Sundar Pichai Sells 4,000 Shares of Alphabet Inc (GOOG) Stock

Alphabet Inc (NASDAQ:GOOG) CEO Sundar Pichai sold 4,000 shares of the firm’s stock in a transaction dated Wednesday, January 3rd. The shares were sold at an average price of $1,065.21, for a total transaction of $4,260,840.00. Following the transaction, the chief executive officer now directly owns 1,031 shares in the company, valued at $1,098,231.51. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

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

  • 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 transaction 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 transaction 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 transaction 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 transaction of $4,075,880.00.
  • 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.

Alphabet Inc (NASDAQ:GOOG) opened at $1,102.23 on Friday. The firm has a market cap of $769,110.00, a PE ratio of 36.72 and a beta of 0.94. The company has a debt-to-equity ratio of 0.03, a current ratio of 5.77 and a quick ratio of 5.73. Alphabet Inc has a 12 month low of $785.02 and a 12 month high of $1,104.25.

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

A number of research analysts recently weighed in on GOOG shares. Morgan Stanley reissued a “buy” rating on shares of Alphabet in a research report on Friday, October 27th. Goldman Sachs Group restated a “buy” rating on shares of Alphabet in a report on Friday, October 20th. Wells Fargo & Co restated a “buy” rating on shares of Alphabet in a report on Friday, October 6th. Piper Jaffray Companies restated an “overweight” rating and set a $1,150.00 price objective on shares of Alphabet in a report on Thursday, October 19th. Finally, Royal Bank of Canada restated a “buy” rating on shares of Alphabet in a report on Friday, October 27th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and thirty-eight have issued a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $1,046.04.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Burt Wealth Advisors grew its stake in Alphabet by 17.2% during the second quarter. Burt Wealth Advisors now owns 136 shares of the information services provider’s stock valued at $123,000 after acquiring an additional 20 shares in the last quarter. Signature Estate & Investment Advisors LLC grew its stake in Alphabet by 3.8% during the second quarter. Signature Estate & Investment Advisors LLC now owns 137 shares of the information services provider’s stock valued at $124,000 after acquiring an additional 5 shares in the last quarter. Archford Capital Strategies LLC grew its stake in Alphabet by 400.0% during the second quarter. Archford Capital Strategies LLC now owns 1,040 shares of the information services provider’s stock valued at $139,000 after acquiring an additional 832 shares in the last quarter. Almanack Investment Partners LLC. grew its stake in Alphabet by 4.5% during the second quarter. Almanack Investment Partners LLC. now owns 162 shares of the information services provider’s stock valued at $147,000 after acquiring an additional 7 shares in the last quarter. Finally, St. Johns Investment Management Company LLC grew its stake in Alphabet by 1,046.7% during the second quarter. St. Johns Investment Management Company LLC now owns 172 shares of the information services provider’s stock valued at $156,000 after acquiring an additional 157 shares in the last quarter. Hedge funds and other institutional investors own 34.63% of the company’s stock.

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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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