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 $1,502,492 were sold by SOLOMON DAVID M on Feb 26 ’25. At $622.15 per share, SOLOMON DAVID M sold 2,415 shares. The insider’s holdings dropped to 115,468 shares worth approximately $65.55 million following the completion of this transaction.
Also, SOLOMON DAVID M purchased 2,415 shares, netting a total of over 1,485,008 in proceeds.
Before that, 2021 Lee Family GST Trust had added 1,600 shares to its account. In a trade valued at $1,056,880, the insider bought Goldman Sachs Group, Inc shares for $660.55 each.
As published in a research note from Keefe Bruyette on February 27, 2025, Goldman Sachs Group, Inc [GS] has been rated down from an Outperform to a Mkt perform and the price target has been revised to $660 from $690. Analysts at UBS downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in early January. As of November 26, 2024, HSBC Securities has decreased its “Buy” rating to a “Hold” for GS. Earlier on July 02, 2024, Seaport Research Partners downgraded its rating. Their new recommendation was “a Neutral” for GS stock which previously was a “a Buy”.
Analyzing GS Stock Performance
During the last five days, there has been a drop of approximately -6.63%. Over the course of the year, Goldman Sachs Group, Inc shares have dropped approximately -0.86%. Shares of the company reached a 52-week high of $672.19 on 02/18/25 and a 52-week low of $556.76 on 01/13/25. A 50-day SMA is recorded $614.53, while a 200-day SMA reached $534.62.
Support And Resistance Levels for Goldman Sachs Group, Inc (GS)
According to the 24-hour chart, there is a support level at 559.29, which, if violated, would cause prices to drop to 550.91. In the upper region, resistance lies at 581.38. The next price resistance is at 595.09. RSI (Relative Strength Index) is 32.49 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -41.16, which suggests the price will decrease in the coming days. Percent R is at 97.16%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
