General Motors Co (GM) Files Form 4 Insider Selling : James B. Deluca Sells 10,374 Shares

General Motors Co (GM): James B. Deluca , Executive Vice President of General Motors Co sold 10,374 shares on May 27, 2016. The Insider selling transaction was reported by the company on Jun 1, 2016 to the Securities and Exchange Commission. The shares were sold at $31.48 per share for a total value of $326,573.53 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Feb 19, 2016, Karl-thomas Neumann (Executive Vice President) sold 1,379 shares at $27.23 per share price.On Dec 3, 2015, Daniel Ammann (President) sold 25,000 shares at $36.06 per share price.Also, On Nov 24, 2015, James B. Deluca (Executive Vice President) sold 10,153 shares at $36.10 per share price.On Nov 4, 2015, Thomas S Timko (Vice President & Controller) sold 20,535 shares at $35.65 per share price.

Shares of General Motors Company (GM) ended Wednesday, Jun 1, 2016 session in red amid volatile trading. The shares closed down -1.06 points or -3.39% at $30.22 with 2,60,02,285 shares getting traded. Post opening the session at $31.15, the shares hit an intraday low of $29.87 and an intraday high of $31.15 and the price vacillated in this range throughout the day. The company has a market cap of $46,534 M and the number of outstanding shares has been calculated to be 1,53,98,25,400 shares. The 52-week high of General Motors Company is $36.88 and the 52-week low is $24.62.

General Motors Company Money Flow Index Chart

On Apr 20, 2016, General Motors Company announced a cash dividend of $0.3800. The company’s management has announced Jun 8, 2016 as the ex-dividend date and fixed the record date on Jun 10, 2016. The payable date has been fixed on Jun 23, 2016.

Company has been under the radar of several Street Analysts.General Motors Company is Upgraded by Morgan Stanley to Equal-Weight and the brokerage firm has raised the Price Target to $ 29 from a previous price target of $28 .Earlier the firm had a rating of Underweight on the company shares. The Rating was issued on May 6, 2016.General Motors Company is Reiterated by RBC Capital Mkts to Sector Perform and the brokerage firm has raised the Price Target to $ 34 from a previous price target of $30 .The Rating was issued on Apr 22, 2016.

General Motors Company (General Motors) designs builds and sells cars trucks and automobile parts across the world. The Company also provides automotive financing services through General Motors Financial Company Inc. (GM Financial). The Company’s four automotive segments include GM North America (GMNA) GM Europe (GME) GM International Operations (GMIO) and GM South America (GMSA). The Company also sells cars and trucks to fleet customers including daily rental car companies commercial fleet customers leasing companies and governments. The Company offers 13 FlexFuel vehicles in the United States for the 2015 model year plus an additional four models to fleet and commercial customers capable of operating on gasoline E85 ethanol or any combination of the two.

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