Alphabet Inc. (NASDAQ:GOOG) CEO Lawrence Page sold 33,332 shares of the stock in a transaction that occurred on Friday, November 25th. The shares were sold at an average price of $771.38, for a total transaction of $25,711,638.16. Following the sale, the chief executive officer now directly owns 30,666 shares of the company’s stock, valued at approximately $23,655,139.08. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Lawrence Page also recently made the following trade(s):

  • On Monday, November 21st, Lawrence Page sold 33,332 shares of Alphabet stock. The shares were sold at an average price of $775.83, for a total transaction of $25,859,965.56.
  • On Friday, October 28th, Lawrence Page sold 16,670 shares of Alphabet stock. The shares were sold at an average price of $827.79, for a total transaction of $13,799,259.30.
  • On Thursday, October 27th, Lawrence Page sold 33,332 shares of Alphabet stock. The shares were sold at an average price of $806.49, for a total transaction of $26,881,924.68.
  • On Wednesday, October 26th, Lawrence Page sold 33,332 shares of Alphabet stock. The shares were sold at an average price of $811.20, for a total transaction of $27,038,918.40.
  • On Tuesday, October 25th, Lawrence Page sold 33,332 shares of Alphabet stock. The shares were sold at an average price of $819.25, for a total transaction of $27,307,241.00.
  • On Monday, October 24th, Lawrence Page sold 33,332 shares of Alphabet stock. The shares were sold at an average price of $823.31, for a total transaction of $27,442,568.92.
  • On Thursday, September 22nd, Lawrence Page sold 33,332 shares of Alphabet stock. The shares were sold at an average price of $800.62, for a total transaction of $26,686,265.84.
  • On Friday, September 23rd, Lawrence Page sold 33,340 shares of Alphabet stock. The shares were sold at an average price of $800.75, for a total transaction of $26,697,005.00.
  • On Tuesday, September 20th, Lawrence Page sold 33,332 shares of Alphabet stock. The shares were sold at an average price of $785.89, for a total transaction of $26,195,285.48.
  • On Monday, September 19th, Lawrence Page sold 33,332 shares of Alphabet stock. The shares were sold at an average price of $783.62, for a total transaction of $26,119,621.84.

Alphabet Inc. (NASDAQ:GOOG) traded up 0.34% during trading on Tuesday, hitting $770.84. 1,616,568 shares of the stock were exchanged. Alphabet Inc. has a one year low of $663.06 and a one year high of $816.68. The stock’s 50 day moving average is $778.59 and its 200-day moving average is $752.66. The company has a market cap of $531.29 billion, a price-to-earnings ratio of 28.21 and a beta of 1.01.

Alphabet (NASDAQ:GOOG) last released its quarterly earnings results on Thursday, October 27th. The company reported $9.06 earnings per share for the quarter, topping analysts’ consensus estimates of $8.62 by $0.44. Alphabet had a net margin of 22.29% and a return on equity of 15.08%. The business earned $22.45 billion during the quarter, compared to the consensus estimate of $13.17 billion. During the same quarter last year, the company earned $7.35 earnings per share. The business’s quarterly revenue was up 20.2% compared to the same quarter last year. 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)

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Institutional investors have recently made changes to their positions in the company. Riverpark Capital Management LLC boosted its position in shares of Alphabet by 22.8% in the second quarter. Riverpark Capital Management LLC now owns 7,719 shares of the company’s stock valued at $5,342,000 after buying an additional 1,434 shares during the period. Bank of Montreal Can purchased a new position in shares of Alphabet during the second quarter valued at about $927,982,000. Nordea Investment Management AB boosted its position in shares of Alphabet by 9.8% in the second quarter. Nordea Investment Management AB now owns 183,470 shares of the company’s stock valued at $126,980,000 after buying an additional 16,342 shares during the period. Palestra Capital Management LLC boosted its position in shares of Alphabet by 7.2% in the second quarter. Palestra Capital Management LLC now owns 43,400 shares of the company’s stock valued at $30,037,000 after buying an additional 2,900 shares during the period. Finally, Seaward Management Limited Partnership boosted its position in shares of Alphabet by 1.2% in the second quarter. Seaward Management Limited Partnership now owns 75,336 shares of the company’s stock valued at $52,140,000 after buying an additional 895 shares during the period. Hedge funds and other institutional investors own 34.27% of the company’s stock.

A number of analysts have recently weighed in on the stock. Goldman Sachs Group Inc. set a $970.00 price objective on shares of Alphabet and gave the stock a “buy” rating in a research note on Friday, October 28th. Needham & Company LLC reiterated a “buy” rating and issued a $925.00 price objective (up previously from $900.00) on shares of Alphabet in a research note on Friday, October 28th. Atlantic Securities reiterated a “buy” rating on shares of Alphabet in a research note on Friday, October 28th. JMP Securities set a $985.00 price objective on shares of Alphabet and gave the stock a “neutral” rating in a research note on Friday, October 28th. Finally, Nomura set a $950.00 price objective on shares of Alphabet and gave the stock a “buy” rating in a research note on Friday, October 28th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and forty-four have assigned a buy rating to the stock. Alphabet currently has a consensus rating of “Buy” and an average price target of $940.42.

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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