Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Alphabet Inc shares valued at $550,703 were sold by O’Toole Amie Thuener on Jan 15 ’25. At $194.32 per share, O’Toole Amie Thuener sold 2,834 shares. The insider’s holdings dropped to 17,847 shares worth approximately $3.56 million following the completion of this transaction.
Also, HENNESSY JOHN L sold 1,500 shares, netting a total of over 284,693 in proceeds. Following the sale of shares at $189.80 each, the insider now holds 21,824 shares.
Before that, HENNESSY JOHN L had added 1,500 shares to its account. In a trade valued at $285,105, the Director bought Alphabet Inc shares for $190.07 each.
As published in a research note from Seaport Research Partners on October 30, 2024, Alphabet Inc [GOOG] has been rated up from a Neutral to a Buy and the price target has been revised to $200. Analysts at Scotiabank started covering the stock with ‘”a Sector outperform”‘ outlook in a report released in mid October. As of October 01, 2024, Pivotal Research Group has initiated its “Buy” rating for GOOG. Earlier on July 10, 2024, TD Cowen resumed its rating. Their recommendation was “a Buy” for GOOG stock.
Analyzing GOOG Stock Performance
During the last five days, there has been a surge of approximately 1.32%. Over the course of the year, Alphabet Inc shares have jumped approximately 4.80%. Shares of the company reached a 52-week high of $203.84 on 01/21/25 and a 52-week low of $188.66 on 01/13/25. A 50-day SMA is recorded $186.41, while a 200-day SMA reached $174.04. Nevertheless, trading volume fell to 15.13 million shares from 15.48 million shares the previous day.
Support And Resistance Levels for Alphabet Inc (GOOG)
According to the 24-hour chart, there is a support level at 196.95, which, if violated, would cause prices to drop to 194.33. In the upper region, resistance lies at 202.07. The next price resistance is at 204.57. RSI (Relative Strength Index) is 61.15 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 4.14, which suggests the price will increase in the coming days. Percent R is at 28.06%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
