Alphabet Inc. (NASDAQ:GOOG) insider Sergey Brin sold 33,332 shares of the stock in a transaction that occurred on Thursday, September 29th. The stock was sold at an average price of $748.75, for a total transaction of $24,957,335.00. Following the completion of the transaction, the insider now owns 16,666 shares in the company, valued at approximately $12,478,667.50. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Sergey Brin also recently made the following trade(s):

  • On Friday, September 30th, Sergey Brin sold 33,340 shares of Alphabet stock. The stock was sold at an average price of $791.77, for a total transaction of $26,397,611.80.
  • On Tuesday, September 27th, Sergey Brin sold 33,332 shares of Alphabet stock. The stock was sold at an average price of $796.59, for a total transaction of $26,551,937.88.
  • On Wednesday, September 28th, Sergey Brin sold 33,332 shares of Alphabet stock. The stock was sold at an average price of $792.82, for a total transaction of $26,426,276.24.
  • On Monday, September 26th, Sergey Brin sold 33,332 shares of Alphabet stock. The stock was sold at an average price of $789.56, for a total transaction of $26,317,613.92.
  • On Friday, August 26th, Sergey Brin sold 33,340 shares of Alphabet stock. The stock was sold at an average price of $778.43, for a total transaction of $25,952,856.20.
  • On Thursday, August 25th, Sergey Brin sold 33,332 shares of Alphabet stock. The stock was sold at an average price of $780.05, for a total transaction of $26,000,626.60.
  • On Wednesday, August 24th, Sergey Brin sold 33,332 shares of Alphabet stock. The stock was sold at an average price of $782.21, for a total transaction of $26,072,623.72.
  • On Tuesday, August 23rd, Sergey Brin sold 66,664 shares of Alphabet stock. The stock was sold at an average price of $785.10, for a total transaction of $52,337,906.40.
  • On Friday, August 5th, Sergey Brin sold 33,340 shares of Alphabet stock. The stock was sold at an average price of $792.36, for a total transaction of $26,417,282.40.
  • On Thursday, August 4th, Sergey Brin sold 33,332 shares of Alphabet stock. The stock was sold at an average price of $784.66, for a total transaction of $26,154,287.12.

Shares of Alphabet Inc. (NASDAQ:GOOG) opened at 772.56 on Tuesday. Alphabet Inc. has a one year low of $625.56 and a one year high of $789.87. The stock has a market capitalization of $530.96 billion, a price-to-earnings ratio of 29.93 and a beta of 1.03. The company has a 50-day moving average of $773.49 and a 200 day moving average of $739.24.

Alphabet (NASDAQ:GOOG) last announced its quarterly earnings data on Thursday, July 28th. The company reported $8.42 earnings per share for the quarter, topping the Zacks’ consensus estimate of $8.03 by $0.39. Alphabet had a return on equity of 14.74% and a net margin of 22.00%. The firm had revenue of $21.50 billion for the quarter, compared to analyst estimates of $20.74 billion. During the same quarter in the prior year, the company posted $6.99 earnings per share. Alphabet’s quarterly revenue was up 21.3% on a year-over-year basis. Equities research analysts forecast that Alphabet Inc. will post $34.30 earnings per share for the current fiscal year.

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

A number of brokerages have recently commented on GOOG. Citigroup Inc. reaffirmed a “buy” rating and set a $900.00 price objective on shares of Alphabet in a research note on Saturday, June 18th. Stifel Nicolaus reaffirmed a “buy” rating and set a $925.00 price objective (up previously from $888.00) on shares of Alphabet in a research note on Friday, July 29th. Longbow Research began coverage on shares of Alphabet in a research note on Wednesday, July 6th. They set a “buy” rating on the stock. Macquarie reaffirmed an “outperform” rating and set a $975.00 price objective on shares of Alphabet in a research note on Friday, July 29th. Finally, Goldman Sachs Group Inc. set a $810.00 price objective on shares of Alphabet and gave the stock a “buy” rating in a research note on Wednesday, July 20th. One analyst has rated the stock with a sell rating, one has given a hold rating, forty-five have assigned a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $925.99.

A number of hedge funds and other institutional investors have recently made changes to their positions in GOOG. Mesirow Financial Investment Management Equity Management purchased a new stake in Alphabet during the second quarter valued at $121,000. Whitnell & Co. raised its stake in Alphabet by 20.6% in the second quarter. Whitnell & Co. now owns 187 shares of the company’s stock valued at $129,000 after buying an additional 32 shares during the period. D. Scott Neal Inc. raised its stake in Alphabet by 2,000.0% in the second quarter. D. Scott Neal Inc. now owns 210 shares of the company’s stock valued at $145,000 after buying an additional 200 shares during the period. Pathstone Family Office LLC raised its stake in Alphabet by 7.2% in the second quarter. Pathstone Family Office LLC now owns 222 shares of the company’s stock valued at $154,000 after buying an additional 15 shares during the period. Finally, Cacti Asset Management LLC purchased a new stake in Alphabet during the second quarter valued at $159,000. 34.39% of the stock is currently owned by hedge funds and other institutional investors.

About Alphabet

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.

5 Day Chart for NASDAQ:GOOG

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