Goldman Sachs Group, Inc’s filing revealed that its CHIEF RISK OFFICER GOLTEN ALEX S unloaded Company’s shares for reported $3.31 million on Jan 28 ’25. In the deal valued at $636.25 per share,5,208 shares were sold. As a result of this transaction, GOLTEN ALEX S now holds 3,545 shares worth roughly $2.24 million.
Then, GOLTEN ALEX S bought 5,208 shares, generating $3,298,122 in total proceeds.
Before that, HALIO CAREY sold 3,640 shares. Goldman Sachs Group, Inc shares valued at $2,317,733 were divested by the Global Treasurer at a price of $636.74 per share. As a result of the transaction, HALIO CAREY now holds 4,552 shares, worth roughly $2.88 million.
UBS downgraded its Goldman Sachs Group, Inc [GS] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including HSBC Securities’s analysts, who decreased its forecast for the stock in late November from “a Buy” to “a Hold”. Seaport Research Partners also remained covering GS and has decreased its forecast on July 02, 2024 with a “Neutral” recommendation from previously “Buy” rating. Argus revised its rating on April 16, 2024. It rated GS as “a Buy” which previously was an “a Hold”.
Price Performance Review of GS
On Monday, Goldman Sachs Group, Inc [NYSE:GS] saw its stock fall -1.25% to $632.37. Over the last five days, the stock has lost -0.14%. Goldman Sachs Group, Inc shares have risen nearly 10.43% since the year began. Nevertheless, the stocks have risen 64.68% over the past one year. While a 52-week high of $650.00 was reached on 01/31/25, a 52-week low of $375.20 was recorded on 01/13/25. SMA at 50 days reached $596.60, while 200 days put it at $512.98.
Levels Of Support And Resistance For GS Stock
The 24-hour chart illustrates a support level at 623.74, which if violated will result in even more drops to 615.11. On the upside, there is a resistance level at 639.74. A further resistance level may holdings at 647.11. The Relative Strength Index (RSI) on the 14-day chart is 61.90, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 11.83, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 20.79%. Stochastics %K at 88.27% indicates the stock is a selling.
How much short interest is there in Goldman Sachs Group, Inc?
A steep rise in short interest was recorded in Goldman Sachs Group, Inc stocks on 2024-12-31, dropping by -0.49 million shares to a total of 4.55 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 5.05 million shares. There was a decline of -10.79%, which implies that there is a negative sentiment for the stock.
