The Gap, Inc. (NYSE:GAP – Get Free Report) insider Amanda Thompson sold 25,000 shares of the firm’s stock in a transaction on Monday, April 6th. The stock was sold at an average price of $25.14, for a total value of $628,500.00. Following the transaction, the insider owned 86,228 shares of the company’s stock, valued at approximately $2,167,771.92. This represents a 22.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
GAP Trading Down 2.5%
Shares of GAP traded down $0.63 during midday trading on Tuesday, hitting $24.72. 8,628,427 shares of the stock were exchanged, compared to its average volume of 8,219,479. The firm has a market cap of $9.03 billion, a P/E ratio of 11.50, a P/E/G ratio of 1.43 and a beta of 2.27. The stock has a fifty day simple moving average of $26.19 and a 200 day simple moving average of $25.18. The Gap, Inc. has a 52-week low of $17.08 and a 52-week high of $29.36. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.08 and a current ratio of 1.75.
GAP (NYSE:GAP – Get Free Report) last released its earnings results on Thursday, March 5th. The company reported $0.45 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.01). The company had revenue of $4.24 billion during the quarter, compared to analysts’ expectations of $4.24 billion. GAP had a net margin of 5.31% and a return on equity of 22.98%. The company’s revenue for the quarter was up 2.1% on a year-over-year basis. During the same quarter last year, the business posted $0.54 earnings per share. GAP has set its FY 2026 guidance at 2.200-2.350 EPS. On average, research analysts anticipate that The Gap, Inc. will post 2.02 EPS for the current fiscal year.
GAP Increases Dividend
Analyst Ratings Changes
A number of analysts have issued reports on the company. JPMorgan Chase & Co. lifted their price target on GAP from $33.00 to $35.00 and gave the stock an “overweight” rating in a report on Friday, March 20th. Guggenheim assumed coverage on GAP in a report on Tuesday, December 9th. They set a “neutral” rating for the company. Weiss Ratings raised GAP from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, March 25th. Zacks Research downgraded GAP from a “strong-buy” rating to a “hold” rating in a report on Monday, February 2nd. Finally, Wells Fargo & Company set a $30.00 price target on GAP and gave the stock an “overweight” rating in a report on Tuesday, December 16th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $30.62.
Institutional Trading of GAP
Institutional investors and hedge funds have recently made changes to their positions in the company. Cullen Frost Bankers Inc. purchased a new stake in GAP during the 4th quarter valued at approximately $26,000. Root Financial Partners LLC purchased a new stake in GAP during the 3rd quarter valued at approximately $27,000. Plato Investment Management Ltd purchased a new stake in GAP during the 4th quarter valued at approximately $28,000. V Square Quantitative Management LLC purchased a new stake in GAP during the 4th quarter valued at approximately $31,000. Finally, Cornerstone Planning Group LLC purchased a new stake in GAP during the 3rd quarter valued at approximately $35,000. 58.81% of the stock is owned by hedge funds and other institutional investors.
About GAP
Gap Inc is a global specialty retailer renowned for its portfolio of apparel and accessories brands, including Gap, Banana Republic, Old Navy and Athleta. The company designs, sources and markets clothing across a broad price range and style spectrum, catering to men, women and children. Its offerings extend from everyday wardrobe essentials such as denim, tees and outerwear to performance and lifestyle pieces, reflecting each brand’s distinct identity and price point.
Founded in San Francisco in 1969 by Donald and Doris Fisher, Gap Inc has grown into one of the world’s largest apparel companies.
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