Co-founder of Google, Sergey Brin unloaded shares of the search giant, 166, 668, sold at an average of$581.05 for a total of $96, 842, 441. Brinn’s holding in Google currently total 22, 735, 278 shares at a value of $13, 210, 333.
Analysts from Stifel Nicolaus, Argus and Raymond James all gave bullish forecasts on Google in the months of July and August. The shares rose on Wednesday September 3, trading up 0.11%. When the company reported earnings in July, it missed earnings estimates and narrowly beat Wall Street estimates for revenue.
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