Alphabet Inc. (NASDAQ:GOOG) VP James Grier Campbell sold 194 shares of Alphabet stock in a transaction that occurred on Monday, October 3rd. The shares were sold at an average price of $774.25, for a total transaction of $150,204.50. The transaction was disclosed in a filing with the SEC, which is available at this link.
James Grier Campbell also recently made the following trade(s):
- On Thursday, September 1st, James Grier Campbell sold 193 shares of Alphabet stock. The shares were sold at an average price of $769.26, for a total transaction of $148,467.18.
- On Wednesday, August 3rd, James Grier Campbell sold 603 shares of Alphabet stock. The shares were sold at an average price of $767.18, for a total transaction of $462,609.54.
Alphabet Inc. (NASDAQ:GOOG) opened at 776.86 on Friday. Alphabet Inc. has a 12-month low of $635.32 and a 12-month high of $789.87. The stock’s 50 day moving average price is $773.21 and its 200-day moving average price is $740.06. The stock has a market capitalization of $533.91 billion, a PE ratio of 30.10 and a beta of 1.03.
Alphabet (NASDAQ:GOOG) last issued its quarterly earnings data on Thursday, July 28th. The company reported $8.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $8.03 by $0.39. The firm earned $21.50 billion during the quarter, compared to analysts’ expectations of $20.74 billion. Alphabet had a return on equity of 14.74% and a net margin of 22.00%. Alphabet’s revenue was up 21.3% on a year-over-year basis. During the same period in the previous year, the firm posted $6.99 earnings per share. Analysts expect that Alphabet Inc. will post $34.14 earnings per share for the current year.
A number of research firms recently weighed in on GOOG. Credit Suisse Group AG reissued an “outperform” rating and issued a $940.00 target price (up from $920.00) on shares of Alphabet in a report on Friday, July 29th. Evercore ISI reissued a “buy” rating and issued a $830.00 target price (down from $950.00) on shares of Alphabet in a report on Thursday, June 23rd. Atlantic Securities set a $910.00 target price on shares of Alphabet and gave the company a “buy” rating in a report on Friday, July 29th. Vetr raised shares of Alphabet from a “buy” rating to a “strong-buy” rating and set a $760.24 price objective for the company in a research note on Monday, June 27th. Finally, JPMorgan Chase & Co. set a $920.00 price objective on shares of Alphabet and gave the stock a “buy” rating in a research note on Tuesday, July 12th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, forty-five have given a buy rating and one has assigned a strong buy rating to the company. The stock has an average rating of “Buy” and an average target price of $926.55.
Institutional investors have recently modified their holdings of the company. Bank of Montreal Can purchased a new position in shares of Alphabet during the second quarter valued at about $927,982,000. Magellan Asset Management Ltd boosted its position in shares of Alphabet by 186.5% in the second quarter. Magellan Asset Management Ltd now owns 1,435,391 shares of the company’s stock valued at $993,434,000 after buying an additional 934,412 shares in the last quarter. Winslow Capital Management LLC purchased a new position in shares of Alphabet during the second quarter valued at about $498,110,000. Emerald Acquisition Ltd. purchased a new position in shares of Alphabet during the second quarter valued at about $481,330,000. Finally, Jana Partners LLC purchased a new position in shares of Alphabet during the first quarter valued at about $472,266,000. 34.39% of the stock is owned by hedge funds and other institutional investors.
Alphabet Inc is a holding company. The Company holds interests in Google Inc (Google). The Company’s segments include Google and Other Bets. Google segment includes Internet products, such as Search, Ads, Commerce, Maps, YouTube, Apps, Cloud, Android, Chrome, Google Play, and hardware products, including Chromecast, Chromebooks and Nexus, which are sold by the Company.
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