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ArborFi Advisors invested $418,000 in Alphabet, despite insiders selling $25.3 million worth of shares.
ArborFi Advisors and other firms have recently invested in Alphabet Inc., Google's parent company, with ArborFi acquiring 2,208 shares valued at $418,000.
Despite insiders selling 148,053 shares worth $25.3 million, the stock received a "Moderate Buy" rating with a target price of $199.46.
Alphabet reported a strong quarter with EPS of $2.81, up from $1.89 last year, and announced a quarterly dividend of $0.21.
The company has a market cap of $1.94 trillion and a P/E ratio of 19.73.
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ArborFi Advisors invirtió $ 418,000 en Alphabet, a pesar de que los informantes vendían acciones por un valor de $ 25.3 millones.