Alphabet (NASDAQ:GOOGL) CAO Amie Thuener O’toole Sells 933 Shares of Stock

Alphabet Inc. (NASDAQ:GOOGLGet Free Report) CAO Amie Thuener O’toole sold 933 shares of Alphabet stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $336.55, for a total transaction of $314,001.15. Following the completion of the sale, the chief accounting officer directly owned 9,916 shares of the company’s stock, valued at approximately $3,337,229.80. This trade represents a 8.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

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

  • On Monday, December 15th, Amie Thuener O’toole sold 2,778 shares of Alphabet stock. The stock was sold at an average price of $312.30, for a total value of $867,569.40.
  • On Tuesday, December 2nd, Amie Thuener O’toole sold 954 shares of Alphabet stock. The stock was sold at an average price of $317.00, for a total value of $302,418.00.
  • On Monday, November 17th, Amie Thuener O’toole sold 2,778 shares of Alphabet stock. The shares were sold at an average price of $288.26, for a total value of $800,786.28.

Alphabet Trading Down 1.2%

Alphabet stock opened at $339.71 on Wednesday. Alphabet Inc. has a 52-week low of $140.53 and a 52-week high of $349.00. The company has a market cap of $4.10 trillion, a P/E ratio of 33.50, a P/E/G ratio of 2.08 and a beta of 1.09. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 0.06. The business has a 50-day simple moving average of $321.05 and a two-hundred day simple moving average of $268.37.

Wall Street Analyst Weigh In

GOOGL has been the subject of a number of recent research reports. DA Davidson reissued a “neutral” rating and set a $300.00 price objective on shares of Alphabet in a research report on Tuesday, November 25th. Barclays restated an “overweight” rating and issued a $315.00 price target (up previously from $250.00) on shares of Alphabet in a research report on Thursday, October 30th. Daiwa Capital Markets lifted their price objective on Alphabet from $233.00 to $333.00 and gave the company a “buy” rating in a research report on Thursday, November 6th. KeyCorp reissued an “overweight” rating and issued a $360.00 target price (up from $330.00) on shares of Alphabet in a report on Monday, January 26th. Finally, Oppenheimer raised their target price on shares of Alphabet from $270.00 to $300.00 and gave the stock an “outperform” rating in a research note on Monday, October 20th. Four investment analysts have rated the stock with a Strong Buy rating, forty-two have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $336.60.

View Our Latest Stock Analysis on Alphabet

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

Hedge Funds Weigh In On Alphabet

Institutional investors have recently bought and sold shares of the business. Symmetry Partners LLC boosted its holdings in shares of Alphabet by 0.4% in the 4th quarter. Symmetry Partners LLC now owns 7,912 shares of the information services provider’s stock worth $2,476,000 after purchasing an additional 30 shares during the period. Members Trust Co lifted its position in Alphabet by 0.5% in the fourth quarter. Members Trust Co now owns 6,434 shares of the information services provider’s stock worth $2,014,000 after buying an additional 31 shares during the last quarter. Altfest L J & Co. Inc. boosted its stake in Alphabet by 0.4% during the fourth quarter. Altfest L J & Co. Inc. now owns 7,952 shares of the information services provider’s stock worth $2,489,000 after buying an additional 31 shares during the period. Insight 2811 Inc. increased its position in Alphabet by 1.0% during the fourth quarter. Insight 2811 Inc. now owns 3,124 shares of the information services provider’s stock valued at $978,000 after acquiring an additional 32 shares during the last quarter. Finally, LJI Wealth Management LLC raised its stake in shares of Alphabet by 0.4% in the fourth quarter. LJI Wealth Management LLC now owns 7,265 shares of the information services provider’s stock valued at $2,274,000 after acquiring an additional 32 shares during the period. Institutional investors own 40.03% of the company’s stock.

Alphabet Company Profile

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Alphabet Inc is the holding company created in 2015 to organize Google and a portfolio of businesses developing technologies beyond Google’s core internet services. Its principal operations are led by Google, which builds and operates consumer-facing products such as Google Search, YouTube, Android, Chrome, Gmail, Google Maps and Google Workspace, as well as advertising platforms (Google Ads and AdSense) that historically generate the majority of its revenue. Google also develops consumer hardware (Pixel phones, Nest smart-home devices, Chromecast) and developer and distribution platforms such as Google Play.

Beyond Google’s consumer and advertising businesses, Alphabet invests in enterprise and infrastructure offerings through Google Cloud, which provides cloud computing, data analytics and productivity services to businesses and institutions.

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

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