Mary T. Barra, Chair and Chief Executive Officer of General Motors Co (NASDAQ:GM), reported the sale of company common stock totaling approximately $8.45 million on June 16, 2026. The transactions involved the disposal of 99,239 shares.
The sales were executed at a weighted average price of $85.10 per share, with individual transactions occurring within a price range of $85.00 to $85.34.
Concurrently with the sales, Ms. Barra also acquired 99,239 shares of General Motors common stock through the exercise of employee stock options. These acquisitions were made at prices ranging from $41.40 to $52.16 per share, totaling approximately $4.88 million. The options exercised were fully vested and had been granted on various dates between 2021 and 2023.
Following these transactions, Ms. Barra directly holds 592,242 shares of General Motors common stock.The transaction comes as GM stock has delivered a strong 66% return over the past year, though shares currently trade above the company’s InvestingPro Fair Value, suggesting the stock may be overvalued at current levels. InvestingPro offers 10 additional exclusive tips for GM investors seeking deeper insights into the automaker’s prospects.
In other recent news, General Motors announced a strategic partnership with Peak Energy to develop sodium-ion battery cells for grid storage applications. This agreement includes a strategic investment from GM Ventures, with General Motors retaining exclusive manufacturing rights for the new battery technology. Additionally, UBS reiterated a Buy rating on General Motors, setting a price target of $102.00, following this venture into battery energy storage systems. The company is focusing on expanding its energy business, which RBC Capital highlighted as underappreciated compared to its competitors.
Furthermore, General Motors Defense LLC secured a $142.9 million contract from the U.S. Department of War for infantry squad vehicles and winch kits, bringing the total contract value to $623.8 million. This contract was awarded after three bids were submitted via the internet. RBC Capital also reiterated an Outperform rating on General Motors, emphasizing the potential of its energy business.
These developments indicate a strategic push by General Motors into energy and defense sectors, with significant investments and partnerships. As the company continues to expand its ventures, analysts from RBC Capital and UBS maintain positive ratings on its stock, reflecting confidence in its future growth prospects.
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