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 $708.8K 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.
- Carlisle Stephen K. - EVP, Sold $1,001,181 worth of shares on 2 weeks ago
- Wesley Bush - Director, Bought $352,300 worth of shares on 2 days ago
- Paul A. Jacobson - EVP & CFO, Bought $1,357,650 worth of shares on 2 weeks ago
- Blissett Julian G. - EVP, $1,087,970 worth of shares on 3 months ago
In addition, TradingView issued a Strong 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: $35.97
- Price Change: -$2.13, -5.5906%
- Yearly Gain: -31.83%
- Market Cap: $52.45B
- P/E Ratio: 6.159
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