Amanda Thompson Sells 25,000 Shares of GAP (NYSE:GAP) Stock

The Gap, Inc. (NYSE:GAP) insider Amanda Thompson sold 25,000 shares of the firm’s stock in a transaction that occurred on Monday, April 6th. The stock was sold at an average price of $25.14, for a total transaction of $628,500.00. Following the sale, the insider owned 86,228 shares in the company, valued at approximately $2,167,771.92. This trade represents a 22.48% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

GAP Stock Up 2.8%

Shares of NYSE GAP opened at $25.42 on Thursday. The Gap, Inc. has a 1 year low of $17.08 and a 1 year high of $29.36. The firm’s 50 day moving average price is $26.12 and its 200 day moving average price is $25.20. The firm has a market cap of $9.29 billion, a P/E ratio of 11.82, a price-to-earnings-growth ratio of 1.43 and a beta of 2.27. 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 announced 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). GAP had a return on equity of 22.98% and a net margin of 5.31%.The firm had revenue of $4.24 billion for the quarter, compared to analyst estimates of $4.24 billion. During the same quarter last year, the business posted $0.54 EPS. The firm’s revenue was up 2.1% compared to the same quarter last year. GAP has set its FY 2026 guidance at 2.200-2.350 EPS. As a group, sell-side analysts anticipate that The Gap, Inc. will post 2.02 earnings per share for the current year.

GAP Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 29th. Shareholders of record on Wednesday, April 8th will be issued a $0.175 dividend. This is a boost from GAP’s previous quarterly dividend of $0.17. The ex-dividend date is Wednesday, April 8th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 2.8%. GAP’s dividend payout ratio (DPR) is 30.70%.

Hedge Funds Weigh In On GAP

A number of hedge funds have recently made changes to their positions in the business. Public Employees Retirement System of Ohio raised its stake in shares of GAP by 0.6% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 71,867 shares of the company’s stock valued at $1,537,000 after acquiring an additional 447 shares during the period. Oregon Public Employees Retirement Fund increased its stake in GAP by 1.3% during the 3rd quarter. Oregon Public Employees Retirement Fund now owns 45,799 shares of the company’s stock worth $980,000 after buying an additional 600 shares during the period. Cullen Frost Bankers Inc. purchased a new stake in GAP during the 4th quarter worth $26,000. Plato Investment Management Ltd purchased a new stake in GAP during the 4th quarter worth $28,000. Finally, V Square Quantitative Management LLC purchased a new stake in GAP during the 4th quarter worth $31,000. Hedge funds and other institutional investors own 58.81% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on GAP. UBS Group upgraded shares of GAP from a “neutral” rating to a “buy” rating and lifted their price target for the company from $26.00 to $41.00 in a report on Wednesday, January 7th. Argus upgraded shares of GAP to a “strong-buy” rating in a report on Thursday, January 22nd. Weiss Ratings upgraded shares of GAP from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, March 25th. Telsey Advisory Group lifted their price target on shares of GAP from $32.00 to $34.00 and gave the company an “outperform” rating in a report on Monday, March 2nd. Finally, Citigroup lifted their price target on shares of GAP from $25.00 to $27.00 and gave the company a “neutral” rating in a report on Friday, March 6th. Two research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $30.62.

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.