Why is GM stock down?

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GM fell 8.2% over five trading days, closing at $77.09 on Oct. 20, 2026. A drop like this raises a question: is the problem GM or the whole group it trades with?

We answer that by comparing GM with its closest peers. We also check the calendar for earnings and Fed dates, then review General Motors Co's latest SEC filings and insider trades.

The chart below tracks GM's daily closing price from April 24, 2026 to Oct. 20, 2026. It fell 0.8%, from $77.72 to $77.09. The high was $90.12 on July 28, 2026, and the low was $72.32 on May 19, 2026. Red circles mark weeks when insiders sold shares on the open market (6 weeks; bigger circles mean more money). No green diamonds appear: no insider bought on the open market in this window.

GM share price and insider trades
Daily closing price, Apr 24, 2026 to Oct 20, 2026 · dots are open-market trades by company insiders (SEC Form 4), one per week
Latest
$77.09
Oct 20, 2026
Change
▼ -0.8%
since Apr 24, 2026
High
$90.12
Jul 28, 2026
Low
$72.32
May 19, 2026
$70$75$80$85$90Week of May 18, 2026: insiders sold $450K on the open market (1 trade)Week of May 25, 2026: insiders sold $50.3M on the open market (4 trades)Week of Jun 8, 2026: insiders sold $1.7M on the open market (1 trade)Week of Jun 15, 2026: insiders sold $8.4M on the open market (1 trade)Week of Jul 27, 2026: insiders sold $45.5M on the open market (2 trades)Week of Aug 3, 2026: insiders sold $3.5M on the open market (1 trade)Apr 24, 2026Oct 20, 2026JulAug
Share price Insider sales: $110.0M in 10 trades Insider buys: noneBigger dot = more money. Hover a dot or the line for details.

What could be behind the GM move

We found no General Motors Co earnings report in the last 10 days or the next three weeks. We also saw no notable SEC filing in recent weeks. Nothing company-specific on the public record explains the move on its own.

The broader market shows a calm uptrend, with the VIX volatility index at 18.44. The Federal Reserve's next rate decision comes on Oct. 28, 2026, 7 days away. Market pricing puts the odds at 86% for a hold, 13% for a hike and 1% for a cut.

Also worth knowing about GM

No open-market insider purchases occurred in 90 days, while insiders sold $49 million.

Dilution risk: low (10/100). Share count fell 9.6% over a year.

Live GM data, updated every 30 minutes: GM insider trades, ownership and filings →

What would change the picture for GM

These are the specific events and levels to watch. None of them is a prediction.

  • Insider buying: none on the open market in 90 days. A purchase by an executive or director would be the first in at least three months. It would show up on SEC Form 4 within two business days.
  • Analyst ratings: the average score moved from 3.95 to 4.05 over three months. On that scale, 5 is strong buy and 1 is strong sell. A run of downgrades after earnings usually shows up here first.
  • Price levels: a close above $90.12 would mark a new 52-week high, 16.9% above the latest close of $77.09. A close below $57.5 would mark a new 52-week low, 25.4% below it.
  • Growth: revenue fell 0.3% year over year in the quarter ending Sep 2026 (trend: accelerating). At a P/E of 16.8, a slowdown would matter more than at a lower multiple.
  • New shares: dilution risk is low now. A new shelf registration (S-3) or a prospectus supplement (424B) for an offering would raise it.

How GM compares with its peers

Over the past month GM ranks 3 of 5 in this group (-8.2%). TSLA was best at -0.4%, and LCID was weakest at -24.0%.

GM's P/E of 16.8 sits below the peers' median of 346.0. Investors pay less for each dollar of its profit.

A dash in the P/E column means the company lost money over the last 12 months. It has no P/E.

StockClose1 month3 monthsFrom 52-wk highP/EPrice/salesRevenue growth
GM$77.09-8.2%-5.9%-14.5%16.80.35-0.3%
TSLA$373.71-0.4%-0.1%-23.7%346.014.24+11.8%
F$12.15-7.7%-14.8%-29.6%—0.24+1.5%
RIVN$12.43-19.1%-27.6%-44.6%—2.8+14.2%
LCID$3.27-24.0%-51.8%-83.6%—0.83+66.5%

GM history: what happened after similar moves

Since 2023, GM fell 8.2% or more in a month 11 times (separate episodes, not counting the current one). Three months later it was higher in 9 of 11 cases; the median change was +14.8%.

Past moves don't predict the next one; they show how volatile the stock has been.

