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.

Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.

Latest News

Brookdale Senior Living Director James R. Seward Sells 15,000 Shares
Brookdale Senior Living Director James R. Seward Sells 15,000 Shares
Pfenex  Posts Quarterly Earnings Results, Misses Expectations By $1.52 EPS
Pfenex Posts Quarterly Earnings Results, Misses Expectations By $1.52 EPS
Nomura Upgrades Direct Line Insurance Group PLC to “Buy”
Nomura Upgrades Direct Line Insurance Group PLC to “Buy”
Casella Waste Systems Rating Reiterated by Raymond James
Casella Waste Systems Rating Reiterated by Raymond James
Liberty TripAdvisor Holdings, Inc. – Series A Common Stock When Issued Now Covered by FBR Capital Markets
Liberty TripAdvisor Holdings, Inc. – Series A Common Stock When Issued Now Covered by FBR Capital Markets
Athlon Energy Now Covered by Analysts at Barclays
Athlon Energy Now Covered by Analysts at Barclays


Leave a Reply

 
© 2006-2014 Mideast Time.