Matthew Robert Van Epps Sells Shares of GE Vernova
A House member disclosed a sale of GE Vernova shares valued between $1,001 and $15,000.
Key Points
- Matthew Robert Van Epps, a House member, sold GE Vernova shares valued between $1,001 and $15,000 on June 16, 2026.
- GE Vernova trades at $982.35, with a market cap of $263.98 billion and a P/E ratio of 28.73.
- Analysts from firms like Bernstein and Jefferies maintain a 'buy' rating with targets up to $1,350.
On June 16, 2026, Matthew Robert Van Epps, a member of the House, disclosed the sale of GE Vernova Inc. shares valued between $1,001 and $15,000. This transaction was reported the following day, reflecting compliance with the STOCK Act, which mandates disclosure of stock trades by congressional members.
Other Institutional Activity in GE Vernova
BlackRock, Inc. reduced its holdings in GE Vernova by 157,874 shares, leaving it with 20,726,610 shares valued at about $18.09 billion. FMR LLC also cut its stake by 3,154,981 shares, holding 18,336,935 shares worth approximately $16.01 billion. Meanwhile, Vanguard Capital Management LLC established a new position with 17,516,600 shares valued at $15.29 billion. State Street Corp trimmed its holdings by 75,172 shares, ending with 11,394,498 shares valued at $9.95 billion. JPMorgan Chase & Co increased its position by 408,532 shares, holding 6,752,963 shares worth $5.52 billion.
GE Vernova Stock Snapshot
Shares of NYSE:GEV traded near $982.35. GE Vernova, with a market cap of $263.98 billion, has a P/E ratio of 28.73 and a forward P/E of 40.08. The stock's 52-week range is between $479.04 and $1,181.95. It has a 50-day moving average of $1,016.08 and a 200-day moving average of $767.81. The company has a beta of 1.045, indicating moderate volatility compared to the market.
Recent Earnings
GE Vernova reported revenue of $39.37 billion with a growth rate of 16.3%. The company's net margin is 23.81%, and it has a return on equity (ROE) of 75.71%. The next earnings report is scheduled for July 22, 2026.
Dividend
The company offers an annual dividend rate of $2.00 per share, yielding 0.2%. The payout ratio stands at 5.11%.
Insider Buying and Selling at GE Vernova Inc.
On June 1, 2026, Victor Abate, CEO of the Wind segment, sold 4,819 shares at an average price of $948.08. Earlier, on May 20, 2026, several insiders, including Paula Rosput Reynolds and Nicholas Akins, bought 173 shares each at an undisclosed price.
Analysts Set New Price Targets
On June 17, 2026, Bernstein initiated coverage on GE Vernova with a 'buy' rating and a $1,206 price target. Jefferies maintained its 'buy' rating with a $1,210 target on June 11, 2026. The consensus among 33 analysts is a 'buy' rating with a mean target price of approximately $1,211.89.
About GE Vernova
GE Vernova Inc., headquartered in Cambridge, Massachusetts, is a major player in the industrial sector, focusing on specialty industrial machinery. The company operates in power, wind, and electrification segments, providing technology and services for electricity generation, transfer, and storage across several continents. Led by CEO Scott L. Strazik, GE Vernova employs around 78,000 people.
Bottom Line
Matthew Robert Van Epps' sale of GE Vernova shares is part of routine disclosures required by law, offering a glimpse into the financial activities of public officials. GE Vernova's stock remains active in the market, with significant institutional movements and a strong analyst outlook. These disclosures and activities are important for investors keeping track of trends and sentiments around GE Vernova, though they reflect past actions and not necessarily current positions.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.