Insider Selling: General Motors (NYSE:GM) CEO Sells 134,954 Shares of Stock

Key Points

• GM CEO Mary Barra sold 134,954 shares at an average price of $85.03, totaling about $11.5 million. The sale was made under a pre-arranged Rule 10b5-1 trading plan and reduced her direct ownership by 18.56%.
• General Motors recently beat earnings expectations, reporting $3.70 EPS versus the $2.61 consensus estimate, while revenue came in slightly above forecasts at $43.62 billion. The company also reaffirmed FY 2026 EPS guidance of 10.62 to 12.62.
• GM declared a quarterly dividend of $0.18 per share, payable on June 18 to shareholders of record on June 5. That works out to an annualized dividend of $0.72 and a yield of about 0.9%.

General Motors Company (NYSE:GM - Get Free Report) TSE: GMM.U CEO Mary Barra sold 134,954 shares of the firm's stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $85.03, for a total value of $11,475,138.62. Following the completion of the sale, the chief executive officer directly owned 592,242 shares in the company, valued at approximately $50,358,337.26. The trade was a 18.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

General Motors Price Performance

GM traded up $0.26 during trading on Thursday, hitting $84.38. The company's stock had a trading volume of 7,657,692 shares, compared to its average volume of 7,792,805. The company has a current ratio of 1.15, a quick ratio of 0.99 and a debt-to-equity ratio of 1.41. General Motors Company has a twelve month low of $46.81 and a twelve month high of $87.62. The business's fifty day simple moving average is $76.53 and its 200 day simple moving average is $77.93. The firm has a market capitalization of $76.08 billion, a price-to-earnings ratio of 34.03, a P/E/G ratio of 0.40 and a beta of 1.29.

General Motors (NYSE:GM - Get Free Report) TSE: GMM.U last issued its quarterly earnings results on Tuesday, April 28th. The auto manufacturer reported $3.70 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.61 by $1.09. The firm had revenue of $43.62 billion for the quarter, compared to analyst estimates of $43.51 billion. General Motors had a return on equity of 16.68% and a net margin of 1.38%.The business's revenue was down .9% on a year-over-year basis. During the same period in the previous year, the company posted $2.78 earnings per share. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. On average, equities research analysts forecast that General Motors Company will post 12.85 EPS for the current fiscal year.

General Motors Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Friday, June 5th will be paid a $0.18 dividend. The ex-dividend date of this dividend is Friday, June 5th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.9%. General Motors's payout ratio is currently 29.03%.

Key Headlines Impacting General Motors

Here are the key news stories impacting General Motors this week:

• Positive Sentiment: GM approved Pinnacle Intelligence as a business development center service vendor, reinforcing its push into AI-enabled retail operations and customer support. General Motors Selects Pinnacle Intelligence for BDC Services, Supporting Its Integrated AI-Enabled Approach
• Positive Sentiment: Reports that GM and peers received preliminary FDIC approval for industrial bank charters could improve future financing flexibility and support captive-lending growth. Ford, GM, Stellantis Join Crypto Firms In Trump-Era Bank Charter Push After Winning Preliminary FDIC Approval: Report
• Positive Sentiment: GM’s defense unit landing a NASA moon-rover battery propulsion role highlights its advanced battery and engineering capabilities beyond passenger vehicles. General Motors to make batteries for NASA's new manned moon rover
• Neutral Sentiment: GM naming suppliers such as Cooper Standard and Bridgestone “Supplier of the Year” is a positive operational signal, but it is unlikely to move the stock on its own. Cooper Standard Named a 2025 Supplier of the Year by General Motors
• Negative Sentiment: EVP Rory Harvey sold shares in pre-arranged transactions, which can create a mild overhang on sentiment even though the trades were planned. General Motors NYSE: GM EVP Sells $449,729.64 in Stock

Analysts Set New Price Targets

A number of brokerages have recently issued reports on GM. Barclays lowered their price target on General Motors from $110.00 to $105.00 and set an "overweight" rating on the stock in a research note on Monday, March 30th. Piper Sandler reaffirmed an "overweight" rating and issued a $102.00 price target on shares of General Motors in a research note on Wednesday, April 29th. Mizuho lowered their price target on General Motors from $105.00 to $100.00 and set an "outperform" rating on the stock in a research note on Wednesday, April 29th. DZ Bank raised General Motors from a "hold" rating to a "buy" rating and set a $98.00 price target on the stock in a research note on Thursday, January 29th. Finally, Royal Bank Of Canada lowered their price target on General Motors from $96.00 to $95.00 and set an "outperform" rating on the stock in a research note on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $94.65.

Hedge Funds Weigh In On General Motors

Institutional investors have recently added to or reduced their stakes in the stock. M&T Bank Corp lifted its position in General Motors by 82.0% during the fourth quarter. M&T Bank Corp now owns 72,062 shares of the auto manufacturer's stock worth $5,860,000 after buying an additional 32,474 shares in the last quarter. Legacy Capital Group California Inc. increased its stake in General Motors by 206.4% during the fourth quarter. Legacy Capital Group California Inc. now owns 21,004 shares of the auto manufacturer's stock worth $1,708,000 after acquiring an additional 14,150 shares during the last quarter. Perbak Capital Partners LLP increased its stake in General Motors by 94.1% during the third quarter. Perbak Capital Partners LLP now owns 47,086 shares of the auto manufacturer's stock worth $2,871,000 after acquiring an additional 22,829 shares during the last quarter. Fieldview Capital Management LLC increased its stake in General Motors by 99.0% during the third quarter. Fieldview Capital Management LLC now owns 28,237 shares of the auto manufacturer's stock worth $1,722,000 after acquiring an additional 14,048 shares during the last quarter. Finally, Leonteq Securities AG acquired a new stake in General Motors during the fourth quarter worth $17,753,000. Hedge funds and other institutional investors own 92.67% of the company's stock.

General Motors Company Profile

General Motors Company NYSE: GM is a global automotive manufacturer headquartered in Detroit, Michigan, that designs, builds and sells cars, trucks, crossovers and electric vehicles, and provides related parts and services. Founded in 1908, GM has long been one of the world's largest automakers and has evolved into a multi-brand company whose primary marques include Chevrolet, GMC, Cadillac and Buick. Beyond vehicle manufacturing, GM's operations encompass vehicle financing, connected services and advanced mobility initiatives.

GM develops and markets a broad portfolio of products and technologies, including internal-combustion and battery-electric vehicles, vehicle components and on-board connectivity services.

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.