Alphabet Inc (NASDAQ: GOOG) is -4.65% lower on its value in year-to-date trading and has touched a low of $131.55 and a high of $208.70 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The GOOG stock was last observed hovering at around $186.64 in the last trading session, with the day’s loss setting it -5.06%.
Currently trading at $181.58, the stock is -5.89% and -6.20% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 19.41 million and changing -2.71% at the moment leaves the stock 2.45% off its SMA200. GOOG registered 27.69% gain for a year compared to 6-month gain of 7.47%.
The stock witnessed a -9.22% loss in the last 1 month and extending the period to 3 months gives it a 2.70%, and is -3.35% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.85% over the week and 2.03% over the month.
Alphabet Inc (GOOG) has around 183323 employees, a market worth around $2200.61B and $349.81B in sales. Current P/E ratio is 22.57 and Fwd P/E is 17.77. Profit margin for the company is 28.62%. Distance from 52-week low is 38.03% and -12.99% from its 52-week high. The company has generated returns on investments over the last 12 months (28.68%).
with sales reaching $89.33B over the same period.The EPS is expected to grow by 10.89% this year, but quarterly earnings will post 11.43% year-over-year. Quarterly sales are estimated to grow 10.91% in year-over-year returns.
Alphabet Inc (GOOG) Top Institutional Holders
The shares outstanding are 5.51B, and float is at 5.11B with Short Float at 0.86%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 414.41 million shares valued at $76.01 billion. The investor’s holdings represent 3.3574% of the GOOG Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 355.33 million shares valued at $$65.17 billion to account for 2.8788 of the shares outstanding. The other top investors are STATE STREET CORP which holds 187.07 million shares representing 1.5156% and valued at over $34.31 billion, while FMR LLC holds 0.8843 of the shares totaling 109.15 million with a market value of $20.02 billion.
Alphabet Inc (GOOG) Insider Activity
The most recent transaction is an insider sale by Porat Ruth,the company’sPresident, Chief Invs. Officer. SEC filings show that Porat Ruth sold 17,690 shares of the company’s common stock on Feb 21 ’25 at a price of $183.48 per share for a total of $3.25 million. Following the sale, the insider now owns 1.45 million shares.
Still, SEC filings show that on Feb 18 ’25, WALKER JOHN KENT (President, Global Affairs, CLO) disposed off 17,690 shares at an average price of $185.51 for $3.28 million. The insider now directly holds 43,111 shares of Alphabet Inc (GOOG).
