Insider Selling: The Goldman Sachs Group (NYSE:GS) CFO Sells 6,857 Shares of Stock

The Goldman Sachs Group, Inc. (NYSE:GS) CFO Denis Coleman sold 6,857 shares of the business’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $973.55, for a total transaction of $6,675,632.35. Following the completion of the sale, the chief financial officer directly owned 31,070 shares of the company’s stock, valued at approximately $30,248,198.50. The trade was a 18.08% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

The Goldman Sachs Group Price Performance

NYSE GS traded down $3.07 on Monday, hitting $945.40. The company had a trading volume of 1,447,923 shares, compared to its average volume of 2,295,045. The company has a market capitalization of $278.90 billion, a PE ratio of 17.28, a PEG ratio of 1.22 and a beta of 1.28. The company’s fifty day moving average price is $878.61 and its 200-day moving average price is $878.95. The company has a debt-to-equity ratio of 2.89, a current ratio of 0.63 and a quick ratio of 0.63. The Goldman Sachs Group, Inc. has a 12-month low of $582.50 and a 12-month high of $984.70.

The Goldman Sachs Group (NYSE:GS) last issued its quarterly earnings results on Monday, April 13th. The investment management company reported $17.55 EPS for the quarter, topping the consensus estimate of $15.92 by $1.63. The company had revenue of $17.23 billion during the quarter, compared to analyst estimates of $16.66 billion. The Goldman Sachs Group had a net margin of 14.13% and a return on equity of 16.53%. The firm’s revenue was up 14.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $14.12 EPS. As a group, analysts predict that The Goldman Sachs Group, Inc. will post 59.53 earnings per share for the current year.

The Goldman Sachs Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Investors of record on Monday, June 1st will be issued a $4.50 dividend. This represents a $18.00 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend is Monday, June 1st. The Goldman Sachs Group’s payout ratio is presently 32.89%.

Key Stories Impacting The Goldman Sachs Group

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

• Positive Sentiment: Goldman Sachs reportedly boosted investment banking activity, with Q1 investment banking fees up 48%, reinforcing the view that its advisory and deal-making business is improving. Article Title
• Positive Sentiment: Goldman also sounded constructive on gold, saying central banks are likely to increase reserve buying, which could support precious metals-related trading and commodities revenue. Article Title
• Positive Sentiment: Multiple reports said Goldman is shifting crypto exposure toward higher-growth areas, including new positions in crypto-linked equities such as Circle, Galaxy, Coinbase, and Hyperliquid-related exposure, signaling active portfolio repositioning rather than a full retreat from digital assets. Article Title
• Neutral Sentiment: Goldman disclosed that it crossed below the 3% voting-rights threshold in Umicore while increasing equivalent financial instruments above 3%, a routine holdings update that appears more procedural than material for GS shares. Article Title
• Neutral Sentiment: Commentary from Goldman on markets and AI — including warnings that the rally is increasingly concentrated in large-cap AI stocks — is influencing broader sentiment, but it is more of a macro call than a direct driver of Goldman Sachs’ own fundamentals. Article Title
• Negative Sentiment: Broader market weakness, driven by higher oil prices and geopolitical concerns, is pressuring financial stocks and helping explain why GS is softer today despite generally solid company-related news. Article Title
• Negative Sentiment: Goldman’s move to exit XRP and Solana ETF exposure and cut Ethereum ETF holdings by about 70% may be read as a more cautious stance on certain crypto bets, even as it kept large Bitcoin ETF exposure. Article Title

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. Citigroup boosted their price target on The Goldman Sachs Group from $765.00 to $930.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. Daiwa Securities Group lifted their target price on shares of The Goldman Sachs Group from $891.00 to $930.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 5th. Wells Fargo & Company reduced their target price on shares of The Goldman Sachs Group from $1,050.00 to $1,000.00 and set an “overweight” rating for the company in a research report on Monday, April 13th. Royal Bank Of Canada reissued a “neutral” rating on shares of The Goldman Sachs Group in a research note on Monday, April 13th. Finally, UBS Group raised their price target on shares of The Goldman Sachs Group from $930.00 to $940.00 in a research note on Wednesday, May 6th. Eight research analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $942.24.

Hedge Funds Weigh In On The Goldman Sachs Group

Several hedge funds and other institutional investors have recently modified their holdings of GS. Vanguard Group Inc. boosted its position in shares of The Goldman Sachs Group by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 29,014,431 shares of the investment management company’s stock valued at $25,503,685,000 after acquiring an additional 418,820 shares during the last quarter. State Street Corp boosted its position in shares of The Goldman Sachs Group by 2.1% during the 4th quarter. State Street Corp now owns 19,564,783 shares of the investment management company’s stock valued at $17,197,444,000 after acquiring an additional 394,198 shares during the last quarter. Fisher Asset Management LLC boosted its position in shares of The Goldman Sachs Group by 1.7% during the 4th quarter. Fisher Asset Management LLC now owns 6,771,556 shares of the investment management company’s stock valued at $5,952,199,000 after acquiring an additional 110,134 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of The Goldman Sachs Group by 0.7% during the 4th quarter. Geode Capital Management LLC now owns 6,726,721 shares of the investment management company’s stock valued at $5,896,795,000 after acquiring an additional 45,266 shares during the last quarter. Finally, Bank of America Corp DE boosted its position in shares of The Goldman Sachs Group by 3.4% during the 4th quarter. Bank of America Corp DE now owns 5,978,034 shares of the investment management company’s stock valued at $5,254,692,000 after acquiring an additional 194,109 shares during the last quarter. 71.21% of the stock is owned by hedge funds and other institutional investors.

About The Goldman Sachs Group

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.