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 that occurred on Tuesday, April 2nd. The shares were sold at an average price of $154.79, for a total value of $105,566.78. Following the completion of the sale, the chief accounting officer now directly owns 29,284 shares of the company’s stock, valued at $4,532,870.36. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

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

  • On Monday, March 4th, Amie Thuener O’toole sold 682 shares of Alphabet stock. The stock was sold at an average price of $136.49, for a total value of $93,086.18.
  • On Thursday, February 1st, Amie Thuener O’toole sold 660 shares of Alphabet stock. The stock was sold at an average price of $143.59, for a total value of $94,769.40.

Alphabet Trading Up 0.3 %

NASDAQ:GOOG opened at $156.37 on Thursday. The stock has a fifty day moving average price of $145.42 and a two-hundred day moving average price of $139.98. The stock has a market capitalization of $1.94 trillion, a price-to-earnings ratio of 26.96, a PEG ratio of 1.45 and a beta of 1.05. The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.10 and a current ratio of 2.10. Alphabet Inc. has a 1 year low of $103.27 and a 1 year high of $157.00.

Alphabet (NASDAQ:GOOGGet Free Report) last released its quarterly earnings data on Tuesday, January 30th. The information services provider reported $1.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.60 by $0.04. The firm had revenue of $86.31 billion during the quarter, compared to analysts’ expectations of $85.28 billion. Alphabet had a return on equity of 27.22% and a net margin of 24.01%. Alphabet’s revenue was up 13.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.05 earnings per share. As a group, sell-side analysts anticipate that Alphabet Inc. will post 6.77 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Duncan Williams Asset Management LLC purchased a new position in shares of Alphabet in the first quarter valued at $289,000. Versant Capital Management Inc increased its position in shares of Alphabet by 3.7% in the first quarter. Versant Capital Management Inc now owns 4,265 shares of the information services provider’s stock valued at $649,000 after buying an additional 151 shares in the last quarter. Avondale Wealth Management increased its position in shares of Alphabet by 200.0% in the first quarter. Avondale Wealth Management now owns 750 shares of the information services provider’s stock valued at $114,000 after buying an additional 500 shares in the last quarter. Park National Corp OH increased its position in shares of Alphabet by 19.4% in the first quarter. Park National Corp OH now owns 15,297 shares of the information services provider’s stock valued at $2,329,000 after buying an additional 2,485 shares in the last quarter. Finally, Confluence Investment Management LLC purchased a new position in shares of Alphabet in the first quarter valued at $66,696,000. Hedge funds and other institutional investors own 27.26% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. Raymond James upped their price target on Alphabet from $150.00 to $160.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 24th. Susquehanna upped their price target on Alphabet from $150.00 to $170.00 and gave the stock a “positive” rating in a research note on Wednesday, January 31st. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Alphabet has an average rating of “Buy” and a consensus price target of $146.33.

Get Our Latest Analysis on Alphabet

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.

Further Reading

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.