Insider Buying Sparks Interest in General Motors Stock

The latest Dividend Channel ”DividendRank” report highlights companies with insider purchases, focusing on General Motors Co (Symbol: GM), where CFO Paul A. Jacobson made a significant investment.

On July 26, Jacobson bought 25,000 shares of GM for a total of $1,102,750.00, paying $44.11 per share. As of Wednesday’s trading, GM shares were at $51.50, reflecting a 16.8% increase from his purchase price. Jacobson also received $0.12 per share in dividends since the purchase, bringing his total return to 17.0%. As of now, General Motors Co shares are up 1.11% for the day. The chart below illustrates the one-year performance of GM compared to its 200-day moving average:

Over the past year, GM has seen its stock fluctuate, with a low of $26.30 and a high of $54.295. The most recent trade shows shares at $52.11. The table below lists insider purchases over the last six months:

The DividendRank report emphasizes GM’s appealing valuation and strong profitability metrics. It highlights the company’s robust quarterly dividend history and solid long-term growth rates in key areas.

The report states, ”Dividend investors who look for value typically seek out strong, profitable companies that are available at attractive prices. Our proprietary DividendRank formula ranks companies based on their profitability and valuation, helping investors identify top stocks worthy of further study.”

General Motors Co currently pays an annual dividend of $0.48 per share, distributed quarterly. The last ex-dividend date was December 6, 2024. Below is a long-term dividend history chart for GM, which the report points out is crucial for evaluating the likelihood of dividend sustainability.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.