Alphabet Inc. (NASDAQ:GOOG) CEO Sundar Pichai sold 4,000 shares of the company’s stock in a transaction that occurred on Wednesday, October 4th. The stock was sold at an average price of $958.40, for a total value of $3,833,600.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

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

  • 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.
  • On Wednesday, August 2nd, Sundar Pichai sold 4,000 shares of Alphabet stock. The stock was 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 stock was sold at an average price of $969.92, for a total value of $3,879,680.00.

Alphabet Inc. (NASDAQ:GOOG) traded up 1.50% during trading on Thursday, reaching $965.99. The company had a trading volume of 479,831 shares. The stock has a market cap of $669.31 billion, a P/E ratio of 35.01 and a beta of 0.94. The firm has a 50-day moving average price of $929.62 and a 200 day moving average price of $917.34. Alphabet Inc. has a 12-month low of $727.54 and a 12-month high of $988.25.

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 Zacks’ consensus estimate of $4.43 by $0.58. The business had revenue of $26.01 billion for the quarter, compared to analysts’ expectations of $25.61 billion. Alphabet had a net margin of 19.49% and a return on equity of 13.66%. The firm’s revenue for the quarter was up 21.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $8.42 earnings per share. Equities research analysts predict that Alphabet Inc. will post $30.59 EPS for the current fiscal year.

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A number of equities research analysts recently weighed in on GOOG shares. J P Morgan Chase & Co restated a “buy” rating on shares of Alphabet in a report on Tuesday, July 25th. Goldman Sachs Group, Inc. (The) restated a “buy” rating on shares of Alphabet in a report on Wednesday, June 28th. Vetr cut Alphabet from a “strong-buy” rating to a “buy” rating and set a $1,033.60 price target on the stock. in a report on Wednesday, August 30th. Canaccord Genuity cut Alphabet from a “buy” rating to a “hold” rating and set a $1,000.00 target price on the stock. in a report on Thursday, June 15th. They noted that the move was a valuation call. Finally, UBS AG reiterated a “buy” rating and set a $1,080.00 target price on shares of Alphabet in a report on Monday, September 11th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and thirty-nine have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $1,034.31.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Cambridge Advisors Inc. increased its stake in Alphabet by 0.4% in the first quarter. Cambridge Advisors Inc. now owns 272 shares of the information services provider’s stock valued at $226,000 after acquiring an additional 1 shares during the period. Capital Investment Advisory Services LLC increased its stake in Alphabet by 0.4% in the second quarter. Capital Investment Advisory Services LLC now owns 253 shares of the information services provider’s stock valued at $230,000 after acquiring an additional 1 shares during the period. Capital Advantage Inc. increased its stake in Alphabet by 0.4% in the second quarter. Capital Advantage Inc. now owns 273 shares of the information services provider’s stock valued at $248,000 after acquiring an additional 1 shares during the period. Foster & Motley Inc. increased its stake in Alphabet by 0.8% in the second quarter. Foster & Motley Inc. now owns 265 shares of the information services provider’s stock valued at $241,000 after acquiring an additional 2 shares during the period. Finally, Gradient Investments LLC increased its stake in Alphabet by 0.6% in the second quarter. Gradient Investments LLC now owns 506 shares of the information services provider’s stock valued at $460,000 after acquiring an additional 3 shares during the period. 34.53% of the stock is currently owned by institutional investors and hedge funds.

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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