GSHD Goosehead Insurance, Inc.

Did the company actually spend money buying back stock in 3+ of the last 4 quarters?

Bought back stock in only 0/3 quarters. Q1 2026: $0M, Q3 2025: $0M, Q3 2024: $0M

Is the most recent quarter's buyback spend more than 15% above the trailing average?

No buyback activity

What percentage of free cash flow is going to buybacks? Bull: 30%+. Bear: negative FCF or no buybacks.

No buyback spending. FCF: $20M

How fast are they shrinking the float? Bull: 2%+ annually. Bear: under 0.5%.

Missing shares repurchased or outstanding data

Are officers and directors buying stock with their own money on the open market?

6 open-market purchases by 4 insiders

• Goldberg Louis () bought 5,575 shares at $44.85 on 2026-02-20
• Miller Mark (President and CEO) bought 5,000 shares at $72.34 on 2025-11-28
• O'Connor John Terry (General Counsel) bought 2,100 shares at $71.81 on 2025-11-26
• Jones Mark E. Jr. (CFO & COO) bought 7 shares at $74.45 on 2025-10-27
• Jones Mark E. Jr. (CFO & COO) bought 866 shares at $74.44 on 2025-10-27
• Jones Mark E. Jr. (Chief Financial Officer) bought 1,149 shares at $86.08 on 2025-07-29

Are both company buybacks and insider buying independently active? Bull when the company is buying back stock in 2+ quarters and insiders have made 2+ open-market purchases.

6 insider purchases but company buybacks inactive

Over the last 90 days, are insiders net buyers or net sellers on the open market?

Insiders bought $0M, sold $0M in the last 90 days (net selling)

Active buyback + insiders net selling 3x+ more than buying. Company cash may be supporting price while insiders exit.

No buyback-insider divergence detected