Insider Selling: General Motors (NYSE:GM) EVP Sells 9,124 Shares of Stock

General Motors Company (NYSE:GM) (TSE:GMM.U) EVP Rory Harvey sold 9,124 shares of the business’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $84.97, for a total transaction of $775,266.28. Following the transaction, the executive vice president owned 37,395 shares in the company, valued at $3,177,453.15. This represents a 19.61% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Rory Harvey also recently made the following trade(s):

• On Wednesday, May 27th, Rory Harvey sold 79,494 shares of General Motors stock. The stock was sold at an average price of $83.02, for a total transaction of $6,599,591.88.
• On Friday, May 22nd, Rory Harvey sold 5,652 shares of General Motors stock. The stock was sold at an average price of $79.57, for a total value of $449,729.64.

General Motors Stock Down 0.7%

Shares of GM traded down $0.55 on Monday, reaching $82.69. The stock had a trading volume of 7,421,326 shares, compared to its average volume of 7,864,539. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.99 and a current ratio of 1.15. General Motors Company has a 12-month low of $46.81 and a 12-month high of $87.62. The firm has a market capitalization of $74.55 billion, a price-to-earnings ratio of 33.34, a price-to-earnings-growth ratio of 0.42 and a beta of 1.30. The company has a 50-day simple moving average of $76.93 and a 200-day simple moving average of $78.12.

General Motors (NYSE:GM) (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, topping the consensus estimate of $2.61 by $1.09. The company had revenue of $43.62 billion for the quarter, compared to analysts’ expectations of $43.51 billion. General Motors had a return on equity of 16.68% and a net margin of 1.38%.The firm’s revenue for the quarter was down .9% on a year-over-year basis. During the same period in the prior 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 predict that General Motors Company will post 12.85 EPS for the current year.

General Motors Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. Benchmark raised their target price on shares of General Motors from $65.00 to $90.00 and gave the company a “buy” rating in a research note on Tuesday, February 10th. UBS Group raised their price objective on General Motors from $102.00 to $105.00 and gave the company a “buy” rating in a research report on Tuesday, April 14th. Citigroup increased their target price on General Motors from $108.00 to $131.00 and gave the stock a “buy” rating in a research note on Monday. Wedbush reiterated an “outperform” rating and issued a $95.00 price target on shares of General Motors in a research note on Monday, May 11th. Finally, Wolfe Research raised shares of General Motors from a “peer perform” rating to an “outperform” rating and set a $96.00 price objective on the stock in a research report on Wednesday, March 25th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $95.65.

Key Stories Impacting General Motors

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

• Negative Sentiment: Nearly 1,000 United Auto Workers members at American Axle’s Michigan plant have gone on strike after contract talks broke down, threatening the supply of axles and components used in GM’s truck lineup. Any prolonged stoppage could hurt GM’s truck output and near-term earnings. UAW union strike threatens General Motors truck production
• Negative Sentiment: Reuters also reported that the supplier strike could impact GM truck production, reinforcing concerns that a disruption at one of GM’s most important parts vendors may hit one of the company’s most profitable businesses. GM supplier strike could impact truck production
• Neutral Sentiment: Separately, GM continued to draw attention at the Detroit Grand Prix and with design/brand updates, including a Pasadena design studio opening and new Hummer concepts. These items are more about positioning and brand visibility than immediate stock-moving fundamentals.
• Negative Sentiment: GM also faced added headlines around vehicle recalls tied to airbag hazards, which can pressure sentiment by raising warranty, repair, and reputation concerns.

Institutional Investors Weigh In On General Motors

Large investors have recently bought and sold shares of the business. M&T Bank Corp increased its holdings in General Motors by 82.0% during the fourth quarter. M&T Bank Corp now owns 72,062 shares of the auto manufacturer’s stock valued at $5,860,000 after buying an additional 32,474 shares during the period. Legacy Capital Group California Inc. lifted its holdings in General Motors by 206.4% during the fourth quarter. Legacy Capital Group California Inc. now owns 21,004 shares of the auto manufacturer’s stock worth $1,708,000 after buying an additional 14,150 shares during the period. Perbak Capital Partners LLP boosted its position in General Motors by 94.1% during the 3rd quarter. Perbak Capital Partners LLP now owns 47,086 shares of the auto manufacturer’s stock valued at $2,871,000 after acquiring an additional 22,829 shares in the last quarter. Fieldview Capital Management LLC boosted its position in General Motors by 99.0% during the 3rd quarter. Fieldview Capital Management LLC now owns 28,237 shares of the auto manufacturer’s stock valued at $1,722,000 after acquiring an additional 14,048 shares in the last quarter. Finally, Leonteq Securities AG purchased a new position in shares of General Motors in the 4th quarter valued at $17,753,000. 92.67% of the stock is currently owned by institutional investors.

General Motors Company Profile

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.