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GSHD

Requested read · Friday 21 August 2026, 20:48 · same framework and thresholds as the weekly CFO screen

Market regime: SPY above its rising 200DMA; efficiency ratio 0.06 — overlapping, stand aside. Stage: Mature Trend.
GSHD
Goosehead Insurance, Inc.
Stand aside — 200DMA is not rising — regime not clear. (+1 more)
Regime Shift XLF sector confirmed $173,650 CFO$12,291,123 other insiders (8) 8 insider(s) net purchase ratio -0.36 85d since buy
73
conviction / 100
+12.8 since 20 Aug
77.4
technical / 100
$0–$0
No trade / watch only · Hard gate breached.
Regime clarity13.2
Sponsorship / positioning14.0
Volatility behaviour19.9
Catalyst alignment (insider)11.5
Cross-asset confirmation14.8
Stand aside — hard gate breached
  • 200DMA is not rising — regime not clear.
  • Insiders are net sellers — net purchase ratio -0.36 over the last 180 days (4 selling vs 8 buying). The CFO purchase is contradicted by the rest of the insider group.
Last
72.52
Add above
77.82
Cut below
48.19
50DMA
55.52
200DMA
55.56
GSHD daily chart: price with 50 and 200 day moving averages, volume, and on-balance volume
GSHD — daily, 14 months
XLF sector ETF daily chart
XLF — sector ETF, daily, 14 months
Pillar detail, thesis support and invalidation
Regime clarity
  • price above 200DMA
  • 200DMA flat/falling
  • 50DMA rising
  • partial HH/HL structure
  • efficiency ratio 0.28
Sponsorship / positioning
  • OBV 50d slope +0.486 avg-daily-volumes/bar
  • no OBV divergence at highs
  • OBV fell through last pullback
Volatility behaviour
  • last pullback 12.3% deep
  • no wide downside expansion bars (30d)
  • ATR contracting vs 20d mean
Catalyst alignment (insider)
  • 8 filers collapse to 7 independent buyer(s) — same household or related accounts count once
  • 1 10% holder(s) excluded from the cluster — a fund adding to a position is a portfolio decision, not an operator spending their own money (still counted in the net purchase ratio)
  • cluster: 7 distinct insiders buying (1 CFO, 1 CEO, 1 COO, 1 Officer, 2 Director, 1 10% owner, 2 Unclassified)
  • net purchase ratio -0.36 (8 buying vs 4 selling)
  • insiders are NET SELLERS over the window
  • CFO purchases $173,650 (CFO)
  • 0.7 bps of market cap
  • a NEW position for the CFO
  • 85 days since the last CFO buy
Cross-asset confirmation
  • closest sector ETF: XLF
  • XLF above rising 200DMA (sector-led)
  • XLF vs SPY 6m: -1.2 pts
  • stock vs XLF RS (3m/6m avg): +55.9 pts
What strengthens the thesis
  • A confirmed higher high above 77.82 on expanding OBV.
  • Pullbacks that hold the rising 50DMA with flat-to-rising OBV.
  • XLF extending its own trend while the stock holds relative strength.
  • Continued base-building above the reclaimed 200DMA without volatility expansion.
What invalidates the thesis
  • Loss of the rising 50DMA (55.52) with expanding volatility — reduce.
  • Breakdown below the prior structural base (48.19) — exit, no averaging down.
  • OBV divergence during a price acceleration — reduce.
  • Sector ETF losing its own 200DMA — remove capital regardless of stock behaviour.
Insider detail
  • CFO: Martin John Arthur — CFO
  • 1 CFO purchase(s), $173,650 total; last filed 2026-05-29 16:08:39
  • Market cap $2,591,747,840 · 20d avg dollar volume $31,354,617
Net insider activity
Insiders are NET SELLERS. The CFO purchase is contradicted.
Open-market purchases$12,464,773
Open-market sales$0
Sales after option exercise$26,675,522
Distinct buyers / sellers8 / 4
Net purchase ratio-0.36
Net purchase ratio, excl. option-exercise sales+1.00
Purchase tape
1 CFO purchase(s) worth $173,650, plus 8 by other insiders worth $12,291,123. Only the CFO purchases score on the size and recency terms.
Trade dateInsiderSharesPriceValuePrice now vs buy
20 Feb 2026Goldberg LouisDirector5,575$44.85$250,039+61.7%
14 May 2026Miller MarkCEO5,000$36.89$184,450+96.6%
15 May 2026Jones Mark E. Jr.COO2,650$37.50$99,375+93.4%
18 May 2026Thornthwaite Martin EllisOfficer5,000$41.50$207,500+74.7%
28 May 2026Martin John ArthurCFO5,000$34.73$173,650+108.8%
29 May 2026Langston Patrick Ryan10% owner2,800$35.56$99,568+103.9%
24 Jul 2026Durable Capital Partners LPUnclassified153,723$59.22$9,104,027+22.5%
31 Jul 2026Durable Capital Partners LPUnclassified36,256$61.92$2,245,140+17.1%
31 Jul 2026Lane Peter R.Director1,600$63.14$101,024+14.9%
Reaction to news
8 material events; 5 taken well, 1 badly; last earnings 22 Jul: absorbed (-4.4%).
SessionFilingEventGapDayvs SPYVol+5dRead
23 Jul 2610-QQuarterly report+0.9%+4.9%+6.1%1.7x+18.5%Rewarded
22 Jul 268-K · earningsResults of operations (earnings); Director or officer change+1.0%-4.4%-4.3%0.7x+37.6%Absorbed
14 Jul 268-KMaterial agreement-2.5%-8.3%-8.7%0.4x+6.9%Absorbed
04 May 268-KMaterial event+0.2%+0.2%+0.5%0.6x-7.9%Neutral
23 Apr 2610-QQuarterly report+17.1%+11.4%+11.8%2.5x-11.8%Faded
22 Apr 268-K · earningsResults of operations (earnings); Director or officer change; Other material event+0.0%+2.0%+1.0%1.2x+3.6%Rewarded
08 Apr 268-K/ADirector or officer change+0.5%+2.2%-0.4%0.7x-9.7%Rewarded
31 Mar 268-KDirector or officer change; Other material event-0.2%+0.9%-2.1%1.2x+7.0%Neutral