GAP (NYSE:GAP) CEO Sells $380,552.20 in Stock

The Gap, Inc. (NYSE:GAP) CEO Mark Breitbard sold 16,030 shares of the stock in a transaction on Monday, March 16th. The shares were sold at an average price of $23.74, for a total transaction of $380,552.20. Following the sale, the chief executive officer directly owned 131,703 shares of the company’s stock, valued at $3,126,629.22. The trade was a 10.85% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

GAP Trading Up 0.5%

GAP stock traded up $0.11 during trading hours on Monday, reaching $23.35. The stock had a trading volume of 9,663,531 shares, compared to its average volume of 9,116,772. The company has a fifty day simple moving average of $26.98 and a 200-day simple moving average of $25.04. The Gap, Inc. has a 52 week low of $16.99 and a 52 week high of $29.36. The stock has a market cap of $8.69 billion, a PE ratio of 10.86, a PEG ratio of 1.34 and a beta of 2.29. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.75 and a quick ratio of 1.08.

GAP (NYSE:GAP) last issued its quarterly earnings data on Thursday, March 5th. The company reported $0.45 EPS for the quarter, missing the consensus estimate of $0.46 by ($0.01). The firm had revenue of $4.24 billion for the quarter, compared to the consensus estimate of $4.24 billion. GAP had a net margin of 5.31% and a return on equity of 22.98%. The business’s revenue was up 2.1% on a year-over-year basis. During the same period last year, the company posted $0.54 earnings per share. GAP has set its FY 2026 guidance at 2.200-2.350 EPS. Analysts forecast that The Gap, Inc. will post 2.02 EPS for the current fiscal year.

GAP Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 29th. Shareholders of record on Wednesday, April 8th will be given a dividend of $0.175 per share. This represents a $0.70 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend is Wednesday, April 8th. This is a positive change from GAP’s previous quarterly dividend of $0.17. GAP’s dividend payout ratio is currently 30.70%.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on GAP. Argus upgraded shares of GAP to a “strong-buy” rating in a report on Thursday, January 22nd. The Goldman Sachs Group upped their price objective on shares of GAP from $29.00 to $32.00 and gave the stock a “buy” rating in a report on Friday, January 30th. UBS Group raised shares of GAP from a “neutral” rating to a “buy” rating and raised their target price for the stock from $26.00 to $41.00 in a research report on Wednesday, January 7th. Guggenheim assumed coverage on shares of GAP in a research note on Tuesday, December 9th. They set a “neutral” rating on the stock. Finally, Bank of America boosted their price target on shares of GAP from $23.00 to $27.00 and gave the company a “neutral” rating in a research report on Friday, November 21st. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, GAP currently has a consensus rating of “Moderate Buy” and an average target price of $30.46.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of GAP. Public Employees Retirement System of Ohio boosted its stake in GAP by 2.7% during the fourth quarter. Public Employees Retirement System of Ohio now owns 73,812 shares of the company’s stock worth $1,890,000 after acquiring an additional 1,945 shares in the last quarter. Russell Investments Group Ltd. increased its stake in shares of GAP by 94.8% during the fourth quarter. Russell Investments Group Ltd. now owns 72,239 shares of the company’s stock valued at $1,849,000 after purchasing an additional 35,146 shares in the last quarter. Captrust Financial Advisors lifted its holdings in shares of GAP by 34.4% during the fourth quarter. Captrust Financial Advisors now owns 61,792 shares of the company’s stock valued at $1,582,000 after purchasing an additional 15,816 shares during the last quarter. Entropy Technologies LP lifted its holdings in shares of GAP by 53.9% during the fourth quarter. Entropy Technologies LP now owns 110,218 shares of the company’s stock valued at $2,822,000 after purchasing an additional 38,588 shares during the last quarter. Finally, Atlas Capital Advisors Inc. bought a new stake in shares of GAP in the 4th quarter worth approximately $203,000. 58.81% of the stock is currently owned by institutional investors.

About GAP

Gap Inc is a global specialty retailer renowned for its portfolio of apparel and accessories brands, including Gap, Banana Republic, Old Navy and Athleta. The company designs, sources and markets clothing across a broad price range and style spectrum, catering to men, women and children. Its offerings extend from everyday wardrobe essentials such as denim, tees and outerwear to performance and lifestyle pieces, reflecting each brand’s distinct identity and price point.

Founded in San Francisco in 1969 by Donald and Doris Fisher, Gap Inc has grown into one of the world’s largest apparel companies.