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 Nasdaq, Inc.

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This article appears in: Investing , Options

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