General Motors Company’s filing revealed 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 $0.38 million.
Barclays downgraded its General Motors Company [GM] rating to an Equal weight from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who decreased its forecast for the stock in mid April from “a Buy” to “a Hold”. UBS also remained covering GM and has decreased its forecast on April 10, 2025 with a “Neutral” recommendation from previously “Buy” rating. Bernstein revised its rating on April 07, 2025. It rated GM as “an Underperform” which previously was an “a Mkt perform”.
Price Performance Review of GM
On Thursday, General Motors Company [NYSE:GM] saw its stock jump 0.79% to $44.57. Over the last five days, the stock has gained 1.92%. General Motors Company shares have fallen nearly -16.33% since the year began. Nevertheless, the stocks have risen 4.48% 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 04/07/25. SMA at 50 days reached $47.24, while 200 days put it at $49.06.
Levels Of Support And Resistance For GM Stock
The 24-hour chart illustrates a support level at 43.91, which if violated will result in even more drops to 43.24. On the upside, there is a resistance level at 45.26. A further resistance level may holdings at 45.94. The Relative Strength Index (RSI) on the 14-day chart is 44.06, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.55, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 55.47%. Stochastics %K at 42.35% 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 2025-03-31, dropping by -13.96 million shares to a total of 28.84 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 42.8 million shares. There was a decline of -48.41%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on March 27, 2025 when JP Morgan resumed its ‘”an Overweight”‘ rating for the stock and retained the price target to $53.
