Goldman Sachs Group, Inc.’s filing revealed that its Director VINIAR DAVID A unloaded Company’s shares for reported $2.16 million on Apr 29 ’24. In the deal valued at $432.25 per share,5,000 shares were sold. As a result of this transaction, VINIAR DAVID A now holds 623,425 shares worth roughly $276.59 million.
Then, COLEMAN DENIS P. sold 12,680 shares, generating $5,001,372 in total proceeds. Upon selling the shares at $394.43, the Chief Financial Officer now owns 29,417 shares.
Before that, BERLINSKI PHILIP R. sold 11,650 shares. Goldman Sachs Group, Inc. shares valued at $4,550,948 were divested by the Global Treasurer at a price of $390.64 per share. As a result of the transaction, BERLINSKI PHILIP R. now holds 18,408 shares, worth roughly $8.17 million.
Argus upgraded its Goldman Sachs Group, Inc. [GS] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Daiwa Securities’s analysts, who increased its forecast for the stock in mid March from “a Neutral” to “an Outperform”. Edward Jones began covering GS with “Buy” recommendation on February 27, 2024. Morgan Stanley revised its rating on January 30, 2024. It rated GS as “an Overweight” which previously was an “an Equal-weight”.
Price Performance Review of GS
On Monday, Goldman Sachs Group, Inc. [NYSE:GS] saw its stock jump 1.25% to $443.67. Over the last five days, the stock has gained 2.99%. Goldman Sachs Group, Inc. shares have risen nearly 15.01% since the year began. Nevertheless, the stocks have risen 38.10% over the past one year. While a 52-week high of $442.30 was reached on 05/06/24, a 52-week low of $289.36 was recorded on 01/19/24. SMA at 50 days reached $405.13, while 200 days put it at $361.40. A total of 1.91 million shares were traded, compared to the trading of 2.41 million shares in the previous session.
Levels Of Support And Resistance For GS Stock
The 24-hour chart illustrates a support level at 440.77, which if violated will result in even more drops to 437.88. On the upside, there is a resistance level at 445.47. A further resistance level may holdings at 447.27. The Relative Strength Index (RSI) on the 14-day chart is 71.90, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 15.15, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 1.64%. Stochastics %K at 95.60% indicates the stock is a selling.
The most recent change occurred on January 18, 2024 when BMO Capital Markets resumed its ‘”a Market perform”‘ rating for the stock and retained the price target to $360.
