GuruFocus - On September 10, 2024, Amie O'Toole, Vice President, Chief Accounting Officer of Alphabet Inc (NASDAQ:GOOGL), sold 2,835 shares of the company. The transaction was executed at a price of $151.53 per share, resulting in a total sale amount of $429,587.55. Following this transaction, the insider now directly owns 24,321 shares of Alphabet Inc, as detailed in the SEC Filing.
Alphabet Inc (NASDAQ:GOOGL), the parent company of Google, operates across various sectors including search, advertising, operating systems and platforms, enterprise, and hardware products. The company has made significant impacts on technology and digital services worldwide, maintaining a strong presence in the internet content and information industry.
Over the past year, Amie O'Toole has sold a total of 4,881 shares of Alphabet Inc and has not made any purchases of the stock. This recent sale is part of a broader trend observed within the company, where there have been 16 insider sells and no insider buys over the past year.
As of the latest transaction date, Alphabet Inc's shares were trading at $151.53, giving the company a market cap of approximately $1,837.54 billion. The price-earnings ratio of the company stands at 21.33, which is above the industry median of 19.63. This ratio is also below the historical median for the company, suggesting a fluctuation in earnings relative to the share price.
According to the GF Value, which is an intrinsic value estimate used by GuruFocus, Alphabet Inc is considered to be Fairly Valued. The GF Value of $159.09, with a current price-to-GF-Value ratio of 0.95, indicates that the stock is trading at a fair price relative to its estimated intrinsic value. This valuation is supported by historical trading multiples, adjustments based on past performance, and future business performance estimates provided by analysts.
This insider sale and the current valuation metrics provide investors with updated insights into Alphabet Inc's stock performance and insider activities.
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.