What Does the Market Think of General Motors Company (GM) Shares?

General Motors Company stock is trading -37.36% below its average target price of $49.4 after dropping -1.7% during today's afternoon session. Analysts are giving the large-cap Auto Manufacturers company an average rating of buy and target prices ranging from $29.0 to $90.0 per share.

The stock has an average amount of shares sold short at 2.4%, and a short ratio of 2.95. The company's insiders own 0.2% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that a significant number of institutional investors are invested in the stock, with 83.9% of General Motors Company's shares being owned by this investor type.

Institutions Invested in General Motors Company

Date Reported Holder Percentage Shares Value
2023-06-30 Blackrock Inc. 10% 131,649,042 $4,073,761,045
2023-06-30 Vanguard Group Inc 8% 109,880,075 $3,400,139,965
2023-06-30 State Street Corporation 4% 58,732,016 $1,817,409,342
2023-06-30 Capital World Investors 4% 50,797,231 $1,571,874,566
2023-06-30 Harris Associates L.P. 3% 38,534,984 $1,192,430,376
2023-06-30 Capital Research Global Investors 3% 35,945,127 $1,112,289,583
2023-06-30 Capital International Investors 2% 26,669,589 $825,266,413
2023-06-30 Geode Capital Management, LLC 2% 25,308,907 $783,161,334
2023-06-30 Arrowstreet Capital, Limited Partnership 2% 25,115,027 $777,161,892
2023-06-30 Bank of America Corporation 2% 25,179,488 $779,156,580

Besides an analyst consensus of strong upside potential, other market factors point to there being mixed market sentiment on General Motors Company.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.