Rep. Josh Gottheimer Sells The Goldman Sachs Group, Inc. (NYSE:GS) Stock

Key Points

• Rep. Josh Gottheimer sold Goldman Sachs shares on April 9, disclosing a transaction worth between $15,001 and $50,000 in his Morgan Stanley active asset account.
• Goldman Sachs reported strong quarterly results, with EPS of $17.55 beating estimates and revenue of $17.23 billion topping expectations; revenue rose 14.4% year over year.
• Investor and analyst sentiment remains mixed but constructive: Goldman was tapped for a lead underwriting role in SpaceX’s expected IPO, CICC raised its price target to $980, and the stock now carries a consensus “Hold” rating.

Representative Josh Gottheimer (Democratic-New Jersey) recently sold shares of The Goldman Sachs Group, Inc. NYSE: GS. In a filing disclosed on May 19th, the Representative disclosed that they had sold between $15,001 and $50,000 in The Goldman Sachs Group stock on April 9th. The trade occurred in the Representative's "MORGAN STANLEY - ACTIVE ASSET ACCOUNT # 3" account.

Representative Josh Gottheimer also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of 3M NYSE: MMM on 4/28/2026.
• Purchased $1,001 - $15,000 in shares of Advanced Micro Devices NASDAQ: AMD on 4/27/2026.
• Sold $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 4/24/2026.
• Sold $1,001 - $15,000 in shares of International Business Machines NYSE: IBM on 4/24/2026.
• Purchased $1,001 - $15,000 in shares of Advanced Micro Devices NASDAQ: AMD on 4/23/2026.
• Purchased $1,001 - $15,000 in shares of The Goldman Sachs Group NYSE: GS on 4/16/2026.
• Purchased $1,001 - $15,000 in shares of Freeport-McMoRan NYSE: FCX on 4/15/2026.
• Sold $1,001 - $15,000 in shares of HDFC Bank NYSE: HDB on 4/13/2026.
• Purchased $1,001 - $15,000 in shares of Intapp NASDAQ: INTA on 4/13/2026.
• Sold $15,001 - $50,000 in shares of Tractor Supply NASDAQ: TSCO on 4/9/2026.

The Goldman Sachs Group Stock Performance

GS opened at $981.97 on Thursday. The company has a debt-to-equity ratio of 2.89, a quick ratio of 0.63 and a current ratio of 0.63. The Goldman Sachs Group, Inc. has a 52-week low of $582.50 and a 52-week high of $984.70. The firm has a market cap of $289.69 billion, a P/E ratio of 17.95, a price-to-earnings-growth ratio of 1.20 and a beta of 1.28. The business's fifty day moving average is $885.93 and its 200-day moving average is $882.40.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last announced its quarterly earnings data on Monday, April 13th. The investment management company reported $17.55 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $15.92 by $1.63. The firm had revenue of $17.23 billion for the quarter, compared to the consensus estimate of $16.66 billion. The Goldman Sachs Group had a net margin of 14.13% and a return on equity of 16.53%. The business's revenue for the quarter was up 14.4% on a year-over-year basis. During the same period in the prior year, the company posted $14.12 earnings per share. Sell-side analysts expect that The Goldman Sachs Group, Inc. will post 59.53 EPS for the current fiscal year.

The Goldman Sachs Group Announces Dividend

The business 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 dividend of $4.50 per share. This represents a $18.00 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date is Monday, June 1st. The Goldman Sachs Group's dividend payout ratio (DPR) is 32.89%.

Key The Goldman Sachs Group News

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

• Positive Sentiment: Goldman Sachs reportedly won the lead left underwriting role for SpaceX’s expected IPO, a marquee assignment that could boost investment banking fees and reinforce the firm’s standing in high-profile capital markets deals. Article Title
• Positive Sentiment: Goldman also received a price target upgrade to $980 from CICC Research with an “outperform” rating, signaling continued analyst confidence in the stock. Article Title
• Positive Sentiment: Goldman’s recent macro and trading commentary has remained constructive, including a view that market volatility and AI-related themes can create opportunities for clients and the firm. Article Title
• Neutral Sentiment: Goldman has been shifting crypto exposure away from direct altcoin ETF holdings and toward infrastructure and trading platforms, which looks like a strategic repositioning rather than a direct earnings driver. Article Title
• Neutral Sentiment: Reports that CFO Denis Coleman sold shares are worth noting, but the transaction appears to be a partial sale and does not by itself change the long-term outlook. Article Title

Insider Transactions at The Goldman Sachs Group

In other news, CFO Denis P. Coleman sold 6,857 shares of the company's stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $973.55, for a total value of $6,675,632.35. Following the completion of the transaction, the chief financial officer owned 31,070 shares of the company's stock, valued at $30,248,198.50. This represents a 18.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Kathryn H. Ruemmler sold 14,292 shares of The Goldman Sachs Group stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $939.07, for a total transaction of $13,421,188.44. Following the sale, the insider owned 15,657 shares in the company, valued at approximately $14,703,018.99. This represents a 47.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 33,681 shares of company stock worth $31,737,875. 0.55% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

GS has been the subject of several recent analyst reports. Jefferies Financial Group cut their target price 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. CICC Research boosted their price target on The Goldman Sachs Group from $825.00 to $980.00 and gave the stock an "outperform" rating in a report on Tuesday. Bank of America dropped their price objective on The Goldman Sachs Group from $1,100.00 to $1,050.00 and set a "buy" rating for the company in a research report on Tuesday, April 14th. Morgan Stanley reduced their price objective on The Goldman Sachs Group from $1,078.00 to $1,021.00 and set an "equal weight" rating on the stock in a research note on Tuesday, March 31st. Finally, Dbs Bank lifted their target price on The Goldman Sachs Group from $890.00 to $1,050.00 in a research report on Thursday, May 7th. Nine analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $943.95.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of GS. Dagco Inc. bought a new stake in The Goldman Sachs Group during the 4th quarter worth $25,000. Turim 21 Investimentos Ltda. bought a new position in The Goldman Sachs Group in the first quarter valued at about $25,000. Garton & Associates Financial Advisors LLC bought a new position in The Goldman Sachs Group in the fourth quarter valued at about $26,000. Manning & Napier Advisors LLC boosted its stake in shares of 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 valued at $27,000 after purchasing an additional 23 shares in the last quarter. Finally, Steph & Co. bought a new stake in shares of The Goldman Sachs Group during the first quarter worth about $27,000. 71.21% of the stock is currently owned by institutional investors and hedge funds.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey's 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027. Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey's 5th Congressional District. He declared candidacy for the 2026 election. Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025. Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

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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