Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. General Motors Company shares valued at $3,421,004 were purchased by CRAIG GLIDDEN on Feb 26 ’25. At $49.81 per share, CRAIG GLIDDEN acquired 68,687 shares.
Also, KELLY ALFRED F JR purchased 12,000 shares, netting a total of over 607,920 in proceeds. Following the buying of shares at $50.66 each, the insider now holds 13,714 shares.
Before that, Harvey Rory had sold 8,919 shares from its account. In a trade valued at $535,229, the Executive Vice President traded General Motors Company shares for $60.01 each. Upon closing the transaction, the insider’s holdings decreased to 8,919 shares, worth approximately $0.41 million.
As published in their initiating research note from TD Cowen on March 07, 2025, General Motors Company [GM] has been a Buy and the price target has been revised to $105. Analysts at Deutsche Bank upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in late January. As of December 11, 2024, HSBC Securities has decreased its “Buy” rating to a “Hold” for GM. Earlier on December 10, 2024, Morgan Stanley upgraded its rating. Their new recommendation was “an Equal-weight” for GM stock which previously was a “an Underweight”.
Analyzing GM Stock Performance
During the last five days, there has been a drop of approximately -1.20%. Over the course of the year, General Motors Company shares have dropped approximately -10.08%. Shares of the company reached a 52-week high of $55.06 on 01/27/25 and a 52-week low of $44.41 on 03/04/25. A 50-day SMA is recorded $49.60, while a 200-day SMA reached $48.94.
Support And Resistance Levels for General Motors Company (GM)
According to the 24-hour chart, there is a support level at 46.98, which, if violated, would cause prices to drop to 46.05. In the upper region, resistance lies at 48.78. The next price resistance is at 49.66. RSI (Relative Strength Index) is 48.75 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.60, which suggests the price will decrease in the coming days. Percent R is at 42.69%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
