Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Alphabet Inc shares valued at $5,373,924 were sold by Shriram Kavitark Ram on Feb 18 ’25. At $184.89 per share, Shriram Kavitark Ram sold 29,066 shares. The insider’s holdings dropped to 272,466 shares worth approximately $50.99 million following the completion of this transaction.
Also, Shriram Kavitark Ram sold 24,000 shares, netting a total of over 4,436,643 in proceeds. Following the sale of shares at $184.86 each, the insider now holds 264,400 shares.
Before that, O’Toole Amie Thuener had sold 2,824 shares from its account. In a trade valued at $529,302, the VP, Chief Accounting Officer traded Alphabet Inc shares for $187.43 each. Upon closing the transaction, the insider’s holdings decreased to 2,824 shares, worth approximately $2.81 million.
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 0.03%. Over the course of the year, Alphabet Inc shares have dropped approximately -1.74%. Shares of the company reached a 52-week high of $208.70 on 02/04/25 and a 52-week low of $183.58 on 02/18/25. A 50-day SMA is recorded $193.22, while a 200-day SMA reached $177.08. Nevertheless, trading volume fell to 13.08 million shares from 19.79 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 185.97, which, if violated, would cause prices to drop to 184.80. In the upper region, resistance lies at 187.83. The next price resistance is at 188.52. RSI (Relative Strength Index) is 43.05 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -6.31, which suggests the price will decrease in the coming days. Percent R is at 85.87%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
