Alphabet Inc. (NASDAQ:GOOG) CEO Sundar Pichai sold 4,000 shares of Alphabet stock in a transaction on Wednesday, November 1st. The stock was sold at an average price of $1,018.97, for a total value of $4,075,880.00. Following the completion of the transaction, the chief executive officer now owns 1,699 shares in the company, valued at $1,731,230.03. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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

  • On Wednesday, October 18th, Sundar Pichai sold 4,000 shares of Alphabet stock. The stock was sold at an average price of $993.58, for a total value of $3,974,320.00.
  • On Wednesday, October 4th, Sundar Pichai sold 4,000 shares of Alphabet stock. The stock was sold at an average price of $958.40, for a total value of $3,833,600.00.
  • On Wednesday, September 6th, Sundar Pichai sold 4,000 shares of Alphabet stock. The stock was sold at an average price of $931.44, for a total value of $3,725,760.00.
  • 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.

Alphabet (NASDAQ:GOOG) last released its quarterly earnings results on Thursday, October 26th. The information services provider reported $9.57 earnings per share for the quarter, beating analysts’ consensus estimates of $8.31 by $1.26. Alphabet had a net margin of 20.09% and a return on equity of 14.26%. The company had revenue of $27.77 billion during the quarter, compared to the consensus estimate of $27.17 billion. During the same period in the previous year, the business earned $9.06 earnings per share. The firm’s quarterly revenue was up 23.7% on a year-over-year basis.

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Several hedge funds and other institutional investors have recently added to or reduced their stakes in GOOG. Janus Henderson Group PLC raised its position in shares of Alphabet by 759.0% in the second quarter. Janus Henderson Group PLC now owns 3,204,087 shares of the information services provider’s stock valued at $2,911,734,000 after buying an additional 2,831,099 shares in the last quarter. Harbour Capital Advisors LLC raised its position in shares of Alphabet by 87,001.5% in the second quarter. Harbour Capital Advisors LLC now owns 1,993,754 shares of the information services provider’s stock valued at $2,194,000 after buying an additional 1,991,465 shares in the last quarter. Koch Industries Inc. raised its position in shares of Alphabet by 214,636.6% in the second quarter. Koch Industries Inc. now owns 1,161,725 shares of the information services provider’s stock valued at $1,160,000 after buying an additional 1,161,184 shares in the last quarter. BlackRock Inc. raised its position in shares of Alphabet by 4.8% in the second quarter. BlackRock Inc. now owns 18,058,006 shares of the information services provider’s stock valued at $16,409,850,000 after buying an additional 826,480 shares in the last quarter. Finally, Capital World Investors raised its position in shares of Alphabet by 13.9% in the second quarter. Capital World Investors now owns 6,371,356 shares of the information services provider’s stock valued at $5,789,842,000 after buying an additional 776,853 shares in the last quarter. Institutional investors own 34.50% of the company’s stock.

A number of brokerages recently issued reports on GOOG. Oppenheimer Holdings, Inc. restated an “outperform” rating on shares of Alphabet in a report on Friday, October 27th. UBS AG restated a “buy” rating on shares of Alphabet in a report on Friday, October 27th. Goldman Sachs Group, Inc. (The) reiterated a “buy” rating on shares of Alphabet in a report on Friday, October 27th. Macquarie reiterated a “buy” rating on shares of Alphabet in a report on Friday, October 27th. Finally, Wells Fargo & Company reiterated a “buy” rating on shares of Alphabet in a report on Friday, October 27th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and thirty-eight have assigned a buy rating to the company. Alphabet currently has an average rating of “Buy” and a consensus target price of $1,045.44.

Alphabet Company Profile

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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