Gap, Inc’s filing revealed that its President & CEO, Gap Brand Breitbard Mark unloaded Company’s shares for reported $1.39 million on May 16 ’25. In the deal valued at $27.00 per share,51,385 shares were sold. As a result of this transaction, Breitbard Mark now holds 123,985 shares worth roughly $3.47 million.
Then, Barbeito Horacio sold 40,764 shares, generating $818,288 in total proceeds. Upon selling the shares at $20.07, the President & CEO, Old Navy now owns 308 shares.
Before that, O’Connell Katrina sold 8,503 shares. Gap, Inc shares valued at $165,550 were divested by the Chief Financial Officer at a price of $19.47 per share. As a result of the transaction, O’Connell Katrina now holds 0 shares, worth roughly $0.0.
Wells Fargo downgraded its Gap, Inc [GAP] rating to an Equal weight from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including Argus’s analysts, who increased its forecast for the stock in late January from “a Hold” to “a Buy”. UBS also remained covering GAP and has increased its forecast on January 10, 2025 with a “Neutral” recommendation from previously “Sell” rating. JP Morgan revised its rating on December 02, 2024. It rated GAP as “an Overweight” which previously was an “a Neutral”.
Price Performance Review of GAP
On Monday, Gap, Inc [NYSE:GAP] saw its stock jump 2.08% to $27.96. Over the last five days, the stock has gained 12.74%. Gap, Inc shares have risen nearly 18.32% since the year began. Nevertheless, the stocks have risen 27.44% over the past one year.
How much short interest is there in Gap, Inc?
A steep rise in short interest was recorded in Gap, Inc stocks on 2025-04-30, growing by 1.19 million shares to a total of 23.93 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-31 was 22.74 million shares. There was a rise of 4.96%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on August 30, 2024 when Telsey Advisory Group resumed its ‘”a Market perform”‘ rating for the stock and retained the price target to $26.
