Institutional sellers dominated buyers in Alphabet Inc. on 08/27/2024

Post date: 2024-08-28 14:29:43 GMT

This chart shows distribution of Institutional flows for GOOGL: % buyers in green and % sellers in red. The proportions of the institutional flows are estimated as a % of the total volume traded in GOOGL on 08/27/2024. As the chart shows, most recently there is more mass on the sellers side of the institutional flows than on the buyers side. However, the history of institutional flows and their relative proportion over time also matters. The 20-day trendline shows the slope of 0.2%. This implies that the trend has been neutral.

Alphabet Inc., formerly known as Google, is a multinational conglomerate and parent company of many subsidiaries including Google, YouTube, Android, and Waymo. Founded in 1998 by Larry Page and Sergey Brin, Alphabet Inc. is headquartered in Mountain View, California. It is the world's biggest technology company and the fourth largest company by market capitalization, valued at $1 trillion. With its focus on innovation and technology, Alphabet Inc. has become the leader in many industries, ranging from internet search and advertising to cloud computing. The company is also investing heavily in artificial intelligence, self-driving cars, and healthcare. Its goal is to bring about positive change in the world and it plans to do this through its extensive portfolio of products and services.