Goosehead Insurance
GSHD on Nasdaq. Goosehead Insurance sells personal insurance policies to people in the United States. Market value $2.7bn.
Price checks use the past 12 months to June 2026. Some use the latest annual report instead, as marked. Quality checks use five annual reports, the latest for the year to December 2025.
Should I look at this?
Not a fit for our list right now
Why it could be worth it
What to watch out for
See Financial services stocks that passed both tests
This is not advice. Check the numbers below.
We don't have this figure for this company.
We don't have this figure for this company.
Profit per $100 you pay: $2.13.
Quality score: not known. Price score: 13 of 100. Our list needs 70 on quality and 60 on price.
$43.39 a share, 29% above its 1-year low
Over the past year the price has ranged from $33.68 to $79.85.
Pays no dividend
Prices from Tuesday’s close (6 October).
Five years of cash, in billions
| Revenue | |||||
| Revenue | $151m | $209m | $261m | $315m | $365m |
| Operating margin | |||||
| Operating margin | n/a | n/a | n/a | n/a | n/a |
| Debt to equity | |||||
| Debt to equity | n/a | n/a | n/a | n/a | n/a |
| Shares outstanding | |||||
| Shares outstanding | 0.02bn | 0.02bn | 0.04bn | 0.04bn | 0.04bn |
Health checks
- Free cash flow positiveDoesn't apply to banks and insurers
- Accounting checksDoesn't apply to banks and insurers
- DebtDoesn't apply to banks and insurers
- Revenue growth, five yearsStrong, 25.6% a year
- Buying back its own sharesNo, 80% more shares since 2021
The quarter to June 2026
How the business did, compared with the same quarter a year earlier.
- Sales: $113 million last quarter, up 21% on a year ago.
- Profit: $10 million, up 95% on a year ago.
- Spare cash over the past 12 months: $61 million, down from $70 million.
- 7% fewer shares than a year ago. Each share owns a bit more of the company.
- Sales grew on a year ago in each of the last 4 quarters.
| Quarter to | Amount |
|---|---|
| September 2024 | $78m |
| December 2024 | $94m |
| March 2025 | $76m |
| June 2025 | $94m |
| September 2025 | $90m |
| December 2025 | $105m |
| March 2026 | $93m |
| June 2026 | $113m |
| Quarter to | Amount |
|---|---|
| September 2024 | $8m |
| December 2024 | $15m |
| March 2025 | $2m |
| June 2025 | $5m |
| September 2025 | $8m |
| December 2025 | $12m |
| March 2026 | $5m |
| June 2026 | $10m |
From the company's quarterly reports to the SEC.
Dates
- Next results (estimated)
- n/a
- Last annual report (10-K)
- 19 February 2026
- Next quarterly (estimated, 10-Q)
- 22 October 2026
Who owns it
2 long-term investors we follow own it, unchanged from 2 last quarter. 230 funds in all.
- Akre Capital ManagementChuck Akre
- Value
- $22m
- Share of fund
- 0.4%
| Fund | Value | Share of that fund | Change |
|---|---|---|---|
| Akre Capital ManagementChuck Akre | $22m | 0.4% | |
| Gotham Asset ManagementJoel Greenblatt | $362,004 | <0.1% | Added |
Largest holders overall
- BlackRock$177m
- Kayne Anderson Rudnick Investment Management$105mCut
- Capital World Investors$98mAdded
- Wasatch Advisors LP$92mCut
- Durable Capital Partners LP$89mAdded
- Vanguard Portfolio Management$63m
- Vanguard Capital Management$49mCut
- State Street$45mCut
- DF Dent$38m
- Langdon Equity Partners$35mCut
From 13F filings for the quarter ended 30 June 2026.
Big holders and activists
6 investors own more than 5%.
