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 $58.19 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.
Morgan Stanley downgraded its Goldman Sachs Group, Inc [GS] rating to an Equal-weight from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including Daiwa Securities’s analysts, who decreased its forecast for the stock in early April from “an Outperform” to “a Neutral”. Oppenheimer also remained covering GS and has decreased its forecast on March 19, 2025 with a “Perform” recommendation from previously “an Outperform” rating. Keefe Bruyette revised its rating on February 27, 2025. It rated GS as “a Mkt perform” which previously was an “an Outperform”.
Price Performance Review of GS
On Monday, Goldman Sachs Group, Inc [NYSE:GS] saw its stock jump 1.93% to $503.98. Over the last five days, the stock has gained 8.26%. Goldman Sachs Group, Inc shares have fallen nearly -11.99% since the year began. Nevertheless, the stocks have risen 26.79% 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 04/07/25. SMA at 50 days reached $579.09, while 200 days put it at $545.15.
Levels Of Support And Resistance For GS Stock
The 24-hour chart illustrates a support level at 496.75, which if violated will result in even more drops to 489.53. On the upside, there is a resistance level at 511.60. A further resistance level may holdings at 519.23. The Relative Strength Index (RSI) on the 14-day chart is 42.35, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -21.69, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 57.85%. Stochastics %K at 36.99% 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 2025-03-31, dropping by -0.82 million shares to a total of 4.02 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 4.84 million shares. There was a decline of -20.4%, which implies that there is a negative sentiment for the stock.
