Insider Selling: GAP (NYSE:GAP) Director Sells $10,125,867.60 in Stock

The Gap, Inc. (NYSE:GAP) Director William Fisher sold 433,656 shares of the stock in a transaction on Monday, October 5th. The shares were sold at an average price of $23.35, for a total value of $10,125,867.60. Following the sale, the director owned 15,903,198 shares in the company, valued at $371,339,673.30. The trade was a 2.65% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

William Sydney Fisher also recently made the following trade(s):

• On Tuesday, October 6th, William Fisher sold 500,000 shares of GAP stock. The shares were sold at an average price of $23.89, for a total transaction of $11,945,000.00.
• On Wednesday, September 30th, William Fisher sold 66,344 shares of GAP stock. The stock was sold at an average price of $23.06, for a total transaction of $1,529,892.64.

GAP Stock Down 0.7%

GAP stock opened at $23.20 on Friday. The Gap, Inc. has a twelve month low of $18.11 and a twelve month high of $29.36. The firm has a market cap of $8.15 billion, a P/E ratio of 6.93, a P/E/G ratio of 0.98 and a beta of 2.05. The company has a quick ratio of 1.11, a current ratio of 1.82 and a debt-to-equity ratio of 0.38. The business has a fifty day moving average of $21.49 and a two-hundred day moving average of $22.02.

GAP (NYSE:GAP) last issued its quarterly earnings results on Thursday, August 27th. The company reported $0.52 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.04. The business had revenue of $3.65 billion during the quarter, compared to the consensus estimate of $3.69 billion. GAP had a return on equity of 19.72% and a net margin of 8.14%. The company’s quarterly revenue was down 2.0% on a year-over-year basis. During the same quarter last year, the company earned $0.57 earnings per share. GAP has set its FY 2026 guidance at 2.350-2.450 EPS. On average, analysts forecast that The Gap, Inc. will post 2.41 earnings per share for the current fiscal year.

GAP Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 28th. Stockholders of record on Wednesday, October 7th will be paid a dividend of $0.1750 per share. This represents a $0.70 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend is Wednesday, October 7th. GAP’s dividend payout ratio is presently 20.90%.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. Wells Fargo & Company upped their price objective on shares of GAP from $22.00 to $23.00 and gave the company a “cautious” rating in a research note on Friday, August 28th. Bank of America raised their price target on GAP from $26.00 to $27.00 and gave the stock a “neutral” rating in a research report on Friday, August 28th. The Goldman Sachs Group upped their target price on shares of GAP from $25.00 to $27.00 and gave the stock a “buy” rating in a research note on Monday, August 31st. BTIG Research lifted their price objective on GAP from $26.00 to $27.00 and gave the company a “buy” rating in a research note on Friday, August 28th. Finally, Jefferies Financial Group cut GAP from a “buy” rating to a “hold” rating and cut their price target for the company from $29.00 to $23.00 in a research note on Wednesday, August 12th. Two analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, GAP has a consensus rating of “Hold” and a consensus target price of $27.07.

Key GAP News

Here are the key news stories impacting GAP this week:

• Positive Sentiment: Gap launched a clothing collaboration with the Whitney Museum featuring Roy Lichtenstein artwork. The collection could strengthen the brand’s cultural relevance, generate consumer interest and support near-term product demand. Gap and the Whitney Museum apparel collection
• Positive Sentiment: The company is marking the anniversary of its first e-commerce site while highlighting expanded artificial-intelligence adoption. AI-assisted shopping may improve personalization, product discovery and online conversion, although Gap has not quantified the expected financial benefit. Gap e-commerce and AI strategy
• Positive Sentiment: A recent analysis noted that GAP has significantly outperformed the broader apparel-retail group over the past three months. The momentum, combined with a roughly seven-times earnings valuation and ongoing dividend, could attract value and momentum investors. GAP stock momentum analysis
• Neutral Sentiment: Director William Sydney Fisher reported sales totaling 933,656 shares, or approximately $22.1 million, while retaining about 15.9 million shares. The reduction is notable but does not represent a broad exit from the company. William Sydney Fisher insider sale
• Negative Sentiment: A Seeking Alpha downgrade argues that Old Navy is becoming a more serious problem for Gap. Because Old Navy is a key business segment, concerns about slowing growth, weak traffic or promotional pressure could weigh on earnings expectations and explain the softer stock performance. Gap Old Navy downgrade
• Negative Sentiment: Insider Julie Gruber sold 27,538 shares, reducing her direct holdings by about 47%. The transaction was executed under a pre-arranged Rule 10b5-1 plan, which limits its value as a signal of current management sentiment, but the sale may still pressure investor confidence. Julie Gruber insider sale

Institutional Trading of GAP

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. BlackRock Inc. acquired a new position in GAP during the second quarter worth approximately $428,824,000. Bank of New York Mellon Corp boosted its stake in shares of GAP by 13.0% in 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. Miller Howard Investments Inc. NY grew its stake in shares of GAP by 112.2% during the first quarter. Miller Howard Investments Inc. NY now owns 1,704,021 shares of the company’s stock valued at $41,237,000 after acquiring an additional 900,855 shares in the last quarter. Bank of America Corp DE acquired a new position in shares of GAP in the 2nd quarter valued at approximately $30,345,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in GAP by 5.1% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 720,170 shares of the company’s stock valued at $13,453,000 after acquiring an additional 35,103 shares in the last quarter. Hedge funds and other institutional investors own 58.81% of the company’s stock.

GAP Company Profile

Gap, Inc operates as a global apparel retail company, which offers clothing, apparel, accessories, and personal care products for men, women, and children. The firm operates through the following segments: Gap Global, Old Navy Global, Banana Republic Global, Athleta, and Other. The Gap Global segment includes apparel and accessories for men and women under the Gap brand, along with the GapKids, BabyGap, GapMaternity, GapBody, and GapFit collections. The Old Navy Global segment offers clothing and accessories for adults and children.