Shares of Google (NASDAQ:GOOG) Sees Large Inflow of Net Money Flow

Google (NASDAQ:GOOG) dropped by -0.15 or -1.05 points during the last session to $718.36 per share. One of the highlights of the day was the net money flow figure, which stood at $40.13 million even as the stock accepted $214.59 million in upticks but rejected $174.46 million in downticks. The up/down ratio for the last observation was a 1.23. The 1-week percentage change for the stock price is registered at -0.55%.A block transaction occurred with $59.03 million in upticks and $10.85 million in downticks while the up/down ratio was calculated to be 5.44. The stock witnessed a net inflow of $48.18 million at the end of the block trade.


Currently the company Insiders own 0.33% of Google shares according to the proxy statements. Institutional Investors own 35.11% of Google shares. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Pichai Sundar, officer (CEO, Google Inc.) of Alphabet Inc., had unloaded 4,000 shares at an average price of $741.5 in a transaction dated on June 1, 2016. The total value of the transaction was worth $2,966,000.

Google (NASDAQ:GOOG) stock ended Monday session in the red zone in a volatile trading. The stock closed down 1.05 points or 0.15% at $718.36 with 1,258,930 shares getting traded. Post opening the session at $716.51, the shares hit an intraday low of $716.51 and an intraday high of $725.44 and the price was in this range throughout the day. The company has a market cap of $493,194 million and the number of outstanding shares have been calculated to be 686,555,230 shares. The 52-week high of Google (NASDAQ:GOOG) is $789.8699 and the 52-week low is $515.18.

Many analysts have stated their opinion on the company shares. Deutsche Bank maintains their rating on the shares of Google (NASDAQ:GOOG). The current rating of the shares is Buy. Equity Analysts at the Firm raises the price target to $1.10K per share from $1.08K per share. The rating by the firm was issued on April 22, 2016.

Alphabet Inc (Alphabet) is a collection of Companies. The Companys collection include Calico, Googles health and longevity effort; Nest its connected home business; Fiber, its gigabit internet arm; and its investment divisions such as Google Ventures and Google Capital, and incubator projects, such as Google X. These will be managed separately in Alphabet. On October 2, 2015, Google implemented a holding company reorganization pursuant to the Agreement and Plan of Merger (the Merger Agreement), dated as of October 2, 2015, among Google, Alphabet and Maple Technologies Inc., a Delaware corporation (Merger Sub), which resulted in Alphabet owning all of the outstanding capital stock of Google. Pursuant to the Alphabet Merger, Merger Sub, a direct, wholly owned subsidiary of Alphabet and an indirect, wholly owned subsidiary of Google, merged with and into Google, with Google surviving as a direct, wholly owned subsidiary of Alphabet.

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