Insider Selling: Lawrence Page Sells 16,666 Shares of Google Stock (GOOG)
Google (NASDAQ:GOOG) CEO Lawrence Page sold 16,666 shares of the stock in a transaction that occurred on Monday, January 13th. The stock was sold at an average price of $1,135.38, for a total transaction of $18,922,243.08. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
A number of research firms have recently commented on GOOG. Analysts at Nomura initiated coverage on shares of Google in a research note to investors on Wednesday. They set a “buy” rating and a $1,300.00 price target on the stock. Separately, analysts at Morgan Stanley reiterated an “overweight” rating on shares of Google in a research note to investors on Tuesday. Finally, analysts at SunTrust reiterated a “buy” rating on shares of Google in a research note to investors on Tuesday. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating, twenty-eight have issued a buy rating and one has assigned a strong buy rating to the company. Google presently has an average rating of “Buy” and an average price target of $1,076.81.
Google Inc (NASDAQ:GOOG) is a global technology company focused on improving the ways people connect with information.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.