Goldman Sachs director Kevin Johnson acquires over $1.48 million in stock

In a caller transaction, Kevin R. Johnson, a manager astatine Goldman Sachs Group Inc. (NYSE:), acquired 2,400 shares of the company's communal stock. The shares were purchased astatine a terms of $619.02 each, amounting to a full concern of astir $1,485,648. This acquisition was made connected January 17, 2025, and was held done a trust, with Johnson and his spouse arsenic the sole beneficiaries. The timing appears favorable arsenic Goldman Sachs banal has shown beardown momentum, gaining 9.5% successful the past week and presently trading adjacent its 52-week precocious of $627.

Additionally, Johnson received 630 Restricted Stock Units (RSUs) arsenic portion of his 2024 yearly assistance for his work connected Goldman Sachs' Board of Directors. These RSUs, which were granted connected January 16, 2025, volition person to communal banal astir 90 days aft Johnson's status from the board. Following these transactions, Johnson present straight owns 2,462 shares of Goldman Sachs communal stock. According to InvestingPro analysis, Goldman Sachs, with a marketplace headdress of $214.7 billion, presently offers a dividend output of 1.92% and shows promising valuation metrics. For deeper insights into Goldman Sachs' valuation and 17+ further ProTips, research the broad Pro Research Report disposable connected InvestingPro.

In different caller news, Goldman Sachs has seen a flurry of enactment with important promotions and compensation adjustments. The steadfast announced the assignment of caller co-heads for its concern banking and leaders for its fixed income, currencies, and commodities (FICC) radical and equities. The recently promoted executives volition besides articulation Goldman Sachs' absorption committee, marking a large displacement towards a caller enactment generation.

In presumption of compensation, Goldman Sachs raised CEO David Solomon's yearly compensation to $39 cardinal for 2024, an summation from $31 cardinal successful 2023. The Board besides approved the assistance of 130,508 restricted banal units (Retention RSUs) for some Solomon and John Waldron, the President and Chief Operating Officer (COO). This determination aims to guarantee stableness and continuity successful the firm's enactment implicit the adjacent 5 years.

The steadfast besides granted important retention restricted banal units (RSUs) to its apical executives, valued astatine $80 million. These RSUs are designed to align the interests of Solomon and Waldron with semipermanent shareholder worth creation. The steadfast besides introduced a Long Term Executive Carried Interest Incentive Program (CIP), aiming to align elder executives' incentives with semipermanent shareholder interests and heighten competitory endowment retention.

Analysts from Oppenheimer and Keefe, Bruyette & Woods (KBW) maintained an Outperform standing for the company, portion Jefferies upheld a Buy rating. Goldman Sachs reported net per stock (EPS) of $11.95, surpassing some Oppenheimer's and the statement estimates. The company's coagulated trading show and important $1.5 cardinal gross bushed were cardinal contributors to these caller developments.

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