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The Goldman Sachs Group, Inc. $GS Shares Sold by MGO One Seven LLC

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Key Points

  • MGO One Seven LLC cut its Goldman Sachs stake by 16.9% in the third quarter, selling 2,083 shares and retaining 10,227 shares valued at approximately $9.2 million. Institutional investors collectively own 71.21% of the company.
  • Goldman Sachs reported a strong quarter, with EPS of $17.01 and revenue of $18.68 billion, exceeding analyst expectations; revenue rose 23% year over year. The company also declared a quarterly dividend of $5.00 per share, representing a 2.2% yield.
  • Shares opened at $892.49, below the average analyst price target of $1,049.52, while the consensus rating remains “Hold.” CEO David Solomon and other insiders sold shares recently, though the article notes the transactions do not necessarily indicate a fundamental concern.
  • MarketBeat previews the top five stocks to own by December 1st.

MGO One Seven LLC decreased its holdings in The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 16.9% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,227 shares of the investment management company's stock after selling 2,083 shares during the quarter. MGO One Seven LLC's holdings in The Goldman Sachs Group were worth $9,208,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Strive Financial Group LLC grew its position in shares of The Goldman Sachs Group by 316.7% during the 2nd quarter. Strive Financial Group LLC now owns 25 shares of the investment management company's stock worth $25,000 after purchasing an additional 19 shares in the last quarter. BOK Financial Private Wealth Inc. raised its position in shares of The Goldman Sachs Group by 188.9% in the second quarter. BOK Financial Private Wealth Inc. now owns 26 shares of the investment management company's stock valued at $26,000 after buying an additional 17 shares in the last quarter. Turim 21 Investimentos Ltda. acquired a new stake in shares of The Goldman Sachs Group in the first quarter valued at approximately $25,000. Cherry Tree Wealth Management LLC raised its position in shares of The Goldman Sachs Group by 100.0% in the third quarter. Cherry Tree Wealth Management LLC now owns 30 shares of the investment management company's stock valued at $27,000 after buying an additional 15 shares in the last quarter. Finally, Clearstead Trust LLC bought a new stake in shares of The Goldman Sachs Group in the second quarter valued at approximately $33,000. Institutional investors and hedge funds own 71.21% of the company's stock.

The Goldman Sachs Group Price Performance

Shares of NYSE:GS opened at $892.49 on Monday. The firm has a 50 day moving average of $947.65 and a 200-day moving average of $958.04. The stock has a market capitalization of $259.87 billion, a PE ratio of 12.83, a PEG ratio of 0.84 and a beta of 1.29. The company has a current ratio of 1.10, a quick ratio of 0.63 and a debt-to-equity ratio of 2.82. The Goldman Sachs Group, Inc. has a 12 month low of $754.00 and a 12 month high of $1,153.99.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last issued its quarterly earnings results on Tuesday, October 13th. The investment management company reported $17.01 earnings per share for the quarter, topping analysts' consensus estimates of $12.86 by $4.15. The company had revenue of $18.68 billion during the quarter, compared to the consensus estimate of $16.83 billion. The Goldman Sachs Group had a net margin of 15.77% and a return on equity of 19.55%. The firm's quarterly revenue was up 23.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $12.25 EPS. On average, equities research analysts predict that The Goldman Sachs Group, Inc. will post 70.89 EPS for the current fiscal year.

The Goldman Sachs Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 30th. Shareholders of record on Wednesday, December 2nd will be given a dividend of $5.00 per share. This represents a $20.00 annualized dividend 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%.

Insider Activity at The Goldman Sachs Group

In other The Goldman Sachs Group news, insider Ericka T. Leslie sold 250 shares of the firm's stock in a transaction on Thursday, October 22nd. The stock was sold at an average price of $890.25, for a total value of $222,562.50. Following the sale, the insider owned 10,710 shares of the company's stock, valued at approximately $9,534,577.50. This trade represents a 2.28% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO David M. Solomon sold 12,000 shares of The Goldman Sachs Group stock in a transaction on Tuesday, October 27th. The shares were sold at an average price of $910.72, for a total value of $10,928,640.00. Following the completion of the transaction, the chief executive officer owned 159,180 shares in the company, valued at approximately $144,968,409.60. The trade was a 7.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 12,500 shares of company stock valued at $11,380,508. Company insiders own 0.55% of the company's stock.

Wall Street Analyst Weigh In

GS has been the topic of a number of analyst reports. Weiss Ratings downgraded The Goldman Sachs Group from a "hold (c+)" rating to a "hold (c)" rating in a research report on Wednesday. Loop Capital set a $1,050.00 price objective on The Goldman Sachs Group in a report on Thursday, October 8th. Jefferies Financial Group set a $1,299.00 price objective on The Goldman Sachs Group in a report on Wednesday, July 15th. Evercore reiterated an "outperform" rating on shares of The Goldman Sachs Group in a research report on Monday, July 6th. Finally, Bank of America increased their target price on The Goldman Sachs Group from $1,150.00 to $1,300.00 and gave the stock a "buy" rating in a report on Thursday, July 16th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $1,049.52.

Check Out Our Latest Research Report on GS

Key Headlines Impacting The Goldman Sachs Group

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

  • Positive Sentiment: Goldman Sachs reportedly is negotiating to acquire a controlling stake in South Korea’s Tmap Mobility. The potential transaction could expand the firm’s alternative-investment and technology exposure, although deal terms and financial impact remain uncertain. Goldman Sachs reportedly looking to acquire controlling stake in Tmap Mobility
  • Positive Sentiment: Goldman Sachs advised on approximately $34.8 billion of Middle East and Africa M&A transactions during the first three quarters of 2026, supporting the outlook for investment-banking fees as deal activity improves. Goldman Sachs and Rothschild lead MEA M&A financial advisory
  • Positive Sentiment: Goldman Sachs continues to receive favorable long-term commentary. Its latest reported quarter significantly exceeded expectations, with EPS of $17.01 and revenue of $18.68 billion, while the dividend remains supported by a relatively modest payout ratio. Why Goldman Sachs is a top stock for the long term
  • Neutral Sentiment: Goldman’s research team continues to promote growth themes including artificial intelligence and autonomous transportation. These reports strengthen the firm’s research and advisory profile but have limited direct impact on near-term GS earnings. Autonomous vehicle stocks backed by hedge funds
  • Negative Sentiment: Insider Ericka Leslie sold 100 shares at an average price of $926.28 after selling another 150 shares the prior day. CEO David Solomon also reportedly sold 12,000 shares. The transactions are small relative to total ownership and do not establish a fundamental problem, but repeated insider selling can weigh on investor sentiment. Goldman Sachs insider selling

The Goldman Sachs Group Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding GS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Goldman Sachs Group, Inc. (NYSE:GS - Free Report).

Institutional Ownership by Quarter for The Goldman Sachs Group (NYSE:GS)

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.

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