Alphabet Inc. (NASDAQ:GOOG) CEO Sundar Pichai sold 4,000 shares of the company’s stock in a transaction on Wednesday, November 1st. The shares were sold at an average price of $1,018.97, for a total transaction of $4,075,880.00. Following the completion of the sale, the chief executive officer now directly owns 1,699 shares in the company, valued at $1,731,230.03. The transaction was disclosed in a filing with the SEC, which is available 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 shares were sold at an average price of $993.58, for a total transaction of $3,974,320.00.
  • On Wednesday, October 4th, Sundar Pichai sold 4,000 shares of Alphabet stock. The shares were sold at an average price of $958.40, for a total transaction of $3,833,600.00.
  • On Wednesday, September 6th, Sundar Pichai sold 4,000 shares of Alphabet stock. The shares were sold at an average price of $931.44, for a total transaction of $3,725,760.00.
  • On Wednesday, August 16th, Sundar Pichai sold 4,000 shares of Alphabet stock. The shares were sold at an average price of $926.79, for a total transaction of $3,707,160.00.

Shares of Alphabet Inc. (NASDAQ GOOG) traded up $6.44 during trading hours on Friday, hitting $1,031.94. The stock had a trading volume of 438,830 shares, compared to its average volume of 1,493,254. The firm has a market cap of $710,600.75, a PE ratio of 34.33 and a beta of 0.95.

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, topping the Zacks’ consensus estimate of $8.31 by $1.26. The firm had revenue of $27.77 billion during the quarter, compared to analysts’ expectations of $27.17 billion. Alphabet had a return on equity of 14.26% and a net margin of 20.09%. Alphabet’s quarterly revenue was up 23.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $9.06 EPS.

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A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its holdings in Alphabet by 3.0% in the 2nd quarter. Vanguard Group Inc. now owns 20,440,038 shares of the information services provider’s stock worth $18,574,476,000 after acquiring an additional 589,654 shares during the period. BlackRock Inc. boosted its holdings in Alphabet by 4.8% in the 2nd quarter. BlackRock Inc. now owns 18,058,006 shares of the information services provider’s stock worth $16,409,850,000 after acquiring an additional 826,480 shares during the period. FMR LLC boosted its holdings in Alphabet by 0.4% in the 2nd quarter. FMR LLC now owns 13,971,679 shares of the information services provider’s stock worth $12,696,484,000 after acquiring an additional 62,507 shares during the period. State Street Corp raised its position in shares of Alphabet by 0.3% in the 1st quarter. State Street Corp now owns 12,067,675 shares of the information services provider’s stock valued at $10,010,859,000 after purchasing an additional 36,864 shares in the last quarter. Finally, Capital World Investors raised its position in shares of Alphabet by 13.9% in the 2nd quarter. Capital World Investors now owns 6,371,356 shares of the information services provider’s stock valued at $5,789,842,000 after purchasing an additional 776,853 shares in the last quarter. Hedge funds and other institutional investors own 34.50% of the company’s stock.

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

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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