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Alphabet Inc [GOOG] Director makes an insider purchase of 32,500 shares worth 5.37 million.

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Alphabet Inc shares valued at $5,369,000 were purchased by SUNDAR PICHAI on May 07 ’25. At $165.20 per share, SUNDAR PICHAI acquired 32,500 shares.

Also, PICHAI FAMILY FOUNDATION purchased 4,000 shares, netting a total of over 660,800 in proceeds.

Before that, ARNOLD FRANCES had sold 111 shares from its account. In a trade valued at $17,743, the Director traded Alphabet Inc shares for $159.85 each. Upon closing the transaction, the insider’s holdings decreased to 111 shares, worth approximately $2.62 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 drop of approximately -5.03%. Over the course of the year, Alphabet Inc shares have dropped approximately -19.76%. Shares of the company reached a 52-week high of $208.70 on 02/04/25 and a 52-week low of $142.66 on 04/07/25. A 50-day SMA is recorded $162.70, while a 200-day SMA reached $173.03.

Support And Resistance Levels for Alphabet Inc (GOOG)

According to the 24-hour chart, there is a support level at 145.86, which, if violated, would cause prices to drop to 138.93. In the upper region, resistance lies at 163.36. The next price resistance is at 173.93. RSI (Relative Strength Index) is 40.61 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.48, which suggests the price will increase in the coming days. Percent R is at 77.82%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.

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