In a filing, Goldman Sachs Group, Inc revealed its Chairman of the Board and CEO SOLOMON DAVID M unloaded Company’s shares for reported $1.5 million on Feb 26 ’25. In the deal valued at $622.15 per share,2,415 shares were sold. As a result of this transaction, SOLOMON DAVID M now holds 115,468 shares worth roughly $63.66 million.
Then, SOLOMON DAVID M bought 2,415 shares, generating $1,485,008 in total proceeds.
Before that, 2021 Lee Family GST Trust bought 1,600 shares. Goldman Sachs Group, Inc shares valued at $1,056,880 were divested by the insider at a price of $660.55 per share.
Keefe Bruyette downgraded its Goldman Sachs Group, Inc [GS] rating to a Mkt perform from a an Outperform in a research note published on February 27, 2025; the price target was decreased to $660 from $690. A number of analysts have revised their coverage, including UBS’s analysts, who decreased its forecast for the stock in early January from “a Buy” to “a Neutral”. HSBC Securities also remained covering GS and has decreased its forecast on November 26, 2024 with a “Hold” recommendation from previously “Buy” rating. Seaport Research Partners revised its rating on July 02, 2024. It rated GS as “a Neutral” which previously was an “a Buy”.
Price Performance Review of GS
On Monday, Goldman Sachs Group, Inc [NYSE:GS] saw its stock jump 1.83% to $551.34. Over the last five days, the stock has gained 3.70%. Goldman Sachs Group, Inc shares have fallen nearly -3.72% since the year began. Nevertheless, the stocks have risen 40.54% over the past one year. While a 52-week high of $672.19 was reached on 02/18/25, a 52-week low of $383.41 was recorded on 03/13/25. SMA at 50 days reached $609.59, while 200 days put it at $537.29.
Levels Of Support And Resistance For GS Stock
The 24-hour chart illustrates a support level at 541.84, which if violated will result in even more drops to 532.34. On the upside, there is a resistance level at 559.00. A further resistance level may holdings at 566.66. The Relative Strength Index (RSI) on the 14-day chart is 37.84, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -30.19, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 71.23%. Stochastics %K at 17.34% indicates the stock is a buying.
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 2025-02-28, growing by 0.55 million shares to a total of 4.84 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 4.29 million shares. There was a rise of 11.29%, which implies that there is a positive sentiment for the stock.
