Alphabet Inc. (NASDAQ:GOOG - Get Free Report) CAO Amie Thuener O'toole sold 673 shares of Alphabet stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of $155.33, for a total transaction of $104,537.09. Following the sale, the chief accounting officer now directly owns 15,303 shares of the company's stock, valued at $2,377,014.99. The trade was a 4.21 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.
Amie Thuener O'toole also recently made the following trade(s):
- On Monday, March 3rd, Amie Thuener O'toole sold 1,374 shares of Alphabet stock. The stock was sold at an average price of $173.47, for a total transaction of $238,347.78.
- On Tuesday, February 18th, Amie Thuener O'toole sold 2,824 shares of Alphabet stock. The shares were sold at an average price of $187.43, for a total value of $529,302.32.
- On Monday, February 3rd, Amie Thuener O'toole sold 1,340 shares of Alphabet stock. The shares were sold at an average price of $202.08, for a total value of $270,787.20.
- On Wednesday, January 15th, Amie Thuener O'toole sold 2,834 shares of Alphabet stock. The stock was sold at an average price of $194.32, for a total value of $550,702.88.
- On Thursday, January 2nd, Amie Thuener O'toole sold 1,368 shares of Alphabet stock. The shares were sold at an average price of $191.55, for a total transaction of $262,040.40.
Alphabet Price Performance
GOOG stock opened at $158.88 on Wednesday. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.84 and a quick ratio of 1.84. The company's 50-day moving average is $179.89 and its 200-day moving average is $178.70. The stock has a market capitalization of $1.94 trillion, a PE ratio of 19.74, a price-to-earnings-growth ratio of 1.34 and a beta of 1.03. Alphabet Inc. has a 1 year low of $148.20 and a 1 year high of $208.70.
Alphabet (NASDAQ:GOOG - Get Free Report) last announced its quarterly earnings results on Tuesday, February 4th. The information services provider reported $2.15 EPS for the quarter, beating analysts' consensus estimates of $2.12 by $0.03. Alphabet had a net margin of 28.60% and a return on equity of 32.49%. Equities research analysts expect that Alphabet Inc. will post 8.89 EPS for the current fiscal year.
Alphabet Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 10th were paid a $0.20 dividend. The ex-dividend date was Monday, March 10th. This represents a $0.80 annualized dividend and a dividend yield of 0.50%. Alphabet's payout ratio is 9.94%.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Sterling Financial Planning Inc. boosted its position in Alphabet by 2.6% in the fourth quarter. Sterling Financial Planning Inc. now owns 1,941 shares of the information services provider's stock worth $370,000 after purchasing an additional 50 shares during the last quarter. Arlington Trust Co LLC grew its position in Alphabet by 0.4% during the fourth quarter. Arlington Trust Co LLC now owns 14,423 shares of the information services provider's stock valued at $2,747,000 after buying an additional 52 shares during the period. Harrell Investment Partners LLC increased its holdings in Alphabet by 0.9% during the fourth quarter. Harrell Investment Partners LLC now owns 5,659 shares of the information services provider's stock worth $1,078,000 after buying an additional 53 shares during the last quarter. Ethos Financial Group LLC raised its position in Alphabet by 0.7% in the fourth quarter. Ethos Financial Group LLC now owns 7,300 shares of the information services provider's stock worth $1,395,000 after acquiring an additional 53 shares during the period. Finally, Redhawk Wealth Advisors Inc. boosted its stake in Alphabet by 1.1% in the fourth quarter. Redhawk Wealth Advisors Inc. now owns 5,073 shares of the information services provider's stock valued at $966,000 after acquiring an additional 54 shares during the last quarter. 27.26% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Several analysts have weighed in on the stock. Benchmark reiterated a "negative" rating on shares of Alphabet in a research note on Wednesday, February 5th. The Goldman Sachs Group restated a "buy" rating on shares of Alphabet in a research note on Wednesday, February 5th. Cantor Fitzgerald reiterated a "neutral" rating and set a $200.00 target price on shares of Alphabet in a research report on Wednesday, March 19th. Westpark Capital assumed coverage on Alphabet in a report on Tuesday. They set a "buy" rating and a $210.00 target price on the stock. Finally, Morgan Stanley reaffirmed an "overweight" rating on shares of Alphabet in a research report on Wednesday, February 5th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, fifteen have given a buy rating and three have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $208.65.
Check Out Our Latest Report on GOOG
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.
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