322,106 Shares in General Motors Company $GM Bought by Nykredit A S

Nykredit A S recently acquired 322,106 shares of General Motors (NYSE:GM) for approximately $24.8 million, increasing institutional ownership to 92.67%. The company reported strong quarterly EPS and revenue, beating analyst estimates, and maintains a "Moderate Buy" consensus. Despite positive developments like defense contracts and strong truck sales, GM faces challenges including a large SUV recall and significant insider stock sales totaling $49 million in the last 90 days.