Alphabet Inc. (NASDAQ:GOOG) CAO Amie Thuener O’toole Sells 682 Shares of Stock

Alphabet Inc. (NASDAQ:GOOGGet Free Report) CAO Amie Thuener O’toole sold 682 shares of the firm’s stock in a transaction dated Tuesday, April 2nd. The shares were sold at an average price of $154.79, for a total value of $105,566.78. Following the transaction, the chief accounting officer now directly owns 29,284 shares in the company, valued at $4,532,870.36. The sale was disclosed in a document filed with the SEC, which is available at this link.

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

  • On Monday, March 4th, Amie Thuener O’toole sold 682 shares of Alphabet stock. The shares were sold at an average price of $136.49, for a total transaction of $93,086.18.
  • On Thursday, February 1st, Amie Thuener O’toole sold 660 shares of Alphabet stock. The shares were sold at an average price of $143.59, for a total transaction of $94,769.40.

Alphabet Stock Down 0.4 %

Alphabet stock opened at $155.87 on Wednesday. Alphabet Inc. has a twelve month low of $102.38 and a twelve month high of $157.00. The business has a fifty day moving average of $145.15 and a two-hundred day moving average of $139.74. The firm has a market cap of $1.94 trillion, a P/E ratio of 26.87, a P/E/G ratio of 1.41 and a beta of 1.05. The company has a quick ratio of 2.10, a current ratio of 2.10 and a debt-to-equity ratio of 0.05.

Alphabet (NASDAQ:GOOGGet Free Report) last posted its earnings results on Tuesday, January 30th. The information services provider reported $1.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.60 by $0.04. The company had revenue of $86.31 billion for the quarter, compared to analyst estimates of $85.28 billion. Alphabet had a return on equity of 27.22% and a net margin of 24.01%. The firm’s quarterly revenue was up 13.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.05 earnings per share. On average, analysts forecast that Alphabet Inc. will post 6.77 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Alphabet

Several institutional investors have recently bought and sold shares of the company. Moneta Group Investment Advisors LLC grew its position in Alphabet by 61,587.1% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 130,046,253 shares of the information services provider’s stock worth $11,539,004,000 after purchasing an additional 129,835,437 shares during the last quarter. FMR LLC grew its holdings in shares of Alphabet by 3.8% during the third quarter. FMR LLC now owns 120,234,117 shares of the information services provider’s stock valued at $15,852,868,000 after buying an additional 4,348,188 shares during the last quarter. JPMorgan Chase & Co. raised its stake in Alphabet by 11.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 95,941,129 shares of the information services provider’s stock worth $12,649,838,000 after acquiring an additional 9,703,425 shares during the last quarter. Capital International Investors lifted its position in Alphabet by 1.1% during the 4th quarter. Capital International Investors now owns 80,246,520 shares of the information services provider’s stock worth $11,309,370,000 after acquiring an additional 862,550 shares during the period. Finally, Morgan Stanley increased its holdings in shares of Alphabet by 37.6% in the fourth quarter. Morgan Stanley now owns 71,779,112 shares of the information services provider’s stock valued at $6,368,961,000 after purchasing an additional 19,612,974 shares during the period. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

GOOG has been the subject of several recent research reports. Susquehanna boosted their price target on shares of Alphabet from $150.00 to $170.00 and gave the stock a “positive” rating in a research note on Wednesday, January 31st. Raymond James lifted their price objective on Alphabet from $150.00 to $160.00 and gave the stock an “outperform” rating in a report on Wednesday, January 24th. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $146.33.

Read Our Latest Stock Analysis on Alphabet

About Alphabet

(Get Free Report)

Alphabet Inc offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube.

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

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