The Goldman Sachs Group (NYSE:GS) CEO Sells $10,928,640.00 in Stock

The Goldman Sachs Group, Inc. (NYSE:GS) CEO David Solomon sold 12,000 shares of the firm’s stock in a transaction dated Tuesday, October 27th. The stock was sold at an average price of $910.72, for a total value of $10,928,640.00. Following the completion of the transaction, the chief executive officer directly owned 159,180 shares in the company, valued at $144,968,409.60. The trade was a 7.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

The Goldman Sachs Group Trading Up 0.2%

The Goldman Sachs Group stock opened at $927.10 on Friday. The business has a 50-day simple moving average of $949.85 and a two-hundred day simple moving average of $958.33. The company has a market cap of $269.94 billion, a P/E ratio of 13.33, a P/E/G ratio of 0.87 and a beta of 1.29. The Goldman Sachs Group, Inc. has a 52-week low of $754.00 and a 52-week high of $1,153.99. The company has a quick ratio of 0.63, a current ratio of 1.10 and a debt-to-equity ratio of 2.82.

The Goldman Sachs Group (NYSE:GS) last issued its quarterly earnings data on Tuesday, October 13th. The investment management company reported $17.01 earnings per share for the quarter, topping the consensus estimate of $12.86 by $4.15. The firm had revenue of $18.68 billion for the quarter, compared to analysts’ expectations of $16.83 billion. The Goldman Sachs Group had a net margin of 15.77% and a return on equity of 19.55%. The business’s quarterly revenue was up 23.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $12.25 EPS. Analysts predict that The Goldman Sachs Group, Inc. will post 70.89 EPS for the current year.

The Goldman Sachs Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 30th. Shareholders of record on Wednesday, December 2nd will be issued a dividend of $5.00 per share. This represents a $20.00 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Wednesday, December 2nd. The Goldman Sachs Group’s dividend payout ratio is currently 28.76%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. TD Cowen initiated coverage on shares of The Goldman Sachs Group in a research report on Thursday, October 8th. They set a “buy” rating and a $1,050.00 price objective for the company. BMO Capital Markets decreased their target price on The Goldman Sachs Group from $970.00 to $950.00 and set a “market perform” rating on the stock in a report on Monday, October 19th. Loop Capital set a $1,050.00 target price on The Goldman Sachs Group in a report on Thursday, October 8th. JPMorgan Chase & Co. lifted their target price on The Goldman Sachs Group from $955.00 to $970.00 and gave the company a “neutral” rating in a research report on Friday, October 16th. Finally, Weiss Ratings lowered The Goldman Sachs Group from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $1,049.52.

The Goldman Sachs Group News Roundup

Here are the key news stories impacting The Goldman Sachs Group this week:

• Positive Sentiment: Goldman Sachs ranked among the leading financial advisers in the Middle East and Africa, advising on approximately $34.8 billion of M&A transactions during the first three quarters of 2026. Strong deal activity supports the outlook for investment-banking fees. Goldman Sachs and Rothschild lead MEA M&A financial advisory in Q1-Q3 2026
• Positive Sentiment: A Zacks article highlighted Goldman Sachs as a potentially attractive long-term holding, following its recent quarterly results that significantly exceeded analyst expectations. The bank reported $17.01 in quarterly EPS and $18.68 billion in revenue, with revenue up 23% year over year. Why Goldman Sachs is a Top Stock for the Long-Term
• Positive Sentiment: Goldman Sachs is adopting EquiLend’s 1Source distributed-ledger platform for securities finance. The technology could improve operational efficiency, reduce reconciliation breaks and lower processing costs, although the immediate earnings impact is unclear. EquiLend’s 1Source DLT Adds Goldman Sachs
• Neutral Sentiment: Goldman Sachs research projects substantial long-term growth in autonomous transportation, including a potential $415 billion robotaxi market and $560 billion autonomous-trucking market by 2035. The forecasts reinforce Goldman’s research franchise but do not directly change near-term earnings. Autonomous Vehicle Stocks Backed by Hedge Funds
• Negative Sentiment: CEO David Solomon sold 12,000 shares for approximately $10.9 million, reducing his direct holdings by 7.01%. Insider Ericka Leslie also sold a combined 250 shares for approximately $229,000. These transactions may weigh on sentiment, although they do not necessarily signal deteriorating business fundamentals. Goldman Sachs Insider Selling

Institutional Trading of The Goldman Sachs Group

A number of hedge funds and other institutional investors have recently modified their holdings of GS. BlackRock Inc. bought a new position in The Goldman Sachs Group during the second quarter valued at $24,172,123,000. Bank of America Corp DE purchased a new position in shares of The Goldman Sachs Group in the 2nd quarter worth $6,756,772,000. Orange County Employees Retirement System purchased a new position in shares of The Goldman Sachs Group in the 2nd quarter worth $69,537,544,000. Bank of New York Mellon Corp bought a new stake in shares of The Goldman Sachs Group in the 2nd quarter worth about $2,560,028,000. Finally, International Assets Investment Management LLC purchased a new stake in The Goldman Sachs Group during the first quarter valued at approximately $2,024,921,000. 71.21% of the stock is owned by hedge funds and other institutional investors.

The Goldman Sachs Group Company Profile

The Goldman Sachs Group, Inc is a global financial services company that provides investment banking, securities, asset management and wealth management services to corporations, financial institutions, governments and individual investors. Its investment banking activities include advising on mergers and acquisitions, public and private offerings, restructurings and other strategic transactions.

Through its global markets businesses, Goldman Sachs helps clients buy and sell securities and other financial instruments and provides financing, risk management and market-making services.