New insider activity at Goldman Sachs Group ( (GS) ) has taken place on March 1, 2025.
David M. Solomon, the Chairman of the Board and CEO of Goldman Sachs Group, has recently sold 2,415 shares of the company’s stock. This transaction amounted to a total value of $1,502,492.
Recent Updates on GS stock
In recent developments, Goldman Sachs has seen a notable increase in its stock price targets by major financial firms. Wells Fargo raised its price target for Goldman Sachs, citing improved expected margins across its business lines and the achievement of mid-teens return on equity and efficiency targets by 2026, driven by a projected increase in capital markets activity. Similarly, BofA increased its price target, reflecting optimism from meetings with various banks during its financial services conference, despite recent tariff headlines. This optimism is attributed to expectations of a pro-business environment under the Trump administration, which is anticipated to enhance customer activity and regulatory relief, boosting earnings per share. Additionally, Goldman Sachs has ended its formal board diversity policy due to legal developments, which previously required companies to have diverse board members for IPO business.
More about Goldman Sachs Group
YTD Price Performance: 5.74%
Average Trading Volume: 2,293,462
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $189.7B