Mary Barra Sells 215,391 Shares of General Motors (NYSE:GM) Stock

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

General Motors Trading Down 1.1%

NYSE:GM opened at $83.39 on Friday. 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 firm has a market cap of $75.19 billion, a price-to-earnings ratio of 33.63, a price-to-earnings-growth ratio of 0.42 and a beta of 1.29. General Motors Company has a 52 week low of $46.81 and a 52 week high of $87.62. The firm has a 50-day moving average price of $76.93 and a two-hundred day moving average price of $78.07.

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, beating the consensus estimate of $2.61 by $1.09. The firm had revenue of $43.62 billion during the quarter, compared to analyst estimates of $43.51 billion. General Motors had a net margin of 1.38% and a return on equity of 16.68%. The company’s revenue for the quarter was down .9% on a year-over-year basis. During the same quarter last year, the business posted $2.78 EPS. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. On average, equities analysts expect that General Motors Company will post 12.85 earnings per share for the current fiscal year.

General Motors Dividend Announcement

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

Institutional Investors Weigh In On General Motors

A number of large investors have recently added to or reduced their stakes in GM. Norges Bank bought a new stake in shares of General Motors during the 4th quarter valued at about $918,724,000. Viking Global Investors LP boosted its stake in General Motors by 81.1% during the second quarter. Viking Global Investors LP now owns 13,018,874 shares of the auto manufacturer’s stock worth $640,659,000 after acquiring an additional 5,830,050 shares in the last quarter. Life Cycle Investment Partners Ltd bought a new stake in General Motors during the fourth quarter worth about $309,380,000. Two Sigma Investments LP boosted its stake in General Motors by 348.4% during the third quarter. Two Sigma Investments LP now owns 3,549,170 shares of the auto manufacturer’s stock worth $216,393,000 after acquiring an additional 2,757,695 shares in the last quarter. Finally, SEB Asset Management AB bought a new stake in General Motors during the first quarter worth about $171,892,000. Institutional investors own 92.67% of the company’s stock.

Key General Motors News

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

Wall Street Analyst Weigh In

Several research firms have issued reports on GM. The Goldman Sachs Group lowered their target price on shares of General Motors from $104.00 to $91.00 and set a “buy” rating on the stock in a research note on Tuesday, April 14th. Deutsche Bank Aktiengesellschaft upgraded shares of General Motors from a “hold” rating to a “buy” rating and increased their target price for the stock from $83.00 to $90.00 in a research note on Tuesday, April 14th. Evercore reiterated an “outperform” rating and issued a $100.00 target price on shares of General Motors in a research note on Monday, May 4th. Bank of America began coverage on shares of General Motors in a research note on Wednesday, March 4th. They issued a “buy” rating and a $105.00 target price on the stock. Finally, Citigroup increased their target price on shares of General Motors from $105.00 to $108.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $94.65.

View Our Latest Analysis on General Motors

General Motors Company Profile

(Get Free Report)

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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