Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Goldman Sachs Group, Inc shares valued at $3,313,567 were sold by GOLTEN ALEX S on Jan 28 ’25. At $636.25 per share, GOLTEN ALEX S sold 5,208 shares. The insider’s holdings dropped to 3,545 shares worth approximately $2.33 million following the completion of this transaction.
Also, GOLTEN ALEX S purchased 5,208 shares, netting a total of over 3,298,122 in proceeds.
Before that, HALIO CAREY had sold 3,640 shares from its account. In a trade valued at $2,317,733, the Global Treasurer traded Goldman Sachs Group, Inc shares for $636.74 each. Upon closing the transaction, the insider’s holdings decreased to 3,640 shares, worth approximately $3.0 million.
As published in a research note from UBS on January 06, 2025, Goldman Sachs Group, Inc [GS] has been rated down from a Buy to a Neutral and the price target has been revised to $610. Analysts at HSBC Securities downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in late November. As of July 02, 2024, Seaport Research Partners has decreased its “Buy” rating to a “Neutral” for GS. Earlier on April 16, 2024, Argus upgraded its rating. Their new recommendation was “a Buy” for GS stock which previously was a “a Hold”.
Analyzing GS Stock Performance
During the last five days, there has been a surge of approximately 1.94%. Over the course of the year, Goldman Sachs Group, Inc shares have jumped approximately 14.95%. Shares of the company reached a 52-week high of $658.85 on 02/06/25 and a 52-week low of $556.76 on 01/13/25. A 50-day SMA is recorded $600.16, while a 200-day SMA reached $516.61. Nevertheless, trading volume fell to 2.44 million shares from 1.91 million shares the previous day.
Support And Resistance Levels for Goldman Sachs Group, Inc (GS)
According to the 24-hour chart, there is a support level at 651.82, which, if violated, would cause prices to drop to 645.43. In the upper region, resistance lies at 661.73. The next price resistance is at 665.25. RSI (Relative Strength Index) is 71.36 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 7.77, which suggests the price will increase in the coming days. Percent R is at 1.26%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
