Insider Selling: General Motors (NYSE:GM) CEO Sells $17,233,433.91 in Stock

General Motors Company (NYSE:GMGet Free Report) (TSE:GMM.U) CEO Mary Barra sold 215,391 shares of the business’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $80.01, for a total value of $17,233,433.91. Following the transaction, the chief executive officer owned 770,491 shares of the company’s stock, valued at $61,646,984.91. This trade represents a 21.85% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

General Motors Trading Down 1.1%

Shares of GM stock opened at $83.39 on Friday. General Motors Company has a 1 year low of $46.81 and a 1 year high of $87.62. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.99 and a current ratio of 1.15. The stock has a fifty day moving average of $76.93 and a two-hundred day moving average of $78.07. The firm has a market capitalization of $75.19 billion, a PE ratio of 33.63, a price-to-earnings-growth ratio of 0.42 and a beta of 1.29.

General Motors (NYSE:GMGet Free Report) (TSE:GMM.U) last posted its quarterly earnings data on Tuesday, April 28th. The auto manufacturer reported $3.70 EPS for the quarter, topping analysts’ consensus estimates of $2.61 by $1.09. General Motors had a return on equity of 16.68% and a net margin of 1.38%.The company had revenue of $43.62 billion for the quarter, compared to the consensus estimate of $43.51 billion. During the same quarter in the previous year, the business earned $2.78 EPS. The company’s quarterly revenue was down .9% compared to the same quarter last year. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. As a group, research analysts expect that General Motors Company will post 12.85 EPS for the current year.

General Motors Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Friday, June 5th will be paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, June 5th. General Motors’s payout ratio is currently 29.03%.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on GM shares. Benchmark boosted their price objective on General Motors from $65.00 to $90.00 and gave the stock a “buy” rating in a research note on Tuesday, February 10th. Mizuho dropped their price objective on General Motors from $105.00 to $100.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 29th. Wedbush reissued an “outperform” rating and issued a $95.00 price objective on shares of General Motors in a research note on Monday, May 11th. Royal Bank Of Canada cut their target price on General Motors from $96.00 to $95.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 29th. Finally, Barclays cut their target price on General Motors from $110.00 to $105.00 and set an “overweight” rating on the stock in a research report on Monday, March 30th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, General Motors currently has an average rating of “Moderate Buy” and an average price target of $94.65.

View Our Latest Report on GM

Institutional Investors Weigh In On General Motors

Institutional investors and hedge funds have recently modified their holdings of the stock. Laurel Wealth Advisors LLC acquired a new stake in shares of General Motors during the fourth quarter worth $25,000. Evergreen Advisors LLC acquired a new stake in shares of General Motors during the first quarter worth $26,000. Elevation Wealth Partners LLC raised its position in General Motors by 500.0% during the fourth quarter. Elevation Wealth Partners LLC now owns 330 shares of the auto manufacturer’s stock valued at $27,000 after buying an additional 275 shares during the period. SouthState Bank Corp raised its position in General Motors by 101.7% during the fourth quarter. SouthState Bank Corp now owns 351 shares of the auto manufacturer’s stock valued at $29,000 after buying an additional 177 shares during the period. Finally, Kelleher Financial Advisors acquired a new position in General Motors during the third quarter valued at $29,000. 92.67% of the stock is owned by institutional investors and hedge funds.

General Motors News Summary

Here are the key news stories impacting General Motors this week:

About General Motors

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General Motors Company (NYSE: GM) is a global automotive manufacturer headquartered in Detroit, Michigan, that designs, builds and sells cars, trucks, crossovers and electric vehicles, and provides related parts and services. Founded in 1908, GM has long been one of the world’s largest automakers and has evolved into a multi-brand company whose primary marques include Chevrolet, GMC, Cadillac and Buick. Beyond vehicle manufacturing, GM’s operations encompass vehicle financing, connected services and advanced mobility initiatives.

GM develops and markets a broad portfolio of products and technologies, including internal-combustion and battery-electric vehicles, vehicle components and on-board connectivity services.

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Insider Buying and Selling by Quarter for General Motors (NYSE:GM)

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