General Motors Set to Announce Q1 Earnings with Key Insights
GENERAL MOTORS ($GM) is anticipated to report its quarterly earnings on Tuesday, April 29th, prior to the market opening, as reported by Finnhub. Analysts predict the company will generate revenue of $44,326,923,718 and report earnings of $2.80 per share.
Recent Insider Trading at General Motors
Over the past six months, insiders at GENERAL MOTORS have engaged in nine stock trades, consisting of one purchase and eight sales.
Here’s a detailed account of these insider transactions:
- CRAIG B. GLIDDEN (Executive Vice President & GC): 0 purchases, 5 sales, totaling 383,142 shares for about $21,696,752.
- MARY T. BARRA (Chair & CEO): sold 206,824 shares for approximately $11,913,062.
- MARK L. REUSS (President): sold 122,283 shares for about $6,745,130.
- ALFRED F. JR KELLY: purchased 12,000 shares for an estimated $607,920.
- RORY HARVEY (Executive Vice President): sold 8,919 shares for about $535,229.
Hedge Fund Activity Related to General Motors
In the latest quarter, 562 institutional investors added shares of GENERAL MOTORS to their portfolios, while 644 reduced their holdings.
Some significant changes include:
- CAPITAL WORLD INVESTORS cut 22,218,452 shares (-46.0%), estimated at $1,183,576,938.
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP decreased by 8,347,526 shares (-27.7%), approximately $444,672,710.
- CAPITAL INTERNATIONAL INVESTORS reduced by 7,196,697 shares (-71.7%), totaling around $383,368,049.
- HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC removed 6,366,002 shares (-36.8%), valued at about $339,116,926.
- BLACKROCK, INC. decreased by 6,009,772 shares (-5.7%), worth approximately $320,140,554.
- BARCLAYS PLC cut 5,419,215 shares (-70.0%), estimated at $288,681,583.
- FMR LLC reduced holdings by 4,217,131 shares (-21.9%), totaling around $224,646,568.
General Motors Government Contracts Overview
GENERAL MOTORS has received $388,336,268 in award payments during the past year.
Notable contracts that contributed to this total include:
- NEXT GENERATION LIMOUSINES (NGL4): $14,812,225
- 4X2 VAN WAGON, FULL SIZE, 12 PASSENGER: $1,001,190
- 4X2 VAN WAGON, FULL SIZE, 15 PASSENGER: $702,800
- 4X2 VAN WAGON, FULL SIZE, 15 PASSENGER: $662,100
- 4X2 VAN WAGON, FULL SIZE, 15 PASSENGER: $631,162
Congressional Trading of General Motors Stock
In the last six months, members of Congress have traded $GM stock once. This trade consisted of one sale and no purchases.
Analyst Ratings for General Motors
Recently, Wall Street analysts have weighed in on $GM, with four firms issuing buy ratings and three firms issuing sell ratings. Here are some of the latest ratings:
- Barclays: “Negative” rating on 04/15/2025
- Bernstein: “Underperform” rating on 04/07/2025
- Cowen & Co.: “Buy” rating on 03/06/2025
- UBS: “Buy” rating on 02/03/2025
- Wells Fargo: “Underweight” rating on 02/03/2025
- Evercore ISI: “Outperform” rating on 12/13/2024
- Bank of America Securities: “Buy” rating on 12/04/2024
This article is not financial advice. For more information, please refer to Quiver Quantitative’s disclaimers. Note that inaccuracies may exist due to errors in ticker mapping and other anomalies.
The views and opinions expressed herein reflect those of the author and do not necessarily align with Nasdaq, Inc.