Alphabet Inc (NASDAQ:GOOG) CEO Sundar Pichai sold 4,000 shares of the business’s stock in a transaction dated Wednesday, January 17th. The shares were sold at an average price of $1,127.17, for a total value of $4,508,680.00. Following the completion of the sale, the chief executive officer now directly owns 656 shares of the company’s stock, valued at $739,423.52. The sale was disclosed in a legal filing with the SEC, which is available through this link.

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

  • On Wednesday, January 3rd, Sundar Pichai sold 4,000 shares of Alphabet stock. The shares were sold at an average price of $1,065.21, for a total value of $4,260,840.00.
  • On Wednesday, December 20th, Sundar Pichai sold 4,000 shares of Alphabet stock. The shares were sold at an average price of $1,072.64, for a total value of $4,290,560.00.
  • On Wednesday, December 6th, Sundar Pichai sold 4,000 shares of Alphabet stock. The shares were sold at an average price of $1,002.86, for a total value of $4,011,440.00.
  • On Wednesday, November 15th, Sundar Pichai sold 4,000 shares of Alphabet stock. The shares were sold at an average price of $1,020.69, for a total value of $4,082,760.00.
  • On Wednesday, November 1st, Sundar Pichai sold 4,000 shares of Alphabet stock. The shares were sold at an average price of $1,018.97, for a total value of $4,075,880.00.

Shares of Alphabet Inc (NASDAQ GOOG) opened at $1,137.51 on Friday. The company has a quick ratio of 5.73, a current ratio of 5.77 and a debt-to-equity ratio of 0.03. The company has a market cap of $797,830.00, a P/E ratio of 37.89 and a beta of 0.94. Alphabet Inc has a 1-year low of $790.52 and a 1-year high of $1,139.91.

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

A number of research firms have issued reports on GOOG. Morningstar reiterated a “neutral” rating on shares of Alphabet in a research note on Friday. SunTrust Banks lifted their price target on Alphabet to $1,250.00 and gave the company a “buy” rating in a research note on Friday, January 12th. Morgan Stanley reiterated a “buy” rating on shares of Alphabet in a research note on Friday, January 12th. Vetr downgraded Alphabet from a “sell” rating to a “strong sell” rating and set a $949.65 price target for the company. in a research note on Wednesday, January 10th. Finally, BidaskClub upgraded Alphabet from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, January 10th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating, thirty-seven have issued a buy rating and one has issued a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $1,052.31.

A number of hedge funds have recently modified their holdings of GOOG. Janus Henderson Group PLC raised its holdings in Alphabet by 759.0% during the 2nd 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 acquiring an additional 2,831,099 shares during the period. Harbour Capital Advisors LLC increased its holdings 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 worth $2,194,000 after purchasing an additional 1,991,465 shares during the period. Koch Industries Inc. increased its holdings 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 worth $1,160,000 after purchasing an additional 1,161,184 shares during the period. BlackRock Inc. increased its holdings 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 worth $16,409,850,000 after purchasing an additional 826,480 shares during the period. Finally, Capital World Investors increased its holdings 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 worth $5,789,842,000 after purchasing an additional 776,853 shares during the period. 34.65% of the stock is currently owned by institutional investors and hedge funds.

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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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