Alphabet Inc. (NASDAQ:GOOG) CEO Sundar Pichai sold 4,000 shares of the firm’s stock in a transaction on Wednesday, November 15th. The stock was sold at an average price of $1,020.69, for a total value of $4,082,760.00. Following the completion of the sale, the chief executive officer now directly owns 949 shares of the company’s stock, valued at $968,634.81. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

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

  • On Wednesday, September 20th, Sundar Pichai sold 4,000 shares of Alphabet stock. The stock was sold at an average price of $924.36, for a total value of $3,697,440.00.
  • On Wednesday, November 1st, Sundar Pichai sold 4,000 shares of Alphabet stock. The stock was sold at an average price of $1,018.97, for a total value of $4,075,880.00.
  • On Wednesday, October 18th, Sundar Pichai sold 4,000 shares of Alphabet stock. The stock was sold at an average price of $993.58, for a total value of $3,974,320.00.
  • On Wednesday, October 4th, Sundar Pichai sold 4,000 shares of Alphabet stock. The stock was sold at an average price of $958.40, for a total value of $3,833,600.00.
  • On Wednesday, September 6th, Sundar Pichai sold 4,000 shares of Alphabet stock. The stock was sold at an average price of $931.44, for a total value of $3,725,760.00.

Alphabet Inc. (NASDAQ:GOOG) opened at $1,019.09 on Friday. The stock has a market capitalization of $708,064.81, a P/E ratio of 34.12 and a beta of 0.95. The company has a quick ratio of 5.73, a current ratio of 5.77 and a debt-to-equity ratio of 0.03. Alphabet Inc. has a twelve month low of $737.02 and a twelve month high of $1,048.39.

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

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Several large investors have recently added to or reduced their stakes in GOOG. Wetherby Asset Management Inc. increased its holdings in shares of Alphabet by 2.1% in the first quarter. Wetherby Asset Management Inc. now owns 3,311 shares of the information services provider’s stock valued at $2,747,000 after purchasing an additional 68 shares during the period. Perennial Advisors LLC increased its holdings in shares of Alphabet by 1.9% in the first quarter. Perennial Advisors LLC now owns 2,972 shares of the information services provider’s stock valued at $2,465,000 after purchasing an additional 54 shares during the period. Sumitomo Mitsui Asset Management Company LTD increased its holdings in shares of Alphabet by 6.3% in the first quarter. Sumitomo Mitsui Asset Management Company LTD now owns 98,513 shares of the information services provider’s stock valued at $81,722,000 after purchasing an additional 5,865 shares during the period. Saratoga Research & Investment Management acquired a new position in shares of Alphabet in the first quarter valued at approximately $211,000. Finally, Cottage Street Advisors LLC increased its holdings in shares of Alphabet by 17.9% in the first quarter. Cottage Street Advisors LLC now owns 3,963 shares of the information services provider’s stock valued at $3,295,000 after purchasing an additional 603 shares during the period. 34.28% of the stock is currently owned by institutional investors and hedge funds.

A number of analysts have issued reports on GOOG shares. Cowen and Company reaffirmed an “outperform” rating and issued a $1,075.00 target price on shares of Alphabet in a research note on Thursday, August 10th. UBS AG reaffirmed a “buy” rating on shares of Alphabet in a research note on Friday, October 27th. Wells Fargo & Company reaffirmed a “buy” rating on shares of Alphabet in a research note on Friday, October 27th. J P Morgan Chase & Co reaffirmed a “buy” rating on shares of Alphabet in a research note on Tuesday, July 25th. Finally, Societe Generale reaffirmed a “buy” rating on shares of Alphabet in a research note on Friday, October 27th. One equities research 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’s stock. The company has a consensus rating of “Buy” and an average price target of $1,047.52.

About Alphabet

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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