- Mark E. JonesInsider or founderat least 34.2%−0.9 pts(filed with 31 related holders)Since 20 August 2026
What they said
The Reporting Persons acquired, and presently hold, Class A Common Stock and Class B Common Stock for investment purposes. Each Reporting Person has signed and is a party to the Voting Agreements described in Item 2 above. Except as otherwise described herein and Rule 10b5-1…
Read the filing - Durable Capital Partners LPPassive investor10.8%+5.1 ptsSince 24 July 2026
- Kayne Anderson Rudnick Investment Management, LLCPassive investor9.2%−1.2 ptsSince 30 June 2026
- Wasatch Advisors LPPassive investor8.0%−1.7 ptsSince 30 June 2026
- Capital World InvestorsPassive investor8.0%Since 31 March 2026
- Vanguard Portfolio ManagementPassive investor5.6%Since 31 March 2026
- Vanguard Capital ManagementPassive investorSold down below 5%Since 30 June 2026
- Virtus Equity Trust on behalf of Virtus KAR Small Cap Growth FundPassive investorSold down below 5%Since 31 March 2025
- Virtus Investment Advisers, LLCPassive investorSold down below 5%Since 31 December 2025
- T. Rowe Price Investment Management, Inc.Passive investorSold down below 5%Since 30 June 2026
- Adrienne JonesInsider or founderSold down below 5%Since 23 February 2026
What they said
The Reporting Persons acquired, and presently hold, Class A Common Stock and Class B Common Stock for investment purposes. Each Reporting Person has signed and is a party to the Voting Agreements described in Item 2 above. Except as otherwise described herein and Rule 10b5-1…
Read the filing - The Vanguard GroupPassive investorSold down below 5%Since 13 March 2026
| Holder | Stake | Since | |
|---|---|---|---|
Mark E. Jones Insider or founder | at least 34.2%−0.9 pts (filed with 31 related holders) | 20 August 2026 | What they saidThe Reporting Persons acquired, and presently hold, Class A Common Stock and Class B Common Stock for investment purposes. Each Reporting Person has signed and is a party to the Voting Agreements described in Item 2 above. Except as otherwise described herein and Rule 10b5-1… Read the filing |
Durable Capital Partners LP Passive investor | 10.8%+5.1 pts | 24 July 2026 | |
Kayne Anderson Rudnick Investment Management, LLC Passive investor | 9.2%−1.2 pts | 30 June 2026 | |
Wasatch Advisors LP Passive investor | 8.0%−1.7 pts | 30 June 2026 | |
Capital World Investors Passive investor | 8.0% | 31 March 2026 | |
Vanguard Portfolio Management Passive investor | 5.6% | 31 March 2026 | |
Vanguard Capital Management Passive investor | Sold down below 5% | 30 June 2026 | |
Virtus Equity Trust on behalf of Virtus KAR Small Cap Growth Fund Passive investor | Sold down below 5% | 31 March 2025 | |
Virtus Investment Advisers, LLC Passive investor | Sold down below 5% | 31 December 2025 | |
T. Rowe Price Investment Management, Inc. Passive investor | Sold down below 5% | 30 June 2026 | |
Adrienne Jones Insider or founder | Sold down below 5% | 23 February 2026 | What they saidThe Reporting Persons acquired, and presently hold, Class A Common Stock and Class B Common Stock for investment purposes. Each Reporting Person has signed and is a party to the Voting Agreements described in Item 2 above. Except as otherwise described herein and Rule 10b5-1… Read the filing |
The Vanguard Group Passive investor | Sold down below 5% | 13 March 2026 |
From Schedule 13D and 13G filings: anyone owning more than 5% must file one.
What insiders did
In the last 12 months, 7 insiders bought $2m of shares on the open market. 2 sold $31m.
