Traders bought shares of Alphabet Inc (NASDAQ:GOOG) on weakness during trading on Monday after an insider sold shares in the company. $577.88 million flowed into the stock on the tick-up and $430.82 million flowed out of the stock on the tick-down, for a money net flow of $147.06 million into the stock. Of all equities tracked, Alphabet had the 2nd highest net in-flow for the day. Alphabet traded down ($41.49) for the day and closed at $1,020.00Specifically, Director Ann Mather sold 24 shares of the stock in a transaction on Tuesday, September 4th. The stock was sold at an average price of $1,206.20, for a total transaction of $28,948.80. Following the transaction, the director now owns 1,898 shares of the company’s stock, valued at approximately $2,289,367.60. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director L John Doerr sold 11,908 shares of the stock in a transaction on Thursday, November 15th. The stock was sold at an average price of $1,049.76, for a total value of $12,500,542.08. Following the transaction, the director now directly owns 3,485 shares in the company, valued at approximately $3,658,413.60. The disclosure for this sale can be found here. In the last three months, insiders have sold 79,267 shares of company stock worth $89,342,038. Corporate insiders own 13.11% of the company’s stock.

Several research analysts recently weighed in on GOOG shares. Barclays reaffirmed a “buy” rating on shares of Alphabet in a research report on Friday, September 14th. Morgan Stanley reaffirmed a “buy” rating on shares of Alphabet in a research report on Wednesday, August 29th. DZ Bank reaffirmed a “buy” rating on shares of Alphabet in a research report on Thursday, October 18th. ValuEngine lowered Alphabet from a “buy” rating to a “hold” rating in a research report on Thursday, October 11th. Finally, Macquarie reaffirmed a “buy” rating on shares of Alphabet in a research report on Monday, September 10th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and twenty-nine have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $1,301.81.

The firm has a market cap of $738.67 billion, a PE ratio of 23.89 and a beta of 1.16. The company has a quick ratio of 4.10, a current ratio of 4.14 and a debt-to-equity ratio of 0.02.

Alphabet (NASDAQ:GOOG) last announced its quarterly earnings results on Thursday, October 25th. The information services provider reported $13.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $10.41 by $2.65. Alphabet had a return on equity of 19.40% and a net margin of 14.45%. The firm had revenue of $27.16 billion during the quarter.

A number of hedge funds and other institutional investors have recently made changes to their positions in GOOG. Trust Asset Management LLC increased its holdings in Alphabet by 86,154.5% in the 3rd quarter. Trust Asset Management LLC now owns 20,789,054 shares of the information services provider’s stock valued at $20,790,000 after purchasing an additional 20,764,952 shares in the last quarter. Summit Trail Advisors LLC increased its holdings in Alphabet by 132,719.3% in the 1st quarter. Summit Trail Advisors LLC now owns 18,679,702 shares of the information services provider’s stock valued at $18,680,000 after purchasing an additional 18,665,638 shares in the last quarter. Capital International Investors increased its holdings in Alphabet by 587.2% in the 3rd quarter. Capital International Investors now owns 3,885,216 shares of the information services provider’s stock valued at $4,636,889,000 after purchasing an additional 3,319,821 shares in the last quarter. Magellan Asset Management Ltd increased its holdings in Alphabet by 684.2% in the 1st quarter. Magellan Asset Management Ltd now owns 2,114,849 shares of the information services provider’s stock valued at $2,182,080,000 after purchasing an additional 1,845,160 shares in the last quarter. Finally, Private Advisor Group LLC increased its holdings in Alphabet by 18,323.9% in the 2nd quarter. Private Advisor Group LLC now owns 954,357 shares of the information services provider’s stock valued at $1,064,798,000 after purchasing an additional 949,177 shares in the last quarter. Hedge funds and other institutional investors own 33.96% of the company’s stock.

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Alphabet Company Profile (NASDAQ:GOOG)

Alphabet Inc, through its subsidiaries, provides online advertising services in the United States and internationally. The company offers performance and brand advertising services. It operates through Google and Other Bets segments. The Google segment includes principal Internet products, such as Ads, Android, Chrome, Commerce, Google Cloud, Google Maps, Google Play, Hardware, Search, and YouTube, as well as technical infrastructure and newer efforts, including Virtual Reality.

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