The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Alphabet Inc shares valued at $31,984 were purchased by Hennessy John L. on May 13 ’25. At $159.92 per share, Hennessy John L. acquired 200 shares.
Also, Pichai Sundar sold 32,500 shares, netting a total of over 5,066,763 in proceeds. Following the sale of shares at $155.90 each, the insider now holds 2,652,696 shares.
Before that, SUNDAR PICHAI had added 32,500 shares to its account. In a trade valued at $5,369,000, the Director bought Alphabet Inc shares for $165.20 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 9.17%. Over the course of the year, Alphabet Inc shares have dropped approximately -12.41%. 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 $161.48, while a 200-day SMA reached $172.62.
Support And Resistance Levels for Alphabet Inc (GOOG)
According to the 24-hour chart, there is a support level at 162.38, which, if violated, would cause prices to drop to 157.95. In the upper region, resistance lies at 169.79. The next price resistance is at 172.77. RSI (Relative Strength Index) is 57.01 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.05, which suggests the price will increase in the coming days. Percent R is at 8.12%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
