General Motors (NYSE:GM) CEO Sells $8,483,652.24 in Stock

General Motors Company (NYSE:GMGet Free Report) (TSE:GMM.U) CEO Mary Barra sold 103,057 shares of General Motors stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $82.32, for a total transaction of $8,483,652.24. Following the transaction, the chief executive officer directly owned 667,434 shares in the company, valued at $54,943,166.88. This represents a 13.38% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

General Motors Price Performance

NYSE:GM traded up $0.26 during trading hours on Thursday, hitting $84.38. 7,657,692 shares of the stock traded hands, compared to its average volume of 7,792,805. The company has a quick ratio of 0.99, a current ratio of 1.15 and a debt-to-equity ratio of 1.41. General Motors Company has a 1 year low of $46.81 and a 1 year high of $87.62. The company has a market cap of $76.08 billion, a price-to-earnings ratio of 34.03, a price-to-earnings-growth ratio of 0.40 and a beta of 1.29. The stock has a 50 day moving average price of $76.53 and a 200 day moving average price of $77.93.

General Motors (NYSE:GMGet Free Report) (TSE:GMM.U) last issued its quarterly earnings results on Tuesday, April 28th. The auto manufacturer reported $3.70 earnings per share for the quarter, beating the consensus estimate of $2.61 by $1.09. The business had revenue of $43.62 billion for the quarter, compared to the consensus estimate 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 in the previous year, the firm earned $2.78 earnings per share. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. Sell-side analysts forecast that General Motors Company will post 12.85 EPS for the current fiscal year.

General Motors Announces Dividend

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

Institutional Investors Weigh In On General Motors

Several large investors have recently bought and sold shares of GM. Brighton Jones LLC increased its position in General Motors by 456.1% in the fourth quarter. Brighton Jones LLC now owns 38,717 shares of the auto manufacturer’s stock worth $2,062,000 after purchasing an additional 31,755 shares during the last quarter. Sivia Capital Partners LLC increased its position in General Motors by 61.4% in the second quarter. Sivia Capital Partners LLC now owns 18,548 shares of the auto manufacturer’s stock worth $913,000 after purchasing an additional 7,058 shares during the last quarter. Baird Financial Group Inc. increased its position in General Motors by 4.8% in the second quarter. Baird Financial Group Inc. now owns 37,524 shares of the auto manufacturer’s stock worth $1,847,000 after purchasing an additional 1,706 shares during the last quarter. Jump Financial LLC increased its position in General Motors by 45.7% in the second quarter. Jump Financial LLC now owns 25,366 shares of the auto manufacturer’s stock worth $1,248,000 after purchasing an additional 7,951 shares during the last quarter. Finally, AXA S.A. increased its position in General Motors by 69.4% in the second quarter. AXA S.A. now owns 66,547 shares of the auto manufacturer’s stock worth $3,275,000 after purchasing an additional 27,270 shares during the last quarter. Institutional investors own 92.67% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. DZ Bank upgraded shares of General Motors from a “hold” rating to a “buy” rating and set a $98.00 price objective on the stock in a research report on Thursday, January 29th. Wells Fargo & Company lifted their price objective on shares of General Motors from $57.00 to $59.00 and gave the company an “underweight” rating in a research report on Wednesday, April 29th. Jefferies Financial Group lifted their price objective on shares of General Motors from $85.00 to $97.00 and gave the company a “hold” rating in a research report on Monday, February 2nd. Benchmark lifted their price objective on shares of General Motors from $65.00 to $90.00 and gave the company a “buy” rating in a research report on Tuesday, February 10th. Finally, Wedbush reiterated an “outperform” rating and set a $95.00 price objective on shares of General Motors in a research report on Monday, May 11th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, General Motors presently has an average rating of “Moderate Buy” and a consensus price target of $94.65.

View Our Latest Analysis on General Motors

Key General Motors News

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

About General Motors

(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.

Featured Stories

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

Receive News & Ratings for General Motors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for General Motors and related companies with MarketBeat.com's FREE daily email newsletter.