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Major Shareholder Sells Off Millions in GMS Stock!

Major Shareholder Sells Off Millions in GMS Stock!

New insider activity at GMS ( (GMS) ) has taken place on July 16, 2025.

Elevate Your Investing Strategy:

Coliseum Capital Management, LLC, a major shareholder, has divested 338,627 shares of GMS stock, amounting to a transaction value of $37,266,946.

Recent Updates on GMS stock

In the last 24 hours, GMS Inc. experienced significant stock price movements, rising by 27.6% to $103.37. This surge is primarily attributed to the announcement of a merger agreement with The Home Depot and its subsidiary, SRS Distribution, valuing GMS at $110 per share. This acquisition is expected to enhance GMS’s market reach and offerings. Additionally, there are reports of competing suitors, which have contributed to the stock’s upward momentum. Analysts have raised concerns about valuation and macroeconomic challenges, but recent corporate actions have provided a positive strategic direction. Despite these developments, the most recent analyst rating remains a Hold, reflecting cautious optimism amid market valuation concerns and uncertain competing offers.

Spark’s Take on GMS Stock

According to Spark, TipRanks’ AI Analyst, GMS is a Neutral.

GMS’s overall score is driven by a strong technical outlook and positive corporate events, offset by valuation concerns and mixed financial performance. The merger with Home Depot presents a significant growth opportunity, but declining profitability and challenging market conditions weigh on the overall assessment.

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

More about GMS

YTD Price Performance: 30.49%

Average Trading Volume: 1,039,555

Technical Sentiment Signal: Buy

Current Market Cap: $4.18B

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