The Goldman Sachs Group, Inc. (GS): Among Most Expensive Stocks Insiders Are Buying After Trump’s Tariff Rollout

We recently published a list of 12 Most Expensive Stocks Insiders Are Buying After Trump’s Tariff Rollout. In this article, we are going to take a look at where The Goldman Sachs Group, Inc. (NYSE:GS) stands against other most expensive stocks insiders are buying after Trump’s tariff rollout.

Wall Street banks have sharply cut their targets for the broader market index due to growing fears about the economic fallout from new tariffs, writes the Financial Times. Since the tariff announcement on April 2, the broader market index has dropped nearly 7%. Major banks now expect lower market gains in 2025, with some analysts predicting a possible bear market directly triggered by presidential policy shifts.

Amid tariff wars and market uncertainty, insider trading often draws attention. Insider stock purchases may signal executive confidence, while sales aren’t necessarily negative—they could reflect personal or diversification choices. It’s best to view insider trading in context with a company’s financials and market conditions.

Our Methodology

Today, we’re highlighting most expensive stocks that insiders have been buying in April. Using Insider Monkey’s trading screener, we looked for companies with share prices of at least $30 and insider purchases between April 2 and April 21. From there, we ranked the top 12 stocks based on the highest average purchase price per share.

Stocks that were recently covered were excluded from this list. Most of those can be seen on this list of the 19 mid- and large-cap stocks insiders are buying after Trump’s tariff rollout.

Our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds, focusing on insider trading and stock picks from hedge fund investor newsletters and conferences. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).

The Goldman Sachs Group, Inc. (GS): Among Most Expensive Stocks Insiders Are Buying After Trump’s Tariff Rollout

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The Goldman Sachs Group, Inc. (NYSE:GS)

The Goldman Sachs Group, Inc. (NYSE:GS), a leading global investment bank, serves an elite clientele, including multinational corporations and institutional investors. It operates across various business segments like investment banking, consumer banking, trading, and asset management, which helps stabilize the company by reducing reliance on any single sector. It is also one of the 10 value stocks in Ken Fisher’s portfolio.

The bank has consistently paid dividends to shareholders since 1999, returning $3.8 billion in dividends in 2024. In Q4 2024, the company reported net revenues of $13.87 billion, up from $11.32 billion in the same period of 2023, and declared a quarterly dividend of $3.00 per share. For the first quarter of 2025, The Goldman Sachs Group, Inc. (NYSE:GS) reported net revenues of $15.06 billion, 6% higher than the first quarter of 2024 and 9% higher than the fourth quarter of 2024. Net earnings amounted to $4.74 billion, compared to $4.13 billion in the same period of 2024.

In April, a director of The Goldman Sachs Group, Inc. (NYSE:GS), John Hess, acquired a total of nearly $2 million worth of shares at an average price of $512.36 per share. Year-to-date, the stock is down 11.02%, trading at $509.59 per share. However, over the past 12 months, its shares returned 22.08% to investors.

Overall, GS ranks 1st on our list of most expensive stocks insiders are buying after Trump’s tariff rollout. While we acknowledge the potential of GS as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than GS but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.