General Motors Company (NYSE:GM) (TSE:GMM.U) insider Karl-Thomas Neumann sold 234,274 shares of the business’s stock in a transaction that occurred on Tuesday, August 1st. The stock was sold at an average price of $34.77, for a total value of $8,145,706.98. Following the transaction, the insider now owns 234,274 shares of the company’s stock, valued at $8,145,706.98. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Karl-Thomas Neumann also recently made the following trade(s):

  • On Monday, May 22nd, Karl-Thomas Neumann sold 46,472 shares of General Motors stock. The stock was sold at an average price of $32.84, for a total value of $1,526,140.48.

General Motors Company (NYSE:GM) traded up 1.52% during trading on Friday, hitting $35.30. 5,121,831 shares of the stock traded hands. The company’s 50 day moving average is $35.21 and its 200 day moving average is $35.22. The company has a market capitalization of $51.44 billion, a P/E ratio of 6.14 and a beta of 1.45. General Motors Company has a one year low of $29.91 and a one year high of $38.55.

General Motors (NYSE:GM) (TSE:GMM.U) last released its earnings results on Tuesday, July 25th. The auto manufacturer reported $1.89 earnings per share for the quarter, beating analysts’ consensus estimates of $1.72 by $0.17. The business had revenue of $36.98 billion during the quarter, compared to the consensus estimate of $37.67 billion. General Motors had a net margin of 5.38% and a return on equity of 22.45%. The firm’s revenue for the quarter was down 1.1% compared to the same quarter last year. During the same quarter last year, the firm earned $1.86 earnings per share. On average, equities analysts forecast that General Motors Company will post $6.14 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 22nd. Investors of record on Friday, September 8th will be given a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a yield of 4.37%. The ex-dividend date is Thursday, September 7th. General Motors’s dividend payout ratio (DPR) is currently 26.48%.

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GM has been the subject of several analyst reports. Zacks Investment Research upgraded General Motors from a “hold” rating to a “buy” rating and set a $38.00 price objective for the company in a research report on Wednesday, June 21st. Bank of America Corporation reiterated a “buy” rating and set a $40.00 price objective (down from $44.00) on shares of General Motors in a research report on Friday, June 16th. BidaskClub upgraded General Motors from a “hold” rating to a “buy” rating in a research report on Wednesday, June 14th. Jefferies Group LLC reiterated a “buy” rating and set a $36.00 price objective on shares of General Motors in a research report on Tuesday, June 13th. Finally, Nomura reiterated a “buy” rating and set a $47.00 price objective on shares of General Motors in a research report on Tuesday, May 2nd. Two investment analysts have rated the stock with a sell rating, thirteen have given a hold rating, ten have assigned a buy rating and three have issued a strong buy rating to the company’s stock. General Motors currently has a consensus rating of “Buy” and a consensus target price of $39.38.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its position in General Motors by 3.2% in the first quarter. Vanguard Group Inc. now owns 89,853,324 shares of the auto manufacturer’s stock worth $3,177,214,000 after buying an additional 2,744,821 shares during the period. State Street Corp increased its position in General Motors by 3.9% in the first quarter. State Street Corp now owns 60,423,820 shares of the auto manufacturer’s stock worth $2,136,563,000 after buying an additional 2,252,866 shares during the period. Dimensional Fund Advisors LP increased its position in General Motors by 2.0% in the first quarter. Dimensional Fund Advisors LP now owns 14,508,664 shares of the auto manufacturer’s stock worth $513,021,000 after buying an additional 284,693 shares during the period. Geode Capital Management LLC increased its position in General Motors by 9.9% in the first quarter. Geode Capital Management LLC now owns 14,071,387 shares of the auto manufacturer’s stock worth $496,891,000 after buying an additional 1,266,564 shares during the period. Finally, Legal & General Group Plc increased its position in General Motors by 2.0% in the second quarter. Legal & General Group Plc now owns 7,772,671 shares of the auto manufacturer’s stock worth $271,505,000 after buying an additional 154,230 shares during the period. 76.04% of the stock is owned by institutional investors and hedge funds.

About General Motors

General Motors Company designs, builds and sells cars, trucks, crossovers and automobile parts. The Company’s segments include GM North America (GMNA), GM Europe (GME), GM International Operations (GMIO), GM South America (GMSA) and General Motors Financial Company, Inc (GM Financial). The Company provides automotive financing services through General Motors Financial Company, Inc The Company develops, manufactures and/or markets vehicles in North America under the brands, including Buick, Cadillac, Chevrolet and GMC.

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

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