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Google (NASDAQ:GOOG) Chairman Eric E. Schmidt sold 14,000 shares of the stock in a transaction dated Monday, August 25th. The shares were sold at an average price of $586.43, for a total transaction of $8,210,020.00. Following the transaction, the chairman now directly owns 597 shares in the company, valued at approximately $350,099. The sale was disclosed in a filing with the SEC, which is available at this link.

A number of analysts have recently weighed in on GOOG shares. Analysts at Stifel Nicolaus initiated coverage on shares of Google in a research note on Wednesday, August 13th. They set a “buy” rating and a $700.00 price target on the stock. Separately, analysts at Argus reiterated a “buy” rating on shares of Google in a research note on Monday, July 21st. Finally, analysts at Raymond James reiterated an “outperform” rating on shares of Google in a research note on Friday, July 18th. They now have a $655.00 price target on the stock, up previously from $645.00. Three investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. Google currently has a consensus rating of “Buy” and an average target price of $668.80.

Shares of Google (NASDAQ:GOOG) traded down 1.19% on Wednesday, hitting $571.00. 1,700,161 shares of the company’s stock traded hands. Google has a one year low of $502.80 and a one year high of $604.83. The stock’s 50-day moving average is $579.1 and its 200-day moving average is $558.. The company has a market cap of $386.2 billion and a price-to-earnings ratio of 29.94.

Google (NASDAQ:GOOG) last released its earnings data on Thursday, July 17th. The company reported $6.08 earnings per share for the quarter, missing the analysts’ consensus estimate of $6.25 by $0.17. The company had revenue of $15.96 billion for the quarter, compared to the consensus estimate of $15.61 billion. During the same quarter last year, the company posted $9.56 earnings per share. Google’s revenue was up 13.1% compared to the same quarter last year.

Google Inc (NASDAQ:GOOG), is a global technology company.

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