Chairman and CEO of General Motors Company (
GM
) Daniel F. Akerson bought 25,000 shares on 08/08/2012 at an
average price of $20.35. The total transaction amount is
$508,750. General Motors Company is engaged in the designing,
manufacturing and retailing of vehicles globally including
passenger cars, crossover vehicles, and light trucks, sport
utility vehicles, vans and other vehicles. General Motors Company
has a market cap of $31.39 billion; its shares were traded at
around $20.69 with a P/E ratio of 6.2 and P/S ratio of 0.2.
Aside from CEO Daniel Akerson, other insiders have also recently
traded in the company. Director Thomas Schoewe bought 3,800
shares of GM on 3/5/2012. Senior Vice President Mary Barra sold
5,199 shares of GM stock on 6/11/2012 at the average price of
$22.07.
Mr. Daniel F. Akerson, Dan has been the CEO of General Motors
Company since Sept. 1, 2010 and has been its chairman since Jan.
1, 2011. Mr. Akerson served as the head of Global Buyout and
managing director of The Carlyle Group LP, since July 2009. He
earned his B.S. in engineering from the U.S. Naval Academy.
GM recently announced second quarter net income attributable to
common stockholders of $1.5 billion, or $0.90 per fully diluted
share. In the second quarter a year ago, GM's net income
attributable to common stockholders was $2.5 billion, or $1.54
per fully diluted share.
Several gurus hold positions in GM.
David Tepper
bought 2,202,153 shares in the quarter that ended on 03/31/2012,
which is 1.4% of the $4.05 billion portfolio of Appaloosa
Management LP.
Warren Buffett
bought 10,000,000 shares in the quarter that ended on 03/31/2012,
which is 0.34% of the $75.3 billion portfolio of Berkshire
Hathaway.
Ken Heebner
sold out his holdings in the quarter that ended on 03/31/2012.
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