Key Points
- Insider sale: Julie Gruber sold 5,302 shares on April 17 at an average of $27.00 for a total of $143,154, leaving her with 58,414 shares (an 8.32% reduction); the trade was executed under a pre-arranged Rule 10b5-1 plan.
- Dividend increase: GAP raised its quarterly dividend to $0.175 (from $0.17), implying a $0.70 annualized payout and a ~2.6% yield, with an ex-dividend date of April 8 and payment on April 29.
- Recent results and guidance: GAP reported Q EPS of $0.45 (missed by $0.01) on $4.24B revenue (up 2.1% YoY) and issued FY2026 EPS guidance of 2.20–2.35, roughly in line with analyst expectations (~2.3 EPS).
The Gap, Inc. (NYSE:GAP - Get Free Report) insider Julie Gruber sold 5,302 shares of the company's stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $27.00, for a total transaction of $143,154.00. Following the completion of the sale, the insider directly owned 58,414 shares of the company's stock, valued at approximately $1,577,178. This represents a 8.32% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Julie Gruber also recently made the following trade(s):
- On Tuesday, March 17th, Julie Gruber sold 74,217 shares of GAP stock. The stock was sold at an average price of $23.85, for a total transaction of $1,770,075.45.
GAP Trading Up 1.0%
Shares of NYSE:GAP opened at $27.29 on Tuesday. The company has a 50 day moving average of $25.77 and a 200-day moving average of $25.45. The firm has a market cap of $9.97 billion, a P/E ratio of 12.69, a P/E/G ratio of 1.57 and a beta of 2.27. The Gap, Inc. has a twelve month low of $18.47 and a twelve month high of $29.36. The company has a current ratio of 1.75, a quick ratio of 1.08 and a debt-to-equity ratio of 0.39.
GAP (NYSE:GAP - Get Free Report) last issued its quarterly earnings results on Thursday, March 5th. The company reported $0.45 earnings per share for the quarter, missing analysts' consensus estimates of $0.46 by ($0.01). The company had revenue of $4.24 billion during the quarter, compared to analyst estimates of $4.24 billion. GAP had a return on equity of 22.98% and a net margin of 5.31%.The company's revenue was up 2.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.54 earnings per share. GAP has set its FY 2026 guidance at 2.200-2.350 EPS. As a group, analysts anticipate that The Gap, Inc. will post 2.3 earnings per share for the current fiscal 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 dividend of $0.175 per share. This is a boost from GAP's previous quarterly dividend of $0.17. This represents a $0.70 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Wednesday, April 8th. GAP's dividend payout ratio (DPR) is currently 32.56%.
Wall Street Analyst Weigh In
A number of equities research analysts have recently issued reports on GAP shares. Telsey Advisory Group boosted their target price on GAP from $32.00 to $34.00 and gave the stock an "outperform" rating in a research report on Monday, March 2nd. Citigroup boosted their target price on GAP from $25.00 to $27.00 and gave the stock a "neutral" rating in a research report on Friday, March 6th. Wall Street Zen lowered GAP from a "buy" rating to a "hold" rating in a research report on Saturday, March 7th. Argus raised GAP to a "strong-buy" rating in a research report on Thursday, January 22nd. Finally, Zacks Research lowered shares of GAP from a "strong-buy" rating to a "hold" rating in a report on Monday, February 2nd. Two 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 company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $30.62.
Get Our Latest Analysis on GAP
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of the business. Ameriprise Financial Inc. raised its position in GAP by 4.1% during the third quarter. Ameriprise Financial Inc. now owns 4,588,800 shares of the company's stock valued at $98,154,000 after buying an additional 180,991 shares during the period. Geode Capital Management LLC raised its position in GAP by 0.3% during the fourth quarter. Geode Capital Management LLC now owns 4,291,846 shares of the company's stock valued at $110,750,000 after buying an additional 14,141 shares during the period. LSV Asset Management raised its position in GAP by 3.6% during the fourth quarter. LSV Asset Management now owns 3,462,702 shares of the company's stock valued at $88,645,000 after buying an additional 121,001 shares during the period. Bank of New York Mellon Corp raised its position in GAP by 13.0% during the fourth quarter. Bank of New York Mellon Corp now owns 3,195,934 shares of the company's stock valued at $81,816,000 after buying an additional 368,191 shares during the period. Finally, Miller Howard Investments Inc. NY raised its position in GAP by 112.2% during the first quarter. Miller Howard Investments Inc. NY now owns 1,704,021 shares of the company's stock valued at $41,237,000 after buying an additional 900,855 shares during the period. 58.81% of the stock is owned by institutional investors and hedge funds.
GAP Company Profile
(
Get Free Report)
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.
See Also
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
