Stocks of Gap, Inc (NYSE:GAP) traded higher last session on Wall Street, up 0.54% to $22.43.
GAP stock price is now -0.05% away from the 50-day moving average and -0.40% away from the 200-day moving average. The market capitalization of the company currently stands at $8.45B.
With the price target maintained at $24, Wells Fargo recently Downgraded its rating from Overweight to Equal Weight for Gap, Inc (NYSE: GAP). On January 21, 2025, Argus Upgraded its previous ‘Hold’ rating to ‘Buy’ on the stock keeping its target price maintained at $27, while ‘UBS’ rates the stock as ‘Neutral’
In other news, TRACY GARDNER, Director bought 50,290 shares of the company’s stock on Jun 02 ’25. The stock was bought for $1,115,030 at an average price of $22.17. An SEC document containing details of the transaction can be found on the SEC’s website. On May 16 ’25, President & CEO, Gap Brand Breitbard Mark sold 51,385 shares of the business’s stock. A total of $1,387,395 was realized by selling the stock at an average price of $27.00. This leaves the insider owning 123,985 shares of the company worth $2.78 million. A total of 35.28% of the company’s stock is owned by insiders.
During the past 12 months, Gap, Inc has had a low of $16.99 and a high of $30.75. As of last week, the company has a debt-to-equity ratio of 1.65, a current ratio of 1.71, and a quick ratio of 0.98.
The net profit margin was 5.80% and return on equity was 29.16% for GAP.
