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GM (General Motors Company) may reap gains as insiders became active recently

In a filing, General Motors Company revealed 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.

Citigroup initiated its General Motors Company [GM] rating to a Buy in a research note published on April 23, 2025; the price target was $62. A number of analysts have revised their coverage, including Barclays’s analysts, who decreased its forecast for the stock in mid April from “an Overweight” to “an Equal weight”. Deutsche Bank also remained covering GM and has decreased its forecast on April 14, 2025 with a “Hold” recommendation from previously “Buy” rating. UBS revised its rating on April 10, 2025. It rated GM as “a Neutral” which previously was an “a Buy”.

Price Performance Review of GM

On Friday, General Motors Company [NYSE:GM] saw its stock jump 0.32% to $47.50. Over the last five days, the stock has gained 4.86%. General Motors Company shares have fallen nearly -10.83% since the year began. Nevertheless, the stocks have risen 4.90% 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 $46.81, while 200 days put it at $48.91.

Levels Of Support And Resistance For GM Stock

The 24-hour chart illustrates a support level at 47.18, which if violated will result in even more drops to 46.86. On the upside, there is a resistance level at 47.89. A further resistance level may holdings at 48.29. The Relative Strength Index (RSI) on the 14-day chart is 57.59, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.64, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 14.33%. Stochastics %K at 72.15% indicates the stock is a holding.

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