Insider Selling: The Goldman Sachs Group (NYSE:GS) Insider Sells 1,115 Shares of Stock

Key Points

• Insider sale: Goldman Sachs insider Alex Golten sold 1,115 shares on April 17 at an average price of $919.19 for about $1.025M, cutting his holding by 23.19% to 3,694 shares.
• Q1 earnings beat: Goldman Sachs reported Q1 EPS of $17.55 versus consensus $15.92 and revenue of $17.23B (up 14.4% year‑over‑year), beating estimates on both metrics.
• Dividend announced: The company declared a quarterly dividend of $4.50 (annualized $18.00) with an ex‑dividend date of June 1 and a yield of about 1.9%.

The Goldman Sachs Group, Inc. (NYSE:GS - Get Free Report) insider Alex Golten sold 1,115 shares of the business's stock in a transaction that occurred on Friday, April 17th. The shares were sold at an average price of $919.19, for a total value of $1,024,896.85. Following the completion of the sale, the insider owned 3,694 shares of the company's stock, valued at approximately $3,395,487.86. This represents a 23.19% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

The Goldman Sachs Group Stock Performance

NYSE GS traded down $15.65 on Tuesday, reaching $926.10. The stock had a trading volume of 1,762,525 shares, compared to its average volume of 2,435,513. 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, Inc. has a 12-month low of $508.93 and a 12-month high of $984.70. The business's 50-day moving average price is $868.53 and its 200 day moving average price is $859.43. The stock has a market cap of $273.19 billion, a P/E ratio of 16.92, a price-to-earnings-growth ratio of 1.21 and a beta of 1.32.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last issued its quarterly earnings data on Monday, April 13th. The investment management company reported $17.55 earnings per share for the quarter, beating analysts' consensus estimates of $15.92 by $1.63. The Goldman Sachs Group had a return on equity of 16.02% and a net margin of 14.13%.The company had revenue of $17.23 billion during the quarter, compared to analysts' expectations of $16.66 billion. During the same quarter in the previous year, the business earned $14.12 earnings per share. The firm's revenue for the quarter was up 14.4% on a year-over-year basis. As a group, equities analysts expect that The Goldman Sachs Group, Inc. will post 59.42 earnings per share for the current year.

The Goldman Sachs Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 29th. Shareholders of record on Monday, June 1st will be paid a $4.50 dividend. The ex-dividend date 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 payout ratio is currently 32.89%.

Institutional Trading of The Goldman Sachs Group

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Dagco Inc. acquired a new position in The Goldman Sachs Group during the fourth quarter worth $25,000. Harbor Capital Advisors Inc. acquired a new position in The Goldman Sachs Group during the third quarter worth $26,000. Garton & Associates Financial Advisors LLC acquired a new position in The Goldman Sachs Group during the fourth quarter worth $26,000. Manning & Napier Advisors LLC grew its holdings in The Goldman Sachs Group by 287.5% during the fourth quarter. Manning & Napier Advisors LLC now owns 31 shares of the investment management company's stock worth $27,000 after acquiring an additional 23 shares during the period. Finally, Steph & Co. acquired a new position in The Goldman Sachs Group during the first quarter worth $27,000. Hedge funds and other institutional investors own 71.21% of the company's stock.

Analysts Set New Price Targets

Several research firms have recently commented on GS. Jefferies Financial Group cut their price target on The Goldman Sachs Group from $1,125.00 to $1,049.00 and set a "buy" rating for the company in a research note on Monday, April 6th. Morgan Stanley cut their price target on The Goldman Sachs Group from $1,078.00 to $1,021.00 and set an "equal weight" rating for the company in a research note on Tuesday, March 31st. Bank of America cut their price target on The Goldman Sachs Group from $1,100.00 to $1,050.00 and set a "buy" rating for the company in a research note on Tuesday, April 14th. Barclays lifted their target price on shares of The Goldman Sachs Group from $850.00 to $1,048.00 and gave the company an "overweight" rating in a report on Monday, January 5th. Finally, Royal Bank Of Canada reaffirmed a "neutral" rating on shares of The Goldman Sachs Group in a report on Monday, April 13th. Eight analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company. According to data from MarketBeat.com, The Goldman Sachs Group presently has an average rating of "Hold" and a consensus target price of $924.14.

Key Headlines Impacting The Goldman Sachs Group

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

• Positive Sentiment: Goldman ranked as a top M&A adviser in Q1, advising on $267bn of deals — a reminder of strong fee-generating activity that supports GS revenue and underwriting/advisory pipelines. Top M&A Advisers Q1 2026
• Positive Sentiment: Argus Research maintained a Buy on GS and set a $1,066 target after Q1 — analyst confidence and higher targets can buoy investor sentiment and support the stock. Argus Maintains Buy on Goldman Sachs
• Positive Sentiment: BMO raised its GS price target to $972 (market perform) — additional upward revisions in street targets are constructive for the stock’s outlook. BMO Raises PT on Goldman Sachs
• Positive Sentiment: Zacks highlights GS as a top long-term stock — reinforces buy-and-hold narratives around GS’s diversified businesses and expected earnings profile. Zacks: Why GS Is Top Long-Term Stock
• Neutral Sentiment: Goldman’s research team initiated coverage on Dynatrace (Buy) and Elastic (Neutral) — shows GS’s research activity and industry positioning but does not directly move GS stock fundamentals. Goldman Initiates Dynatrace at Buy
• Neutral Sentiment: Regulatory disclosure: GS reported holding Ontex voting rights and derivatives — a transparency filing that is routine but noteworthy for position monitoring. Transparency Declaration Notification
• Neutral Sentiment: Goldman research published macro-market views (e.g., S&P 7,600 scenario) and sector notes — helpful for client flows and product distribution but mixed impact on GS stock near term. Goldman Projects S&P 7,600
• Negative Sentiment: CEO David Solomon warned that US recession risk could spike based on government/social-media reactions to the Iran conflict — heightens macro uncertainty and could pressure risk assets and fee activity. Recession Risk Could Change, Goldman CEO Says
• Negative Sentiment: Solomon also cautioned oil could surge dramatically if tensions escalate (comments cited $80–$170 scenarios) — higher oil and geopolitical risk can dent market sentiment and trading/advisory activity. Goldman Sachs CEO Warns Oil Prices Could Surge
• Negative Sentiment: Strategists at Goldman and others warn the recent $33bn buying spree may be winding down and that the rally is narrow — this caution increases chances of short-term volatility for GS shares tied to market trading revenues. Why a $33 Billion Buying Spree Is Winding Down

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.

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