Alphabet Inc. (NASDAQ:GOOG) CEO Lawrence Page sold 33,332 shares of the company’s stock in a transaction that occurred on Friday, November 25th. The stock was sold at an average price of $771.38, for a total transaction of $25,711,638.16. Following the completion of the sale, the chief executive officer now directly owns 30,666 shares of the company’s stock, valued at $23,655,139.08. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Lawrence Page also recently made the following trade(s):

  • On Monday, November 21st, Lawrence Page sold 33,332 shares of Alphabet stock. The shares were sold at an average price of $775.83, for a total transaction of $25,859,965.56.
  • On Friday, October 28th, Lawrence Page sold 16,670 shares of Alphabet stock. The shares were sold at an average price of $827.79, for a total transaction of $13,799,259.30.
  • On Thursday, October 27th, Lawrence Page sold 33,332 shares of Alphabet stock. The shares were sold at an average price of $806.49, for a total transaction of $26,881,924.68.
  • On Wednesday, October 26th, Lawrence Page sold 33,332 shares of Alphabet stock. The shares were sold at an average price of $811.20, for a total transaction of $27,038,918.40.
  • On Tuesday, October 25th, Lawrence Page sold 33,332 shares of Alphabet stock. The shares were sold at an average price of $819.25, for a total transaction of $27,307,241.00.
  • On Monday, October 24th, Lawrence Page sold 33,332 shares of Alphabet stock. The shares were sold at an average price of $823.31, for a total transaction of $27,442,568.92.
  • On Thursday, September 22nd, Lawrence Page sold 33,332 shares of Alphabet stock. The shares were sold at an average price of $800.62, for a total transaction of $26,686,265.84.
  • On Friday, September 23rd, Lawrence Page sold 33,340 shares of Alphabet stock. The shares were sold at an average price of $800.75, for a total transaction of $26,697,005.00.
  • On Tuesday, September 20th, Lawrence Page sold 33,332 shares of Alphabet stock. The shares were sold at an average price of $785.89, for a total transaction of $26,195,285.48.
  • On Monday, September 19th, Lawrence Page sold 33,332 shares of Alphabet stock. The shares were sold at an average price of $783.62, for a total transaction of $26,119,621.84.

Alphabet Inc. (NASDAQ:GOOG) opened at 758.04 on Thursday. The company has a market cap of $522.47 billion, a price-to-earnings ratio of 27.74 and a beta of 1.01. Alphabet Inc. has a 52 week low of $663.06 and a 52 week high of $816.68. The firm has a 50-day moving average of $778.59 and a 200-day moving average of $752.66.

Alphabet (NASDAQ:GOOG) last issued its earnings results on Thursday, October 27th. The company reported $9.06 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $8.62 by $0.44. The firm earned $22.45 billion during the quarter, compared to the consensus estimate of $13.17 billion. Alphabet had a return on equity of 15.08% and a net margin of 22.29%. The business’s quarterly revenue was up 20.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $7.35 earnings per share. Equities analysts forecast that Alphabet Inc. will post $34.42 earnings per share for the current year.

Insider Buying and Selling by Quarter for Alphabet (NASDAQ:GOOG)

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A number of hedge funds and other institutional investors have recently modified their holdings of GOOG. Vanguard Group Inc. increased its position in Alphabet by 1.2% in the second quarter. Vanguard Group Inc. now owns 18,237,076 shares of the company’s stock valued at $12,621,879,000 after buying an additional 221,141 shares in the last quarter. Price T Rowe Associates Inc. MD increased its position in Alphabet by 0.7% in the third quarter. Price T Rowe Associates Inc. MD now owns 9,831,305 shares of the company’s stock valued at $7,641,775,000 after buying an additional 65,873 shares in the last quarter. BlackRock Institutional Trust Company N.A. increased its position in Alphabet by 1.8% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 7,897,508 shares of the company’s stock valued at $6,138,654,000 after buying an additional 138,807 shares in the last quarter. Capital Research Global Investors increased its position in Alphabet by 4.2% in the third quarter. Capital Research Global Investors now owns 4,418,318 shares of the company’s stock valued at $3,434,314,000 after buying an additional 177,974 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its position in Alphabet by 0.7% in the third quarter. Bank of New York Mellon Corp now owns 4,058,328 shares of the company’s stock valued at $3,154,497,000 after buying an additional 27,472 shares in the last quarter. 34.27% of the stock is owned by hedge funds and other institutional investors.

Several analysts recently commented on GOOG shares. Vetr raised shares of Alphabet from a “hold” rating to a “buy” rating and set a $822.37 target price for the company in a research note on Thursday, August 18th. Jefferies Group restated a “buy” rating on shares of Alphabet in a report on Friday, September 9th. restated a “buy” rating on shares of Alphabet in a report on Friday, September 23rd. Moffett Nathanson restated a “buy” rating and set a $925.00 price target on shares of Alphabet in a report on Friday, September 23rd. Finally, JPMorgan Chase & Co. restated a “buy” rating on shares of Alphabet in a report on Tuesday, September 27th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, forty-three have assigned a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $940.55.

About Alphabet

Alphabet Inc is a holding company. The Company holds interests in Google Inc (Google). The Company’s segments include Google and Other Bets. Google segment includes Internet products, such as Search, Ads, Commerce, Maps, YouTube, Apps, Cloud, Android, Chrome, Google Play, and hardware products, including Chromecast, Chromebooks and Nexus, which are sold by the Company.

5 Day Chart for NASDAQ:GOOG

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