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The Goldman Sachs Group, Inc. $GS Shares Sold by Teachers Retirement System of The State of Kentucky
The Teachers Retirement System of The State of Kentucky reduced its stake in The Goldman Sachs Group (GS) by 8.5% in the fourth quarter, selling 4,855 shares. This comes as Goldman Sachs reported strong Q1 earnings, beating analyst estimates for EPS and revenue, and announced a quarterly dividend of $4.50. Despite positive Q1 results and strategic investments, insider selling by executives like Alex S. Golten and CEO David M. Solomon, alongside some analyst price target reductions, have created mixed sentiment around the stock.