Alphabet Inc. (NASDAQ:GOOG – Get Rating) insider John Kent Walker sold 11,313 shares of the stock in a transaction that occurred on Monday, January 23rd. The stock was sold at an average price of $100.00, for a total value of $1,131,300.00. Following the sale, the insider now owns 41,970 shares in the company, valued at $4,197,000. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Alphabet Price Performance

Shares of NASDAQ:GOOG opened at $100.71 on Friday. Alphabet Inc. has a one year low of $83.45 and a one year high of $152.10. The stock has a fifty day moving average of $93.60 and a 200-day moving average of $101.73. The company has a market capitalization of $1.30 trillion, a PE ratio of 19.82, a price-to-earnings-growth ratio of 1.70 and a beta of 1.08. The company has a debt-to-equity ratio of 0.06, a quick ratio of 2.47 and a current ratio of 2.52.

Alphabet (NASDAQ:GOOG – Get Rating) last announced its quarterly earnings data on Tuesday, October 25th. The information services provider reported $1.06 EPS for the quarter, missing analysts' consensus estimates of $1.25 by ($0.19). The company had revenue of $69.09 billion for the quarter, compared to analyst estimates of $70.67 billion. Alphabet had a net margin of 23.75% and a return on equity of 26.41%. Alphabet's revenue was up 6.1% on a year-over-year basis. During the same quarter last year, the company posted $1.40 EPS. As a group, equities analysts anticipate that Alphabet Inc. will post 4.68 EPS for the current fiscal year.

Institutional Trading of Alphabet

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the company. Cowen dropped their price target on Alphabet from $150.00 to $135.00 and set an "outperform" rating on the stock in a research report on Wednesday, October 26th. Raymond James decreased their price objective on Alphabet from $120.00 to $116.00 and set an "outperform" rating for the company in a report on Tuesday. Credit Suisse Group set a $145.00 price objective on Alphabet in a report on Wednesday. Societe Generale decreased their price objective on Alphabet from $147.00 to $132.00 and set a "buy" rating for the company in a report on Wednesday, November 30th. Finally, UBS Group set a $115.00 price objective on Alphabet in a report on Thursday, January 12th. One equities research analyst has rated the stock with a hold rating and eighteen have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $140.90.

About Alphabet

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Alphabet Inc provides 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 offers products and services, including ads, Android, Chrome, hardware, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube.

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