General Motors CEO's Major Share Sale Sparks Market Debate Despite Strong Q2 Results

General Motors Company (NYSE:GM) is one of the 10 Best EV Stocks to Buy According to Hedge Funds.

Following a strong second quarter, the company’s top executive sells approximately 40% of her directly owned shares.

General Motors Company (NYSE:GM) witnesses a prosperous first half of 2025, with total revenue reaching $91 billion. Revenue in North America alone stands at $77 billion, creating a new record. With the Chevrolet Equinox gaining nearly 6 points of retail market share year over year, the company progresses in the U.S. as well as the Chinese markets. The company’s EV portfolio is gaining importance, and Chevrolet has acquired the number two position in the EV brand, while Cadillac stands at the number five position.

However, on August 28, 2025, the company’s Chair & CEO, Mary Barra, made a bold move by selling 994,863 shares of General Motors Company (NYSE:GM)’s stock in a transaction valued at approximately $57.9 million. The sales, amounting to about 40% of her directly owned shares, attracted market attention.

In the second quarter, Insider Monkey noted 71 hedge funds with stakes in the company, signalling a strong institutional confidence in General Motors Company (NYSE:GM)’s growth.

General Motors Company (NYSE:GM) is one of the world’s largest automakers. The Detroit-based company was founded in 1908. It has a diverse portfolio of vehicle brands, including Chevrolet, Cadillac, Buick, and GMC. Focus is heavily laid on transitioning to electric vehicles through its Ultium battery platform.

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