Alphabet Inc (NASDAQ:GOOG) CAO Sells $74,280.80 in Stock

Alphabet Inc (NASDAQ:GOOG) CAO Amie Thuener O’toole sold 55 shares of the stock in a transaction on Monday, January 6th. The shares were sold at an average price of $1,350.56, for a total value of $74,280.80. Following the completion of the sale, the chief accounting officer now owns 388 shares in the company, valued at $524,017.28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Amie Thuener O’toole also recently made the following trade(s):

  • On Tuesday, December 3rd, Amie Thuener O’toole sold 55 shares of Alphabet stock. The stock was sold at an average price of $1,279.57, for a total value of $70,376.35.
  • On Monday, November 4th, Amie Thuener O’toole sold 54 shares of Alphabet stock. The stock was sold at an average price of $1,276.45, for a total transaction of $68,928.30.

NASDAQ:GOOG traded up $8.62 on Thursday, reaching $1,447.82. The stock had a trading volume of 179,527 shares, compared to its average volume of 1,264,972. The company has a market cap of $986.86 billion, a price-to-earnings ratio of 30.47, a P/E/G ratio of 1.57 and a beta of 1.01. The firm’s fifty day moving average is $1,356.40 and its two-hundred day moving average is $1,247.89. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.78 and a quick ratio of 3.75. Alphabet Inc has a 12-month low of $1,025.00 and a 12-month high of $1,441.80.

Alphabet (NASDAQ:GOOG) last released its quarterly earnings results on Monday, October 28th. The information services provider reported $10.12 earnings per share for the quarter, missing analysts’ consensus estimates of $12.57 by ($2.45). The company had revenue of $40.50 billion for the quarter, compared to analyst estimates of $40.17 billion. Alphabet had a return on equity of 18.34% and a net margin of 21.04%. The firm’s quarterly revenue was up 20.0% compared to the same quarter last year. During the same period in the previous year, the business posted $13.06 EPS. As a group, research analysts forecast that Alphabet Inc will post 49.03 earnings per share for the current fiscal year.

GOOG has been the subject of a number of recent research reports. Mizuho lifted their price target on shares of Alphabet from $1,400.00 to $1,450.00 and gave the stock a “buy” rating in a research note on Tuesday, October 29th. Sanford C. Bernstein started coverage on shares of Alphabet in a report on Thursday, January 9th. They set an “outperform” rating on the stock. Deutsche Bank dropped their target price on shares of Alphabet from $1,600.00 to $1,550.00 and set a “buy” rating on the stock in a research report on Tuesday, October 29th. Jefferies Financial Group reissued a “buy” rating on shares of Alphabet in a research report on Tuesday, October 29th. Finally, Zacks Investment Research raised Alphabet from a “hold” rating to a “buy” rating and set a $1,496.00 price objective on the stock in a report on Wednesday, January 1st. One investment analyst has rated the stock with a sell rating, one has given a hold rating and twenty-three have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $1,486.44.

Institutional investors have recently added to or reduced their stakes in the company. Orrstown Financial Services Inc. acquired a new stake in shares of Alphabet in the third quarter valued at $26,000. 1 North Wealth Services LLC bought a new stake in shares of Alphabet in the 3rd quarter worth approximately $40,000. Vista Private Wealth Partners. LLC acquired a new stake in Alphabet during the third quarter valued at approximately $46,000. LFA Lugano Financial Advisors SA bought a new stake in Alphabet during the fourth quarter worth approximately $47,000. Finally, Candriam Luxembourg S.C.A. boosted its holdings in Alphabet by 3.9% during the third quarter. Candriam Luxembourg S.C.A. now owns 39,076 shares of the information services provider’s stock worth $48,000 after buying an additional 1,470 shares in the last quarter. Institutional investors and hedge funds own 33.79% of the company’s stock.

About Alphabet

Alphabet Inc provides online advertising services in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It offers performance and brand advertising services. The company operates through Google and Other Bets segments. The Google segment offers products, such as Ads, Android, Chrome, Google Cloud, Google Maps, Google Play, Hardware, Search, and YouTube, as well as technical infrastructure.

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

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