GE's Trading Volume Drops 40% to $1.045 Billion, Ranking 1st in Decline Among Major Stocks

Generated by AI AgentAinvest Volume Radar
Monday, Jun 16, 2025 7:54 pm ET1min read

On June 16, 2025, GE's trading volume reached $1.045 billion, marking a 40.34% decrease from the previous day. The company's stock price fell by 0.03%, extending its losing streak to three consecutive days, with a total decline of 3.66% over the past three days.

GE recently received an $82 million payment from the Department of Defense, specifically from the Department of the Air Force. This payment, made on March 14, 2025, is part of a delivery order derived from the original basic IDIQ contract FA8626-22-D-0010. This contract includes relevant clauses that apply to the delivery order and will flow down to this specific action.

Over the past year,

has received a total of $3.18 billion in award payments from the government. Some of the significant awards include the F-15EX LOTS 2+ Propulsion System Procurement, T700 Series Engine Production, Next Generation Adaptive Propulsion (NGAP) Prototyping, F414 Depot Component Support Performance Based Logistics, and PACER PHANTOM.

Members of Congress have been actively trading GE stock, with four transactions recorded in the past six months. These trades include both purchases and sales, with notable transactions by Representative Robert Bresnahan, Representative Jefferson Shreve, and Senator Shelley Moore Capito.

Insider trading activity at GE has been predominantly on the selling side, with 16 sales and no purchases recorded in the past six months. Key insiders, including Russell Stokes, Mohamed Ali, Riccardo Procacci, and Robert M. Giglietti, have sold significant shares of the company's stock.

Institutional investors have shown mixed sentiment towards GE, with 1,306 adding shares to their portfolios and 1,079 decreasing their positions in the most recent quarter. Notable moves include GQG Partners LLC adding 8.03 million shares and Capital Research Global Investors removing 8.00 million shares from their portfolios.

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