Press coverage about Alphabet (NASDAQ:GOOG) has been trending somewhat positive recently, according to Accern Sentiment. The research group ranks the sentiment of news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Alphabet earned a news impact score of 0.12 on Accern’s scale. Accern also gave media coverage about the information services provider an impact score of 44.330803048978 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Here are some of the news headlines that may have effected Accern Sentiment Analysis’s rankings:

Alphabet (NASDAQ:GOOG) traded down $13.41 during midday trading on Friday, reaching $1,019.09. 1,350,144 shares of the company’s stock traded hands, compared to its average volume of 1,427,241. The company has a debt-to-equity ratio of 0.03, a current ratio of 5.77 and a quick ratio of 5.73. The stock has a market capitalization of $708,064.81, a price-to-earnings ratio of 34.12 and a beta of 0.95. Alphabet has a 52 week low of $737.02 and a 52 week high of $1,048.39.

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

A number of analysts have weighed in on GOOG shares. Citigroup Inc. restated a “buy” rating and set a $1,180.00 price objective on shares of Alphabet in a research note on Thursday, July 27th. Morgan Stanley reaffirmed a “buy” rating on shares of Alphabet in a report on Friday, October 27th. BidaskClub raised shares of Alphabet from a “hold” rating to a “buy” rating in a report on Friday, August 25th. Goldman Sachs Group, Inc. (The) reaffirmed a “buy” rating on shares of Alphabet in a report on Friday, October 20th. Finally, Wells Fargo & Company reaffirmed a “buy” rating on shares of Alphabet in a report on Friday, October 6th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and thirty-eight have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $1,047.52.

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In other news, CEO Sundar Pichai sold 4,000 shares of the business’s stock in a transaction on Wednesday, September 20th. The shares were sold at an average price of $924.36, for a total transaction of $3,697,440.00. Following the completion of the sale, the chief executive officer now directly owns 1,324 shares of the company’s stock, valued at $1,223,852.64. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP James Grier Campbell sold 183 shares of the business’s stock in a transaction on Tuesday, September 5th. The shares were sold at an average price of $933.08, for a total transaction of $170,753.64. The disclosure for this sale can be found here. Insiders have sold 38,394 shares of company stock valued at $37,937,930 over the last ninety days. 13.92% of the stock is owned by insiders.

Alphabet Company Profile

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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