Alphabet Inc (GOOG, Financial), the parent company of Google, is a global technology leader focused on improving the ways people connect with information. The company's business encompasses a wide array of products and services, including search, advertising, operating systems and platforms, enterprise, and hardware products.
According to a recent SEC filing, the insider, CEO Sundar Pichai, sold 22,500 shares of Alphabet Inc on April 3, 2024. The transaction was executed at an average price of $155.67 per share, resulting in a total value of $3,502,575.
Over the past year, Sundar Pichai has sold a total of 180,000 shares of Alphabet Inc and has not made any purchases of the stock. The insider transaction history for the company reveals a pattern of more sales than purchases among insiders, with 61 insider sells and no insider buys over the past year.
The market capitalization of Alphabet Inc stands at approximately $1,879.91 billion as of the date of the insider's recent sale. The stock's price-earnings ratio is 26.20, which is above the industry median of 21.54 but below the historical median for the company.
Alphabet Inc's shares were trading at $155.67 on the day of the insider's sale, aligning with the company's GF Value of $151.23. This results in a price-to-GF-Value ratio of 1.03, indicating that the stock is Fairly Valued according to GuruFocus's valuation model.
The GF Value is determined by considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates provided by Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
