BGC Group Buys Back Shares from Former CEO

The latest update is out from BGC Group ( (BGC) ).

On May 16, 2025, Howard W. Lutnick, the U.S. Secretary of Commerce and former CEO of BGC Group, agreed to sell over 16.4 million shares of Class A Common Stock back to the company as part of a divestiture to comply with U.S. government ethics rules. The transaction, valued at approximately $151.5 million, reflects BGC’s strategy to return capital to shareholders and is expected to enhance shareholder value. Additionally, Lutnick agreed to sell his Class B shares and other interests to Cantor Fitzgerald, maintaining Cantor Fitzgerald as BGC’s largest shareholder. These moves are part of Lutnick’s broader plan to divest his interests in BGC, transferring control to trusts managed by his family.

The most recent analyst rating on (BGC) stock is a Buy with a $11.50 price target. To see the full list of analyst forecasts on BGC Group stock, see the BGC Stock Forecast page.

Spark’s Take on BGC Stock

According to Spark, TipRanks’ AI Analyst, BGC is a Outperform.

BGC Group’s stock is supported by strong financial performance, especially in revenue growth and profitability. Positive technical indicators and an optimistic earnings call further bolster its appeal. However, high leverage and a high P/E ratio suggest caution. The overall score reflects a solid but cautious outlook, emphasizing operational strengths and strategic growth initiatives.

To see Spark’s full report on BGC stock, click here.

More about BGC Group

BGC Group, Inc. is a leading global marketplace, data, and financial technology services company offering a broad range of products such as fixed income, foreign exchange, energy, commodities, shipping, equities, and the FMX Futures Exchange. Their clients include major banks, broker-dealers, investment banks, trading firms, hedge funds, governments, corporations, and investment firms.

Average Trading Volume: 2,967,038

Technical Sentiment Signal: Buy

Current Market Cap: $4.5B

For an in-depth examination of BGC stock, go to TipRanks’ Stock Analysis page.