Goldman Sachs Group, Inc (NYSE: GS) is 3.27% higher on its value in year-to-date trading and has touched a low of $437.37 and a high of $672.19 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The GS stock was last observed hovering at around $567.10 in the last trading session, with the day’s gains setting it 24.24%.
Currently trading at $591.34, the stock is 9.42% and 9.18% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.53 million and changing 4.27% at the moment leaves the stock 7.26% off its SMA200. GS registered 32.31% gain for a year compared to 6-month loss of -0.78%.
The stock witnessed a 20.73% gain in the last 1 month and extending the period to 3 months gives it a -9.10%, and is 5.68% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.90% over the week and 2.59% over the month.
Goldman Sachs Group, Inc (GS) has around 46500 employees, a market worth around $181.45B and $125.70B in sales. Current P/E ratio is 13.72 and Fwd P/E is 11.79. Profit margin for the company is 11.28%. Distance from 52-week low is 35.20% and -12.03% from its 52-week high. The company has generated returns on investments over the last 12 months (3.58%).
The EPS is expected to grow by 10.69% this year.
Goldman Sachs Group, Inc (GS) Top Institutional Holders
The shares outstanding are 307.63M, and float is at 305.14M with Short Float at 1.66%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 28.31 million shares valued at $12.8 billion. The investor’s holdings represent 8.5838% of the GS Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 23.16 million shares valued at $10.48 billion to account for 7.0225 of the shares outstanding. The other top investors are STATE STREET CORP which holds 19.43 million shares representing 5.8927% and valued at over $8.79 billion, while AUSTIN PRIVATE WEALTH, LLC holds 2.7289 of the shares totaling 9.0 million with a market value of $407.0.
Goldman Sachs Group, Inc (GS) Insider Activity
The most recent transaction is an insider purchase by HESS JOHN B, the company’s Director. SEC filings show that HESS JOHN B bought 3,904 shares of the company’s common stock on Apr 15 ’25 at a price of $511.68 per share for a total of $2.0 million. Following the purchase, the insider now owns 3904.0 shares.
Goldman Sachs Group, Inc disclosed in a document filed with the SEC on Feb 26 ’25 that SOLOMON DAVID M (Chairman of the Board and CEO) sold a total of 2,415 shares of the company’s common stock. The trade occurred on Feb 26 ’25 and was made at $622.15 per share for $1.5 million. Following the transaction, the insider now directly holds 0.12 million shares of the GS stock.
Still, SEC filings show that on Feb 26 ’25, SOLOMON DAVID M (Managing Director) Proposed Sale 2,415 shares at an average price of $614.91 for $1.49 million. The insider now directly holds shares of Goldman Sachs Group, Inc (GS).
