General Motors (NYSE:GM) Shares Unloaded Rep. Gilbert Ray Cisneros, Jr.

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 Price Performance

Shares of General Motors stock traded up $0.19 during midday trading on Friday, hitting $47.39. 13,822,155 shares of the company traded hands, compared to its average volume of 11,861,842. The stock has a market cap of $47.16 billion, a price-to-earnings ratio of 7.71, a PEG ratio of 0.67 and a beta of 1.42. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.98 and a current ratio of 1.13. The firm's fifty day moving average price is $49.70 and its 200-day moving average price is $50.47. General Motors has a 12 month low of $38.94 and a 12 month high of $61.24.

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General Motors (NYSE:GM - Get Free Report) TSE: GMM.U last announced its quarterly earnings results on Tuesday, January 28th. The auto manufacturer reported $1.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.75 by $0.17. General Motors had a net margin of 3.21% and a return on equity of 15.29%. As a group, sell-side analysts forecast that General Motors will post 11.44 earnings per share for the current year.

General Motors Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Friday, March 7th will be paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 1.01%. The ex-dividend date is Friday, March 7th. General Motors's payout ratio is 7.80%.

General Motors announced that its board has authorized a share repurchase plan on Wednesday, February 26th that authorizes the company to repurchase $6.00 billion in outstanding shares. This repurchase authorization authorizes the auto manufacturer to repurchase up to 12.5% of its stock through open market purchases. Stock repurchase plans are often an indication that the company's management believes its stock is undervalued.

Insider Buying and Selling

In related news, Director Alfred F. Kelly, Jr. purchased 12,000 shares of the stock in a transaction that occurred on Thursday, January 30th. The stock was acquired at an average cost of $50.66 per share, with a total value of $607,920.00. Following the transaction, the director now owns 13,714 shares of the company's stock, valued at $694,751.24. This represents a 700.12 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.72% of the stock is currently owned by company insiders.

Analyst Ratings Changes

GM has been the topic of several research reports. Morgan Stanley upgraded General Motors from an "underweight" rating to an "equal weight" rating and boosted their price target for the stock from $46.00 to $54.00 in a report on Tuesday, December 10th. Hsbc Global Res lowered shares of General Motors from a "strong-buy" rating to a "hold" rating in a report on Wednesday, December 11th. Mizuho raised their price target on shares of General Motors from $59.00 to $62.00 and gave the company an "outperform" rating in a research note on Monday, December 9th. Wells Fargo & Company reissued an "underweight" rating on shares of General Motors in a research note on Monday, February 3rd. Finally, Deutsche Bank Aktiengesellschaft raised General Motors from a "hold" rating to a "buy" rating and raised their target price for the stock from $56.00 to $60.00 in a research report on Tuesday, January 21st. Three research analysts have rated the stock with a sell rating, eight have given a hold rating and eleven have given a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $62.22.

Institutional Trading of General Motors

Several large investors have recently made changes to their positions in GM. Farther Finance Advisors LLC raised its position in shares of General Motors by 20.4% during the third quarter. Farther Finance Advisors LLC now owns 6,021 shares of the auto manufacturer's stock worth $270,000 after purchasing an additional 1,019 shares during the period. Van ECK Associates Corp increased its stake in General Motors by 6.0% during the 3rd quarter. Van ECK Associates Corp now owns 35,384 shares of the auto manufacturer's stock valued at $1,587,000 after purchasing an additional 2,015 shares in the last quarter. Catalyst Capital Advisors LLC acquired a new position in General Motors during the third quarter worth $27,000. Catalina Capital Group LLC lifted its stake in shares of General Motors by 20.8% in the third quarter. Catalina Capital Group LLC now owns 7,202 shares of the auto manufacturer's stock valued at $323,000 after buying an additional 1,239 shares in the last quarter. Finally, Foster & Motley Inc. increased its position in shares of General Motors by 121.5% during the third quarter. Foster & Motley Inc. now owns 47,169 shares of the auto manufacturer's stock worth $2,115,000 after acquiring an additional 25,869 shares in the last quarter. 92.67% of the stock is currently owned by institutional investors and hedge funds.

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.