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General Motors CEO’s Major Share Sale Sparks Market Debate Despite Strong Q2 Results
Yahoo Finance· 2025-09-11 16:03
Group 1 - General Motors Company (NYSE:GM) reported a strong first half of 2025, with total revenue reaching $91 billion, and North America revenue hitting a record $77 billion [2][3] - The Chevrolet Equinox gained nearly 6 points of retail market share year over year, indicating growth in both the U.S. and Chinese markets [2] - General Motors' electric vehicle (EV) portfolio is becoming increasingly significant, with Chevrolet ranking as the second EV brand and Cadillac in the fifth position [2] Group 2 - On August 28, 2025, CEO Mary Barra sold 994,863 shares of GM stock, valued at approximately $57.9 million, which constituted about 40% of her directly owned shares [3] - The sale of shares by the CEO has sparked market debate despite the company's strong Q2 results [3] - Insider Monkey reported that 71 hedge funds held stakes in General Motors, indicating strong institutional confidence in the company's growth [3]