Goldman Sachs Group, Inc’s recently made public that 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 $63.08 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.
Oppenheimer downgraded its Goldman Sachs Group, Inc [GS] rating to a Perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Keefe Bruyette’s analysts, who decreased its forecast for the stock in late February from “an Outperform” to “a Mkt perform”. UBS also remained covering GS and has decreased its forecast on January 06, 2025 with a “Neutral” recommendation from previously “Buy” rating. HSBC Securities revised its rating on November 26, 2024. It rated GS as “a Hold” which previously was an “a Buy”.
Price Performance Review of GS
On Monday, Goldman Sachs Group, Inc [NYSE:GS] saw its stock jump 0.58% to $546.29. Over the last five days, the stock has lost -5.83%. Goldman Sachs Group, Inc shares have fallen nearly -4.60% since the year began. Nevertheless, the stocks have risen 31.56% over the past one year. While a 52-week high of $672.19 was reached on 02/18/25, a 52-week low of $387.12 was recorded on 03/13/25. SMA at 50 days reached $605.85, while 200 days put it at $542.68.
Levels Of Support And Resistance For GS Stock
The 24-hour chart illustrates a support level at 534.12, which if violated will result in even more drops to 521.96. On the upside, there is a resistance level at 552.92. A further resistance level may holdings at 559.56. The Relative Strength Index (RSI) on the 14-day chart is 39.30, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -6.16, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 63.86%. Stochastics %K at 40.48% indicates the stock is a holding.
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 2025-03-14, dropping by -0.81 million shares to a total of 3.95 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 4.76 million shares. There was a decline of -20.58%, which implies that there is a negative sentiment for the stock.