Month endingMove in that month1 month later3 months later
2025-01-30-8.8%-4.3%-8.8%
2025-03-04-8.6%+6.4%+8.8%
2025-04-07-8.2%+4.5%+21.1%
2026-03-02-9.9%-4.0%+6.6%
2026-05-18-10.1%+9.1%+14.8%
2026-07-01-8.5%+17.7%+2.2%
The bottom line

GM fell 8.2% over five trading days, closing at $77.09 on Oct. 20, 2026.

Questions people also ask

What is GM's 52-week high and low?

Over the past year GM closed as high as $90.12 and as low as $57.5. At $77.09 on Oct. 20, 2026, it is down 14.5% from the high and 34.1% above the low.

Do analysts think GM is a buy?

30 of the 38 analysts covering General Motors Co rate it a buy or strong buy, for a consensus of Buy. Ratings describe analysts' views, not a guarantee, and they change after earnings.

Are GM insiders buying or selling?

Insiders sold $49 million of GM on the open market in 90 days and bought none. Sales are often routine (taxes, diversification, pre-planned plans). Purchases with their own money send the stronger signal.

Is General Motors Co issuing new shares?

Dilution risk reads low (10/100); the share count fell 9.6% in a year.

Does GM pay a dividend?

Yes: $0.69 per share over the last 12 months, about 0.9% at today's price.

Who is the largest shareholder of GM?

Among investment managers that file Form 13F, Huntington National Bank reported the largest GM position ($67). 1 institutions reported holding GM for Q2 2026.

Dates to watch for GM

Insider trades can come any day: they must be filed on Form 4 within two business days.

DateEventWhy it matters
Wed Oct 21, 2026TSLA earningsA read-through for GM: results from a peer often move the group.
Wed Oct 28, 2026F earningsA read-through for GM: results from a peer often move the group.
Wed Oct 28, 2026Federal Reserve rate decisionMarket odds: 86% hold, 1% cut, 13% hike.
Thu Oct 29, 2026RIVN earningsA read-through for GM: results from a peer often move the group.
Mon Nov 9, 2026LCID earningsA read-through for GM: results from a peer often move the group.
Mon Nov 16, 202613F filing deadlineFunds disclose what they held on 2026-09-30, including GM.
Fri Nov 20, 2026Monthly options expirationOften heavier trading and bigger swings in widely traded stocks.

Key terms on this page

P/E ratio
Price divided by the last 12 months of earnings per share. A P/E of 20 means investors pay $20 for each $1 of yearly profit. It is only defined when the company is profitable.
Form 4
The SEC form a company's officers, directors and 10% owners must file within two business days of buying or selling its stock.
Open-market trade
A purchase or sale on the exchange at the market price, paid with the insider's own money (code P or S on Form 4), as opposed to option exercises, grants or gifts.
Form 13F
A quarterly SEC report listing the U.S. stock holdings of every investment manager with more than $100 million. It is due 45 days after each quarter ends, so it shows positions with a delay.
Dilution
When a company issues new shares, each existing share owns a smaller piece of the company. Common sources: stock offerings, convertible debt and large stock-based pay.
52-week high / low
The highest and lowest daily closing price over the past year (about 252 trading days).
Analyst consensus
The average of Wall Street analysts' ratings (strong buy to strong sell). Analysts skew positive, so a hold is often read as a cautious view.

Where these numbers come from

Every number on this page is computed from the data when the page is refreshed (usually daily); nothing is typed in by hand. This is information, not investment advice.

  • Price: daily closing prices run through Oct. 20, 2026. Changes use 5, 21 and 63 trading days. The 52-week range uses the last 252 closes.
  • Insider trades: SEC Form 4 filings for the last 90 days, counting only open-market purchases (code P) and sales (code S); option exercises, grants, gifts and filings with data errors are left out.
  • Analyst ratings: counts of current ratings from 38 analysts, compared with three months ago.
  • Earnings dates and estimates: a market-data calendar, with reported vs expected EPS for the last 4 quarters.
  • Valuation and growth: revenue, earnings, margins and share counts come from the company's SEC filings (XBRL data, latest quarter Sep 2026). P/E and price/sales use the latest close.
  • Fund ownership: SEC Form 13F filings for Q2 2026.
  • Dilution: share-count changes and offering-related SEC filings (shelf registrations, prospectus supplements, convertible notes) over two years, scored 0-100.
  • History: 21-trading-day moves over about three years of daily closes, counted once per episode.
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How this article was made: it was generated from SEC filings and market data with automated tools and is published under Spencer Vaughn's editorial responsibility. Spotted an error? Tell us and we will correct it.

Sources: SEC EDGAR (Form 4, 8-K/6-K, prospectuses, XBRL share counts) and daily closing prices. Insider sales are often routine (taxes, diversification, pre-planned 10b5-1 plans). Not investment advice.

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