Alphabet Inc. (NASDAQ:GOOGL) CAO Sells $104,537.09 in Stock

Alphabet Inc. (NASDAQ:GOOGL) CAO Amie Thuener O’toole sold 673 shares of the business’s stock in a transaction that occurred on Tuesday, April 1st. The shares were sold at an average price of $155.33, for a total transaction of $104,537.09. Following the transaction, the chief accounting officer now owns 15,303 shares of the company’s stock, valued at approximately $2,377,014.99. This represents a 4.21 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

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 shares were 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 stock was 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 shares were 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 stock was sold at an average price of $191.55, for a total value of $262,040.40.

Alphabet Price Performance

Shares of NASDAQ GOOGL opened at $157.07 on Wednesday. The stock has a market capitalization of $1.91 trillion, a PE ratio of 19.51, a P/E/G ratio of 1.34 and a beta of 1.02. Alphabet Inc. has a fifty-two week low of $147.22 and a fifty-two week high of $207.05. 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 business has a fifty day moving average price of $178.01 and a two-hundred day moving average price of $177.09.

Alphabet (NASDAQ:GOOGL) last posted its quarterly earnings data on Tuesday, February 4th. The information services provider reported $2.15 earnings per share for the quarter, topping the consensus estimate of $2.12 by $0.03. Alphabet had a net margin of 28.60% and a return on equity of 32.49%. As a group, equities analysts predict that Alphabet Inc. will post 8.9 earnings per share for the current fiscal year.

Alphabet Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 10th were given a dividend of $0.20 per share. The ex-dividend date of this dividend was Monday, March 10th. This represents a $0.80 annualized dividend and a dividend yield of 0.51%. Alphabet’s dividend payout ratio is 9.94%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Compass Planning Associates Inc acquired a new stake in shares of Alphabet in the 4th quarter valued at approximately $30,000. LMR Partners LLP bought a new position in Alphabet in the 3rd quarter valued at approximately $32,000. E Fund Management Hong Kong Co. Ltd. grew its stake in shares of Alphabet by 518.8% during the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 198 shares of the information services provider’s stock worth $37,000 after buying an additional 166 shares during the last quarter. Fiduciary Advisors Inc. bought a new stake in shares of Alphabet during the fourth quarter worth $39,000. Finally, PayPay Securities Corp grew its stake in shares of Alphabet by 36.1% during the fourth quarter. PayPay Securities Corp now owns 245 shares of the information services provider’s stock worth $46,000 after buying an additional 65 shares during the last quarter. 40.03% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on GOOGL shares. Stifel Nicolaus increased their price objective on shares of Alphabet from $200.00 to $225.00 and gave the stock a “buy” rating in a research report on Monday, January 13th. Rosenblatt Securities reissued a “neutral” rating and issued a $205.00 price target on shares of Alphabet in a research note on Wednesday, March 19th. JMP Securities restated a “market perform” rating on shares of Alphabet in a report on Wednesday, February 5th. Wedbush increased their price objective on Alphabet from $210.00 to $220.00 and gave the stock an “outperform” rating in a report on Monday, January 6th. Finally, DZ Bank cut Alphabet from a “buy” rating to a “hold” rating and set a $198.00 target price on the stock. in a research note on Thursday, February 6th. Ten investment analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and four have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $209.49.

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.