SCHEDULE 13G/A: Investment Firms Disclose Significant Stake in Goosehead Insurance, Exceeding 11% Beneficial Ownership

Kayne Anderson Rudnick Investment Management, LLC, along with its affiliates, has disclosed a beneficial ownership of 11.47% in Goosehead Insurance, Inc. common stock as of December 31, 2024.

Summary

• Kayne Anderson Rudnick Investment Management, LLC (KAR) reported beneficial ownership of 2,798,576 shares of Goosehead Insurance, Inc. common stock, representing 11.47% of the class.
• KAR holds sole voting power over 703,593 shares and shared voting power over 2,063,721 shares.
• KAR also holds sole dispositive power over 734,855 shares and shared dispositive power over 2,063,721 shares.
• Virtus Investment Advisers, LLC (VIA) reported beneficial ownership of 1,874,872 shares, representing 7.69% of the class, with all shares held under shared voting and dispositive power.
• The amounts reported by VIA are included within the total beneficial ownership reported by KAR.
• Virtus Equity Trust on behalf of Virtus KAR Small Cap Growth Fund (VET) reported beneficial ownership of 1,293,115 shares, representing 5.3% of the class, with all shares held under shared voting and dispositive power.
• The amounts reported by VET are included within the total beneficial ownership reported by VIA, and consequently, within KAR's total.
• The filing is an Amendment No. 10 to Schedule 13G, indicating an update to previously disclosed ownership information.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that would inherently indicate positive or negative sentiment regarding the issuer's performance or outlook.

Future Outlook

NA

Industry Context

This filing indicates significant institutional investment in Goosehead Insurance, Inc., an insurance company. Such disclosures are common for publicly traded companies and reflect the holdings of major investment firms in the sector.

Stakeholder Impact

• Shareholders: Provides transparency regarding significant institutional ownership, which can influence market perception and trading activity.

Key Dates

Keywords

Goosehead Insurance, SEC filing, Schedule 13G, beneficial ownership, institutional investment, Kayne Anderson Rudnick, Virtus Investment Advisers, common stock, investment management, insurance industry