Sergey Brin Insider Sell
Director, Sergey Brin is the Google Inc’s insider who sold shares of Google Inc, 16,666 to be precise. The shares were based on an average share price of $628.9, with the insider sale transaction having an approx. value of $10,481,187 US Dollars. He also sold 33,340 shares with a market value $21,445,735 USD in the last month. Having been a very huge market trade at Google Inc, the probability that it stays ignored for long was obviously very low. Sergey Brin right now has 21.24 million shares which are equivalent to about 10%+ of the California-Company’s total market capitalization.
Google Inc Sentiment and Fundamentals
Sergey Brin’s enormous deal probably shows his disbelief in the stock price of Google Inc. Forty five security specialist analysts who study Google Inc’s potential expect earnings of $28.85 per share for 2015 and an expected YoY growth rate +17.97%.
Within the last 50 days, the share price of Google Inc has advanced roughly 8.14% and has steady bull uptrend. Taking into account our momentum system and Sergey Brin’s stock sell, we rate the stock “Neutral”.
Sergey finished this deal on September 30, 2015. The filing is available here at the Security Exchange Commission website.
Institutional Ownership
Review of 13F SEC filings reveal that 1475 investment managers owned Google Inc. In Q2 2015, the company in focus had 33.92% institutional ownership. That is an extremely high interest. Its down 33.44% from Q1 2015. These hedge funds decreased the total shares they own by 116.83 million to 232.53 million this quarter. There were 106 funds that created new positions and 691 funds that added to their positions. A total of 78 funds closed their positions in Google Inc and 586 reduced their holdings.
95 institutional funds are confident in the stock and have it in their Top 10. These funds are: Landscape Capital Management L.L.C., Maplelane Capital Llc, Zenit Asset Management Ab, Ancient Art L.P., Belvedere Trading Llc, Hs Management Partners Llc, Kenmare Capital Partners L.L.C., Eton Park Capital Management L.P., Janus Capital Management Llc, Kames Capital Plc.
A.R. Schmeidler & Co. Inc. is the most bullish institutional investor on Google Inc, with ownership of 4,625 shares as of Q2 2015 for 0.44% of the fund’s portfolio. Advisors Capital Management Llc is another bullish asset manager owning 15,067 shares of the company or 0.85% of their stocks portfolio. The stock is also 1.03% of the fund’s AUM. The Texas-based fund American National Insurance Co Tx have 0.79% of their stock portfolio invested in the stock for 25,542 shares. In addition, American National Registered Investment Advisor Inc. disclosed it had purchased a stake worth 0.55% of the fund’s stock portfolio in the company. The Massachusetts-based fund Anchor Capital Advisors Llc was also a notable believer in the publicly listed company, with ownership of 449 shares. Google Inc is 0.01% of the fund’s stock portfolio.
Google NASDAQ:GOOG Company Profile
Google Inc. (Google) provides its products and services in more than 100 languages and in more than 50 countries, regions and territories. The Company offers a range of products across screens and devices. The Company delivers both performance advertising and brand advertising. The Performance advertising creates and delivers relevant ads, which leads to direct engagement with advertisers. Brand advertising enhances users’ awareness of and affinity with advertisers’ products and services, through videos, text, images, and other interactive ads that run across various devices. The Company has an ad technology platform for brand advertisers, agencies, and publishers to power its digital marketing businesses across display, mobile, and video.
Company Website: Google
At the moment its market capitalization is: $417.09 billion and it has 701.03 million outstanding shares. The firm has 57148 employees. As of writing the company has 67.21% shareholders and the institutional ownership stands at 67.21%. Google Inc was founded in Delaware on 2002-10-22. The stock closed at $608.419983 yesterday and it had average 2 days volume of 939209 shares. It is up from the 30 days average shares volume of 916191. Google Inc has a 52w low of $486.28 and a 250 days high of $678.60. The stock price is above the 200 days Simple moving average.
* Each share of Class A Common Stock was issued upon the conversion of one share of Class B Common Stock at the election of Reporting Person.
* The shares were sold in multiple transactions at prices ranging from $619.26 to $620.25 - inclusive.
* The shares were sold in multiple transactions at prices ranging from $620.86 to $621.85 - inclusive.
* The shares were sold in multiple transactions at prices ranging from $621.90 to $622.89 - inclusive.
* The shares were sold in multiple transactions at prices ranging from $622.91 to $623.90 - inclusive.
* The shares were sold in multiple transactions at prices ranging from $624.02 to $625.03 - inclusive.
* The shares were sold in multiple transactions at prices ranging from $625.28 to $626.27 - inclusive.
* The shares were sold in multiple transactions at prices ranging from $626.29 to $627.28 - inclusive.
* The shares were sold in multiple transactions at prices ranging from $627.30 to $628.29 - inclusive.
* The shares were sold in multiple transactions at prices ranging from $628.63 to $627.62 - inclusive.
* The shares were sold in multiple transactions at prices ranging from $630.33 to $631.32 - inclusive.
* The shares were sold in multiple transactions at prices ranging from $631.45 to $632.44 - inclusive.
* The shares were sold in multiple transactions at prices ranging from $632.75 to $633.74 - inclusive.
* The shares were sold in multiple transactions at prices ranging from $633.78 to $634.77 - inclusive.
* The shares were sold in multiple transactions at prices ranging from $635.33 to $636.32 - inclusive.
* The shares were sold in multiple transactions at prices ranging from $636.98 to $637.97 - inclusive.
* The shares were sold in multiple transactions at prices ranging from $638.33 to $639.32 - inclusive.
* The shares were sold in multiple transactions at prices ranging from $639.46 to $640.45 - inclusive.
* The shares were sold in multiple transactions at prices ranging from $640.57 to $641.56 - inclusive.
* The shares were sold in multiple transactions at prices ranging from $642.04 to $643.03 - inclusive.
* All shares are exercisable as of the transaction date.
* There is no expiration date for the Issuer’s Class B Common Stock.