- Jones Mark EvanExecutive Chairman, DirectorSold
- Date
- 4 August 2026
- Shares
- 22,481
- Price
- $66.87
- Value
- $2m
- Jones Mark EvanExecutive Chairman, DirectorSold
- Date
- 3 August 2026
- Shares
- 100,000
- Price
- $65.31
- Value
- $7m
- Lane Peter R.DirectorBought
- Date
- 31 July 2026
- Shares
- 1,600
- Price
- $63.14
- Value
- $101,024
- Jones Mark EvanExecutive Chairman, DirectorSold
- Date
- 30 July 2026
- Shares
- 2,519
- Price
- $66.27
- Value
- $166,926
- Jones Mark EvanExecutive Chairman, DirectorSold
- Date
- 29 July 2026
- Shares
- 125,000
- Price
- $69.71
- Value
- $9m
- Martin John ArthurChief Financial OfficerBought
- Date
- 28 May 2026
- Shares
- 5,000
- Price
- $34.73
- Value
- $173,650
- Jones Mark EvanExecutive Chairman, DirectorSold
- Date
- 27 May 2026
- Shares
- 9,588
- Price
- $40.76
- Value
- $390,814
- Jones Robyn Mary ElizabethDirectorSold
- Date
- 26 May 2026
- Shares
- 45,588
- Price
- $40.07
- Value
- $2m
- Jones Robyn Mary ElizabethDirectorSold
- Date
- 22 May 2026
- Shares
- 82,689
- Price
- $41.77
- Value
- $3m
- Jones Mark EvanExecutive Chairman, DirectorSold
- Date
- 21 May 2026
- Shares
- 70,751
- Price
- $41.36
- Value
- $3m
| Date | Who | Did | Shares | Price | Value |
|---|---|---|---|---|---|
| 4 August 2026 | Jones Mark Evan Executive Chairman, Director | Sold | 22,481 | $66.87 | $2m |
| 3 August 2026 | Jones Mark Evan Executive Chairman, Director | Sold | 100,000 | $65.31 | $7m |
| 31 July 2026 | Lane Peter R. Director | Bought | 1,600 | $63.14 | $101,024 |
| 30 July 2026 | Jones Mark Evan Executive Chairman, Director | Sold | 2,519 | $66.27 | $166,926 |
| 29 July 2026 | Jones Mark Evan Executive Chairman, Director | Sold | 125,000 | $69.71 | $9m |
| 28 May 2026 | Martin John Arthur Chief Financial Officer | Bought | 5,000 | $34.73 | $173,650 |
| 27 May 2026 | Jones Mark Evan Executive Chairman, Director | Sold | 9,588 | $40.76 | $390,814 |
| 26 May 2026 | Jones Robyn Mary Elizabeth Director | Sold | 45,588 | $40.07 | $2m |
| 22 May 2026 | Jones Robyn Mary Elizabeth Director | Sold | 82,689 | $41.77 | $3m |
| 21 May 2026 | Jones Mark Evan Executive Chairman, Director | Sold | 70,751 | $41.36 | $3m |
From Form 4 filings: insiders must report trades in their own company's shares within two days.
Warning signs in its filings
Problems the company itself reported to the SEC, in its own words.
None of the warning signs we check for were found.
We look for five warning signs: doubt it can keep going, weak checks on its own accounts, a notice that its past accounts can't be relied on, a change of auditor, and one customer bringing in a big share of sales. We don't check lawsuits, investigations or debt yet.
We checked the auditor's report, internal controls, restatement notices, auditor changes and big customers in the 10-K filed 19 Feb 2026, plus the 10-Q filed 23 Jul 2026 and 5 later 8-Ks.
A 10-K is the yearly report every US company files with the SEC. An 8-K is a short notice of a big event.
What could go wrong
- It owes more than it owns on paper (negative equity). Often that's from borrowing to buy back shares.
Whether the price already reflects the risks is what the deep dive is for.
The deep dive
Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.
- What the business is worth, as a range, and the margin of safety at today’s price
- Prices to start buying, buy, and buy hard
- The three things that would make this a mistake
- Every number footnoted to the filing it came from
Your first deep dive is free.
Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.