Goldman Sachs Group Inc (GS) Insider Sells $3,066,313.38 in Stock

Goldman Sachs Group Inc (NYSE:GS) insider R. Martin Chavez sold 11,829 shares of the company’s stock in a transaction that occurred on Wednesday, February 7th. The shares were sold at an average price of $259.22, for a total value of $3,066,313.38. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

R. Martin Chavez also recently made the following trade(s):

  • On Wednesday, January 31st, R. Martin Chavez sold 11,829 shares of Goldman Sachs Group stock. The shares were sold at an average price of $268.73, for a total value of $3,178,807.17.

Goldman Sachs Group Inc (NYSE:GS) traded down $2.11 during trading on Friday, reaching $244.24. The company’s stock had a trading volume of 3,976,116 shares, compared to its average volume of 4,040,757. Goldman Sachs Group Inc has a 12-month low of $209.62 and a 12-month high of $273.79. The company has a debt-to-equity ratio of 2.82, a quick ratio of 0.90 and a current ratio of 0.90. The company has a market cap of $91,620.00, a price-to-earnings ratio of 28.02, a PEG ratio of 0.93 and a beta of 1.37.

Goldman Sachs Group (NYSE:GS) last posted its quarterly earnings data on Wednesday, January 17th. The investment management company reported $5.68 EPS for the quarter, topping the Zacks’ consensus estimate of $4.90 by $0.78. Goldman Sachs Group had a return on equity of 11.47% and a net margin of 13.36%. The firm had revenue of $7.83 billion for the quarter, compared to analyst estimates of $7.64 billion. During the same quarter last year, the company earned $5.08 EPS. The company’s revenue was down 4.2% on a year-over-year basis. equities analysts expect that Goldman Sachs Group Inc will post 21.56 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 29th. Shareholders of record on Thursday, March 1st will be paid a dividend of $0.75 per share. The ex-dividend date is Wednesday, February 28th. This represents a $3.00 dividend on an annualized basis and a yield of 1.23%. Goldman Sachs Group’s dividend payout ratio (DPR) is presently 34.60%.

A number of equities analysts have recently weighed in on the company. Vetr upgraded Goldman Sachs Group from a “sell” rating to a “hold” rating and set a $246.36 target price on the stock in a research note on Thursday. Morgan Stanley increased their target price on Goldman Sachs Group from $294.00 to $297.00 and gave the stock an “overweight” rating in a research note on Friday, February 2nd. Wells Fargo & Co reiterated an “outperform” rating and set a $320.00 target price on shares of Goldman Sachs Group in a research note on Thursday, January 25th. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $260.00 target price on shares of Goldman Sachs Group in a research note on Thursday, January 18th. Finally, Barclays reiterated an “equal weight” rating and set a $289.00 target price (down previously from $308.00) on shares of Goldman Sachs Group in a research note on Thursday, January 18th. Two equities research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of “Hold” and an average price target of $256.75.

A number of institutional investors have recently bought and sold shares of the business. Schroder Investment Management Group boosted its holdings in shares of Goldman Sachs Group by 29.5% in the 2nd quarter. Schroder Investment Management Group now owns 700,138 shares of the investment management company’s stock valued at $157,119,000 after purchasing an additional 159,329 shares in the last quarter. AMG National Trust Bank boosted its holdings in shares of Goldman Sachs Group by 2.7% in the 2nd quarter. AMG National Trust Bank now owns 10,422 shares of the investment management company’s stock valued at $2,313,000 after purchasing an additional 278 shares in the last quarter. Exencial Wealth Advisors LLC boosted its holdings in shares of Goldman Sachs Group by 1.2% in the 2nd quarter. Exencial Wealth Advisors LLC now owns 1,900 shares of the investment management company’s stock valued at $422,000 after purchasing an additional 22 shares in the last quarter. Tredje AP fonden boosted its holdings in shares of Goldman Sachs Group by 14.0% in the 2nd quarter. Tredje AP fonden now owns 36,132 shares of the investment management company’s stock valued at $8,018,000 after purchasing an additional 4,440 shares in the last quarter. Finally, CIBC World Markets Inc. boosted its holdings in shares of Goldman Sachs Group by 20.7% in the 2nd quarter. CIBC World Markets Inc. now owns 167,879 shares of the investment management company’s stock valued at $37,252,000 after purchasing an additional 28,776 shares in the last quarter. Hedge funds and other institutional investors own 73.52% of the company’s stock.

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Goldman Sachs Group Company Profile

The Goldman Sachs Group, Inc is an investment banking, securities and investment management company that provides a range of financial services to corporations, financial institutions, governments and individuals. The Company operates in four business segments: Investment Banking, Institutional Client Services, Investing & Lending, and Investment Management.

Insider Buying and Selling by Quarter for Goldman Sachs Group (NYSE:GS)

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