What Did This CEO Just Do with Personal Shares of Alphabet (NASDAQ: GOOGL)?

Yesterday, the CEO of Alphabet (GOOGLResearch Report), Sundar Pichai, sold shares of GOOGL for $7.4M.

In addition to Sundar Pichai, 2 other GOOGL executives reported Sell trades in the last month.

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Based on Alphabet’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $46.08 billion and quarterly net profit of $10.67 billion. In comparison, last year the company earned revenue of $39.28 billion and had a net profit of $8.95 billion. The company has a one-year high of $1530.74 and a one-year low of $1008.87. GOOGL’s market cap is $763 billion and the company has a P/E ratio of 23.70.

The insider sentiment on Alphabet has been negative according to 74 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Sundar Pichai’s trades have generated a -6.8% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Alphabet, Inc. is a holding company, which engages in the business of acquisition and operation of different companies. It operates through the Google and Other Bets segments. The Google segment includes its main Internet products such as ads, Android, Chrome, hardware, Google Cloud, Google Maps, Google Play, Search, and YouTube. The Other Bets segment consists of businesses such as Access, Calico, CapitalG, GV, Verily, Waymo, and X. The company was founded by Lawrence E. Page and Sergey Mikhaylovich Brin on October 2, 2015 and is headquartered in Mountain View, CA.