Currently, there are 5.69B common shares owned by the public and among those 5.28B shares have been available to trade.
Insiders at the company have transacted a total of 284 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 58 of these insider trades were purchases, accounting for 5,156,637 shares. Insider sales of the common stock occurred on 226 occasions, with total insider shares sold totaling 8,521,361 shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
However, the script later moved the day high at 145.96, down -0.02%. The company’s stock has a 5-day price change of 0.94% and 4.81% over the past three months. GOOG shares are trading 3.09% year to date (YTD), with the 12-month market performance up to 58.27% higher. It has a 12-month low price of $88.86 and touched a high of $155.20 over the same period. GOOG has an average intraday trading volume of 22.04 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -1.07%, 1.33%, and 9.25% respectively.
Institutional ownership of Alphabet Inc (NASDAQ: GOOG) shares accounts for 27.85% of the company’s 5.69B shares outstanding.
It has a market capitalization of $1806.39B and a beta (3y monthly) value of 1.06. The stock’s trailing 12-month PE ratio is 25.03, while the earnings-per-share (ttm) stands at $5.81. The company has a PEG of 1.30 and a Quick Ratio of 2.10 with the debt-to-equity ratio at 0.11. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.53% over the week and 1.77% over the month.
Analysts forecast that Alphabet Inc (GOOG) will achieve an EPS of $1.5 for the current quarter, $1.67 for the next quarter and $7.8 for 2025. The lowest estimate earnings-per-share for the quarter is $1.35 while analysts give the company a high EPS estimate of $1.66. Comparatively, EPS for the current quarter was $1.17 a year ago. Earnings per share for the fiscal year are expected to increase by 17.18%, and 15.14% over the next financial year. EPS should shrink at an annualized rate of 19.25% over the next five years, compared to 21.56% over the past 5-year period.
Looking at the support for the GOOG, a number of firms have released research notes about the stock. Raymond James stated their Outperform rating for the stock in a research note on December 20, 2023, with the firm’s price target at $150. BofA Securities coverage for the Alphabet Inc (GOOG) stock in a research note released on January 31, 2023 offered a Buy rating with a price target of $119. Credit Suisse was of a view on October 11, 2022 that the stock is Outperform, while MKM Partners gave the stock Buy rating on July 18, 2022, issuing a price target of $165- $140. Cowen on their part issued Outperform rating on July 13, 2022.
