Alphabet (GOOGL) Gets a Buy Rating from Tigress Financial

By Jason Carr

In a report released today, Ivan Feinseth from Tigress Financial reiterated a Buy rating on Alphabet (GOOGLResearch Report). The company’s shares closed last Monday at $1293.67, close to its 52-week high of $1333.92.

According to TipRanks.com, Feinseth is a top 100 analyst with an average return of 17.2% and a 69.6% success rate. Feinseth covers the Consumer Goods sector, focusing on stocks such as Dolby Laboratories, Harley-Davidson, and Snap-on.

Currently, the analyst consensus on Alphabet is a Strong Buy with an average price target of $1455.55.

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The company has a one-year high of $1333.92 and a one-year low of $977.66. Currently, Alphabet has an average volume of 1.24M.

Based on the recent corporate insider activity of 47 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of GOOGL in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.