Andra AP fonden recently reduced its stake in The Goldman Sachs Group, Inc. (NYSE:GS) by 16.6% in the third quarter, bringing its total holdings to 37,697 shares valued at $30.02 million. Other institutional investors similarly adjusted their positions, while company insiders, including CEO David M. Solomon, engaged in significant stock sales. Despite positive sentiment from recent earnings, analyst coverage, and macro calls, concerns regarding negative Q4 operating cash flow and heavy insider selling are noted.
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Andra AP fonden Has $30.02 Million Stock Holdings in The Goldman Sachs Group, Inc. $GS
Andra AP fonden recently reduced its stake in The Goldman Sachs Group, Inc. (NYSE:GS) by 16.6% in the third quarter, bringing its total holdings to 37,697 shares valued at $30.02 million. Other institutional investors similarly adjusted their positions, while company insiders, including CEO David M. Solomon, engaged in significant stock sales. Despite positive sentiment from recent earnings, analyst coverage, and macro calls, concerns regarding negative Q4 operating cash flow and heavy insider selling are noted.