Insider Selling: The Goldman Sachs Group (NYSE:GS) CAO Sells $9,571,380.17 in Stock

The Goldman Sachs Group, Inc. (NYSE:GS) CAO Sheara Fredman sold 10,301 shares of the business’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $929.17, for a total transaction of $9,571,380.17. Following the completion of the transaction, the chief accounting officer directly owned 6,338 shares in the company, valued at $5,889,079.46. This trade represents a 61.91% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.

The Goldman Sachs Group Price Performance

GS stock opened at $924.95 on Friday. The Goldman Sachs Group, Inc. has a one year low of $558.21 and a one year high of $984.70. The company’s fifty day moving average price is $870.56 and its 200-day moving average price is $871.13. The company has a debt-to-equity ratio of 2.89, a quick ratio of 0.66 and a current ratio of 0.63. The company has a market capitalization of $272.87 billion, a PE ratio of 16.90, a price-to-earnings-growth ratio of 1.21 and a beta of 1.28.

The Goldman Sachs Group (NYSE:GS) last released its earnings results on Monday, April 13th. The investment management company reported $17.55 EPS for the quarter, topping the consensus estimate of $15.92 by $1.63. The Goldman Sachs Group had a net margin of 14.13% and a return on equity of 16.53%. The firm had revenue of $17.23 billion for the quarter, compared to the consensus estimate of $16.66 billion. During the same quarter in the previous year, the firm earned $14.12 earnings per share. The company’s quarterly revenue was up 14.4% compared to the same quarter last year. On average, equities analysts anticipate that The Goldman Sachs Group, Inc. will post 59.53 EPS for the current fiscal year.

The Goldman Sachs Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Investors of record on Monday, June 1st will be paid a dividend of $4.50 per share. The ex-dividend date of this dividend is Monday, June 1st. This represents a $18.00 dividend on an annualized basis and a yield of 1.9%. The Goldman Sachs Group’s dividend payout ratio is presently 32.89%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in GS. Brighton Jones LLC raised its position in The Goldman Sachs Group by 17.1% during the 4th quarter. Brighton Jones LLC now owns 3,474 shares of the investment management company’s stock valued at $1,989,000 after purchasing an additional 508 shares in the last quarter. Revolve Wealth Partners LLC grew its position in shares of The Goldman Sachs Group by 7.0% during the 4th quarter. Revolve Wealth Partners LLC now owns 888 shares of the investment management company’s stock worth $508,000 after buying an additional 58 shares in the last quarter. Sivia Capital Partners LLC grew its position in shares of The Goldman Sachs Group by 90.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,551 shares of the investment management company’s stock worth $1,098,000 after buying an additional 735 shares in the last quarter. Schnieders Capital Management LLC. grew its position in shares of The Goldman Sachs Group by 9.3% during the 2nd quarter. Schnieders Capital Management LLC. now owns 821 shares of the investment management company’s stock worth $581,000 after buying an additional 70 shares in the last quarter. Finally, Main Street Financial Solutions LLC grew its position in shares of The Goldman Sachs Group by 22.2% during the 2nd quarter. Main Street Financial Solutions LLC now owns 2,150 shares of the investment management company’s stock worth $1,522,000 after buying an additional 391 shares in the last quarter. 71.21% of the stock is currently owned by institutional investors.

The Goldman Sachs Group News Summary

Here are the key news stories impacting The Goldman Sachs Group this week:

• Positive Sentiment: Goldman is a founding investor in a new AI services venture with Anthropic and private?equity partners — a strategic move that could create recurring AI services revenue and deepen client ties. Anthropic and Wall Street Giants Join Forces to Create New A.I. Firm
• Positive Sentiment: Recent quarter beat (Q1 EPS $17.55 vs. $15.92 est.; revenue $17.23B) reinforces that core trading, asset management and advisory profitability remain intact, supporting valuation. The Goldman Sachs Group Trading Up 1.7%
• Positive Sentiment: Goldman announced a quarterly dividend ($4.50 per share; $18 annualized) — a cash return that can support investor sentiment amid uncertainty. GS Dividend Notice
• Positive Sentiment: Goldman research remains influential across tech and energy — analysts reiterated/raised targets on major chip names (Nvidia, AMD) and flagged energy inventory risks, underscoring the firm’s revenue exposure from trading and research services. Goldman Sachs Raises Nvidia Estimates
• Neutral Sentiment: UBS and Daiwa nudged GS price targets slightly higher (UBS to $940; Daiwa to $930) but kept conservative/neutral stances — a modest valuation tailwind without changing consensus view. UBS Adjusts GS Price Target
• Neutral Sentiment: Management changes (additions to the management committee; new CAO appointment) are operationally relevant but not immediate earnings drivers. Goldman Sachs Adds to Management Committee
• Negative Sentiment: Insider selling: Chief Accounting Officer Sheara Fredman sold 10,301 shares (~62% reduction in disclosed holding), a headline that can weigh on sentiment even if driven by non?company factors. Insider Sale Filing
• Negative Sentiment: Some sell?side skepticism remains: HSBC kept a “reduce” stance (despite a higher PT), signaling persistent valuation concerns that could cap upside until AI/earnings narratives prove durable. HSBC Adjusts GS Price Target

Analyst Upgrades and Downgrades

GS has been the topic of a number of recent research reports. Morgan Stanley decreased their price target on shares of The Goldman Sachs Group from $1,078.00 to $1,021.00 and set an “equal weight” rating on the stock in a research note on Tuesday, March 31st. HSBC upped their price target on shares of The Goldman Sachs Group from $729.00 to $765.00 in a research note on Monday. Autonomous Res decreased their price target on shares of The Goldman Sachs Group from $1,047.00 to $960.00 and set an “outperform” rating on the stock in a research note on Thursday, January 15th. BMO Capital Markets upped their price target on shares of The Goldman Sachs Group from $905.00 to $972.00 and gave the company a “market perform” rating in a research note on Monday, April 20th. Finally, Zacks Research downgraded shares of The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 16th. Nine research analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the company. According to MarketBeat.com, The Goldman Sachs Group has a consensus rating of “Hold” and a consensus price target of $926.76.

The Goldman Sachs Group Company Profile

The Goldman Sachs Group, Inc is a global investment banking and financial services firm headquartered in New York City. Founded in 1869 as a commercial paper business, the company has grown into a diversified financial institution that provides a broad range of services to corporations, financial institutions, governments and individuals. The firm is led by Chief Executive Officer David M. Solomon and operates across major financial centers worldwide.

Goldman Sachs’ core businesses include investment banking, global markets, asset and wealth management, and consumer banking.