On December 16, 2024, Amie O'Toole, Vice President and Chief Accounting Officer at Alphabet Inc, executed a sale of 2,834 shares of Alphabet Inc (GOOGL, Financial). Following this transaction, the insider now holds 8,940 shares of the company. The details of this transaction can be found in the SEC Filing. Alphabet Inc is a global technology company, primarily known for its search engine, Google. The company operates through various segments, including Google Services, Google Cloud, and Other Bets. Google Services includes products such as ads, Android, Chrome, hardware, Google Maps, Google Play, Search, and YouTube. Google Cloud offers enterprise-ready cloud services, while Other Bets include emerging businesses such as Waymo and Verily. Over the past year, Amie O'Toole has sold a total of 17,485 shares and has not made any purchases. This activity is part of a broader trend within the company, where there have been 38 insider sells and no insider buys over the same period. On the day of the recent sale, shares of Alphabet Inc were trading at $197.55, giving the stock a market cap of $2,403,018.719 million. The company's price-earnings ratio stands at 25.93, which is higher than the industry median of 20.12 but lower than the company's historical median price-earnings ratio. The stock's GF Value is estimated at $167.61, resulting in a price-to-GF-Value ratio of 1.18, indicating that the stock is modestly overvalued according to this metric. The GF Value is calculated based on historical multiples, a GuruFocus adjustment factor, and future business performance estimates from Morningstar analysts. This insider transaction is part of the ongoing insider activity at Alphabet Inc, reflecting the company's current valuation and market conditions.
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.
