Key Points
- Director William Sydney Fisher sold 433,656 GAP shares on October 5 at an average price of $23.35, generating approximately $10.1 million. He retained 15.9 million shares valued at about $371.3 million.
- Fisher also sold 500,000 shares on October 6 and 66,344 shares on September 30, bringing his recent total sales to 1 million shares for roughly $23.6 million.
- GAP reported quarterly EPS of $0.52, beating estimates, while revenue fell 2% year over year to $3.65 billion. The company pays a quarterly dividend of $0.175, equivalent to a 3.0% yield, and analysts maintain a consensus “Hold” rating with a $27.07 price target.
The Gap, Inc. (NYSE:GAP - Get Free Report) insider Julie Gruber sold 27,538 shares of the company's stock in a transaction that occurred on Tuesday, October 6th. The stock was sold at an average price of $23.56, for a total value of $648,795.28. Following the sale, the insider directly owned 30,876 shares of the company's stock, valued at $727,438.56. The trade was a 47.14% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
GAP Trading Down 0.6%
NYSE:GAP opened at $23.65 on Thursday. The Gap, Inc. has a 12 month low of $18.11 and a 12 month high of $29.36. The firm has a market cap of $8.31 billion, a price-to-earnings ratio of 7.06, a P/E/G ratio of 1.00 and a beta of 2.05. The company has a quick ratio of 1.11, a current ratio of 1.82 and a debt-to-equity ratio of 0.38. The company's 50 day moving average is $21.36 and its 200-day moving average is $22.01.
GAP (NYSE:GAP - Get Free Report) last issued its quarterly earnings data on Thursday, August 27th. The company reported $0.52 earnings per share for the quarter, topping analysts' consensus estimates of $0.48 by $0.04. The business had revenue of $3.65 billion during the quarter, compared to analysts' expectations of $3.69 billion. GAP had a net margin of 8.14% and a return on equity of 19.72%. GAP's revenue for the quarter was down 2.0% on a year-over-year basis. During the same period in the previous year, the company earned $0.57 earnings per share. GAP has set its FY 2026 guidance at 2.350-2.450 EPS. Equities analysts anticipate that The Gap, Inc. will post 2.41 EPS for the current year.
GAP Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 28th. Shareholders of record on Wednesday, October 7th will be given a dividend of $0.1750 per share. The ex-dividend date of this dividend is Wednesday, October 7th. This represents a $0.70 dividend on an annualized basis and a yield of 3.0%. GAP's payout ratio is currently 20.90%.
GAP News Roundup
Here are the key news stories impacting GAP this week:
- Positive Sentiment: Gap unveiled an AI-assisted shopping experience, a move that could improve product discovery, personalization and online conversion. The initiative is strategically positive, although the company has not yet provided a quantified financial benefit. Gap unveils AI-assisted shopping
- Positive Sentiment: A Zacks analysis identified GAP as a top long-term momentum stock, which may attract momentum-oriented investors. This is a ratings-based signal rather than a new operating update, so its impact may be limited. Why Gap is a Top Momentum Stock
- Neutral Sentiment: Director William Sydney Fisher sold 933,656 shares across October 5–6 for approximately $22.1 million. However, he retained about 15.9 million shares, so the transactions reduced his position by roughly 5.7% overall rather than indicating a broad exit. SEC filing for William Sydney Fisher
- Negative Sentiment: Insider Julie Gruber sold 27,538 shares, worth approximately $648,800, cutting her holdings by 47.1%. The sale occurred under a pre-arranged Rule 10b5-1 plan, which reduces its value as a signal of management’s current outlook but may still pressure sentiment because of the volume of insider selling. SEC filing for Julie Gruber
Analyst Upgrades and Downgrades
A number of equities analysts have recently commented on GAP shares. Wells Fargo & Company lifted their price objective on GAP from $22.00 to $23.00 and gave the stock a "cautious" rating in a research note on Friday, August 28th. The Goldman Sachs Group increased their target price on GAP from $25.00 to $27.00 and gave the company a "buy" rating in a research note on Monday, August 31st. Jefferies Financial Group lowered GAP from a "buy" rating to a "hold" rating and lowered their target price for the company from $29.00 to $23.00 in a report on Wednesday, August 12th. Bank of America lifted their price target on GAP from $26.00 to $27.00 and gave the stock a "neutral" rating in a research report on Friday, August 28th. Finally, Morgan Stanley upped their price target on GAP from $21.00 to $23.00 and gave the stock an "equal weight" rating in a report on Friday, August 28th. Two equities research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $27.07.
Read Our Latest Research Report on GAP
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the stock. Jupiter Topco LLC acquired a new position in GAP in the 2nd quarter valued at approximately $2,017,000. BlackRock Inc. acquired a new stake in shares of GAP during the 2nd quarter worth approximately $428,824,000. Robinhood Asset Management LLC bought a new stake in shares of GAP during the second quarter valued at approximately $6,312,000. Miller Howard Investments Inc. NY increased its position in shares of 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 purchasing an additional 900,855 shares during the period. Finally, Engineers Gate Manager LP acquired a new position in shares of GAP in the second quarter valued at $4,216,000. Institutional investors own 58.81% of the company's stock.
About GAP
(
Get Free Report)
Gap, Inc operates as a global apparel retail company, which offers clothing, apparel, accessories, and personal care products for men, women, and children. The firm operates through the following segments: Gap Global, Old Navy Global, Banana Republic Global, Athleta, and Other. The Gap Global segment includes apparel and accessories for men and women under the Gap brand, along with the GapKids, BabyGap, GapMaternity, GapBody, and GapFit collections. The Old Navy Global segment offers clothing and accessories for adults and children.
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