Alphabet Inc. (NASDAQ:GOOG) CEO Sundar Pichai sold 4,000 shares of the stock in a transaction dated Wednesday, November 16th. The stock was sold at an average price of $756.63, for a total transaction of $3,026,520.00. Following the completion of the sale, the chief executive officer now directly owns 42,779 shares in the company, valued at $32,367,874.77. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

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

  • On Wednesday, November 2nd, Sundar Pichai sold 4,000 shares of Alphabet stock. The stock was sold at an average price of $780.38, for a total transaction of $3,121,520.00.
  • On Wednesday, October 19th, Sundar Pichai sold 4,000 shares of Alphabet stock. The stock was sold at an average price of $801.27, for a total transaction of $3,205,080.00.
  • On Wednesday, October 5th, Sundar Pichai sold 4,000 shares of Alphabet stock. The stock was sold at an average price of $781.81, for a total transaction of $3,127,240.00.
  • On Wednesday, September 21st, Sundar Pichai sold 4,000 shares of Alphabet stock. The stock was sold at an average price of $775.34, for a total transaction of $3,101,360.00.
  • On Wednesday, September 7th, Sundar Pichai sold 4,000 shares of Alphabet stock. The stock was sold at an average price of $782.62, for a total transaction of $3,130,480.00.

Alphabet Inc. (NASDAQ:GOOG) traded up 0.79% on Wednesday, reaching $764.48. The company had a trading volume of 1,472,449 shares. The stock has a market capitalization of $526.91 billion, a P/E ratio of 27.98 and a beta of 1.01. Alphabet Inc. has a 12 month low of $663.06 and a 12 month high of $816.68. The firm has a 50-day moving average of $781.12 and a 200-day moving average of $748.96.

Alphabet (NASDAQ:GOOG) last posted its quarterly earnings data on Thursday, October 27th. The company reported $9.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $8.62 by $0.44. Alphabet had a return on equity of 15.08% and a net margin of 22.29%. The business had revenue of $22.45 billion for the quarter, compared to analysts’ expectations of $13.17 billion. During the same quarter last year, the firm earned $7.35 earnings per share. The business’s revenue was up 20.2% on a year-over-year basis. On average, equities research analysts expect that Alphabet Inc. will post $34.42 earnings per share for the current fiscal year.

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

GOOG has been the topic of a number of recent analyst reports. Atlantic Securities set a $910.00 price target on shares of Alphabet and gave the stock a “buy” rating in a report on Friday, July 29th. JMP Securities set a $928.00 target price on shares of Alphabet and gave the company a “buy” rating in a research note on Friday, July 29th. Needham & Company LLC raised their target price on shares of Alphabet from $825.00 to $900.00 and gave the company a “buy” rating in a research note on Friday, July 29th. Jefferies Group reaffirmed a “buy” rating and issued a $1,000.00 target price (up from $925.00) on shares of Alphabet in a research note on Friday, July 29th. Finally, MKM Partners reaffirmed a “buy” rating and issued a $930.00 target price on shares of Alphabet in a research note on Tuesday, July 26th. One analyst has rated the stock with a sell rating, three have issued a hold rating and forty-four have issued a buy rating to the stock. Alphabet has an average rating of “Buy” and a consensus price target of $940.42.

Large investors have recently bought and sold shares of the company. Bank of Montreal Can purchased a new position in shares of Alphabet during the second quarter valued at $927,982,000. Magellan Asset Management Ltd raised its position in shares of Alphabet by 186.5% in the second quarter. Magellan Asset Management Ltd now owns 1,435,391 shares of the company’s stock valued at $993,434,000 after buying an additional 934,412 shares during the period. Winslow Capital Management LLC purchased a new position in shares of Alphabet during the second quarter valued at $498,110,000. Emerald Acquisition Ltd. purchased a new position in shares of Alphabet during the second quarter valued at $481,330,000. Finally, Jana Partners LLC purchased a new position in shares of Alphabet during the first quarter valued at $472,266,000. Institutional investors and hedge funds own 34.41% of the company’s stock.

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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