Amie O'Toole, VP, Chief Accounting Officer of Alphabet Inc (GOOG, Financial), has sold 682 shares of the company on April 2, 2024, according to a recent SEC filing. The transaction was executed at an average price of $154.79 per share, resulting in a total value of $105,565.78.
Alphabet Inc is a global technology company that focuses on key areas such as search, advertising, operating systems and platforms, enterprise, and hardware products. The company is widely recognized for its dominant search engine, Google, as well as its Android operating system, YouTube video platform, and a range of other products and services.
Over the past year, the insider has sold a total of 8,100 shares of Alphabet Inc and has not made any purchases of the stock. The recent sale further contributes to the trend observed over the past year, where there have been no insider buys and 62 insider sells for the company.
On the day of the sale, shares of Alphabet Inc were trading at $154.79, giving the company a market capitalization of $1,929,546.83 billion. The price-earnings ratio stood at 26.87, which is above the industry median of 21.55 but below the company's historical median price-earnings ratio.
The stock's price-to-GF-Value ratio is 1.03, indicating that Alphabet Inc is Fairly Valued based on its GF Value of $150.30. The GF Value is a proprietary intrinsic value estimate from GuruFocus, which takes into account historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
The insider's recent transaction aligns with the overall insider selling trend at Alphabet Inc, as depicted in the insider trend image above.
The GF Value image above provides a visual representation of Alphabet Inc's current valuation in relation to its intrinsic value estimate.
For more detailed information on insider transactions and stock performance, investors and analysts are encouraged to visit the SEC filing and the company's profile on GuruFocus.
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.
