Alphabet Inc. (NASDAQ:GOOG)’s share price gapped up before the market opened on Wednesday . The stock had previously closed at $736.85, but opened at $736.96. Alphabet shares last traded at $739.87, with a volume of 646,939 shares.

GOOG has been the subject of several research reports. Vetr raised shares of Alphabet from a “buy” rating to a “strong-buy” rating and set a $827.13 price objective for the company in a research report on Tuesday, May 31st. TheStreet cut shares of Alphabet from a “buy” rating to a “hold” rating in a research report on Monday, May 23rd. JMP Securities set a $904.00 price objective on shares of Alphabet and gave the company a “buy” rating in a research report on Friday, April 22nd. Atlantic Securities set a $850.00 price objective on shares of Alphabet and gave the company a “buy” rating in a research report on Friday, April 22nd. Finally, Independent Research GmbH set a $840.00 price objective on shares of Alphabet and gave the company a “neutral” rating in a research report on Tuesday, April 26th. Four equities research analysts have rated the stock with a hold rating and forty-five have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $897.45.

The company has a market capitalization of $508.87 billion and a price-to-earnings ratio of 30.16. The firm’s 50 day moving average price is $709.74 and its 200 day moving average price is $717.18.

Alphabet (NASDAQ:GOOG) last posted its quarterly earnings data on Thursday, April 21st. The company reported $7.50 EPS for the quarter, missing the consensus estimate of $7.96 by $0.46. The company earned $20.26 billion during the quarter, compared to analyst estimates of $20.37 billion. During the same quarter last year, the firm posted $6.57 EPS. The company’s revenue was up 17.4% compared to the same quarter last year. On average, equities analysts anticipate that Alphabet Inc. will post $33.48 EPS for the current year.

In other Alphabet news, VP James Grier Campbell sold 505 shares of the business’s stock in a transaction on Thursday, April 28th. The shares were sold at an average price of $708.45, for a total transaction of $357,767.25. Following the sale, the vice president now owns 305 shares of the company’s stock, valued at approximately $216,077.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder Sergey Brin sold 33,332 shares of the business’s stock in a transaction on Monday, June 27th. The shares were sold at an average price of $673.30, for a total transaction of $22,442,435.60. Following the sale, the insider now directly owns 16,666 shares in the company, valued at approximately $11,221,217.80. The disclosure for this sale can be found here.

A number of large investors have modified their holdings of GOOG. Sumitomo Mitsui Trust Holdings Inc. acquired a new stake in shares of Alphabet during the fourth quarter worth about $649,879,000. California Public Employees Retirement System acquired a new stake in shares of Alphabet during the fourth quarter worth about $577,729,000. State of New Jersey Common Pension Fund D acquired a new stake in shares of Alphabet during the fourth quarter worth about $538,046,000. Vanguard Group Inc. boosted its stake in shares of Alphabet by 3.1% in the fourth quarter. Vanguard Group Inc. now owns 17,492,413 shares of the company’s stock worth $13,274,643,000 after buying an additional 528,943 shares during the last quarter. Finally, Henderson Group PLC acquired a new stake in shares of Alphabet during the fourth quarter worth about $276,891,000.

Alphabet Inc is a holding company. The Company holds interests in Google Inc (Google). The Company’s segments include Google and Other Bets. Google segment includes Internet products, such as Search, Ads, Commerce, Maps, YouTube, Apps, Cloud, Android, Chrome, Google Play, and hardware products, including Chromecast, Chromebooks and Nexus, which are sold by the Company.

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