Reviewing the Insider Trends for General Electric Company (GE)

Yasuyoshi ChibaAFP  Getty Images

Yasuyoshi ChibaAFP Getty Images

From the start of 2016 through October 2017, a Goldman Sachs-curated basket of stocks spending the most on capex and research and development beat a similarly constructed index of companies offering high dividends and buybacks by a whopping 21 percentage points, according to the company's data. "But the company is under enormous pressure to restore investor confidence shaken by a serious cash crunch". Flaharty Asset Management LLC acquired a new position in General Electric during the 1st quarter worth approximately $226,000. Hollencrest Securities LLC increased its position in General Electric by 5.5% in the third quarter.

Barry Investment Advisors Llc holds 4.25% of its portfolio in Omega Healthcare Investors Inc for 341,536 shares. Puplava Financial Services Inc. raised its position in General Electric by 0.4% in the 2nd quarter. About 42.76 million shares traded. Eagle Ridge Investment Management lifted its holdings in General Electric by 18.1% during the second quarter. Peak Financial Management Inc. now owns 9,284 shares of the conglomerate's stock valued at $251,000 after purchasing an additional 25 shares during the last quarter. It also reduced its holding in Lyondellbasell Industries N (NYSE:LYB) by 190,595 shares in the quarter, leaving it with 8,099 shares, and cut its stake in Nxp Semiconductors N V (NASDAQ:NXPI).

A number of equities research analysts have recently issued reports on GE shares. The stock of General Electric Company (NYSE:GE) has "Buy" rating given on Monday, October 23 by RBC Capital Markets.

Analysts await General Electric Company (NYSE:GE) to report earnings on January, 19. Stifel Nicolaus cut General Electric from a "buy" rating to a "hold" rating and dropped their price objective for the stock from $26.00 to $22.00 in a research note on Tuesday, October 24th. JPMorgan Chase & Co. reissued an "underweight" rating on shares of General Electric in a report on Tuesday, November 15th.

Among 24 analysts covering General Electric Company (NYSE:GE), 10 have Buy rating, 5 Sell and 9 Hold. The stock's average target of $52 is -33.63% below today's ($78.35) share price. General Electric Co. The company's 50-day moving average is $30.61 and its 200 day moving average is $30.59. Citizens And Northern reported 1.87% of its portfolio in General Electric Company (NYSE:GE). It is positive, as 20 investors sold Portland General Electric Company shares while 75 reduced holdings.

General Electric (NYSE:GE) last posted its quarterly earnings data on Friday, October 20th. The conglomerate reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by ($0.20). The business's revenue for the quarter was up 11.5% compared to the same quarter past year. General Electric had a return on equity of 16.08% and a net margin of 8.93%. General Electric's revenue was up 11.5% on a year-over-year basis. They expect $0.78 EPS, down 11.36% or $0.10 from last year's $0.88 per share. Its shares have declined almost 40 percent year to date through Monday versus the S&P 500's 15.5 percent return. When benchmark lending rates rise, it makes the yield offered by dividend payers less attractive.

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Firsthand Capital Management Inc increased its stake in Quicklogic (QUIK) by 98.08% based on its latest 2017Q2 regulatory filing with the SEC.

In related news, Director James S. Tisch acquired 100,000 shares of General Electric stock in a transaction dated Tuesday, August 22nd. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

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