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GM Showing Recent Insider Activity

Recent activity shows that General Motors, GM the Insider Confidence level is trending Up due to Corporate Insiders of GM Bought $660.1K worth of shares in the last 3 months.  

Before you dig into this report it is important to remember that "Insider Buying" is the purchase of shares in a corporation by a director, officer, or executive within the company. Insider buying is not the same as insider trading, which refers to corporate insiders making illegal stock purchases based on non-public information.
 
"Insider Buying" is not a crime when the buying is based on public information. 
 
Additionally, since insiders have unique insights into their own companies, they often gobble up shares when they believe the stock is undervalued or dump stock when it’s time to sell.  That's why people pay attention to insider buying.

Here is a list of the latest insider activity for GM:
  • Paul A. Jacobson - EVP & CFO, Bought $1,357,650 worth of shares on 4 days ago
  • Carlisle Stephen K. - EVP, Sold $1,001,181 worth of shares on 3 days ago
  • Blissett Julian G. - EVP, $1,087,970 worth of shares on 2 months ago
  • Mary Barra - Chair & CEO,Director, $10,587,614 worth of shares on 2 months ago
TipRanks.com reports that General Motors currently has 14 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $63.08 . The target pricing ranges from a high forecast of $98.00 down to a low forecast of $44.00. General Motors (GM)’s last closing price was $39.33 which would put the average price target at 60.39% upside.

In addition, TradingView issued a Sell rating for GM over the next month, Barchart.com has a Strong sell rating and Yahoo! Finance has a Bearish short-term outlook

General Motors, GM
Summary: General Motors the auto giant has had a long and checkered history. The company rose to dominate the U.S. industry; however, hit by the financial crisis, General Motors filed for bankruptcy and within few months, the firm emerged from bankruptcy. The company is stepping up to embrace an electric future and gain a strong foothold in the fast-growing market. The automaker plans to roll out fresh EV models. The firm's own modular battery platform, the Ultium Drive system, will aid in the transition to an all-electric portfolio.'The major EV offerings would include GMC Hummer e-pickup, Cadillac LYRIQ, Chevrolet Silverado EV, Chevrolet Equinox and Blazer EVs. The company will also offer an electric version of GMC's Sierra pickup truck.'General Motors, and its strategic partners, produces, sells and services cars, trucks and parts under four core brands - Chevrolet, Buick, GMC and Cadillac. General Motors assembles passenger cars, crossover vehicles, light trucks, sport utility vehicles, vans and other vehicles.
  • Last Price: $39.33
  • Price Change: -$0.62, -1.5519%
  • Yearly Gain: -31.96%
  • Market Cap: $57.35B
  • P/E Ratio: 6.632
Remember, securities are volatile, so please do your own research on GM. If you are interest in stocks like GM or stocks in the Consumer Goods sector, please click here.

TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>

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This information was sourced from various 3rd party public sources but to get the best insight into insider activity related to GM, you should consider joining TipRanks.com.

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