Goldman Sachs accounting officer sells 16,787 shares

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Bobby Raines 01/23/2014

Sarah Smith, an accounting officer at Goldman Sachs ( GS ) , sold 16,787 shares of the company's common stock between Jan. 17 and Jan. 21. At between $174.76 and $175 per share, Smith pulled in a total of $2,934,187 from the sale.   

IK-> The technicals for GS ($170.73 up $0.19) are bullish with a downward trend. Recent support has been around $171.42 and recent resistance has been around $177.20. Standard & Poor's has a four STARs (out of five) rating on the stock. Look at the April 190/195 bear-call spread for a 35-cent credit. That's a 7.53% return and the stock has to rise 11.3% to cause a problem.  [InvestorsKeyhole, Various news and data services]



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

Originally published on InvestorsObserver.com


This article appears in: Investing , Options

Referenced Stocks: GS

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