The Goldman Sachs Group, Inc. (NYSE:GS) is now up 31.39% compared to a 12-month low of $151.7. We have seen the price to move 1.17% higher and get settled at $199.32 on 6/27/2019. At recent session, it appeared stuck in a range of $196.12 to $197.87. This company shares are 15.77% off its target price of $230.76 and the current market capitalization stands at $72.83B. The recent change has given its price a 1.19% lead over SMA 50 and -18.67% deficit over its 52-week high. The stock witnessed 5.99% gains, 4.26% gains and 22.33% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found GS’s volatility during a week at 1.62% and during a month it has been found around 1.78%.

What Does The Goldman Sachs Group, Inc. (GS) Do?

The company describes itself in regulatory filings as, “Goldman Sachs Group, Inc. engages in global investment banking, securities, and investment management, which provides financial services. It operates through the following business segments: Investment Banking, Institutional Client Services, Investing and Lending, and Investment Management. The Investment Banking segment gives financial advisory services and help companies raise capital. The Institutional Client Services segment serves clients who come to buy and sell financial products, raise funding, and manage risk. The Investing and Lending segment includes investing and relationship lending activities; and making investment. The Investment Management segment involves in investment and wealth advisory services. The company was founded by Marcus Goldman in 1869 and is headquartered in New York, NY.” [Text can be found here: https://www.marketwatch.com/investing/stock/GS/profile under company description.]

The Goldman Sachs Group, Inc. (GS) Top Holders

Institutional investors currently hold around $49.96 billion or 74.6% in GS stock. Look at its top three institutional owners: Vanguard Group Inc owns $4.97 billion in The Goldman Sachs Group, Inc., which represents roughly 6.82% of the company’s market cap and approximately 9.94% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 21,984,227 shares of the stock are valued at $4.33 billion. The third largest holder is State Street Corp, which currently holds $4.12 billion worth of this stock and that ownership represents nearly 5.65% of its market capitalization.

The Goldman Sachs Group, Inc. 13F Filings

At the end of March reporting period, 597 institutional holders increased their position in The Goldman Sachs Group, Inc. (NYSE:GS) by some 18,240,124 shares, 585 decreased positions by 21,321,471 and 206 held positions by 214,018,052. That puts total institutional holdings at 253,579,647 shares, according to SEC filings. The stock grabbed 133 new institutional investments totaling 2,463,504 shares while 102 institutional investors sold out their entire positions totaling 1,575,556 shares.

The Goldman Sachs Group, Inc. (NYSE:GS) Insider Trades

Multiple company employees have indulged in significant insider trading. The Goldman Sachs Group, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that EVP, Global Head of HCM HOLMES DANE E has sold 1,489 shares of The Goldman Sachs Group, Inc. (GS) in the trading session dated Feb. 20, 2019. These shares are worth $295,284 and were traded at $198.31 each. The SEC filing shows that PALM GREGORY K performed a sale of 16,451 shares. The Executive VP – General Counsel disposed these shares by way of transaction on Dec. 27, 2018. The company’s shares were given away at $158.41 per share worth to an income of some $2,606,003 to the account of PALM GREGORY K.

President and COO, SOLOMON DAVID M, sold 8,488 common shares of The Goldman Sachs Group, Inc. (GS) in the open market. In a transaction dated Aug. 01, 2018, the shares were put up for sale at an average price of $237.92, raking in a sum of $2,019,465. After this sale, 222,625 common shares of GS are directly owned by the insider, with total stake valued at $44,373,615.

In the transaction dated Jul. 18, 2018, a great number of shares sold came courtesy the President and COO; SOLOMON DAVID M disposed a total of 8,382 shares at an average price of $232.08, amounting to approximately $1,945,295. The insider now directly owns 222,625 shares worth $44,373,615.

The Goldman Sachs Group, Inc. (GS) Analyst Guide

Several analysts have released their opinion on The Goldman Sachs Group, Inc. (NYSE:GS), with 5 analysts believing it is a strong buy. Whereas 12 of them predict the stock is a hold. Also, there are 6 buy, 1 sell and 1 strong sell ratings, collectively assigning a 2.48 average brokerage recommendation [T1].