Goldman Sachs Group Inc (GS)

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The Goldman Sachs Group Target of Unusually High Options Trading (GS)
By: MarketBeat | May 28, 2021

The Goldman Sachs Group, Inc. (NYSE:GS) was the recipient of unusually large options trading activity on Thursday. Traders purchased 134,329 call options on the stock. This represents an increase of approximately 881% compared to the typical volume of 13,695 call options.

Hedge funds have recently bought and sold shares of the business. Price T Rowe Associates Inc. MD grew its holdings in shares of The Goldman Sachs Group by 61.4% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 13,440,527 shares of the investment management company's stock worth $3,544,390,000 after purchasing an additional 5,115,450 shares during the last quarter. Norges Bank bought a new position in shares of The Goldman Sachs Group in the fourth quarter worth approximately $451,166,000. Cibc World Markets Corp grew its holdings in shares of The Goldman Sachs Group by 824.2% in the fourth quarter. Cibc World Markets Corp now owns 1,669,368 shares of the investment management company's stock worth $440,229,000 after purchasing an additional 1,488,745 shares during the last quarter. Jennison Associates LLC grew its holdings in shares of The Goldman Sachs Group by 211.2% in the first quarter. Jennison Associates LLC now owns 2,049,055 shares of the investment management company's stock worth $670,041,000 after purchasing an additional 1,390,627 shares during the last quarter. Finally, Boston Partners boosted its holdings in The Goldman Sachs Group by 148.4% in the fourth quarter. Boston Partners now owns 1,576,561 shares of the investment management company's stock valued at $415,755,000 after acquiring an additional 941,896 shares in the last quarter. 71.29% of the stock is currently owned by hedge funds and other institutional investors.

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