Childress Capital Advisors LLC Cuts Stock Position in The Goldman Sachs Group, Inc. $GS

Key Points

• Childress Capital Advisors trimmed its stake in The Goldman Sachs Group by 29.0%, selling 15,107 shares to hold 36,939 shares valued at about $32.47 million, making GS the fund's third-largest holding (5.2% of assets).
• Insiders have been net sellers: Treasurer Carey Halio and CFO Denis P. Coleman sold material stakes (2,846 and 11,623 shares at roughly $927 and $941 each), and insiders disposed of 117,283 shares worth $112 million in the past three months.
• Goldman reported strong Q1 results—EPS $17.55 vs. $15.92 and revenue $17.23B—and declared a $4.50 quarterly dividend, but a significant FICC/bond-trading shortfall (reported around ~$910M) has weighed on the stock and led to analyst price-target cuts.

Childress Capital Advisors LLC trimmed its position in shares of The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 29.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 36,939 shares of the investment management company's stock after selling 15,107 shares during the period. The Goldman Sachs Group comprises 5.2% of Childress Capital Advisors LLC's holdings, making the stock its 3rd biggest holding. Childress Capital Advisors LLC's holdings in The Goldman Sachs Group were worth $32,469,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in GS. Brighton Jones LLC boosted its position in The Goldman Sachs Group by 17.1% in the 4th quarter. Brighton Jones LLC now owns 3,474 shares of the investment management company's stock valued at $1,989,000 after buying an additional 508 shares during the period. Revolve Wealth Partners LLC boosted its position in The Goldman Sachs Group by 7.0% in the 4th quarter. Revolve Wealth Partners LLC now owns 888 shares of the investment management company's stock valued at $508,000 after buying an additional 58 shares during the period. Sivia Capital Partners LLC boosted its position in The Goldman Sachs Group by 90.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,551 shares of the investment management company's stock valued at $1,098,000 after buying an additional 735 shares during the period. Schnieders Capital Management LLC. boosted its position in The Goldman Sachs Group by 9.3% in the 2nd quarter. Schnieders Capital Management LLC. now owns 821 shares of the investment management company's stock valued at $581,000 after buying an additional 70 shares during the period. Finally, Main Street Financial Solutions LLC boosted its position in The Goldman Sachs Group by 22.2% in the 2nd quarter. Main Street Financial Solutions LLC now owns 2,150 shares of the investment management company's stock valued at $1,522,000 after buying an additional 391 shares during the period. 71.21% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at The Goldman Sachs Group

In related news, Treasurer Carey Halio sold 2,846 shares of the stock in a transaction that occurred on Tuesday, January 27th. The shares were sold at an average price of $927.17, for a total transaction of $2,638,725.82. Following the completion of the sale, the treasurer owned 2,017 shares of the company's stock, valued at $1,870,101.89. This represents a 58.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Denis P. Coleman sold 11,623 shares of the stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $941.57, for a total transaction of $10,943,868.11. Following the sale, the chief financial officer directly owned 29,342 shares of the company's stock, valued at $27,627,546.94. The trade was a 28.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 117,283 shares of company stock worth $112,016,033. Insiders own 0.55% of the company's stock.

The Goldman Sachs Group News Roundup

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

• Positive Sentiment: Goldman filed for a new Bitcoin product — the "Goldman Sachs Bitcoin Premium Income ETF" aims to offer bitcoin exposure while generating current income via options strategies, expanding GSAM's fee‑bearing product set and following peers' moves into crypto ETFs. Goldman Sachs Seeks SEC Approval for New Bitcoin ETF
• Positive Sentiment: Spot and options‑based bitcoin ETFs saw large inflows the day of Goldman’s filing, suggesting investor appetite that could help asset‑management revenue if Goldman’s product attracts assets. Bitcoin ETFs post $412M in inflows as Goldman Sachs files for BTC ETF
• Neutral Sentiment: Goldman reported a strong Q1 (beat on EPS and revenue) and declared a $4.50 quarterly dividend — supportive fundamentals but already priced in and offset by trading concerns. Goldman Sachs Shows Strength Despite Q1 Earnings Sell-Off
• Neutral Sentiment: Regulatory and strategic moves: Goldman’s Innovator Capital deal and filings position it in options/ETF niches (helps product capability but long‑term payoff). Goldman Sachs Files for Bitcoin ETF as Banks Expand Crypto Offerings
• Negative Sentiment: Fixed‑income desk underperformance is the immediate driver: several reports say bond traders were "wrongfooted" by Iran war developments, producing a substantial miss in FICC revenue that left overall results disappointing relative to investor expectations. That operational miss is the principal reason shares are trading down. Goldman traders wrongfooted as Iran war upended interest rate expectations
• Negative Sentiment: Wall Street coverage flags the FICC shortfall as large (~$910M below expectations) and sparked calls for internal changes — analysts and investors cite the bond‑trading miss as the key near‑term risk to earnings momentum. Goldman Sachs bond traders stumbled as Wall Street rivals thrived

The Goldman Sachs Group Price Performance

Shares of GS opened at $899.31 on Thursday. The company has a 50 day moving average price of $868.49 and a 200-day moving average price of $856.23. The Goldman Sachs Group, Inc. has a fifty-two week low of $492.69 and a fifty-two week high of $984.70. The stock has a market capitalization of $265.29 billion, a PE ratio of 16.43, a PEG ratio of 1.20 and a beta of 1.32. The company has a debt-to-equity ratio of 2.56, a quick ratio of 0.66 and a current ratio of 1.10.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last announced its quarterly earnings results on Monday, April 13th. The investment management company reported $17.55 earnings per share 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 16.02%. The firm had revenue of $17.23 billion during the quarter, compared to analysts' expectations of $16.66 billion. During the same quarter in the prior year, the company earned $14.12 EPS. The company's revenue was up 14.4% compared to the same quarter last year. Equities analysts predict that The Goldman Sachs Group, Inc. will post 47.12 earnings per share 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. Stockholders of record on Monday, June 1st will be given a $4.50 dividend. This represents a $18.00 annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend is Monday, June 1st. The Goldman Sachs Group's dividend payout ratio is presently 35.09%.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. Jefferies Financial Group lowered their price objective on shares of The Goldman Sachs Group from $1,125.00 to $1,049.00 and set a "buy" rating for the company in a research report on Monday, April 6th. Evercore lowered their price objective on shares of The Goldman Sachs Group from $1,075.00 to $950.00 and set an "outperform" rating for the company in a research report on Monday, April 6th. JPMorgan Chase & Co. reissued a "neutral" rating on shares of The Goldman Sachs Group in a research report on Monday. Wells Fargo & Company lowered their price objective on shares of The Goldman Sachs Group from $1,050.00 to $1,000.00 and set an "overweight" rating for the company in a research report on Monday. Finally, Weiss Ratings reissued a "hold (c+)" rating on shares of The Goldman Sachs Group in a research report on Friday, April 10th. Eight investment analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $919.48.

The Goldman Sachs Group 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.