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

Alphabet Inc. (NASDAQ:GOOGGet Free Report) CAO Amie Thuener O’toole sold 682 shares of the stock in a transaction dated Monday, March 4th. The shares were sold at an average price of $136.49, for a total transaction of $93,086.18. Following the completion of the sale, the chief accounting officer now owns 28,602 shares of the company’s stock, valued at approximately $3,903,886.98. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

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

  • 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.
  • On Tuesday, January 2nd, Amie Thuener O’toole sold 425 shares of Alphabet stock. The shares were sold at an average price of $139.61, for a total transaction of $59,334.25.

Alphabet Stock Performance

NASDAQ:GOOG traded down $3.88 on Monday, reaching $134.20. 43,535,253 shares of the company’s stock were exchanged, compared to its average volume of 22,700,641. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.10 and a quick ratio of 2.10. The firm has a market cap of $1.67 trillion, a price-to-earnings ratio of 23.14, a P/E/G ratio of 1.28 and a beta of 1.05. Alphabet Inc. has a 52 week low of $89.94 and a 52 week high of $155.20. The stock has a fifty day simple moving average of $144.02 and a 200-day simple moving average of $138.23.

Alphabet (NASDAQ:GOOGGet Free Report) last released its quarterly earnings data on Tuesday, January 30th. The information services provider reported $1.64 EPS for the quarter, beating analysts’ consensus estimates of $1.60 by $0.04. Alphabet had a net margin of 24.01% and a return on equity of 27.22%. The company had revenue of $86.31 billion during the quarter, compared to analyst estimates of $85.28 billion. During the same period last year, the business earned $1.05 earnings per share. Alphabet’s revenue was up 13.5% compared to the same quarter last year. As a group, sell-side analysts predict that Alphabet Inc. will post 6.78 earnings per share for the current year.

Analyst Ratings Changes

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

Check Out Our Latest Report on Alphabet

Institutional Investors Weigh In On Alphabet

A number of institutional investors and hedge funds have recently bought and sold shares of GOOG. Totem Point Management LLC raised its stake in Alphabet by 22.0% in the first quarter. Totem Point Management LLC now owns 3,171 shares of the information services provider’s stock valued at $8,857,000 after purchasing an additional 571 shares in the last quarter. Somerville Kurt F raised its stake in Alphabet by 10.3% in the first quarter. Somerville Kurt F now owns 118 shares of the information services provider’s stock valued at $330,000 after purchasing an additional 11 shares in the last quarter. BCK Partners Inc. purchased a new stake in Alphabet in the first quarter valued at approximately $2,564,000. Hall Capital Management Co. Inc. raised its stake in shares of Alphabet by 53.2% during the first quarter. Hall Capital Management Co. Inc. now owns 144 shares of the information services provider’s stock worth $402,000 after acquiring an additional 50 shares in the last quarter. Finally, Fairfield Bush & CO. raised its stake in shares of Alphabet by 6.8% during the first quarter. Fairfield Bush & CO. now owns 3,370 shares of the information services provider’s stock worth $9,412,000 after acquiring an additional 214 shares in the last quarter. 27.13% of the stock is owned by hedge funds and other institutional investors.

Alphabet Company Profile

(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.

Recommended Stories

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

Receive News & Ratings for Alphabet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alphabet and related companies with MarketBeat.com's FREE daily email newsletter.