GCM Grosvenor (GCMG) News Today

Ariel Investments LLC boosted its stake in GCM Grosvenor Inc. (NASDAQ:GCMG - Free Report) by 1.5% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,546,096 shares of the company's stock af

GCM Grosvenor (NASDAQ:GCMG) Reaches New 1-Year High at $11.54

Massachusetts Financial Services Co. MA cut its holdings in shares of GCM Grosvenor Inc. (NASDAQ:GCMG - Free Report) by 26.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,398,923 sha

GCM Grosvenor (NASDAQ:GCMG) Reaches New 12-Month High at $11.50

GCM Grosvenor Inc. (NASDAQ:GCMG - Get Free Report) insider Kathleen Patricia Sullivan sold 5,000 shares of the stock in a transaction that occurred on Monday, September 9th. The stock was sold at an average price of $10.73, for a total transaction of $53,650.00. Following the transaction, the insider now owns 47,307 shares in the company, valued at approximately $507,604.11. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

GCM Grosvenor (NASDAQ:GCMG) Sees Unusually-High Trading Volume

GCM Grosvenor Inc. (NASDAQ:GCMG - Get Free Report) was the target of a large growth in short interest in July. As of July 31st, there was short interest totalling 3,050,000 shares, a growth of 15.5% from the July 15th total of 2,640,000 shares. Based on an average daily volume of 187,100 shares, the days-to-cover ratio is currently 16.3 days. Currently, 7.1% of the company's stock are sold short.

GCM Grosvenor Inc. (NASDAQ:GCMG) declared a quarterly dividend on Wednesday, August 14th. Shareholders of record on Tuesday, September 3rd will be paid a dividend of 0.11 per share on Tuesday, September 17th. This represents a $0.44 annualized dividend and a yield of 4.10%. The ex-dividend date is Tuesday, September 3rd.

TD Cowen increased their price target on shares of GCM Grosvenor from $12.00 to $14.00 and gave the stock a "buy" rating in a report on Friday.

Oppenheimer decreased their price target on shares of GCM Grosvenor from $15.00 to $14.00 and set an "outperform" rating on the stock in a report on Friday.

GCM Grosvenor (NASDAQ:GCMG) Shares Gap Up to $11.04

GCM Grosvenor (NASDAQ:GCMG) Sets New 12-Month High at $11.08

Russell Investments Group Ltd. raised its position in GCM Grosvenor Inc. (NASDAQ:GCMG - Free Report) by 23.7% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 681,202 shares of the company's stock afte

Dearborn Partners LLC decreased its stake in GCM Grosvenor Inc. (NASDAQ:GCMG - Free Report) by 68.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 23,851 shares of the company's stock after selling 51,953 shares duri

GCM Grosvenor (NASDAQ:GCMG) Sees Unusually-High Trading Volume

GCM Grosvenor (NASDAQ:GCMG) Sets New 1-Year High at $10.22

GSA Capital Partners LLP acquired a new stake in GCM Grosvenor Inc. (NASDAQ:GCMG - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 90,407 shares of the company's stock, valued at approximately $873,000. Se

GCM Grosvenor Inc. (NASDAQ:GCMG - Free Report) - Research analysts at William Blair lowered their Q2 2024 earnings estimates for shares of GCM Grosvenor in a report released on Wednesday, July 10th. William Blair analyst A. Klauber now anticipates that the company will post earnings per share of

Wasatch Advisors LP raised its holdings in shares of GCM Grosvenor Inc. (NASDAQ:GCMG - Free Report) by 111.5% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,342,156 shares of the company's s

GCM Grosvenor Inc. (NASDAQ:GCMG - Get Free Report) was the target of a significant decrease in short interest in June. As of June 15th, there was short interest totalling 2,480,000 shares, a decrease of 5.3% from the May 31st total of 2,620,000 shares. Currently, 5.8% of the company's stock are sold short. Based on an average daily volume of 153,200 shares, the days-to-cover ratio is presently 16.2 days.

GCM Grosvenor Inc. (NASDAQ:GCMG - Get Free Report) was the target of a significant increase in short interest in the month of May. As of May 31st, there was short interest totalling 2,620,000 shares, an increase of 6.9% from the May 15th total of 2,450,000 shares. Based on an average daily volume of 167,800 shares, the days-to-cover ratio is presently 15.6 days. Approximately 6.1% of the shares of the stock are short sold.

GCM Grosvenor (NASDAQ:GCMG) Trading Up 1.8%

Piper Sandler lifted their target price on shares of GCM Grosvenor from $10.00 to $10.50 and gave the company a "neutral" rating in a research note on Monday.

Russell Investments Group Ltd. grew its stake in GCM Grosvenor Inc. (NASDAQ:GCMG - Free Report) by 65.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 550,655 shares of the company's stock after purchasing an a

GCM Grosvenor Inc. (NASDAQ:GCMG) announced a quarterly dividend on Friday, May 10th. Stockholders of record on Monday, June 3rd will be given a dividend of 0.11 per share on Monday, June 17th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 4.58%. The ex-dividend date of this dividend is Monday, June 3rd.