Amie Thuener O’toole sells 48 shares of Alphabet Inc. (NASDAQ: GOOG)


Alphabet Inc. (NASDAQ: GOOG) CAO Amie Thuener O’toole sold 48 shares of the company in a transaction that took place on Thursday, July 1. The shares were sold for an average price of $ 2,496.99, for a total value of $ 119,855.52. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Amie Thuener O’toole also recently completed the following transactions:

  • On Wednesday June 2, Amie Thuener O’toole sold 48 Alphabet shares. The stock was sold for an average price of $ 2,435.85, for a total value of $ 116,920.80.
  • On Friday May 7, Amie Thuener O’toole sold 18 Alphabet shares. The stock was sold for an average price of $ 2,400.00, for a total value of $ 43,200.00.
  • On Monday April 5, Amie Thuener O’toole sold 30 Alphabet shares. The stock was sold for an average price of $ 2,152.94, for a total value of $ 64,588.20.

GOOG shares traded up $ 21.05 during trading hours on Thursday, reaching $ 2,527.37. 838,145 shares of the stock traded for an average volume of 1,454,229. The company has a fifty-day moving average of $ 2,418.62. Alphabet Inc. has a one-year low at $ 1,406.55 and a one-year high at $ 2,555.92. The company has a market cap of $ 1.69 trillion, a price-to-earnings ratio of 33.64, a PEG ratio of 1.56, and a beta of 1.01. The company has a debt ratio of 0.06, a current ratio of 3.10, and a quick ratio of 3.09.

Alphabet (NASDAQ: GOOG) last reported its quarterly results on Monday, April 26. The news service provider reported EPS of $ 26.29 for the quarter, beating the Zacks’ consensus estimate of $ 15.74 by $ 10.55. Alphabet had a net margin of 26.11% and a return on equity of 23.54%. The company posted revenue of $ 55.30 billion for the quarter, compared to a consensus estimate of $ 51.40 billion. During the same period of the previous year, the company posted earnings of $ 9.87 per share. The company’s revenue increased 34.4% year-on-year. As a group, analysts predict that Alphabet Inc. will post 89.46 earnings per share for the current year.

Several equity research analysts weighed on the company. Credit Suisse Group reaffirmed a “buy” note on Alphabet shares in a research report on Thursday, May 20. Jefferies Financial Group reaffirmed a “buy” rating and issued a target price of $ 2,850.00 on Alphabet shares in a research report on Tuesday. Piper Sandler raised her Alphabet price target from $ 2,250.00 to $ 2,635.00 and rated the stock “overweight” in a Wednesday April 28th research note. Canaccord Genuity raised its price target for Alphabet shares from $ 2,400.00 to $ 2,600.00 and assigned the company a “buy” rating in a research note on Monday, April 26. Finally, Barclays reiterated a “buy” note on Alphabet shares in a research report on Wednesday April 28. Four investment analysts gave the stock a conservation rating and twenty-two gave the company a buy rating. The company currently has an average “Buy” rating and a consensus price target of $ 2,519.32.

A number of institutional investors and hedge funds have recently changed their positions in the stock. Price T Rowe Associates Inc. MD increased its position in Alphabet by 0.3% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 13,443,194 shares of the information service provider valued at $ 23,550,863,000 after purchasing an additional 46,822 shares in the last quarter. Geode Capital Management LLC increased its position in Alphabet by 1.3% during the first quarter. Geode Capital Management LLC now owns 4,491,336 shares of the information service provider valued at $ 9,263,944,000 after purchasing an additional 58,462 shares in the last quarter. Capital International Investors increased its position in Alphabet by 1.1% in the first quarter. Capital International Investors now owns 4,105,991 shares of the information service provider valued at $ 8,493,416,000 after purchasing an additional 43,395 shares in the last quarter. JPMorgan Chase & Co. increased its position in Alphabet by 28.9% in the first quarter. JPMorgan Chase & Co. now owns 3,594,116 shares of the information service provider valued at $ 7,434,896,000 after acquiring an additional 804,739 shares in the last quarter. Finally, Nuveen Asset Management LLC increased its position in Alphabet by 2.6% in the fourth quarter. Nuveen Asset Management LLC now owns 2,888,003 shares of the information service provider valued at $ 5,059,434,000 after acquiring an additional 73,880 shares in the last quarter. 31.70% of the shares are currently held by hedge funds and other institutional investors.

Alphabet Company Profile

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

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Alphabet insider buys and sells by quarter (NASDAQ: GOOG)

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