Alphabet Inc. (NASDAQ:GOOG) CEO Sundar Pichai sold 4,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 15th. The shares were sold at an average price of $1,020.69, for a total transaction of $4,082,760.00. Following the completion of the sale, the chief executive officer now owns 949 shares in the company, valued at approximately $968,634.81. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Sundar Pichai also recently made the following trade(s):

  • On Wednesday, September 20th, Sundar Pichai sold 4,000 shares of Alphabet stock. The shares were sold at an average price of $924.36, for a total transaction of $3,697,440.00.
  • On Wednesday, November 1st, Sundar Pichai sold 4,000 shares of Alphabet stock. The shares were sold at an average price of $1,018.97, for a total transaction of $4,075,880.00.
  • On Wednesday, October 18th, Sundar Pichai sold 4,000 shares of Alphabet stock. The shares were sold at an average price of $993.58, for a total transaction of $3,974,320.00.
  • On Wednesday, October 4th, Sundar Pichai sold 4,000 shares of Alphabet stock. The shares were sold at an average price of $958.40, for a total transaction of $3,833,600.00.
  • On Wednesday, September 6th, Sundar Pichai sold 4,000 shares of Alphabet stock. The shares were sold at an average price of $931.44, for a total transaction of $3,725,760.00.

Shares of Alphabet Inc. (GOOG) traded up $11.59 during midday trading on Friday, reaching $1,032.50. 1,129,600 shares of the company were exchanged, compared to its average volume of 1,490,820. Alphabet Inc. has a one year low of $737.02 and a one year high of $1,048.39. The stock has a market cap of $713,510.00, a PE ratio of 34.18 and a beta of 0.96. The company has a debt-to-equity ratio of 0.03, a quick ratio of 5.73 and a current ratio of 5.77.

Alphabet (NASDAQ:GOOG) last issued its quarterly earnings results on Thursday, October 26th. The information services provider reported $9.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $8.31 by $1.26. Alphabet had a net margin of 20.09% and a return on equity of 14.26%. The company had revenue of $27.77 billion during the quarter, compared to analysts’ expectations of $27.17 billion. During the same period last year, the company posted $9.06 EPS. Alphabet’s revenue was up 23.7% on a year-over-year basis.

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Large investors have recently added to or reduced their stakes in the business. Perennial Advisors LLC increased its stake in Alphabet by 8.7% during the 2nd quarter. Perennial Advisors LLC now owns 3,232 shares of the information services provider’s stock valued at $2,937,000 after purchasing an additional 260 shares in the last quarter. Doyle Wealth Management grew its stake in shares of Alphabet by 6.7% in the second quarter. Doyle Wealth Management now owns 3,182 shares of the information services provider’s stock worth $2,891,000 after acquiring an additional 200 shares during the period. Carret Asset Management LLC grew its stake in shares of Alphabet by 1.5% in the first quarter. Carret Asset Management LLC now owns 9,982 shares of the information services provider’s stock worth $8,281,000 after acquiring an additional 145 shares during the period. AKO Capital LLP grew its stake in shares of Alphabet by 6.8% in the second quarter. AKO Capital LLP now owns 51,624 shares of the information services provider’s stock worth $46,912,000 after acquiring an additional 3,289 shares during the period. Finally, Rothschild Investment Corp IL grew its stake in shares of Alphabet by 1.7% in the second quarter. Rothschild Investment Corp IL now owns 10,809 shares of the information services provider’s stock worth $9,823,000 after acquiring an additional 184 shares during the period. Institutional investors and hedge funds own 34.28% of the company’s stock.

Several equities research analysts have recently commented on GOOG shares. Citigroup Inc. reissued a “buy” rating and set a $1,180.00 target price on shares of Alphabet in a research report on Thursday, July 27th. Morgan Stanley reissued a “buy” rating on shares of Alphabet in a research report on Friday, October 27th. BidaskClub raised shares of Alphabet from a “hold” rating to a “buy” rating in a research report on Friday, August 25th. The Goldman Sachs Group, Inc. reissued a “buy” rating on shares of Alphabet in a research report on Friday, October 20th. Finally, Wells Fargo & Company reissued a “buy” rating on shares of Alphabet in a research report on Friday, October 6th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and thirty-nine have assigned a buy rating to the stock. Alphabet presently has a consensus rating of “Buy” and an average target price of $1,047.52.

About Alphabet

Alphabet Inc is a holding company. The Company’s businesses include Google Inc (Google) and its Internet products, such as Access, Calico, CapitalG, GV, Nest, Verily, Waymo and X. The Company’s segments include Google and Other Bets. The Google segment includes its Internet products, such as Search, Ads, Commerce, Maps, YouTube, Google Cloud, Android, Chrome and Google Play, as well as its hardware initiatives.

Insider Buying and Selling by Quarter for Alphabet (NASDAQ:GOOG)

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