Google CEO Lawrence Page Unloads 41,670 Shares (GOOG)
Google (NASDAQ:GOOG) CEO Lawrence Page unloaded 41,670 shares of the company’s stock on the open market in a transaction dated Thursday, April 17th. The stock was sold at an average price of $541.62, for a total transaction of $22,569,305.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
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.
Google (NASDAQ:GOOG) traded up 1.17% on Tuesday, hitting $534.81. The stock had a trading volume of 2,359,421 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 $548.6 and a 200-day moving average of $548.6. The company has a market cap of $360.7 billion and a P/E ratio of 27.70.
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