The Goldman Sachs Group (NYSE:GS) CEO David Solomon Sells 12,000 Shares of Stock

The Goldman Sachs Group, Inc. (NYSE:GS) CEO David Solomon sold 12,000 shares of the company’s stock in a transaction on Tuesday, October 27th. The shares were sold at an average price of $910.72, for a total transaction of $10,928,640.00. Following the sale, the chief executive officer owned 159,180 shares of the company’s stock, valued at $144,968,409.60. This represents a 7.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

The Goldman Sachs Group Trading Up 2.1%

The Goldman Sachs Group stock traded up $18.82 during trading hours on Tuesday, reaching $912.10. The stock had a trading volume of 1,850,335 shares, compared to its average volume of 2,218,525. The stock has a market cap of $265.58 billion, a PE ratio of 13.11, a PEG ratio of 0.83 and a beta of 1.29. The Goldman Sachs Group, Inc. has a 52 week low of $754.00 and a 52 week high of $1,153.99. The company has a debt-to-equity ratio of 2.82, a current ratio of 1.10 and a quick ratio of 0.63. The company has a fifty day simple moving average of $959.71 and a 200-day simple moving average of $958.88.

The Goldman Sachs Group (NYSE:GS) last released its quarterly earnings data on Tuesday, October 13th. The investment management company reported $17.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $12.86 by $4.15. The firm had revenue of $18.68 billion for the quarter, compared to analysts’ expectations of $16.83 billion. The Goldman Sachs Group had a net margin of 15.77% and a return on equity of 19.55%. The company’s revenue for the quarter was up 23.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $12.25 earnings per share. Analysts forecast that The Goldman Sachs Group, Inc. will post 70.89 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 Wednesday, December 30th. Investors of record on Wednesday, December 2nd will be issued a dividend of $5.00 per share. This represents a $20.00 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date is Wednesday, December 2nd. The Goldman Sachs Group’s payout ratio is currently 28.76%.

More The Goldman Sachs Group News

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

• Positive Sentiment: Goldman Sachs and Morgan Stanley are expected to lead the planned Anthropic initial public offering. The mandate could generate underwriting and advisory fees while strengthening Goldman’s position in the growing AI-finance market. Coveted Roles in Anthropic’s Upcoming IPO Lift Goldman Sachs, Morgan Stanley
• Positive Sentiment: Recent research describes GS as an attractive post-earnings value, citing stronger investment banking, active trading, improving earnings estimates and a lower valuation than Morgan Stanley. Goldman’s latest quarter also exceeded consensus on earnings and revenue. Goldman or Morgan Stanley: Which Stock Is Better Bet Post Q3 Results?
• Positive Sentiment: Goldman ranked first among North American M&A advisers by transaction value, advising on roughly $510.5 billion of deals through the first three quarters of 2026. This supports expectations for continued investment-banking fees as deal activity improves. Goldman Sachs and Houlihan Lokey lead North American M&A financial advisers
• Neutral Sentiment: Goldman launched a Small Business AI Institute with a potential $500 million commitment and technology support from Anthropic, Google, Meta and OpenAI. The initiative may deepen client relationships, but its near-term financial return is uncertain. What Does Goldman Sachs Gain From Its Small Business AI Push?
• Negative Sentiment: Reports of investors de-risking from AI stocks and Goldman’s warnings that the AI-driven economic boost may be nearing a peak could weigh on trading sentiment, deal volumes and risk appetite. The firm also cut its KOSPI target amid concerns over elevated AI-related valuations. AI’s boost to the U.S. economy is nearing its peak
• Negative Sentiment: Insider Ericka Leslie sold 250 GS shares for approximately $222,563. The sale reduced her position by 2.28%, but its relatively small size limits its significance for Goldman’s fundamentals.

Institutional Trading of The Goldman Sachs Group

Institutional investors and hedge funds have recently bought and sold shares of the stock. Lynx Investment Advisory increased its stake in shares of The Goldman Sachs Group by 4.0% in the 3rd quarter. Lynx Investment Advisory now owns 785 shares of the investment management company’s stock worth $707,000 after acquiring an additional 30 shares in the last quarter. Laurel Wealth Advisors LLC increased its stake in shares of The Goldman Sachs Group by 11.7% during the third quarter. Laurel Wealth Advisors LLC now owns 857 shares of the investment management company’s stock valued at $771,000 after purchasing an additional 90 shares in the last quarter. Generali Asset Management SPA SGR lifted its holdings in shares of The Goldman Sachs Group by 19.9% during the third quarter. Generali Asset Management SPA SGR now owns 32,420 shares of the investment management company’s stock valued at $29,190,000 after purchasing an additional 5,386 shares during the last quarter. MADDEN SECURITIES Corp purchased a new position in shares of The Goldman Sachs Group during the third quarter valued at approximately $123,000. Finally, Balance Wealth Partners LLC purchased a new position in shares of The Goldman Sachs Group during the third quarter valued at approximately $66,000. 71.21% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have recently weighed in on GS. HSBC lifted their price objective on The Goldman Sachs Group from $995.00 to $1,007.00 and gave the stock a “hold” rating in a research report on Monday, September 28th. Royal Bank Of Canada decreased their target price on The Goldman Sachs Group from $1,220.00 to $1,010.00 and set a “sector perform” rating for the company in a report on Wednesday, October 14th. Weiss Ratings lowered The Goldman Sachs Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, October 9th. TD Cowen started coverage on shares of The Goldman Sachs Group in a report on Thursday, October 8th. They issued a “buy” rating and a $1,050.00 price target on the stock. Finally, Jefferies Financial Group set a $1,299.00 price target on shares of The Goldman Sachs Group in a report on Wednesday, July 15th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $1,049.52.

The Goldman Sachs Group Company Profile

The Goldman Sachs Group, Inc is a global financial services company that provides investment banking, securities, asset management and wealth management services to corporations, financial institutions, governments and individual investors. Its investment banking activities include advising on mergers and acquisitions, public and private offerings, restructurings and other strategic transactions.

Through its global markets businesses, Goldman Sachs helps clients buy and sell securities and other financial instruments and provides financing, risk management and market-making services.