Representative Gilbert Ray Cisneros, Jr. (D-California) recently sold shares of General Motors (NYSE:GM). In a filing disclosed on March 06th, the Representative disclosed that they had sold between $1,001 and $15,000 in General Motors stock on February 26th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.
Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of Sterling Infrastructure (NASDAQ:STRL) on 3/3/2025.
- Purchased $1,001 – $15,000 in shares of Hillman Solutions (NASDAQ:HLMN) on 3/3/2025.
- Sold $1,001 – $15,000 in shares of Ford Motor (NYSE:F) on 2/26/2025.
- Purchased $1,001 – $15,000 in shares of Uber Technologies (NYSE:UBER) on 2/26/2025.
- Sold $15,001 – $50,000 in shares of UnitedHealth Group (NYSE:UNH) on 2/26/2025.
- Purchased $15,001 – $50,000 in shares of Microsoft (NASDAQ:MSFT) on 2/26/2025.
- Purchased $1,001 – $15,000 in shares of Tesla (NASDAQ:TSLA) on 2/26/2025.
- Sold $1,001 – $15,000 in shares of Akamai Technologies (NASDAQ:AKAM) on 2/26/2025.
- Sold $1,001 – $15,000 in shares of Danaher (NYSE:DHR) on 2/26/2025.
- Purchased $1,001 – $15,000 in shares of Dollar General (NYSE:DG) on 2/26/2025.
General Motors Trading Up 0.4 %
Shares of GM opened at $47.39 on Friday. General Motors has a twelve month low of $38.94 and a twelve month high of $61.24. The company has a market cap of $47.16 billion, a P/E ratio of 7.71, a P/E/G ratio of 0.67 and a beta of 1.42. The company has a current ratio of 1.13, a quick ratio of 0.98 and a debt-to-equity ratio of 1.38. The company’s fifty day simple moving average is $49.70 and its 200-day simple moving average is $50.47.
General Motors announced that its Board of Directors has authorized a stock buyback plan on Wednesday, February 26th that permits the company to repurchase $6.00 billion in outstanding shares. This repurchase authorization permits the auto manufacturer to buy up to 12.5% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s management believes its stock is undervalued.
General Motors Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Friday, March 7th will be paid a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 1.01%. The ex-dividend date of this dividend is Friday, March 7th. General Motors’s dividend payout ratio is currently 7.80%.
Wall Street Analyst Weigh In
A number of research analysts have recently commented on GM shares. Morgan Stanley upgraded shares of General Motors from an “underweight” rating to an “equal weight” rating and upped their price target for the stock from $46.00 to $54.00 in a report on Tuesday, December 10th. UBS Group restated a “buy” rating on shares of General Motors in a report on Monday, February 3rd. Mizuho upped their price target on shares of General Motors from $59.00 to $62.00 and gave the stock an “outperform” rating in a report on Monday, December 9th. StockNews.com cut shares of General Motors from a “buy” rating to a “hold” rating in a report on Wednesday, February 5th. Finally, Hsbc Global Res cut shares of General Motors from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 11th. Three investment analysts have rated the stock with a sell rating, eight have given a hold rating and eleven have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $62.22.
Read Our Latest Stock Report on GM
Insider Activity at General Motors
In related news, Director Alfred F. Kelly, Jr. bought 12,000 shares of the stock in a transaction that occurred on Thursday, January 30th. The stock was bought at an average cost of $50.66 per share, for a total transaction of $607,920.00. Following the purchase, the director now directly owns 13,714 shares of the company’s stock, valued at approximately $694,751.24. This trade represents a 700.12 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.72% of the stock is currently owned by insiders.
Institutional Trading of General Motors
Institutional investors have recently modified their holdings of the company. Golden State Wealth Management LLC bought a new stake in shares of General Motors in the 4th quarter valued at about $25,000. Crews Bank & Trust bought a new stake in shares of General Motors in the 4th quarter valued at about $26,000. Measured Risk Portfolios Inc. bought a new stake in shares of General Motors in the 4th quarter valued at about $27,000. Compass Planning Associates Inc bought a new stake in shares of General Motors in the 4th quarter valued at about $27,000. Finally, Whittier Trust Co. raised its position in shares of General Motors by 551.9% in the 4th quarter. Whittier Trust Co. now owns 502 shares of the auto manufacturer’s stock valued at $27,000 after purchasing an additional 425 shares during the last quarter. 92.67% of the stock is currently owned by institutional investors.
About Representative Cisneros
Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.
Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.
General Motors Company Profile
General Motors Company designs, builds, and sells trucks, crossovers, cars, and automobile parts; and provide software-enabled services and subscriptions worldwide. The company operates through GM North America, GM International, Cruise, and GM Financial segments. It markets its vehicles primarily under the Buick, Cadillac, Chevrolet, GMC, Baojun, and Wuling brand names.
Featured Articles
- Five stocks we like better than General Motors
- 5 discounted opportunities for dividend growth investors
- These 4 Tech ETFs Just Hit 50-Day Lows—Time to Buy?
- The 3 Best Blue-Chip Stocks to Buy Now
- 3 Stocks to Buy While Others Stay on the Sidelines
- ETF Screener: Uses and Step-by-Step Guide
- MarketBeat Week in Review – 03/03 – 03/07
Receive News & Ratings for General Motors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for General Motors and related companies with MarketBeat.com's FREE daily email newsletter.