Insider Selling: GAP (NYSE:GAP) Insider Sells $628,500.00 in Stock

The Gap, Inc. (NYSE:GAPGet Free Report) insider Amanda Thompson sold 25,000 shares of the stock in a transaction on Monday, April 6th. The stock was sold at an average price of $25.14, for a total transaction of $628,500.00. Following the completion of the transaction, the insider directly owned 86,228 shares in the company, valued at $2,167,771.92. The trade was a 22.48% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

GAP Stock Performance

GAP stock opened at $26.35 on Friday. The Gap, Inc. has a fifty-two week low of $17.90 and a fifty-two week high of $29.36. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.08 and a current ratio of 1.75. The stock has a market cap of $9.63 billion, a P/E ratio of 12.26, a price-to-earnings-growth ratio of 1.47 and a beta of 2.27. The firm’s fifty day moving average price is $26.09 and its 200-day moving average price is $25.21.

GAP (NYSE:GAPGet Free Report) last announced its earnings results on Thursday, March 5th. The company reported $0.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by ($0.01). GAP had a return on equity of 22.98% and a net margin of 5.31%.The company had revenue of $4.24 billion during the quarter, compared to analysts’ expectations of $4.24 billion. During the same quarter last year, the firm posted $0.54 earnings per share. The firm’s revenue was up 2.1% on a year-over-year basis. GAP has set its FY 2026 guidance at 2.200-2.350 EPS. On average, equities research analysts expect that The Gap, Inc. will post 2.02 earnings per share for the current fiscal year.

GAP Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 29th. Stockholders of record on Wednesday, April 8th will be given a dividend of $0.175 per share. This is a boost from GAP’s previous quarterly dividend of $0.17. The ex-dividend date is Wednesday, April 8th. This represents a $0.70 annualized dividend and a dividend yield of 2.7%. GAP’s dividend payout ratio is currently 32.56%.

Institutional Investors Weigh In On GAP

Institutional investors have recently bought and sold shares of the stock. Ameriprise Financial Inc. grew its position in GAP by 4.1% during the 3rd quarter. Ameriprise Financial Inc. now owns 4,588,800 shares of the company’s stock worth $98,154,000 after acquiring an additional 180,991 shares during the last quarter. Geode Capital Management LLC lifted its position in GAP by 0.3% in the fourth quarter. Geode Capital Management LLC now owns 4,291,846 shares of the company’s stock valued at $110,750,000 after purchasing an additional 14,141 shares during the last quarter. LSV Asset Management boosted its stake in shares of GAP by 3.6% during the fourth quarter. LSV Asset Management now owns 3,462,702 shares of the company’s stock valued at $88,645,000 after purchasing an additional 121,001 shares during the period. Bank of New York Mellon Corp boosted its stake in shares of GAP by 13.0% during the fourth quarter. Bank of New York Mellon Corp now owns 3,195,934 shares of the company’s stock valued at $81,816,000 after purchasing an additional 368,191 shares during the period. Finally, Miller Howard Investments Inc. NY bought a new position in shares of GAP in the fourth quarter worth approximately $20,561,000. 58.81% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on GAP. JPMorgan Chase & Co. boosted their target price on GAP from $33.00 to $35.00 and gave the stock an “overweight” rating in a research report on Friday, March 20th. Telsey Advisory Group increased their price target on shares of GAP from $32.00 to $34.00 and gave the company an “outperform” rating in a research report on Monday, March 2nd. Zacks Research downgraded shares of GAP from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 2nd. UBS Group upgraded shares of GAP from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $26.00 to $41.00 in a report on Wednesday, January 7th. Finally, Weiss Ratings raised shares of GAP from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, March 25th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $30.62.

View Our Latest Research Report on GAP

GAP Company Profile

(Get Free Report)

Gap Inc is a global specialty retailer renowned for its portfolio of apparel and accessories brands, including Gap, Banana Republic, Old Navy and Athleta. The company designs, sources and markets clothing across a broad price range and style spectrum, catering to men, women and children. Its offerings extend from everyday wardrobe essentials such as denim, tees and outerwear to performance and lifestyle pieces, reflecting each brand’s distinct identity and price point.

Founded in San Francisco in 1969 by Donald and Doris Fisher, Gap Inc has grown into one of the world’s largest apparel companies.

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Insider Buying and Selling by Quarter for GAP (NYSE:GAP)

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