Sarah Gilligan Sells 69,912 Shares of GAP (NYSE:GAP) Stock

The Gap, Inc. (NYSE:GAP) insider Sarah Gilligan sold 69,912 shares of the business’s stock in a transaction that occurred on Monday, March 23rd. The shares were sold at an average price of $25.00, for a total value of $1,747,800.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

GAP Stock Up 0.5%

Shares of GAP stock opened at $25.06 on Friday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.08 and a current ratio of 1.75. The Gap, Inc. has a 52-week low of $16.99 and a 52-week high of $29.36. The company’s 50 day moving average price is $26.51 and its 200-day moving average price is $25.11. The stock has a market capitalization of $9.33 billion, a price-to-earnings ratio of 11.65, a P/E/G ratio of 1.44 and a beta of 2.29.

GAP (NYSE:GAP) last posted its quarterly earnings results on Thursday, March 5th. The company reported $0.45 EPS for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.01). The firm had revenue of $4.24 billion for the quarter, compared to the consensus estimate of $4.24 billion. GAP had a net margin of 5.31% and a return on equity of 22.98%. The company’s quarterly revenue was up 2.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.54 earnings per share. GAP has set its FY 2026 guidance at 2.200-2.350 EPS. Equities research analysts forecast that The Gap, Inc. will post 2.02 EPS for the current year.

GAP Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 29th. Investors of record on Wednesday, April 8th will be paid a $0.175 dividend. The ex-dividend date of this dividend is Wednesday, April 8th. This is a boost from GAP’s previous quarterly dividend of $0.17. This represents a $0.70 annualized dividend and a dividend yield of 2.8%. GAP’s payout ratio is 30.70%.

Analyst Upgrades and Downgrades

A number of research firms have commented on GAP. Barclays reaffirmed an “overweight” rating on shares of GAP in a research report on Tuesday, January 6th. UBS Group upgraded GAP from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $26.00 to $41.00 in a research report on Wednesday, January 7th. Guggenheim started coverage on GAP in a research note on Tuesday, December 9th. They set a “neutral” rating on the stock. Wall Street Zen downgraded GAP from a “buy” rating to a “hold” rating in a report on Saturday, March 7th. Finally, Zacks Research lowered GAP from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 2nd. Two research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $30.62.

Institutional Trading of GAP

Several large investors have recently bought and sold shares of the company. Cullen Frost Bankers Inc. purchased a new position in shares of GAP during the 4th quarter worth approximately $26,000. Root Financial Partners LLC purchased a new position in shares of GAP in the 3rd quarter valued at approximately $27,000. Plato Investment Management Ltd bought a new stake in shares of GAP during the fourth quarter valued at approximately $28,000. V Square Quantitative Management LLC bought a new stake in shares of GAP during the fourth quarter valued at approximately $31,000. Finally, Cornerstone Planning Group LLC purchased a new stake in GAP in the third quarter worth $35,000. 58.81% of the stock is owned by 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.