General Motors Company CFO Sells $111,252 in Stock (GM)

Share on StockTwits

General Motors Company (NYSE:GM) CFO Charles Stevens III unloaded 3,048 shares of the company’s stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of $36.50, for a total transaction of $111,252.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

GM has been the subject of a number of recent research reports. Analysts at Ned Davis Research upgraded shares of General Motors Company from a “neutral” rating to a “buy” rating in a research note on Tuesday, February 18th. Separately, analysts at Sterne Agee reiterated a “buy” rating on shares of General Motors Company in a research note on Monday, February 10th. They now have a $50.00 price target on the stock. Finally, analysts at UBS AG raised their price target on shares of General Motors Company from $49.00 to $52.00 in a research note on Friday, February 7th. They now have a “buy” rating on the stock. Four research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $47.00.

General Motors Company (NYSE:GM) opened at 37.54 on Friday. General Motors Company has a one year low of $27.11 and a one year high of $41.85. The stock’s 50-day moving average is $36.57 and its 200-day moving average is $37.23. The company has a market cap of $59.681 billion and a P/E ratio of 15.77. General Motors Company also was the target of unusually large options trading on Wednesday. Stock traders acquired 96,535 call options on the company. This represents an increase of 186% compared to the typical volume of 33,783 call options.

General Motors Company (NYSE:GM) last issued its quarterly earnings data on Thursday, February 6th. The company reported $0.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.88 by $0.21. The company had revenue of $40.50 billion for the quarter, compared to the consensus estimate of $40.89 billion. During the same quarter in the previous year, the company posted $0.48 earnings per share. The company’s revenue for the quarter was up 3.1% on a year-over-year basis. On average, analysts predict that General Motors Company will post $3.75 earnings per share for the current fiscal year.

General Motors Corporation (NYSE:GM) designs, build and sell cars, trucks and automobiles parts globally.

Receive News & Ratings for General Motors Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for General Motors Company and related companies with Analyst Ratings Network's FREE daily email newsletter.

Latest News

Canaccord Genuity Trims Avocet Mining plc Target Price to GBX 4
Canaccord Genuity Trims Avocet Mining plc Target Price to GBX 4
Tribal Group plc Receives “Buy” Rating from Canaccord Genuity
Tribal Group plc Receives “Buy” Rating from Canaccord Genuity
Nanoco Group PLC’s Buy Rating Reiterated at Canaccord Genuity
Nanoco Group PLC’s Buy Rating Reiterated at Canaccord Genuity
Micro Focus International plc Given “Buy” Rating at Canaccord Genuity
Micro Focus International plc Given “Buy” Rating at Canaccord Genuity
Cobham plc Given “Buy” Rating at Liberum Capital
Cobham plc Given “Buy” Rating at Liberum Capital
Deutsche Bank Reaffirms Buy Rating for News Corp
Deutsche Bank Reaffirms Buy Rating for News Corp


Leave a Reply

 
Advertisement
Advertisement
© 2006-2014 Mideast Time.