Insider Selling: GAP (NYSE:GAP) Insider Sells $1,770,075.45 in Stock

The Gap, Inc. (NYSE:GAP) insider Julie Gruber sold 74,217 shares of the company’s stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $23.85, for a total value of $1,770,075.45. Following the completion of the sale, the insider owned 53,970 shares of the company’s stock, valued at $1,287,184.50. This trade represents a 57.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

GAP Stock Performance

Shares of NYSE GAP opened at $23.90 on Friday. The Gap, Inc. has a 1 year low of $16.99 and a 1 year high of $29.36. The firm has a market cap of $8.90 billion, a P/E ratio of 11.11, a PEG ratio of 1.39 and a beta of 2.29. The stock has a fifty day moving average price of $26.69 and a two-hundred day moving average price of $25.06. 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) last posted its quarterly earnings data on Thursday, March 5th. The company reported $0.45 EPS for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.01). GAP had a return on equity of 22.98% and a net margin of 5.31%.The firm had revenue of $4.24 billion during the quarter, compared to the consensus estimate of $4.24 billion. During the same period in the prior year, the firm posted $0.54 EPS. The firm’s quarterly revenue was up 2.1% on a year-over-year basis. GAP has set its FY 2026 guidance at 2.200-2.350 EPS. Research analysts forecast that The Gap, Inc. will post 2.02 EPS for the current fiscal year.

GAP Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 29th. Shareholders of record on Wednesday, April 8th will be given a $0.175 dividend. This represents a $0.70 annualized dividend and a yield of 2.9%. This is a boost from GAP’s previous quarterly dividend of $0.17. The ex-dividend date is Wednesday, April 8th. GAP’s dividend payout ratio (DPR) is presently 30.70%.

Institutional Trading of GAP

Several institutional investors and hedge funds have recently added to or reduced their stakes in GAP. Public Employees Retirement System of Ohio lifted its position in GAP by 2.7% during the 4th quarter. Public Employees Retirement System of Ohio now owns 73,812 shares of the company’s stock valued at $1,890,000 after purchasing an additional 1,945 shares during the period. Russell Investments Group Ltd. grew its position in shares of GAP by 94.8% during the 4th quarter. Russell Investments Group Ltd. now owns 72,239 shares of the company’s stock worth $1,849,000 after buying an additional 35,146 shares during the period. Captrust Financial Advisors grew its position in shares of GAP by 34.4% during the 4th quarter. Captrust Financial Advisors now owns 61,792 shares of the company’s stock worth $1,582,000 after buying an additional 15,816 shares during the period. Entropy Technologies LP raised its stake in shares of GAP by 53.9% during the fourth quarter. Entropy Technologies LP now owns 110,218 shares of the company’s stock worth $2,822,000 after buying an additional 38,588 shares during the last quarter. Finally, Atlas Capital Advisors Inc. acquired a new position in GAP in the fourth quarter valued at approximately $203,000. 58.81% of the stock is owned by institutional investors.

Analysts Set New Price Targets

GAP has been the topic of several recent research reports. BTIG Research lifted their price objective on shares of GAP from $30.00 to $31.00 and gave the stock a “buy” rating in a research note on Friday, November 21st. JPMorgan Chase & Co. raised their target price on shares of GAP from $33.00 to $35.00 and gave the stock an “overweight” rating in a report on Friday. Wells Fargo & Company set a $30.00 price target on shares of GAP and gave the stock an “overweight” rating in a research report on Tuesday, December 16th. Zacks Research cut GAP from a “strong-buy” rating to a “hold” rating in a report on Monday, February 2nd. Finally, Citigroup raised their price objective on GAP from $25.00 to $27.00 and gave the stock a “neutral” rating in a research note on Friday, March 6th. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $30.62.

GAP Company Profile

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.