General Motors Company’s recent filing unveils that its Officer CRAIG GLIDDEN acquired Company’s shares for reported $3.42 million on Feb 26 ’25. In the deal valued at $49.81 per share,68,687 shares were bought.
Then, KELLY ALFRED F JR bought 12,000 shares, generating $607,920 in total proceeds. Upon buying the shares at $50.66, the Director now owns 13,714 shares.
Before that, Harvey Rory sold 8,919 shares. General Motors Company shares valued at $535,229 were divested by the Executive Vice President at a price of $60.01 per share. As a result of the transaction, Harvey Rory now holds 8,513 shares, worth roughly $0.4 million.
JP Morgan reiterated its General Motors Company [GM] rating to an Overweight in a research note published on March 27, 2025; the price target was $53. A number of analysts have revised their coverage, including TD Cowen’s analysts, who began to cover the stock in early March with a ‘”a Buy”‘ rating. Deutsche Bank also remained covering GM and has increased its forecast on January 21, 2025 with a “Buy” recommendation from previously “Hold” rating. HSBC Securities revised its rating on December 11, 2024. It rated GM as “a Hold” which previously was an “a Buy”.
Price Performance Review of GM
On Friday, General Motors Company [NYSE:GM] saw its stock fall -1.10% to $46.68. Over the last five days, the stock has lost -6.27%. General Motors Company shares have fallen nearly -12.37% since the year began. Nevertheless, the stocks have risen 6.09% over the past one year. While a 52-week high of $61.24 was reached on 01/27/25, a 52-week low of $38.96 was recorded on 03/04/25. SMA at 50 days reached $48.95, while 200 days put it at $49.21.
Levels Of Support And Resistance For GM Stock
The 24-hour chart illustrates a support level at 45.95, which if violated will result in even more drops to 45.21. On the upside, there is a resistance level at 47.28. A further resistance level may holdings at 47.87. The Relative Strength Index (RSI) on the 14-day chart is 42.52, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.81, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 88.37%. Stochastics %K at 31.84% indicates the stock is a holding.
How much short interest is there in General Motors Company?
A steep rise in short interest was recorded in General Motors Company stocks on 2025-03-14, growing by 18.96 million shares to a total of 44.14 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 25.18 million shares. There was a rise of 42.95%, which implies that there is a positive sentiment for the stock.
