Goldman Sachs Insider Buying Signals Investor Confidence
Recent insider transactions at Goldman Sachs Group Inc suggest a positive outlook for the company, with significant investment from a key executive.
In our analysis of the latest Dividend Channel ”DividendRank” report, we spotlight companies that have seen insider buying in the last six months. Company executives often hold valuable insights, and when they invest their own money, it indicates confidence in the company’s future performance. One notable example is Goldman Sachs Group Inc, where Director Kevin R. Johnson recently made a significant purchase.
On January 17, Johnson bought 2,400 shares of GS for $1,485,648.00, which breaks down to a purchase price of $619.02 per share. As of Wednesday’s trading session, GS shares were priced at $629.71 each, reflecting a 1.7% increase from Johnson’s acquisition price. Today, Goldman Sachs shares are down just 0.01% compared to earlier trading.
The following chart illustrates the performance of GS shares over the past year, compared to its 200-day moving average:
Goldman Sachs’s stock has a 52-week low of $374.24 and a high of $635.50, with the latest transaction occurring at $634.47. The following table outlines the recent insider buying activity:
| Date of Purchase | Insider | Title | Number of Shares | Price/Share | Total Investment |
|---|---|---|---|---|---|
| 01/17/2025 | Kevin R. Johnson | Director | 2,400 | $619.02 | $1,485,648.00 |
The DividendRank report highlighted GS’s attractive valuation and robust profitability metrics. It noted the company’s strong dividend history and encouraging long-term growth in essential financial indicators.
According to the report, “Dividend investors who focus on value are especially interested in identifying the most profitable companies that are also trading at a fair price. Our proprietary DividendRank formula helps uncover these opportunities and provides a curated list of stocks for further research.”
Goldman Sachs currently pays an annual dividend of $12 per share, distributed quarterly, with the most recent ex-dividend date on February 28, 2025. Below is a long-term chart showcasing GS’s dividend history, which can be useful for evaluating the sustainability of future dividends:
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The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
