SCHEDULE 13G/A: Wasatch Advisors LP Discloses 8.1% Passive Stake in Goosehead Insurance

Wasatch Advisors LP has filed an amended Schedule 13G, reporting a passive beneficial ownership of 8.1% of Goosehead Insurance, Inc.'s Class A Common Stock as of March 31, 2025.

Summary

• Wasatch Advisors LP, a Delaware-based investment adviser, reported beneficial ownership of 2,021,592 shares of Goosehead Insurance, Inc.'s Class A Common Stock.
• This represents 8.1% of the Class A Common Stock outstanding.
• The filing indicates that the shares were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of Goosehead Insurance, Inc.
• Wasatch Advisors LP holds sole voting power over 1,507,258 shares and sole dispositive power over all 2,021,592 shares.

Sentiment

Score: 7

Explanation: The filing indicates a significant, passive institutional investment, which is generally a positive signal of confidence in the company, although it provides no operational or financial performance details.

Positives

• A significant institutional investor, Wasatch Advisors LP, maintains a substantial stake in Goosehead Insurance, indicating continued confidence in the company.
• The filing explicitly states the investment is passive, suggesting no immediate intent to disrupt current management or strategy.

Future Outlook

This Schedule 13G filing does not provide forward-looking statements or guidance regarding Goosehead Insurance, Inc.'s future performance or strategic direction. It solely reports a beneficial ownership stake.

Management Comments

• The document contains a certification from Wasatch Advisors LP's CEO, Mike Yeates, stating that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.

Industry Context

This filing is a routine disclosure of a significant passive investment by an institutional asset manager in an insurance industry company. It reflects an investment decision by Wasatch Advisors LP, a firm known for its long-term investment strategies, within the broader financial services and insurance sector.

Comparison to Industry Standards

• This document is a standard Schedule 13G filing, which is a regulatory requirement for investors acquiring more than 5% of a company's stock with a passive intent. It does not contain information for direct comparison to specific companies or projects within the insurance industry, as it focuses solely on the ownership stake of Wasatch Advisors LP in Goosehead Insurance, Inc.

Stakeholder Impact

• Shareholders: The disclosure of a significant institutional investor's stake may provide a degree of confidence to existing and potential shareholders, signaling institutional interest in the company.

Next Steps

• The document does not specify any future actions, events, or milestones for Goosehead Insurance, Inc. or Wasatch Advisors LP beyond the regulatory filing itself.

Key Dates

Keywords

Goosehead Insurance, Wasatch Advisors LP, Schedule 13G, Beneficial Ownership, Class A Common Stock, Investment Adviser, Passive Investment, SEC Filing