are all listed as reporting owners. The filing was signed by John O’Connor, as Attorney-in-Fact for all three reporting owners.

In other recent news, Goosehead Insurance reported its second-quarter results with operating earnings per share of $0.49, which exceeded JMP Securities’ estimate but fell short of the consensus forecast. The company’s total revenues reached $94.8 million, surpassing both JMP’s estimate and the consensus. Following these results, JMP Securities reiterated its Market Outperform rating with a price target of $150.00. However, Piper Sandler downgraded Goosehead Insurance from Overweight to Neutral, reducing its price target to $109.00, citing a slower growth outlook. BMO Capital also lowered its price target to $110.00 due to missed growth and margin KPIs. Keefe, Bruyette & Woods adjusted its price target to $120.00 after Goosehead’s AEBITDA slightly missed expectations. In strategic developments, Goosehead Insurance formed a partnership with Baird & Warner Real Estate to integrate insurance services into the homebuying process. This collaboration aims to provide homebuyers with insurance options during real estate transactions.

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