Traders purchased shares of Alphabet Inc (NASDAQ:GOOG) on weakness during trading hours on Friday after an insider sold shares in the company. $470.78 million flowed into the stock on the tick-up and $300.61 million flowed out of the stock on the tick-down, for a money net flow of $170.17 million into the stock. Of all stocks tracked, Alphabet had the 6th highest net in-flow for the day. Alphabet traded down ($16.25) for the day and closed at $1,066.15Specifically, CAO Amie Thuener O’toole sold 80 shares of the company’s stock in a transaction on Wednesday, September 5th. The shares were sold at an average price of $1,193.80, for a total transaction of $95,504.00. Following the completion of the transaction, the chief accounting officer now directly owns 388 shares in the company, valued at approximately $463,194.40. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director L John Doerr sold 10,262 shares of the company’s stock in a transaction on Wednesday, August 15th. The shares were sold at an average price of $1,218.20, for a total transaction of $12,501,168.40. Following the transaction, the director now owns 3,485 shares of the company’s stock, valued at $4,245,427. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 87,621 shares of company stock valued at $102,660,942. 13.11% of the stock is owned by insiders.

Several research firms recently commented on GOOG. BidaskClub cut shares of Alphabet from a “sell” rating to a “strong sell” rating in a research note on Tuesday, November 6th. JMP Securities reiterated a “neutral” rating on shares of Alphabet in a research note on Friday, November 2nd. Nomura reiterated a “buy” rating on shares of Alphabet in a research note on Monday, October 29th. JPMorgan Chase & Co. reiterated a “buy” rating on shares of Alphabet in a research note on Monday, October 29th. Finally, Macquarie reiterated a “buy” rating on shares of Alphabet in a research note on Friday, October 26th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and twenty-eight have assigned a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $1,301.81.

The company has a market cap of $760.87 billion, a PE ratio of 24.60 and a beta of 1.16. The company has a debt-to-equity ratio of 0.02, a quick ratio of 4.10 and a current ratio of 4.14.

Alphabet (NASDAQ:GOOG) last announced its quarterly earnings data on Thursday, October 25th. The information services provider reported $13.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $10.41 by $2.65. Alphabet had a net margin of 14.45% and a return on equity of 19.40%. The company had revenue of $27.16 billion during the quarter.

Several hedge funds have recently made changes to their positions in the company. IMS Capital Management grew its holdings in shares of Alphabet by 2.9% in the 2nd quarter. IMS Capital Management now owns 1,465 shares of the information services provider’s stock worth $1,634,000 after purchasing an additional 41 shares during the last quarter. Trust Co. of Virginia VA grew its holdings in shares of Alphabet by 7.2% in the 2nd quarter. Trust Co. of Virginia VA now owns 614 shares of the information services provider’s stock worth $685,000 after purchasing an additional 41 shares during the last quarter. Intl Fcstone Inc. grew its holdings in shares of Alphabet by 13.8% in the 2nd quarter. Intl Fcstone Inc. now owns 347 shares of the information services provider’s stock worth $387,000 after purchasing an additional 42 shares during the last quarter. Security National Trust Co. grew its holdings in shares of Alphabet by 1.9% in the 2nd quarter. Security National Trust Co. now owns 2,229 shares of the information services provider’s stock worth $2,487,000 after purchasing an additional 42 shares during the last quarter. Finally, Providence First Trust Co grew its holdings in shares of Alphabet by 2.7% in the 2nd quarter. Providence First Trust Co now owns 1,581 shares of the information services provider’s stock worth $1,764,000 after purchasing an additional 42 shares during the last quarter. Institutional investors own 34.16% of the company’s stock.

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Alphabet Company Profile (NASDAQ:GOOG)

Alphabet Inc, through its subsidiaries, provides online advertising services in the United States and internationally. The company offers performance and brand advertising services. It operates through Google and Other Bets segments. The Google segment includes principal Internet products, such as Ads, Android, Chrome, Commerce, Google Cloud, Google Maps, Google Play, Hardware, Search, and YouTube, as well as technical infrastructure and newer efforts, including Virtual Reality.

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