Alphabet Inc. (NASDAQ:GOOG) Director Ann Mather sold 38 shares of the company’s stock in a transaction that occurred on Wednesday, November 1st. The shares were sold at an average price of $1,017.21, for a total transaction of $38,653.98. Following the completion of the sale, the director now directly owns 1,805 shares of the company’s stock, valued at approximately $1,836,064.05. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Ann Mather also recently made the following trade(s):

  • On Monday, October 2nd, Ann Mather sold 38 shares of Alphabet stock. The shares were sold at an average price of $959.26, for a total transaction of $36,451.88.
  • On Friday, September 1st, Ann Mather sold 37 shares of Alphabet stock. The shares were sold at an average price of $940.67, for a total transaction of $34,804.79.

Alphabet (NASDAQ:GOOG) last announced its quarterly earnings results on Thursday, October 26th. The information services provider reported $9.57 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $27.77 billion for the quarter, compared to the consensus estimate of $27.17 billion. During the same period in the prior year, the firm posted $9.06 earnings per share. The company’s revenue for the quarter was up 23.7% on a year-over-year basis.

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Institutional investors have recently made changes to their positions in the company. Burt Wealth Advisors lifted its holdings in shares of Alphabet by 17.2% in the second quarter. Burt Wealth Advisors now owns 136 shares of the information services provider’s stock worth $123,000 after buying an additional 20 shares in the last quarter. Signature Estate & Investment Advisors LLC lifted its holdings in shares of Alphabet by 3.8% in the second quarter. Signature Estate & Investment Advisors LLC now owns 137 shares of the information services provider’s stock worth $124,000 after buying an additional 5 shares in the last quarter. Riggs Asset Managment Co. Inc. lifted its holdings in shares of Alphabet by 39.6% in the second quarter. Riggs Asset Managment Co. Inc. now owns 141 shares of the information services provider’s stock worth $128,000 after buying an additional 40 shares in the last quarter. Farmers National Bank lifted its holdings in shares of Alphabet by 15.0% in the first quarter. Farmers National Bank now owns 161 shares of the information services provider’s stock worth $134,000 after buying an additional 21 shares in the last quarter. Finally, Archford Capital Strategies LLC lifted its holdings in shares of Alphabet by 400.0% in the second quarter. Archford Capital Strategies LLC now owns 1,040 shares of the information services provider’s stock worth $139,000 after buying an additional 832 shares in the last quarter. 34.50% of the stock is currently owned by hedge funds and other institutional investors.

Several equities research analysts have commented on the stock. J P Morgan Chase & Co reaffirmed a “buy” rating on shares of Alphabet in a research note on Tuesday, July 25th. Canaccord Genuity reaffirmed a “hold” rating and issued a $1,000.00 target price on shares of Alphabet in a research note on Thursday, July 27th. SunTrust Banks, Inc. assumed coverage on shares of Alphabet in a research note on Wednesday, August 16th. They issued a “buy” rating and a $1,100.00 target price for the company. JMP Securities reaffirmed a “buy” rating on shares of Alphabet in a research note on Friday, October 27th. Finally, Cantor Fitzgerald reaffirmed a “buy” rating on shares of Alphabet in a research note on Friday, October 27th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and thirty-eight have assigned a buy rating to the company’s stock. Alphabet has an average rating of “Buy” and a consensus price target 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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