Google CEO Lawrence Page Unloads 41,670 Shares (GOOG)
Google (NASDAQ:GOOG) CEO Lawrence Page sold 41,670 shares of the company’s stock in a transaction that occurred on Thursday, April 17th. The shares were sold at an average price of $541.62, for a total value of $22,569,305.40. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Google (NASDAQ:GOOG) traded down 1.40% during mid-day trading on Monday, hitting $528.62. The stock had a trading volume of 2,561,214 shares. Google has a 1-year low of $518.46 and a 1-year high of $604.83. The stock has a 50-day moving average of $549.4 and a 200-day moving average of $549.4. The company has a market cap of $356.5 billion and a P/E ratio of 28.09.
Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Google in a research note on Sunday. They now have a $625.00 price target on the stock.
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