Alphabet Inc. (NASDAQ:GOOG) CAO Amie Thuener O’toole Sells 1,340 Shares

Alphabet Inc. (NASDAQ:GOOG) CAO Amie Thuener O’toole sold 1,340 shares of the company’s stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $202.08, for a total transaction of $270,787.20. Following the transaction, the chief accounting officer now owns 17,848 shares of the company’s stock, valued at approximately $3,606,723.84. This represents a 6.98 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

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

• On Wednesday, January 15th, Amie Thuener O’toole sold 2,834 shares of Alphabet stock. The shares were sold at an average price of $194.32, for a total transaction of $550,702.88.
• On Thursday, January 2nd, Amie Thuener O’toole sold 1,368 shares of Alphabet stock. The stock was sold at an average price of $191.55, for a total value of $262,040.40.
• On Monday, December 16th, Amie Thuener O’toole sold 2,834 shares of Alphabet stock. The shares were sold at an average price of $197.55, for a total transaction of $559,856.70.
• On Monday, December 2nd, Amie Thuener O’toole sold 1,367 shares of Alphabet stock. The shares were sold at an average price of $170.41, for a total value of $232,950.47.

Alphabet Price Performance

Shares of GOOG opened at $202.64 on Tuesday. The company has a quick ratio of 1.95, a current ratio of 1.95 and a debt-to-equity ratio of 0.04. Alphabet Inc. has a twelve month low of $131.55 and a twelve month high of $207.08. The company has a 50 day moving average of $190.48 and a two-hundred day moving average of $175.55. The company has a market cap of $2.48 trillion, a price-to-earnings ratio of 26.88, a price-to-earnings-growth ratio of 1.32 and a beta of 1.00.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the business. FMR LLC boosted its stake in shares of Alphabet by 5.2% in the third quarter. FMR LLC now owns 114,802,133 shares of the information services provider’s stock worth $19,193,768,000 after buying an additional 5,655,022 shares during the last quarter. Geode Capital Management LLC boosted its position in Alphabet by 0.3% in the 3rd quarter. Geode Capital Management LLC now owns 103,557,486 shares of the information services provider’s stock worth $17,247,208,000 after purchasing an additional 259,213 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Alphabet by 10.3% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 33,334,082 shares of the information services provider’s stock worth $5,573,125,000 after purchasing an additional 3,113,395 shares during the period. Jennison Associates LLC increased its holdings in shares of Alphabet by 9.1% during the 3rd quarter. Jennison Associates LLC now owns 15,424,324 shares of the information services provider’s stock valued at $2,578,793,000 after purchasing an additional 1,291,274 shares in the last quarter. Finally, Principal Financial Group Inc. lifted its stake in shares of Alphabet by 2.5% in the 3rd quarter. Principal Financial Group Inc. now owns 11,024,276 shares of the information services provider’s stock valued at $1,843,149,000 after purchasing an additional 264,962 shares during the period. Hedge funds and other institutional investors own 27.26% of the company’s stock.

Analyst Upgrades and Downgrades

GOOG has been the topic of several research analyst reports. Seaport Res Ptn raised Alphabet from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 29th. Canaccord Genuity Group upped their price target on shares of Alphabet from $220.00 to $225.00 and gave the stock a “buy” rating in a report on Wednesday, October 30th. Oppenheimer lifted their price objective on shares of Alphabet from $215.00 to $225.00 and gave the company an “outperform” rating in a report on Thursday, January 30th. Jefferies Financial Group upped their target price on shares of Alphabet from $220.00 to $235.00 and gave the stock a “buy” rating in a research note on Wednesday, October 30th. Finally, Scotiabank lifted their price target on shares of Alphabet from $212.00 to $240.00 and gave the company a “sector outperform” rating in a research note on Friday, January 24th. Six research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and three have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $209.13.

Alphabet Company Profile

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.