GSHD Goosehead Insurance, Inc.

NEUTRAL Impact: 3/10 Insider Cluster (4 insiders)
Horizon weeks Filed May 21, 2026 Processed 24d 10h ago
Insider cluster: 3 insiders, $0.5M total
Latest settled — T+5d ⚠ clustered
GSHD ▼ -12.07% at T+5d
NEUTRAL call ✗ call lost -12.07% · α vs SPY -13.73% · entry $41.68 → $36.65
Next anchor: T+20d in 7d
Last close $36.82 (close Jun 12) · -11.66% from $41.68 entry
Entry anchored
May 21, 2026
via day open
T+1d
-4.03%
call -4.03% · α -4.62%
$40.00
settled 24d ago
T+5d
-12.07%
call -12.07% · α -13.73%
$36.65
settled 17d ago
T+20d
call — · α —
in 7d
T+60d
call — · α —
in 2mo

Price Chart

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Executive Summary

Three GSHD insiders made open-market purchases totaling $491K over a week, led by the CEO ($184K) and General Counsel ($208K) at prices between $36.89 and $41.50. The Executive Chairman's trust also sold $1.19M in shares on May 21 after converting derivatives, creating a mixed signal. The cluster buys represent ~0.03% of market cap — trivial in size — and the historical calibration shows past bullish calls on GSHD have been heavily wrong (avg T+20 -18.5%). The buys are too small to override the negative track record.

Key Financial Metrics

Direction
mixed
Total Value
$491.0K
Insiders
4

Actionable Insight

The insider cluster buys are too small relative to market cap to signal material conviction, and the Executive Chairman's concurrent $1.19M sale offsets the bullish read. Given the model's poor historical track record on GSHD (avg T+20 -8.57%, 17% win rate), treat this cluster as noise. Monitor the next 10-Q for agency metrics (policies in force, premium growth) rather than reading into insider activity.

Key Facts

  • CEO Mark Miller bought 5,000 shares at $36.89 for $184K on May 14
  • General Counsel Martin Thornthwaite bought 5,000 shares at $41.50 for $208K on May 18
  • President & COO Mark E. Jones Jr. bought 2,650 shares at $37.50 for $99K on May 15
  • Executive Chairman's trust sold 29,238 shares at $40.62 for $1.19M on May 21 after converting derivatives
  • Total open-market buys of $491K represent ~0.03% of $1.5B market cap
  • Past 6 settled reports on GSHD averaged -8.57% T+20 return with 17% win rate

Financial Impact

Insider buys total $491K (0.03% of market cap); insider sales total $1.19M (0.08% of market cap). Net insider cash flow is -$699K.

insider ownershipmarket cap

Risk Factors

  • Executive Chairman's trust sold $1.19M on the same day as derivative conversions — potential de-risking by largest insider
  • Historical model calls on GSHD have been directionally wrong 83% of the time at T+20
  • Buy cluster size is trivial relative to market cap — no material signal

Market Snapshot

Exchange
Nasdaq
Sector
Insurance Agents, Brokers & Service
Analyst Consensus
53% bullish (19 analysts)

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-GSHD-1779405566623
10 reports for GSHD
Performance horizon
33% Hit rate 1 of 3 directional calls best @ T+1▲ +0.13%May 19, 2026
Filters
Rows
Reports for GSHD — sortable, filterable
Type Now
Jun 11, 2026
3d ago
Institutional Cluster
NEUTRAL ★ 3/10
$38.44 awaiting T+1awaiting T+1$36.82 (−4.20%)
Jun 1, 2026
13d ago
Insider Cluster
MIXED ★ 5/10
$36.10 $34.37▼ −4.79%▼ −4.07%$36.82 (+1.99%)
May 22, 2026
23d ago
Insider Cluster
NEUTRAL ★ 4/10
$40.00 $37.68▼ −5.80%▼ −5.81%$36.82 (−7.95%)
May 21, 2026
24d ago
Insider Cluster
NEUTRAL ★ 3/10
$41.68 $40.00▼ −4.03%▼ −4.62%$36.82 (−11.66%)
May 19, 2026
27d ago
Insider Cluster
BULLISH ★ 5/10
$41.31 $41.37▲ +0.13%▼ −0.91%$36.82 (−10.87%)
May 15, 2026
4w ago
Insider Cluster
NEUTRAL ★ 3/10
$42.14 $41.31▼ −1.97%▼ −1.32%$36.82 (−12.62%)
Apr 22, 2026
7w ago
8-K
BULLISH ★ 8/10
$50.77 $48.26▼ −4.94%▼ −5.73%$36.82 (−27.48%)
Apr 22, 2026
7w ago
Press Release
NEUTRAL ★ 3/10
$50.77 $48.26▼ −4.94%▼ −5.73%$36.82 (−27.48%)
Apr 22, 2026
7w ago
Press Release
BULLISH ★ 8/10
$50.77 $48.26▼ −4.94%▼ −5.73%$36.82 (−27.48%)
Mar 25, 2026
11w ago
DEFA14A
NEUTRAL ★ 2/10
$42.08 $41.10▼ −2.33%▼ −0.65%$36.82 (−12.50%)
Showing 10 of 10

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