Alphabet Inc. (NASDAQ:GOOG) CEO Sundar Pichai sold 4,000 shares of Alphabet stock in a transaction dated Wednesday, September 6th. The stock was sold at an average price of $931.44, for a total value of $3,725,760.00. Following the sale, the chief executive officer now directly owns 1,618 shares of the company’s stock, valued at approximately $1,507,069.92. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

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

  • On Wednesday, August 16th, Sundar Pichai sold 4,000 shares of Alphabet stock. The stock was sold at an average price of $926.79, for a total value of $3,707,160.00.
  • On Wednesday, August 2nd, Sundar Pichai sold 4,000 shares of Alphabet stock. The shares were sold at an average price of $930.46, for a total value of $3,721,840.00.
  • On Wednesday, July 19th, Sundar Pichai sold 4,000 shares of Alphabet stock. The shares were sold at an average price of $969.92, for a total value of $3,879,680.00.
  • On Wednesday, July 5th, Sundar Pichai sold 4,000 shares of Alphabet stock. The shares were sold at an average price of $903.86, for a total value of $3,615,440.00.
  • On Wednesday, June 21st, Sundar Pichai sold 4,000 shares of Alphabet stock. The shares were sold at an average price of $955.25, for a total value of $3,821,000.00.

Alphabet Inc. (GOOG) traded up 0.88% on Thursday, reaching $935.95. The company’s stock had a trading volume of 1,212,743 shares. Alphabet Inc. has a 52 week low of $727.54 and a 52 week high of $988.25. The firm has a 50 day moving average price of $930.35 and a 200 day moving average price of $903.86. The stock has a market capitalization of $648.50 billion, a P/E ratio of 33.92 and a beta of 0.94.

Alphabet (NASDAQ:GOOG) last posted its earnings results on Monday, July 24th. The information services provider reported $5.01 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $4.43 by $0.58. The business had revenue of $26.01 billion for the quarter, compared to analyst estimates of $25.61 billion. Alphabet had a net margin of 19.49% and a return on equity of 13.66%. The business’s quarterly revenue was up 21.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $8.42 EPS. On average, equities analysts anticipate that Alphabet Inc. will post $30.59 EPS for the current year.

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Several brokerages have recently issued reports on GOOG. Canaccord Genuity cut Alphabet from a “buy” rating to a “hold” rating and set a $1,000.00 price objective for the company. in a report on Thursday, June 15th. They noted that the move was a valuation call. Pivotal Research reissued a “hold” rating and issued a $980.00 price objective (down previously from $990.00) on shares of Alphabet in a report on Monday, July 17th. BidaskClub raised Alphabet from a “hold” rating to a “buy” rating in a report on Friday, August 25th. Susquehanna Bancshares Inc reissued a “positive” rating and issued a $1,200.00 price objective on shares of Alphabet in a report on Wednesday, June 28th. Finally, Goldman Sachs Group, Inc. (The) reissued a “buy” rating on shares of Alphabet in a report on Tuesday, July 25th. One research analyst has rated the stock with a sell rating, six have given a hold rating and forty-one have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $1,030.53.

A number of hedge funds have recently modified their holdings of the business. Intl Fcstone Inc. acquired a new position in Alphabet in the 2nd quarter worth $722,000. Griffin Asset Management Inc. acquired a new stake in shares of Alphabet in the 2nd quarter valued at about $401,000. Gs Investments Inc. acquired a new stake in shares of Alphabet in the 2nd quarter valued at about $507,000. Aldebaran Financial Inc. raised its stake in shares of Alphabet by 55.6% in the 2nd quarter. Aldebaran Financial Inc. now owns 1,766 shares of the information services provider’s stock valued at $1,605,000 after purchasing an additional 631 shares in the last quarter. Finally, Kimelman & Baird LLC raised its stake in shares of Alphabet by 0.6% in the 2nd quarter. Kimelman & Baird LLC now owns 7,081 shares of the information services provider’s stock valued at $6,435,000 after purchasing an additional 45 shares in the last quarter. Hedge funds and other institutional investors own 34.55% of the company’s stock.

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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