The Goldman Sachs Group, Inc. (GS)

Goldman Sachs & Co. LLC • Goldman Sachs Funding LLC • GS European Funding I S.A R.L. LLC • Murray Street Corporation • GS Financial Services II, LLC • Goldman Sachs Global Funding I, CO. • Goldman Sachs Global Funding II LTD • Goldman Sachs (UK) L.L.C. • Goldman Sachs UK Funding Limited • Goldman Sachs Group UK Limited ...

IRS number

134019460

GS stock data

1M 3M 6M 1Y

Analyst ratings and price targets

Last 3 months

Average target

$690.86

Low target

$605.00

High target

$782.00

Keefe, Bruyette & Woods

Latest filings (excl ownership)

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424B2

Prospectus for primary offering

28 Feb 25

424B2

Prospectus for primary offering

28 Feb 25

424B2

Prospectus for primary offering

28 Feb 25

424B2

Prospectus for primary offering

28 Feb 25

424B2

Prospectus for primary offering

28 Feb 25

424B2

Prospectus for primary offering

28 Feb 25

424B2

Prospectus for primary offering

28 Feb 25

424B2

Prospectus for primary offering

28 Feb 25

FWP

Free writing prospectus

28 Feb 25

424B2

Prospectus for primary offering

28 Feb 25

Transcripts

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Earnings call transcript

2024 Q4

15 Jan 25

Earnings call transcript

2024 Q3

15 Oct 24

Earnings call transcript

2024 Q2

15 Jul 24

Earnings call transcript

2024 Q1

15 Apr 24

Earnings call transcript

2023 Q4

16 Jan 24

Earnings call transcript

2023 Q3

17 Oct 23

Earnings call transcript

2023 Q2

19 Jul 23

Earnings call transcript

2023 Q2

19 Jul 23

Earnings call transcript

2023 Q1

18 Apr 23

Earnings call transcript

2022 Q4

17 Jan 23

Latest ownership filings

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Notice of proposed sale of securities

26 Feb 25

144

Notice of proposed sale of securities

18 Feb 25

144

Notice of proposed sale of securities

18 Feb 25

SC 13G/A

Inflection Point Acquisition Corp. II

Andretti Acquisition Corp. II

13 Feb 25

Financial summary

Financial statements Chart GS financial data

Quarter (USD)	Dec 24	Sep 24	Jun 24	Mar 24
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 24	Dec 22	Dec 21	Dec 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	182.09 bn	182.09 bn	182.09 bn	182.09 bn	182.09 bn	182.09 bn
Cash burn (monthly)	(no burn)	4.82 bn	(no burn)	(no burn)	(no burn)	1.10 bn
Cash used (since last report)	n/a	9.97 bn	n/a	n/a	n/a	2.28 bn
Cash remaining	n/a	172.12 bn	n/a	n/a	n/a	179.81 bn
Runway (months of cash)	n/a	35.7	n/a	n/a	n/a	163.3

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q4 2024

GS institutional ownership history Ownership history

72.2% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	2360	2159	+9.3%
Opened positions	369	207	+78.3%
Closed positions	168	131	+28.2%
Increased positions	891	821	+8.5%
Reduced positions	752	777	-3.2%

13F shares	Current	Prev Q	Change
Total value	121.69 tn	103.93 tn	+17.1%
Total shares	225.21 mm	223.45 mm	+0.8%
Total puts	9.19 mm	8.35 mm	+10.0%
Total calls	9.94 mm	8.06 mm	+23.4%
Total put/call ratio	0.9	1.0	-10.8%

Largest owners	Shares	Value	Change
Vanguard	29.41 mm	$16.84 tn	+0.1%
BlackRock	23.84 mm	$13.65 tn	+0.5%
STT State Street	19.58 mm	$11.21 tn	+0.9%
MS Morgan Stanley	8.02 mm	$4.59 tn	+6.7%
JPM JPMorgan Chase & Co.	7.93 mm	$4.54 tn	+30.8%
Geode Capital Management	6.58 mm	$3.76 tn	+2.5%
Fisher Asset Management	6.16 mm	$3.52 tn	+1.9%
Capital World Investors	5.99 mm	$3.43 tn	-7.9%
Dodge & Cox	3.87 mm	$2.22 tn	-28.1%
BK The Bank of New York Mellon Corporation	3.77 mm	$2.16 tn	-18.2%

Largest transactions	Shares	Bought/sold	Change
Norges Bank	2.80 mm	+2.80 mm	NEW
JPM JPMorgan Chase & Co.	7.93 mm	+1.87 mm	+30.8%
Dodge & Cox	3.87 mm	-1.51 mm	-28.1%
BAC Bank of America	2.95 mm	-1.12 mm	-27.5%
RJF Raymond James Financial	1.09 mm	+1.09 mm	NEW
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main	1.29 mm	+882.10 k	+214.1%
BK The Bank of New York Mellon Corporation	3.77 mm	-839.86 k	-18.2%
Massachusetts Financial Services	2.62 mm	-815.14 k	-23.8%
Jennison Associates	1.10 mm	-692.26 k	-38.6%
FMR	3.59 mm	+687.71 k	+23.7%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

GS insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
26 Feb 25	Solomon David M	Common Stock, par value $0.01 per share	Sell	Dispose S	No	No	622.15	2,415	1.50 mm	115,468
28 Jan 25	Alex S Golten	Common Stock, par value $0.01 per share	Sell	Dispose S	No	No	636.47	3,800	2.42 mm	3,545
28 Jan 25	Alex S Golten	Common Stock, par value $0.01 per share	Sell	Dispose S	No	No	635.64	1,408	894.98 k	7,345
24 Jan 25	Carey Halio	Common Stock, par value $0.01 per share	Sell	Dispose S	No	No	639.16	693	442.94 k	4,552
24 Jan 25	Carey Halio	Common Stock, par value $0.01 per share	Sell	Dispose S	No	No	637.77	518	330.36 k	5,245
24 Jan 25	Carey Halio	Common Stock, par value $0.01 per share	Sell	Dispose S	No	No	636.74	1,452	924.55 k	5,763
24 Jan 25	Carey Halio	Common Stock, par value $0.01 per share	Sell	Dispose S	No	No	635.52	423	268.82 k	7,215
24 Jan 25	Carey Halio	Common Stock, par value $0.01 per share	Sell	Dispose S	No	No	633.68	554	351.06 k	7,638
21 Jan 25	Carey Halio	Common Stock, par value $0.01 per share	Sell	Dispose S	No	No	635.29	45	28.59 k	8,192
21 Jan 25	Carey Halio	Common Stock, par value $0.01 per share	Sell	Dispose S	No	No	634.71	228	144.71 k	8,237