rts logo

Why should you keep an eye on GE Vernova Inc (GEV)?

GE Vernova Inc (NYSE: GEV) is 26.66% higher on its value in year-to-date trading and has touched a low of $150.01 and a high of $447.50 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 GEV stock was last observed hovering at around $399.26 in the last trading session, with the day’s gains setting it 17.37%.

Currently trading at $416.63, the stock is 13.83% and 25.28% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.99 million and changing 4.35% at the moment leaves the stock 38.04% off its SMA200. GEV registered 154.04% gain for a year compared to 6-month loss of 23.89%.

The stock witnessed a 34.42% gain in the last 1 month and extending the period to 3 months gives it a 8.22%, and is 3.87% 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 3.21% over the week and 4.49% over the month.

GE Vernova Inc (GEV) has around 76800 employees, a market worth around $113.71B and $35.72B in sales. Current P/E ratio is 59.46 and Fwd P/E is 37.66. Profit margin for the company is 5.42%. Distance from 52-week low is 177.73% and -6.90% from its 52-week high. The company has generated returns on investments over the last 12 months (22.49%).

with sales reaching $8.76B over the same period.The EPS is expected to grow by 1135.33% this year, but quarterly earnings will post 5.65% year-over-year. Quarterly sales are estimated to grow 6.76% in year-over-year returns.

GE Vernova Inc (GEV) Top Institutional Holders

The shares outstanding are 272.93M, and float is at 272.70M with Short Float at 2.22%.

The top institutional shareholder in the company is VANGUARD GROUP INC with over 26.9 million shares valued at $4.61 billion. The investor’s holdings represent 9.8165% of the GEV Shares outstanding. As of 2024-06-30, the second largest holder is FMR LLC with 23.46 million shares valued at $4.02 billion to account for 8.5633 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 18.07 million shares representing 6.5952% and valued at over $3.1 billion, while STATE STREET CORP holds 3.7652 of the shares totaling 10.32 million with a market value of $1.77 billion.

GE Vernova Inc (GEV) Insider Activity

The most recent transaction is an insider sale by Zingoni Maria Victoria, the company’s Chief Executive Officer, Power. SEC filings show that Zingoni Maria Victoria sold 18,803 shares of the company’s common stock on Apr 28 ’25 at a price of $368.16 per share for a total of $6.92 million. Following the sale, the insider now owns 0.0 shares.

Related Posts